Economy

‘Modi Is A Great Man,’ Says Trump Praising Outcome of Envoy-Designate Sergio Gor’s Meeting With Indian PM

In a recent White House press briefing, US President Donald Trump commended Prime Minister Narendra Modi as a “great man” following the meeting between India’s envoy-designate to Washington, Sergio Gor, and the Indian Prime Minister.Speaking from the Oval Office alongside FBI Director Kash Patel, President Trump highlighted the productive nature of the discussions and reiterated his appreciation

October 16, 2025
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Trump Claims PM Modi Has Assured Him ‘India Will Not Buy Oil From Russia’ At Oval Office Briefing

US President Donald Trump announced on October 15, 2025, that Indian Prime Minister Narendra Modi assured him India would stop buying oil from Russia. Trump described this as a significant step in isolating Moscow economically amid its ongoing war in Ukraine. He said Modi made this assurance during discussions at the White House and added that now the US will try to persuade China to follow the

October 16, 2025
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Trump Calls BRICS ‘An Attack On The Dollar’

US President Donald Trump has strongly criticised the ten-member BRICS grouping, calling it “an attack on the dollar.” Speaking during a bilateral lunch with Argentine President Javier Milei at the White House, Trump emphasised his administration’s commitment to defend the global influence of the US dollar. He warned that nations joining BRICS would face tariff penalties when trading with the

October 15, 2025
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India Cuts Russian Oil Imports, Eyes Middle-East & US

India’s crude oil imports from Russia between April and September 2025 fell 8.4% year-on-year, driven by narrower price discounts and tighter supply availability from Russian producers. Industry and shipping data indicated that refiners sought alternative supply sources, with a notable shift towards Middle Eastern and U.S. crude.The reduction is also influenced by intensifying pressure from

October 14, 2025
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China Tightens Control Over Rare Earth Exports, Triggering Escalation With The U.S.

China has imposed sweeping export restrictions on rare earth elements (REEs), key materials critical to producing advanced semiconductors, microchips, and defence technologies. The policy grants Beijing direct control over global REE supply, reflecting its dominance—accounting for 68.6% of world production and 90% of global processing. For heavy rare earths, that figure reaches 99%. This abrupt

October 14, 2025
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Amid Trade Tension, China Imposes Port Fees On US

China has officially begun imposing special port fees on U.S.-owned, operated, constructed, or registered vessels arriving at Chinese ports starting October 14, 2025, as a direct response to similar fees imposed by the U.S. on Chinese-linked ships.The initial port fees are set at 400 yuan ($56) per net ton and will escalate annually on April 17 for the next three years. Notably, vessels built in

October 14, 2025
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Indian Delegation to Visit the US For Trade Talks

US Ambassador-designate Sergio Gor had met with Commerce Secretary Rajesh AgrawalA senior team of Indian officials is set to visit Washington, D.C., from October 15 to 17 to continue negotiations on the proposed Bilateral Trade Agreement (BTA) with the United States. The talks come at a critical moment, as both sides aim to finalize the first tranche of the pact by fall 2025. Commerce Secretary

October 14, 2025
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PM Modi Hails Efforts To Impart ‘New Momentum’ In Bilateral Ties During Meeting With Canadian Foreign Minister Anita Anand

Prime Minister Narendra Modi met with Canadian Foreign Minister Anita Anand in New Delhi on October 13, 2025, highlighting that her visit would help impart new momentum to the bilateral partnership between India and Canada. Modi recalled his visit to Canada in June for the G7 Summit, where he had an extremely productive meeting with Canadian Prime Minister Mark Carney.The Prime Minister

October 13, 2025
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Afghan Foreign Minister Invites India To Invest In Minerals And Requests Opening of Wagah Border For Faster Trade

Afghanistan’s Foreign Minister, Amir Khan Muttaqi, recently addressed a press conference in New Delhi during his visit to India, where he extended a formal invitation to India to invest in key sectors of Afghanistan’s economy.He emphasised minerals, agriculture, and sports as prime areas for potential Indian investment, highlighting Afghanistan’s rich natural resources and growth

October 13, 2025
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US Ambassador-Designate Sergio Gor Engages With Indian Leadership Amid Renewed Economic And Strategic Talks

US Ambassador-designate Sergio Gor’s recent visit to New Delhi marked a significant step in advancing the multifaceted relationship between India and the United States.On Sunday, Gor met with Commerce Secretary Rajesh Agarwal to discuss strengthening bilateral economic ties, focusing particularly on enhancing investment flows into the United States. This meeting is a crucial element of ongoing

October 13, 2025
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