India's exports to the United States fell for the third straight month in August, as steep tariff hikes by Washington continued to weigh on trade, according to a report by the Global Trade Research Initiative (GTRI).
An average tariff hike of 4.5 per cent coupled with a reduction in aggregate technical and commercial (AT&C) losses below 15 per cent is essential to eliminate the gap between the average cost of supply (ACS) and average revenue realisation (ARR) for power distribution companies (discoms), r
The imposition of a 50 per cent tariff hike by the United States (US) on the imports from India weighed on domestic financial conditions in August, with equity markets taking the biggest blow, according to a report by Crisil.
Israel Finance Ministry's Chief Economist Shmuel Abramzon expressed confidence that India and the US will resolve the 50% tariff issue. Calling India a "good negotiator," he said the two long-time partners share a strong future and will reach an agreement.
Tamil Nadu Chief Minister MK Stalin on Thursday reiterated his demands to the Centre for immediate relief and structural reforms to safeguard industries and workers as US tariff hike to 50% has hit Tamil Nadu's exports hard, especially Tiruppur's textile hub.
Raising questions at the government's economic policies, Khera stated that the demonetisation and Goods and Service Tax (GST) had destroyed the Micro, Small and Medium Enterprises (MSME) completely.
In the same letter, Mittal questioned, "What if 146 crore Indians initiate a strategic restriction of U.S. businesses?" The statement claimed that this remark has triggered a wider conversation, with several youth organisations and educational institutions considering similar measures.
The imposition of a 25 per cent tariff on the import of goods from India into the United States (US) will have a significant impact on the earnings of companies in sectors such as diamond polishing, shrimp, home textiles and carpets, said Crisil Ratings in a report.
Congress MP Karti Chidambaram on Thursday questioned the Prime Minister Narendra Modi-led government's claims of a "special relationship" with US President Donald Trump, saying that the recent hike in tariffs by US was proof that the diplomatic engagement had broken down.
Canada's Prime Minister Mark Carney criticised new U.S. tariffs on Canadian exports, calling them unfair and harmful. He reaffirmed Canada's commitment to CUSMA, vowed to protect Canadian industries, and promised stronger local investment and trade diversification while continuing efforts to
Reliance Jio has continued to drive the industry with new subscriber additions, adding 2.7 times more customers than its nearest competitor Airtel in June 2025, maintaining the highest market share at 41 per cent, latest data from the Telecom Regulatory Authority of India (TRAI) showed.
India is projected to maintain a steady 6-6.5 per cent year-on-year real GDP growth in FY26, supported by resilient domestic demand and potential relief from softer global crude oil prices, despite pressures from recent tariff hikes, according to a UBS report.