Congress leader Salman Khurshid on Wednesday said the recent fall of the Indian rupee, which breached the 90 mark against the US dollar, reflects the impact of US sanctions and tariffs.
According to assessments by Crisil, ICICI Bank Research and Emkay Global, the merchandise deficit expanded as gold imports surged nearly 150% quarter-on-quarter, touching USD 19 billion in Q2, while goods exports declined on a sequential basis following the rollout of higher US tariffs on In
Kremlin spokesman Dmitry Peskov said Russia understands US pressure on India over Russian oil but will not interfere in India-US ties. The statement comes ahead of President Vladimir Putin's 2025 India visit, where defence, energy, trade, and the Russia-Ukraine conflict are expected to be
The Reserve Bank of India (RBI) is expected to maintain the repo rate at 5.50 per cent in its upcoming monetary policy announcement on Friday, according to a report by Bank of Baroda.
As India prepares to welcome Russian President Vladimir Putin, former Indian Ambassador to Russia Ajai Malhotra has said that the Russian leader's India visit is a reaffirmation of a "long-standing, deep-rooted and multifaceted partnership" at a time of shifting geopolitical currents and
The WTO report, released earlier this week, according to GTRI, pointed to a marked cooling in global merchandise trade after the tariff-driven surge earlier in the year.
Primarily driven by a sharp fall in shipments to the US and a high base effect, India's engineering goods exports declined a whopping 16.71 per cent year-on-year in October 2025 to USD 9.37 billion, the Engineering Export Promotion Council of India said on Saturday.
India's exports to its largest export market, the United States, have suffered a sharp reversal under the impact of aggressive tariff hikes. Between May and October 2025, shipments fell 28.5 per cent, plunging from USD 8.83 billion to USD 6.31 billion, according to trade-focused think-tank G
The Indian rupee vis-a-vis the US dollar is currently trading in a tight range, under pressure from a mix of domestic strength and external challenges, including US tariffs and persistent capital outflows.
India is hopeful of signing the first tranche of the India-US Bilateral Trade Agreement within the current calendar year, Commerce Secretary Rajesh Agarwal optimistically said on Friday. Talking at FICCI AGM, he indicated that talks have progressed substantially despite recent shifts in g