Amid growing concerns over global tariff wars affecting international trade, Rasna, India's iconic beverage brand, has positioned itself as uniquely resilient to these challenges.
In a weekly media briefing, MEA spokesperson Randhir Jaiswal said that the two governments are actively working to build a framework for the Bilateral Trade Agreement (BTA), which will be a multisector agreement beneficial to both nations.
As global markets react to uncertainty surrounding tariffs and economic policies under the Trump administration, India's financial system is feeling indirect effects, particularly through currency fluctuations and liquidity conditions.
The Trump administration is preparing to impose sweeping new tariffs on imports worth trillions, with an April 2 deadline dubbed "Liberation Day." The move, aimed at forcing companies to manufacture in the US, has sparked economic concerns and market volatility.
"Tariffs, sanctions, I think, whether we would like it or not they are a reality, countries use them. In fact, if one looks at the last decade, I would say we have seen a much greater weaponization of pretty much any kind of capability or any kind of economic activity. It could be financi
President Donald Trump's reciprocal tariffs have started a global trade war and it will reduce not only the growth of the United States (US) and the world but also push up inflation and delay Federal Reserve rate cuts in US according to a report by Fitch Ratings.
Dhruva Jaishankar said on Monday that priorities for US President Donald Trump have been Canada, China, Mexico, European Union to some extent and noted that India has been a little exempt.
Polish Secretary of State Wladyslaw Teofil Bartoszewski emphasised the global significance of the Raisina Dialogue, key geopolitical issues, and India-Poland ties. He also addressed Poland's role in securing Starlink for Ukraine.
India runs a marginal trade deficit with the USD 13 million in aluminium goods, and USD 406 million in steel goods. While India doesn't figure among top 10 importers of steel products, accounting for just 1 per cent of imports to the US, it is among the top 10 in aluminium imports. However,
Commerce Minister Piyush Goyal had a "forward looking" discussion with US Trade Representative Jamieson Greer on a mutually beneficial bilateral trade agreement.
China's exports are struggling as US tariffs intensify, with business leaders and economists warning of significant economic consequences. Many companies have shifted production to other countries, while business confidence remains low.