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Tensions between India and Pakistan have escalated sharply following the deadly terror attack in Pahalgam, Jammu and Kashmir, on April 22, 2025, which claimed the lives of 26 people, mostly tourists. In response, both countries have enacted sweeping punitive measures, effectively severing remaining maritime and trade ties.India’s MeasuresIndia, citing national security and public policy, imposed
Following the deadly Pahalgam terror attack on April 22, 2025, India has imposed its most stringent economic measures against Pakistan to date, including a total ban on all imports and maritime access. This dramatic escalation in diplomatic tensions represents a significant shift in India’s approach to cross-border terrorism, with far-reaching economic and humanitarian implications for
US Vice-President JD Vance has publicly described Prime Minister Narendra Modi as a "tough negotiator" in the ongoing trade talks between India and the United States, highlighting the high stakes and urgency of the negotiations.Vance emphasised that India, long accused by some US officials of leveraging trade advantages, is now at the forefront of efforts to secure a new bilateral trade agreement
Afghan traders attending Iran Expo 2025 have underscored their strong desire to enhance trade relations with India, highlighting both opportunities and ongoing challenges in the regional trade landscape. During the expo, which saw participation from over 3,100 international traders representing 111 countries, Afghan business representatives stressed the need for both the Afghan and Indian
China’s commerce ministry on Friday confirmed it is “currently evaluating” a US offer to hold talks on tariffs on the condition that the US demonstrate “sincerity,” amid Donald Trump’s ongoing trade war which has strained the Chinese economy and rocke…
Apple achieved a significant milestone in the Indian smartphone market during the first quarter of 2025, registering a 28% year-on-year growth in iPhone shipments, according to data from Cyber Media Research (CMR).This surge translated to nearly three million iPhones shipped between January and March 2025, marking Apple’s strongest-ever first-quarter performance in India. This growth is
The airline has asked the Indian government for financial relief equivalent to its estimated losses.
The budget carrier said it might cancel 330 737 Max orders due to rising costs brought on by tariffs
The Attari-Wagah border crossing between India and Pakistan has been completely shut down as of Thursday, May 1, 2025, marking a significant escalation in the diplomatic tensions between the two neighbouring countries.This closure comes in the wake of the Pahalgam terror attack on April 22, which claimed 26 lives, predominantly tourists, and prompted the Indian government to issue evacuation
The US economy unexpectedly contracted in Q1 as imports surged ahead of President Trump’s new tariffs. Businesses and consumers stockpiled foreign goods to avoid looming levies. Trump blamed his predecessor for the downturn, despite the rush being tie…