The Reserve Bank of India (RBI), after delivering a 25 basis-point policy rate cut in December, is expected to keep the option open for further monetary easing if global headwinds severely weigh on India's growth outlook, highlighted a report by CareEdge Ratings.
US President Donald Trump defended his tariff strategy and said he has other ways to impose duties if the Supreme Court restricts his authority. Officials are preparing backup legal options, warning that striking down current tariffs could force the government to repay large sums to busin
US President Donald Trump defended his tariff strategy, saying it is faster, more direct and necessary for national security. He claimed to have "settled 8 wars in 10 months" and argued that foreign countries have not challenged his authority to impose tariffs.
The crisis has been driven by an unprecedented combination of excessive taxation, soaring electricity tariffs, and a flood of under-invoiced yarn and fabric imports, particularly from China and other regional markets, as reported by Dawn.
Kabul residents say coal prices are too high despite Afghanistan's coal reserves. Locals told Tolo News they are struggling financially, while sellers blame tariffs and transport issues. Prices have jumped to 12,000 Afghanis per tonne, though a winter distribution plan aims to offer coal at
Minister of Finance and Corporate Affairs Nirmala Sitharaman said on Saturday that a complete overhaul of the customs system would be her next major assignment as part of broader efforts to reform the economy.
External Affairs Minister S Jaishankar on Saturday firmly rejected suggestions that Russian President Vladimir Putin's recent two-day state visit to India would complicate the ongoing India-US trade negotiations, asserting that no country can expect to dictate New Delhi's relations with o
Former Pentagon official Michael Rubin said that Russian President Vladimir Putin's visit to India is seen as US President Trump's "gross incompetence" by the majority of the US people, who dislike Trump, which he claimed is around 65 per cent according to recent polls.
The Federation of Indian Export Organisations (FIEO) has welcomed the Joint Statement issued following the 23rd India-Russia Annual Summit, describing it as a major step forward in strengthening trade, economic, technological, and connectivity partnerships between the two nations.
Russian President Vladimir Putin said that growing cooperation between India and Russia is not targeted at any third country, including the United States, while addressing questions on the future of bilateral ties and Washington's reactions to them.
West Asia strategist Waiel Awwad on Thursday stated that if Prime Minister Narendra Modi's consistent message of ending the Russia-Ukraine war resonates strongly with President Putin during his upcoming state visit, it could see a reduction in mounting US tensions with New Delhi over energy
"If something is heavy it will fall. Our rupee has strength & weight. That's why it's falling," Moitra posted on X, along with a graphic of PM Modi looking down at the falling rate of the rupee.