In an 'X' post, Gandhi asked Prime Minister Narendra Modi about the meaning of importing Distillers Dried Grains (DDG) crops from the US. He said that this means Indian cattle would be fed distillers' grain made from Genetically Modified (GM) American corn, and questioned whether it would
Following claims made by the White House that India has "committed to stop directly or indirectly importing" oil from Russia, as per the interim framework between the US and India trade agreement, the Ministry of External Affairs on Saturday reiterated its stance on the issue, noting that
Congress MP Jairam Ramesh on Saturday criticised the announced framework for the India-US trade deal, raising concerns over India's purchase of oil from Russia as the White House confirmed that India had agreed to stop importing Russian oil.
Announcing the elimination of the additional tariffs imposed on India for purchase of Russian Oil the White House confirmed that India had agreed to stop importing Russian Oil
US Treasury Secretary Scott Bessent accused Europe of indirectly funding Russia's war by importing fuel linked to Russian oil, even as it backs Ukraine. His remarks came as India and the EU finalised a major trade deal amid rising global trade tensions.
Selling pressure continued to hang over domestic equity markets in the opening session on Friday as benchmark indices opened in the red, weighed down by persistent 500 per cent US tariff threats on countries importing Russian crude and record foreign portfolio investor (FPI) outflows.
Zoho co-founder Sridhar Vembu emphasised the need for India to develop deep technological capabilities to become a resilient, high-income trading nation, warning against perpetual dependence on importing high-value technologies while exporting low-value products.
While responding to how India should navigate the dilemma of dealing with China, which is the second-largest economy, despite being a large trading partner, Amitabh Kant told ANI that it is in India's economic interest that instead of importing from China, the country should aim at joint ven
Naidu also said that India would not "compromise or succumb to pressure from anybody" despite tensions with Washington over Russian crude purchases and the recent imposition of additional US tariffs on Indian goods.
India today imports 80 per cent of its oil and 50 per cent of its natural gas needs. India is now importing oil and gas from as many countries as possible, about 40 countries now, to meet its demand.
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.