The UAE and South Korea are deepening their special strategic partnership ahead of President Lee Jae-myung's visit. Cooperation spans trade, energy, defence, culture, healthcare and tourism, with major projects including the Barakah Nuclear Plant and a $30 billion UAE investment commitment i
"Tariff is terrorism, it is very deadly. After World War 2 if World War 3 is there then it is this economic war. In this, atleast the poor countries, developing countries should be taken care of. The people in power have been so samrajyawadi (imperialist) and vistarwadi (expansionist), ha
Former United States National Security Advisor John Bolton has questioned the choice of Sergio Gor as the next US Ambassador to India, saying he does not consider him "qualified" for the role.
India must urgently file an amicus curiae brief in the U.S. Supreme Court to counter the Trump administration's move to justify punitive tariffs by citing its oil trade with Russia, according to a report by the Global Trade Research Initiative (GTRI).
US Commerce Secretary Howard Lutnick said India will eventually seek a trade deal with Washington despite continuing oil trade with Russia, warning that failure to support the US could lead to 50 per cent tariffs on Indian exports.
"The Indians are so arrogant about this. They say, oh, we don't have higher tariffs. Oh, it's our sovereignty. We can buy oil from anyone we want. India, you're the biggest democracy in the world. Okay? Act like one. Side with the democracies," he said in the interview.
India's Ambassador to the United States, Vinay Mohan Kwatra, held talks with US Rep Josh Gottheimer on balanced, fair and mutually beneficial trade ties between the US and India.
In an interview with CNBC, Bessent said, "Before the war in Ukraine, less than 1% of India's oil came from Russia. Now it is 42%. The system is allowing India to profiteer by buying cheap Russian oil, reselling it, and pocketing $16B in excess profits. This opportunistic arbitrage is unaccep
The conversation comes after US Senator Lindsey Graham on Friday (local time) urged India to use its influence with Russia to help end the war in Ukraine, calling it one of the most significant steps to improve India-US relations.
Responding to ANI, a White House official said that India's oil trade with Russia is significantly larger and more deliberate than the US's restricted imports of essential commodities.
"Look, India and Russia have a very old relationship. And Russia is a trusted friend of ours. If we're importing oil from Russia, the reason for that is that we have to look at our oil security in our agriculture sector and transport sector. And it is not that we are doing it only through Ru
The MEA described the criticism of India's trade policy as "unjustified and unreasonable," asserting that India will take necessary measures to safeguard its national interests and economic security.