Former Union Home Minister and senior Congress leader P Chidambaram on Thursday took a veiled dig at Prime Minister Narendra Modi and said that the 25 per cent tariff on all Indian exports to the United States and penalty for buying Russian oil is a "big blow" to India's trade with the US
Amid the new 25 per cent tariff from the US, economists believe the Reserve Bank of India (RBI) is likely to keep the key interest rate unchanged at 5.5 per cent in its upcoming Monetary Policy Committee (MPC) meeting scheduled from August 5 to 7.
Trump further warned that Deputy Chair of the Security Council of Russia and former Russian President Dmitry Medvedev should watch his words and not enter the dangerous territory.
The Indian pharmaceutical industry has hit back strongly at the recent tariff announcement by U.S. President Donald Trump, calling it a move that could hurt the American healthcare system more than India's economy.
Indian stock markets opened sharply lower on Thursday, witnessing a major sell-off after US President Donald Trump announced a 25 per cent tariff on Indian goods, along with penalties on purchases of Russian crude and defence equipment.
"Prime Minister Modi once spoke of the TOP (Tomato, Onion, Potato) challenge in prices. Now India has to contend with the political challenge arising out of CAP (China, America, Pakistan). He invested very heavily in his personal friendship with President Trump, as he had done earlier with P
After announcing a 25 per cent tariff and penalties for purchasing Russian oil, he emphasised that India is one of the countries imposing high tariffs on the US.
On a year-on-year basis, MSMEs across all sectors said they had seen sales growth. Around 60 per cent of the participants expect further growth in sales in the same quarter a year ahead.
In response to ANI, if the US remains open to negotiating with India on the tariff front, Trump stated, "We're talking to them now. We'll see what happens.
Reacting to US President Donald Trump's announcement of a 25 per cent tariff on Indian goods, Bharatiya Janata Party (BJP) leader and Member of Parliament Sanjay Jaiswal drew a parallel with the sanctions imposed by the United States following India's 1998 nuclear tests under then Prime M
The 25 per cent tariff and additional penalties imposed by US President Donald Trump on India should be viewed as a temporary negotiating tool rather than a permanent shift in trade relations, according to Gaurav Sansanwal, Fellow for the Chair on India and Emerging Asia Economics at the
The Modi government came under sharp criticism from the opposition on Wednesday following US President Donald Trump's announcement of a 25 per cent tariff on Indian goods. Congress MP Imran Pratapgarhi termed the development a major diplomatic setback and called on the Centre to clarify t