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
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's economic growth is expected to come in strong for the second quarter of the current financial year, with GDP likely to rise 7.5 per cent, according to a report by Union Bank of India.
India will launch formal negotiations for a Free Trade Agreement with the Russia-led Eurasian Economic Union starting today, Commerce and Industry Minister Piyush Goyal announced at a press conference in the capital on Tuesday.
Union Minister of Commerce and Industry, Piyush Goyal, held an interaction with key stakeholders from India's pharmaceutical ecosystem, focusing on strengthening industry growth and regulatory reforms.
White House Press Secretary Karoline Leavitt emphasised that President Donald Trump is committed to protecting American jobs while encouraging foreign investment in the United States.
The domestic chemical companies continue to face major risks due to the ongoing pressure from Chinese dumping and uncertainty around US tariffs, highlighted a recent report by Systematix Research.