Meanwhile, former US Ambassador to the United Nations Nikki Haley has taken a dig at US President Donald Trump for his announcements about substantially hiking tariffs over oil imports from Russia, saying he had given "China a pass" and cautioned him against burning "a relationship with a
Commenting on the US' threats regarding India, Kremlin Spokesman Dmitry Peskov told journalists, "We believe that sovereign countries must have and do have the right to choose their trade partners, the partners in trade and economic cooperation, on their own and independently determine th
Hours after he mentioned raising tariff on India, US President Donald Trump on Tuesday said he would increase the tariff charged on imports from India from the current rate of 25% "very substantially" over the next 24 hours due to New Delhi's continued purchases of Russian oil, Reuters re
The Indian Rupee continued to weaken on Tuesday, 5th August, as it came under pressure due to continuous dollar demand from importers and persistent foreign institutional investor (FII) outflows
Indian auto component exporters are set to face a competitive disadvantage in the United States market following the imposition of a 25 per cent tariff on Indian goods by US President Donald Trump, says a recent report by rating agency ICRA.
Indian textile exporters says that exports loss because of U.S the imposition of 25 per cent tariffs by U.S. President Donald Trump will be compensated by gains in exports due to free trade agreements (FTAs) which India's has signed with other nations.
On US President Trump saying he will substantially raise tariffs on India over Russian oil purchases, Robinder Sachdev told ANI, "Coming to the fact that he (Donald Trump) is repeatedly mentioning and with increasing frequency about India and our purchases of Russian oil, this topic has c
Russia's Foreign Ministry Spokeswoman Maria Zakharova responded sharply to the sanctions and restrictions being imposed by Washington, which have impacted countries across the world. Calling it a "neocolonial agenda", she said that "politically motivated economic pressure" was being put o
The MEA described the criticism of India's trade policy as "unjustified and unreasonable," asserting that India will take necessary measures to safeguard its national interests and economic security.