Trump asserted that his administration is working closely with Caracas and claimed that large volumes of Venezuelan oil are already entering the United States as part of the engagement.
With US President Donald Trump "greenlighting" a bill that would impose 500 per cent tariffs on countries for buying Russian oil, GTRI said in a report on Thursday that any such tariff would effectively shut down India's goods and services exports to the United States, now exceeding USD 120
Commenting on the BJP leader's silence over Trump's statement, Owaisi said, "The BJP people get scared the moment Trump's name comes up. It has been 24 hours, and they have gone completely mute. Say something at least! When will you speak up?"
"Because of Tariffs, our Country is financially, AND FROM A NATIONAL SECURITY STANDPOINT, FAR STRONGER AND MORE RESPECTED THAN EVER BEFORE. GOD BLESS AMERICA!" Trump said in a post on Truth Social.
"PM Modi's a very good man. He's a good guy. He knew I was not happy. It was important to make me happy. They do trade, and we can raise tariffs on them very quickly," Trump said.
The ongoing crisis in Venezuela is unlikely to have any material economic or energy impact for India, asserted India-based think tank Global Trade Research Initiative (GTRI).
The US Federal Reserve's latest 25-basis-point rate cut has set the stage for a complex global monetary backdrop, but its implications for India are expected to be relatively stable, according to analysis from YES Bank's Economics Research team.
Russian oil exports saw a steep decline in November as buyers grew increasingly cautious over the risks linked to more stringent US sanctions, the International Energy Agency (IEA) said in its latest report.
India has the potential to raise its merchandise exports to Russia from about USD 5 billion to nearly USD 35 billion by 2030, according to a GTRI report, as President Vladimir Putin's visit to Delhi places renewed focus on narrowing the wide trade gap between the two countries.
As Russian President Vladimir Putin is in India, Congress MP Shashi Tharoor praised the importance of the relationship with Moscow, stating that from oil and gas to defence equipment, which played a seminal role in Operation Sindoor, Russia has stood by India, and that the ties between the t
The European Union announced it is entering a "new era" by phasing out all Russian gas and oil imports, with gas imports to stop by autumn 2027, European Commission President Ursula von der Leyen said on Wednesday.
Russian FDI equity inflows into India surged more than threefold in FY2025 to USD 18.45 million, up from USD 5.16 million in FY2024, marking the highest level in four years and a renewal in economic engagement between the two countries.