Persistent tariff pressure and continued selling by foreign portfolio investors (FPIs) dented investor sentiment on Friday, with both benchmark indices opening lower.
If the recently announced US tariffs on Indian goods persist for a longer period, the impact on India's economic growth could be between 0.4 per cent and 0.8 per cent, Morgan Stanley has said in a report.
Indian leather exporters are facing serious challenges after the United States imposed steep tariffs on Indian goods, hitting an industry that depends on exports for 80 per cent of its business.
On being asked whether China and other BRICS nations are trying to take the lead in organising a push against US trade measures, the US State Department said the dialogue with India "will continue".
When pressed by ANI at the Oval Office,whether he expected talks to resume in light of the new 50% tariff. "No, not until we get it resolved," he replied.
Prime Minister Narendra Modi received a telephone call from Brazil, Luiz Inacio Lula da Silva, on Thursday, with the two leaders exchanging views on various regional and global issues of mutual interest and reiterating their commitment to take the Strategic Partnership to new heights
India's fishing community on Thursday welcomed Prime Minister Narendra Modi's assurance that the government will not compromise on the interests of farmers, fishermen, and dairy farmers, calling him a "true guardian" of the country.
Harsha Vardhan Agarwal, President of industry body FICCI, on Thursday emphasised the need to advance transformative reforms at both the central and state levels, stating that the time is ripe to simplify doing business, attract greater investments, and fully harness the vast potential that I
With the US set to impose an additional 25 percent tariff on Indian gold jewellery exports from August 27--on top of the 25 per cent already in effect--industry leaders have expressed deep concern over the mounting pressure on the sector.
"Whether it's about Kisan Samman Nidhi, increasing MSP, passing the Krishi budget, or promoting generic and organic farming, everything is being done. PM Modi has a dream that farmers' income should be doubled. In the last 11 years, whatever work PM Modi has done for farmers is incomparab
South Korea narrowly avoided steep U.S. tariffs on Thursday after sealing a high-stakes trade deal with Washington, capping new import duties at 15 per cent, instead of the 25 per cent originally set to take effect from Friday.