White House releases order imposing 25% tariffs on India

The United States announced a 25 per cent tariff on India as the White House released an expansive list of duties that Washington, DC will impose on exports from countries around the world. IMAGE: US President Donald Trump delivers remarks

Fiscal deficit in Q1 at 17.9% of full-year target

The Centre’s fiscal deficit stood at 17.9 per cent of the full-year target at the end of June, according to data released by the Controller General of Accounts (CGA) on Thursday. Illustration: Uttam Ghosh It was at 8.4 per cent

India to take all steps to protect national interest: Goyal on US tariff

India will take all necessary steps to safeguard and promote national interest, Commerce and Industry Minister Piyush Goyal said on Thursday, a day after US President Donald Trump announced 25 per cent tariffs plus penalty on domestic exports to America

Higher US tariffs may trim GDP growth by 30 bps: Barclays

The 25 per cent US tariffs, plus a penalty for Russian imports, could dent India’s GDP growth by 30 basis points in the current fiscal, but the higher duty is unlikely to significantly affect India’s domestic demand-driven economy, Barclays said

US sanctions Indian companies over Iran oil trade

The United States has imposed sanctions on at least half a dozen Indian companies accused of trading in Iranian petroleum and petrochemicals as part of broader action targeting 20 entities worldwide. Illustration: Dado Ruvic/Reuters The US Department of State announced

Studying US tariff implications, hopeful of trade pact: Govt

The government on Wednesday said it is studying the implications of US President Donald Trump’s announcement to impose 25 percent tariffs on Indian goods, along with a penalty from August 1 and it is still hopeful of concluding a fair,

Hyundai unperturbed by rare earth magnet shortage

Hyundai Motor India on Wednesday said the company is not facing any production issues due to the shortage of rare earth magnets. Photograph: Courtesy, Hyundai Replying to a query in the company’s earnings conference call, Hyundai Motor India head of

Shailesh Jejurikar: P&G’s New Boss Is Big Into Bollywood Movies

Shailesh Jejurikar has ‘always made an effort to stay close to his roots.’ IMAGE: Shailesh Jejurikar, President and CEO, P&G. Photograph: Kind courtesy T6784/wikipedia.org/Creative Commons India loves its Bollywood stars and cricket heroes, and so does Shailesh Jejurikar, who has

India, US Push To Futureproof Trade Ties

India is seeking either an exemption or a longer timeline on the pharmaceutical tariffs, expected to kick in by July 31. Photograph: Shailesh Andrade/Reuters   The US is pressing India to commit to not reintroducing the so-called ‘Google tax’, while

There is more room for monetary policy easing, says Finance Ministry

With inflation comfortably below the Reserve Bank of India’s (RBI’s) 4 per cent median target and likely to undershoot its 3.7 per cent projection for 2025-26 (FY26), there is room for the monetary policy easing cycle to be sustained, the