Meanwhile, former US Ambassador to the United Nations Nikki Haley has taken a dig at US President Donald Trump for his announcements about substantially hiking tariffs over oil imports from Russia, saying he had given "China a pass" and cautioned him against burning "a relationship with a
Haley said in a post on X that China is an adversary of the United States and "number one buyer of Russian and Iranian oil," has been given a 90-day tariff pause by the Trump Administration.
Commenting on the US' threats regarding India, Kremlin Spokesman Dmitry Peskov told journalists, "We believe that sovereign countries must have and do have the right to choose their trade partners, the partners in trade and economic cooperation, on their own and independently determine th
Hours after he mentioned raising tariff on India, US President Donald Trump on Tuesday said he would increase the tariff charged on imports from India from the current rate of 25% "very substantially" over the next 24 hours due to New Delhi's continued purchases of Russian oil, Reuters re
At the closing of the trading in the stock markets today, the BSE Sensex was at 80,710.25, slipping over 308 points or 0.38 per cent, while the Nifty 50 at National Stock Exchange (NSE) was down 73.20 points or 0.30 per cent at 24,649.55.
The Indian Rupee continued to weaken on Tuesday, 5th August, as it came under pressure due to continuous dollar demand from importers and persistent foreign institutional investor (FII) outflows
Indian auto component exporters are set to face a competitive disadvantage in the United States market following the imposition of a 25 per cent tariff on Indian goods by US President Donald Trump, says a recent report by rating agency ICRA.
Congress MP Manish Tewari on Tuesday urged the Centre to reply to U.S. President Donald Trump's "tariff threats" in a manner that indicates and demonstrates a steadfast national resolve.
Following US President Donald Trump's tariff threat to India, Shiv Sena (UBT) MP Sanjay Raut on Tuesday said no Russian or American leader has ever spoken to India in such a manner before.
Indian textile exporters says that exports loss because of U.S the imposition of 25 per cent tariffs by U.S. President Donald Trump will be compensated by gains in exports due to free trade agreements (FTAs) which India's has signed with other nations.