India's direct export loss due to tariffs imposed by US President Donald Trump is expected to remain limited at only 0.1 per cent of the country's GDP, according to a report by CareEdge Ratings.
In a dramatic shift in Canada's foreign policy, Prime Minister Mark Carney on Thursday declared that the long-standing economic and security relationship between Canada and the United States has ended, responding to US President Donald Trump's announcement of new auto tariffs that could seve
In a significant policy announcement from the Oval Office, President Trump has declared a 25 per cent tariff on all imported vehicles entering the United States, a move he described as "very exciting" for domestic manufacturing.
"And because India does apply tariff lines to a number of American exports to India, if you strictly understand what reciprocal means, it would mean that our exports to America will also be affected. So I'm hoping that in the talks they'll find some sensible outcome" he said
The auto component industry in the country is facing export challenges due to the ongoing overhang of tariffs by the USA. In addition, currency depreciation has led to demand weakness in a few Middle Eastern countries and a major slowdown in the European region, says a report by DAM Capital
India's economy is expected to show resilience despite trade tensions arising from US President Donald Trump's tariff threats, according to a report by S&P Global.
US President Donald Trump, alongside the Governor of Louisiana, announced on Monday that Hyundai will be investing USD 5.8 billion in American manufacturing, including the construction of a steel plant in Louisiana that will produce over 2.7 million metric tons of steel annually and creat
Trump said that the US would impose 25 per cent tariffs on a nation that purchases oil or gas from Venezuela, adding that the tariff would take place on April 2.
The Indian stock markets extended their strong rally into the second consecutive week, buoyed by strong foreign inflows and a recovery in domestic economic indicators.
A reduction in electricity tariffs, as promised by the government of Pakistan, could not get past the International Monetary Fund (IMF), which is presently holding back a staff-level agreement (SLA) on the first biannual review of the USD 7 billion Extended Fund Facility (EFF), according to
The rising income levels and ever-increasing rural consumption in India are key factors shaping the paint industry's growth, pointed out Kuldip Raina, Director of Shalimar Paints.