The Indian telecom sector appears to be entering a phase of stagnation, with global investment bank UBS issuing a cautious outlook ahead, going into the sector's Q1FY26 results.
By Thursday, hardly any cargo ships were headed to the US from the once-bustling ports of Shanghai and Guangdong, while export factories in provinces vital to China's export economy have largely come to a standstill, according to sources within the country, as highlighted by RFA.
Chinese export hubs like Shanghai and Guangdong are experiencing early disruptions as the US-China tariff war escalates. With shipping halted and factories at a standstill, tensions have intensified following sharp reciprocal tariff hikes announced by both governments this week.
US President Donald Trump on Wednesday (local time) defended his decision to raise tariffs on China to 125 per cent, stating, "somebody had to do it." The President, during his meeting with Roger Penske's NASCAR, INDY, and IMSA Champions at the White House, emphasised that no other US lea
Speaking after the All India Congress Committee (AICC) session in Gujarat, Congress MP Gurjeet Singh Aujla accused the government of ignoring pressing economic issues while pushing legislation like the Waqf Amendment Bill.
US President Donald Trump on Sunday warned of new and significantly higher tariffs on Chinese goods if Beijing does not withdraw a recent 34 per cent retaliatory tariff hike, threatening to end all ongoing talks with China.
In response to the US' decision to impose a 34 per cent tariff on imports from China, the country strongly criticised the move, calling it a violation of World Trade Organization (WTO) rules and a threat to the multilateral trading system.
Congress top brass and the Leader of Opposition in the Lok Sabha, Rahul Gandhi, launched a sharp critique of the Union Government's foreign policy, spotlighting China's occupation of Indian territory and the recent US tariff hike.
The regular tariff hike by the telecom operators in the country will continue in future as the companies plan to increase Average Revenue Per User, says a report by Centrum Institutional Research.
In fulfilment of a key election promise, APERC passed a tariff order stating that retail electricity tariffs remain unchanged in the next financial year 2025-26, the commission said in its order.
The demand outlook remains strong for the Indian textile sector because of the normalizing channel inventories at the global retailer level, likely tariff hike by US on China, rising labour costs in Vietnam, and ongoing political instability in Bangladesh.