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Union Commerce Minister Piyush Goyal with US Commerce secretary Howard LutnickIndia is currently pushing ahead with an ambitious global trade agenda, with Commerce and Industry Minister Piyush Goyal projecting optimism that a bilateral trade agreement (BTA) with the United States could be concluded by the fall season, potentially as early as November 2025.Speaking at the Annual Global
US Congressman Ro Khanna has strongly criticised the Trump administration’s decision to impose 50% tariffs on Indian goods, saying that the ego of Donald Trump should not be allowed to destroy the strategic relationship with India, which is crucial for ensuring American leadership over China.Khanna pointed out that the tariffs are higher on India than on China or any other country except Brazil,
Amid escalating tensions between India and the United States over energy trade, Russia has offered deeper discounts on its flagship Ural crude oil to Indian refiners.According to Bloomberg reports, Moscow is now willing to sell cargoes loading in late September and October at a greater markdown, with discounts widening to $3 to $4 per barrel, compared to the $2.50 discount offered just last week
The recent remarks by U.S. Treasury Secretary Scott Bessent shed light on the evolving tensions between Washington and New Delhi over trade, Russia, and geopolitical alignments amid the backdrop of the Shanghai Cooperation Organisation (SCO) summit.Speaking in an interview with Fox Business, Bessent conveyed optimism that the United States and India would eventually resolve their ongoing trade
In the aftermath of the recently concluded Shanghai Cooperation Organisation (SCO) Summit in China, sharp comments made by White House trade adviser Peter Navarro have injected fresh tension into India–U.S. relations.Navarro, known for his hardline stance on economic and strategic issues, launched a scathing attack on Indian Prime Minister Narendra Modi for holding joint discussions with Russian
Heysham 1 in Lancashire and Hartlepool in Teesside to continue operating until March 2028Business live – latest updatesThe lifespan of two UK nuclear power stations that power more than 4m homes a year has been extended by France’s EDF and British Gas …
The trade relationship between India and the United States has entered a turbulent phase under President Donald Trump’s administration due to the imposition of steep tariffs on Indian goods. Trump, in a recent statement on his social media platform, described the bilateral business relationship as “a one-sided disaster” persisting for decades.According to him, the imbalance stems from India’s
Prime Minister Narendra Modi returned to New Delhi on September 1, 2025, after concluding a significant four-day visit to Japan and China, during which he not only participated in the Shanghai Cooperation Organisation (SCO) Summit in Tianjin but also held the 15th India-Japan Annual Summit with Japanese Prime Minister Ishiba Shigeru.The visit was described by PM Modi as “productive,” where he
Former US National Security Advisor John Bolton has launched a sharp critique of President Donald Trump’s tariff policies, warning that they have undone decades of painstaking Western efforts to bring India closer to the United States and away from its historic dependence on Russia.In a series of posts on X, Bolton argued that Trump’s economic approach — which includes imposing a steep 50 percent
The Shanghai Cooperation Organisation (SCO) summit in Tianjin has emerged as a critical geopolitical flashpoint, bringing together Prime Minister Narendra Modi, Russian President Vladimir Putin, and Chinese Premier Xi Jinping at a time when the United States is recalibrating its global alignments and signalling pressure on India.The optics of Modi exchanging warm greetings, handshakes, and even