Peter Navarro, Senior Counsellor for Trade and Manufacturing for US President Donald Trump, has yet again accused India of profiteering from Russian oil in his latest slew of remarks, alongside alleging that India's tariffs cost "Americans' jobs".
On US President Donald Trump's latest remarks claiming that the United States has "lost India and Russia to deepest, darkest China", Michael Kugelman, Senior Fellow at the Asia Pacific Foundation of Canada, said Trump's comments are more a reflection of his frustrations with New Delhi's r
India continues to remain engaged with the US side on trade issues, the Ministry of External Affairs said on Friday, while noting that the relationship between the two countries is anchored in shared interests, democratic values and robust people-to-people ties.
White House Economic Advisor Kevin Hassett has said that US President Donald Trump and the trade team are "disappointed" with India's continued imports of Russian crude oil, but hoped for positive developments.
Union Finance Minister Nirmala Sitharaman on Friday said that India will continue purchasing Russian oil, stressing that decisions will be guided solely by national interest.
The recent rationalisation of Goods and Services Tax (GST) is set to bring both relief and challenges across India's key sectors, according to the ICRA press release. However, in the oil and gas sector, the move could increase pressure.
The Ministry of External Affairs (MEA) on Thursday declined to comment on US President Donald Trump's latest remarks in which he mentioned India, Russia and China.
Industry bodies and experts have welcomed the government's announcement of GST 2.0, calling it a move that will simplify the tax system and reduce the burden on consumers, ultimately giving a push to the economy. Speaking to ANI, representatives from various sectors affected by the recently
New Delhi [India], September 5: Despite ongoing tariff pressures linked to Donald Trump's 50% duty implementation on Indian goods, India's $2.8 billion social media services sector remains insulated from disruption. According to Shubham Agrawal of Taptwice Media, the industry's reliance on f
Stressing that negotiations are underway with the United States over 50 per cent tariff on Indian goods, Union Minister of Commerce and Industry Piyush Goyal said that there is no need to "panic" as India and US will come to an equitable, balanced and fair agreement.
The remarks by P Kumaran, Secretary (East), on Thursday came during the special briefing on the visit of Singaporean Prime Minister Lawrence Wong to India, where media queries were raised on whether the Trump tariffs are a concern for India and Singapore.