Babushkin also hit out at Washington's tariff decision and pressure on New Delhi over Russian crude oil, saying the moves were "unjustified and unilateral."
Kwatra said he had a "productive discussion" with Rep. Pete Sessions, Chairman of the Congressional Sub-Committee on Governmental Operations, where the two sides exchanged views on energy security and the growing hydrocarbon partnership between India and the United States.
US White House Press Secretary Karoline Leavitt on Tuesday (local time) said that US President Donald Trump imposed tariffs on India to deter Russia from pursuing the Ukraine conflict. Trump has doubled India's tariff to 50 per cent by imposing an additional 25 per cent levy on the previo
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
"A lot of people are talking about tariffs these days... I want to tell you in brief that India is such a country that is going to be the least affected by tariffs. What is the reason for that? Today, there is a 57-58% contribution of local consumption to our GDP... Whatever impact there
The central govt step of reducing import duty on cotton will boost the textile industry of the country and will increase exports, stated Praveen Khandelwal, BJP MP and Secretary General of Confederation of All India Traders (CAIT).
A Fitch Wire report said that while Indian corporates generally have low direct exposure to current US tariffs, the pharmaceutical industry remains vulnerable to future trade measures. The US is a key market for Indian drugmakers, and any tariff imposition could ripple across the sector.
On the cloud burst and flash flood in Kishtwar, J&K Congress President Tariq Hameed Karra on Sunday expressed grief and support for the families of the deceased in the incident. He also raised a few questions for the administration, such as whether people could have been saved if the bri
Jammu and Kashmir Congress President Tariq Hameed Karra termed the recent cloudburst and flash flood in Kishtwar as a "very tragic incident," raising concerns over lapses in preventive measures and rescue operations.
Odisha Deputy Chief Minister KV Singh Deo flagged how US President Donald Trump has made it a habit to "threaten" other countries on the basis of tariffs and emphasised Prime Minister Narendra Modi's strong stance for farmers and fishermen.
South Korean Foreign Minister Cho Hyun has expressed solidarity with India over the Pahalgam terror attack and on its fight against terrorism, saying his country stands by the Indian government and the people of India.