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India's resilient domestic demand and strength of services sector will mit
Updated : 9 months, 3 weeks ago IST
India's strong domestic demand and the robust performance of its services sector will help cushion the economic impact of steep new US tariffs imposed as a penalty for continued imports of Russian crude oil, according to a report by Moody's Ratings.
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India's GDP will go below 6.2% in FY26, if 25% US tariff continues post Se
Updated : 9 months, 3 weeks ago IST
India's not giving market access to the United States (U.S.) in the agriculture and Dairy products sectors is likely to be the reason for not reaching on a trade agreement, noted S &P Market Intelligence report released on Friday.
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India will have GDP loss of 50 bps if US applies 20 pc reciprocal tariffs:
Updated : 1 year, 3 months ago IST
In a simulated scenario assessing the potential economic impact of a 20 per cent flat tariff on Indian exports to the United States, the State Bank of India report predicts a loss of 50 basis points (bps) to India's GDP.
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Taiwan President Lai Ching-te increases defence budget spending to 3 per c
Updated : 1 year, 3 months ago IST
Taiwan plans to raise its defence spending to at least 3 per cent of GDP this year, President William Lai announced, emphasising the need to strengthen national security. The proposed increase comes amid growing regional tensions and US President Donald Trump's renewed push for tariffs on Ta
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