The US administration has, in a way, adopted a flexible trade strategy by offering reduced tariffs to countries that pledge reciprocal benefits such as increased purchases of US goods, removal of trade barriers, or investment in American industries.
Indian stock markets opened sharply lower on Thursday, witnessing a major sell-off after US President Donald Trump announced a 25 per cent tariff on Indian goods, along with penalties on purchases of Russian crude and defence equipment.
The US Department of State announced the sanctions on Wednesday, alleging the Indian firms knowingly engaged in "significant transactions" for the purchase and marketing of Iranian petroleum products, violating American sanctions on Iran.
China on Wednesday responded strongly to the US suggestion that it will significantly raise tariffs if China continues to purchase Russian oil, saying "coercion and pressuring will not achieve anything."
Pune (Maharashtra) [India], July 30: Keeping track of the credit health is now simpler with the free CIBIL Score Checker on Bajaj Markets. Whether users are planning a major purchase or preparing for a loan application, staying updated on the credit score takes just a few clicks. With no pap
He noted that the crisis has intensified due to limited fortnightly allotments, the closure of the National Fertilisers Corporation Limited (NFCL) unit in Kakinada, and the Ramagundam plant in Telangana failing to meet Andhra Pradesh's demand. Farmers in districts such as Srikakulam, Kurnool
The action is against alleged irregularities in purchases of medical equipment and reagent chemicals in 2023, through collusion with CGMSC officals that caused a loss of Rs 550 crore to the state exchequer.
New Delhi [India], July 28: In a transformative move set to reshape the wholesale textile industry, The Ethnic World.com, a Surat-based ethnic wear platform, has officially launched its B2B online store, offering bulk buyers across the globe a seamless digital experience to purchase Indian e
US President Donald Trump on Sunday (local time) announced that Washington and the European Union have reached an agreement on the trade deal, finalising at a uniform 15 per cent tariff on all goods across the board and purchases of massive energy and military equipment and unprecedented
New Delhi [India], July 26: A business loan helps companies get funds from financial institutions to grow their operations. These loans support daily expenses, equipment purchases, and expansion plans. The application process involves several easy steps that companies can complete without an
New Delhi [India], July 26: Buying a house is an important decision in one's life that requires careful financial planning. Many people in India apply for a home loan to support this goal. A home loan helps a person purchase a house and repay the amount in equated monthly instalments. The in