In a major blow to Trump's signature trade policy, the US Supreme Court on Friday ruled against most of his sweeping tariff measures. Trump later signed an order making 10 per cent global tariff on all countries, effective "almost immediately".
Consumer staple companies are expected to witness a gradual improvement in demand from the fourth quarter of FY26, supported by stabilising trade conditions after the GST reduction and multiple measures taken by the government, highlighted a report by Motilal Oswal.
As the Reserve Bank of India's Monetary Policy Committee (MPC) prepares to announce its policy decision this week, the industry and economists remain divided on what the central bank will do.
India is hopeful of signing the first tranche of the India-US Bilateral Trade Agreement within the current calendar year, Commerce Secretary Rajesh Agarwal optimistically said on Friday. Talking at FICCI AGM, he indicated that talks have progressed substantially despite recent shifts in g
It also urged European Union to swiftly reassess Pakistan's qualification for the GSP+ trade scheme, which offers favourable trade conditions based on compliance with international human rights standards.
India's trade performance in May 2025 has shown strength and stability, even in the face of uncertain global conditions, according to views shared by industry experts and economists.