‘And America will invite India in to have really an extraordinary opportunity and relationship with us.’ IMAGE: US Commerce Secretary Howard Lutnick at the US Capitol in Washington, DC, March 4, 2025. Photograph: Brian Snyder/Reuters United States Secretary of
China on Tuesday retaliated US President Donald Trump’s imposition of 2nd round of ten per cent tariffs on its export by slapping an additional 15 per cent tariffs on American goods and initiated legal action against Washington in WTO while
Imposition of high tariffs on China, Mexico, and Canada by the US is expected to help Indian exporters in increasing their shipments to the American market, experts say. Photograph: Aly Song/Reuters They added that sectors which can be benefited include
Moody’s Ratings on Tuesday said India has a lower overall exposure to the US relative to others in the APAC region, although certain sectors such as food, textiles and pharmaceutical products face risks. Photograph: Dado Ruvic/Reuters Moody’s said most companies
India and the US will sit together in the next couple of weeks to decide on the nature of the proposed trade agreement and finalise its broad contours, a senior official said on Monday. Photograph: Dado Ruvic/Reuters During the recent
Artificial Intelligence, innovation and next-generation technologies figured prominently during the high-stakes discussion between Prime Minister Narendra Modi and US President Donald Trump at the White House, as the two sides announced transformative measures, including the US-India TRUST initiative, roadmap on
‘It can position itself as a China Plus One solution, fulfilling the demands of developed economies.’ Photograph: Kind courtesy Essar Group As President Donald Trump rolls out his Make in America plans, India’s Essar Group is finalising an additional $650
‘Expect FPIs to continue selling for several months until the rupee stabilises.’ Foreign portfolio investors (FPIs) have sold over $10 billion (more than Rs 97,000 crore/Rs 970 billion) worth of Indian equities in the first six weeks of 2025
Anticipating US action on tariffs, India seems to have made the first move by revamping its tariff structure by reducing the slabs to eight rates, points out Mukesh Butani. IMAGE: Union Finance Minister Nirmala Sitharaman addresses a press conference, New
United States President Donald Trump has announced that Washington DC will stop minting pennies, citing their high production cost, which exceeds their face value and termed the practice “wasteful.” Photograph: Kevin Lamarque/Reuters President Trump said Sunday that he has instructed
