More results...
The Indian Congress party has raised serious concerns over US President Donald Trump’s recent claim that India has agreed to significantly reduce its tariffs.Trump stated that India has agreed to cut its tariffs "way down" after being "exposed" for imposing high tariffs on American goods, which he claimed made it difficult to sell products in India.This announcement came during a visit by Indian
External Affairs Minister S. Jaishankar recently inaugurated a new Consulate General of India in Manchester, marking a significant milestone in India-UK relations.The inauguration, which took place on International Women’s Day, was particularly notable as Vishakha Yaduvanshi assumed her role as Consul General, reflecting the Indian government’s emphasis on women’s issues. Jaishankar highlighted
The United States has recently urged India to cease purchasing military equipment from Russia, emphasizing that this historical reliance on Russian arms needs to end. US Secretary of Commerce Howard Lutnick made these remarks at the India Today Conclave, highlighting the importance of strengthening ties between New Delhi and Washington by shifting India’s defence purchases to American-made
Prime Minister Narendra Modi and US President Donald Trump have agreed to advance negotiations on a multi-sector Bilateral Trade Agreement (BTA), marking a significant step towards enhancing economic cooperation between the two nations. This agreement, finalised in February 2025, aims to boost bilateral trade to $500 billion by 2030, focusing on key sectors such as energy, defence, and
As the United States imposes tariffs on several countries, including Canada, China, and Mexico, India has chosen a cautious approach in the escalating trade tensions. Unlike its counterparts, which have responded with retaliatory tariffs and complaints to the World Trade Organisation (WTO), India is focusing on strengthening its trade ties with the U.S. through a bilateral trade agreement.The
In response to the recent tariffs imposed by the U.S. on imports from Canada, Mexico, and China, an expert body advising the government has suggested preparing to retaliate with tariffs that target the U.S. where it hurts most. This strategic approach aims to counterbalance the economic impact of U.S. tariffs, which have been criticised for potentially raising consumer prices and disrupting
Prime Minister Narendra Modi recently expressed his encouragement and appreciation for Japan’s commitment to the ‘Make in India, Make for the World’ initiative. This came after a meeting with a Japanese business delegation led by Tatsuo Yasunaga, where discussions focused on deepening economic collaboration between India and Japan.PM Modi highlighted the potential for mutual growth and the
An overlooked facet of the Gaza war is how it intersects with the struggle to control trade corridors across Eurasia.
Experts believe that the imposition of high tariffs by the US on China, Mexico, and Canada could significantly boost Indian exports to the American market.This opportunity arises as the tariffs on Chinese, Mexican, and Canadian goods will increase their prices in the US, making them less competitive compared to Indian products.Historically, India has benefited from similar trade tensions. During
The Indian rupee has strengthened recently, supported by the Reserve Bank of India’s (RBI) firm defence of the 87.40-87.50 territory against the U.S. dollar. This defence has been crucial in curbing speculative bets against the currency, particularly during periods of broad-based interbank dollar sales. As of early March 2025, the rupee was valued at 87.1550 per U.S. dollar, marking a modest