Mexico has long attracted global automakers with low labour costs and tariff-free access to the US market under the US-Mexico-Canada Agreement (USMCA). General Motors Co, Ford Motor Co, and Chrysler Corp were Mexico's top three producers in 2024, with more than 90 per cent of their output ex
The weakness in the Indian rupee continued on Tuesday, with the currency touching a record low of 88.67 per U.S. dollar at the time of filing this report. The pressure on the rupee came amid concerns over U.S tariffs and jitters surrounding H1B visa rules.
The HSBC composite Purchasing Managers' Index (PMI) output for India declined in September to 61.9, down from August's multi-year high of 63.2, according to the latest PMI report released by HSBC.
Speaking to ANI, Tharoor acknowledged the mounting tensions with the US post-tariff imposition, but explained that it had "nothing to do with India" since Trump's focus remains to push for manufacturing in his country, instead of only relying on imports.
"No, I would not say it is a point of no return. Because I do believe the longer term interest of both countries will eventually bring us back on even keel. It is certainly a very sharp setback in the short term. It is costing us. It is costing jobs in India, losses in India. For India it
This meeting marks their first face-to-face interaction since trade tensions escalated after US President Donald Trump imposed tariffs on Indian goods over India's purchase of Russian oil.
Brazil's Ambassador to India, Kenneth Felix Haczynski da Nobrega, said both countries must work "even more closely together" to counter challenges and create new avenues for growth.
India's exports to the United States are showing signs of further decline as September marks the first full month under 50 per cent tariffs on key products, according to a report by GTRI.
The meeting is part of a continuing effort to strengthen India-US ties, which had come under strain in recent months but have since shown signs of recovery.
Congress leader Jairam Ramesh on Sunday mocked Prime Minister Narendra Modi, and said, "His friend in Washington DC has stolen his thunder," after US President Donald Trump once again claimed credit for stopping Operation Sindoor by using increased trade with America as leverage.
He said, "It will definitely affect (the bilateral relations between India and the US). President Trump has implemented all restrictions on India. Despite this, Trump, in his daily speeches, kept saying that they have the best relationship with India and PM Modi... Is this pointing toward
The social media post reads, "'What's the harm in bowing to greet, But don't bow so low that your turban falls off.' Donald Trump may be Narendra Modi's friend, but he makes decisions against India's interests. When Indians were shackled, humiliated, and deported, Modi remained silent. Wh