Union Commerce and Industry Minister Piyush Goyal on Friday said India is in a wait-and-watch mode following the U.S. Supreme Court ruling on U.S. tariffs, describing the situation as "evolving" and asserting that the government remains committed to protecting the country's interests.
India occupies a relative middle ground following the latest tariff developments by the United States, but any uniform tariff hike under Section 122 could increase its tariff exposure and erode some of the advantages gained through earlier negotiations, according to a report by Union Bank of
India must urge the United States to withdraw the 25 per cent "Russian oil" tariffs before proceeding with any trade agreement, stated a report by the Global Trade Research Initiative (GTRI).
The survey found people are feeling the pinch at the shops and at home. About seven in 10 Americans say they are spending more on groceries this year compared with last year. Around six in 10 say they are paying more for utilities. Roughly four in 10 say they are spending more on health care
Addressing a press briefing on Tuesday (local time), White House Press Secretary Karoline Leavitt said, "The President is positive and feels very strongly about the India-US relationship. A few weeks ago, he spoke to the Prime Minister directly when he celebrated Diwali in the Oval Office
The goods and services tax (GST) reforms will be credit positive for Indian companies as it will boost consumption and reduce risks of US tariffs, noted global rating agency Fitch in its latest report.
Leading geopolitical expert David Goldwyn has backed India's firm stance against US President Donald Trump's imposition of steep tariffs, asserting that New Delhi is "right to continue to exercise its sovereignty."
In a post on his social media platform, Truth Social, Trump wrote, "I am pleased to announce that India and the United States of America are continuing negotiations to address the Trade Barriers between our two Nations. I look forward to speaking with my very good friend, Prime Minister M
Israeli Finance Minister Bezalel Smotrich said both Israel and India are negotiating with the US on tariffs. Speaking in Delhi, he expressed confidence that differences will be resolved, citing strong ties, common values, and economic interests shared by the three nations.
Rejecting the notion that India must align itself with competing global blocs, Ashraf said, "Indians and India need to get out of this mindset that either we have to be in one camp or we have to be in another camp. We are not a small, weak country that needs these crutches in our external re
Amid growing bonhomie with New Delhi, Russia is carrying out studies to determine the level of investments that it would require to manufacture its Su-57 fifth-generation fighter jet in India.