The report titled "When the dollar turns on itself" states that while gold gained on the international market, local prices in India fell because the Indian rupee became much stronger after a trade agreement with the US.
According to Prasoon Sharma, Pentland-Churchill Fellow, New York University & University College London, the Turnberry framework is effectively creating a two-tier transatlantic trade environment India sees an opportunity to become the primary alternative growth market for European fi
Union Commerce and Industry Minister Piyush Goyal on Friday said India is in a wait-and-watch mode following the U.S. Supreme Court ruling on U.S. tariffs, describing the situation as "evolving" and asserting that the government remains committed to protecting the country's interests.
India occupies a relative middle ground following the latest tariff developments by the United States, but any uniform tariff hike under Section 122 could increase its tariff exposure and erode some of the advantages gained through earlier negotiations, according to a report by Union Bank of
Leader of Opposition in Lok Sabha, Rahul Gandhi, on Tuesday trained guns at Prime Minister Narendra Modi over the India-United States trade deal framework, calling him "compromised" and alleging pressure on the PM.
The ruling of the US Supreme Court striking down tariffs imposed by US President Donald Trump under the International Emergency and Economic Powers Act (IEEPA) is likely to create winners and losers among global economies, with India, China, and Brazil emerging as beneficiaries, while the Eu
Kumaran, while speaking at the Special Briefing by MEA on State visit of President of Brazil to India, said that it was a rather new development and both sides needed to study about it.
"It's good for India that tariffs get reduced. And it, of course, is for all over the world. But we have an advantage because we have the raw materials itself, we can give big delivery and good quality. It is advantageous for India. Even with the Supreme Court order, we are benefited," Dr Sa
India remains in a strong position despite recent changes to the US tariff regime, according to Chandrima Chatterjee, Secretary General of the Confederation of Indian Textile Industry (CITI).
Speaking to reporters here on Saturday, Joshi said, "I have read in the media that the US top court has given some judgment and the Indian government will study that, and whatever the reaction needs to be given, that will be given by the Commerce Ministry and MEA, not by me."
He alleged that despite this knowledge, the Indian government moved hastily. "What forced or compelled Narendra Modi to suddenly, on the 2nd of February, call up Donald Trump and accept all his conditions, including the fact that we will not buy cheap oil from Russia? That in itself is a
In a post on X, Kharge asked why the Centre did not wait for the US court's verdict before rushing into an interim trade deal, which he called a "trap deal." He criticised the deal's Joint Statement for including zero tariffs on several American exports, effectively opening India's agricu