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The US House Foreign Affairs Committee’s Democratic panel has strongly criticised former President Donald Trump and his administration over what they describe as a “misguided and punitive” approach in singling out India for penalties tied to Russian oil imports, while sparing other major importers such as China.The criticism comes in response to the Trump administration’s decision to impose steep
The recent trade situation between the US and India, spotlighted by the doubling of US tariffs on Indian goods to 50%, has brought considerable tension yet cautious optimism for a resolution.US Treasury Secretary Scott Bessent acknowledged the complexity of the relationship, including tariff discussions and disputes over India’s purchase of Russian oil, but remains hopeful that both nations will
Iranian President Masoud Pezeshkian has announced that more than 1,000 megawatts of solar panels have been installed since his administration took office more than a year ago, part of a drive to meet the country’s renewable energy goals.
India and the United States recently held their 2+2 Inter-sessional Dialogue virtually, aimed at deepening their strategic partnership in a rapidly shifting global order.The talks took place at a time of underlying strain in bilateral economic ties, largely owing to tariff-related tensions that emerged under the Trump administration’s trade policies.Despite these frictions, both countries
Beginning August 27, India faces one of the most severe trade shocks in recent history, as the United States enforces a sweeping 50% tariff on a wide range of Indian products.This move comes on top of an already existing 25% punitive duty introduced earlier under the Trump administration, primarily as a retaliatory measure against India’s continued purchases of Russian crude oil and defence
Two days before punitive US tariffs kick in, Prime Minister Narendra Modi on Monday (Aug 26) said that India would withstand the economic pressure as it continues to strengthen its resilience.The United States, under President Donald Trump’s administration, has officially issued a notice to impose an additional 25% tariff on Indian imports, effectively doubling the existing 25% tariff to a total
Defence Minister Rajnath Singh, while commissioning two advanced multi-mission stealth frigates – INS Udaygiri and INS Himgiri – at the Eastern Naval Command, reaffirmed the expanding role of the Indian Navy as a central pillar not only of India’s maritime security but also of its overall economic security.He underlined that the Navy’s responsibility extends far beyond safeguarding the sea lanes,
Shares drop by 18% after stop-work order on $1.5bn project off Rhode Island, which was 80% completeShares in Ørsted hit an all-time low on Monday after the Trump administration ordered Europe’s largest wind power company to stop work on a near complete…
Iran’s ambassador to Russia said Monday that the delivery of Russian gas to Iran through the Republic of Azerbaijan could begin “in the near future,” pending agreement on pricing terms.
India has strongly pushed back against the recent decision by the United States to impose additional tariffs on Indian goods, describing the move as “unfair, unreasonable, and unjustified.” The escalation came after Washington announced a significant increase in duties, raising tariffs by 25 per cent to a total of 50 per cent, targeting Indian imports as a penalty for New Delhi’s continued