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
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.
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
"We have no friends left, even our neighbours are not our friends. What we have tried to do is to show that we are stronger than they are, rather than thinking that all of us have to be together. That's why Indira Gandhi created SAARC, which aimed to bring all nations closer to us. It was me
Export of Indian natural polished diamonds to the US - contributing 35 per cent of total exports in fiscal 2025 - is set to face further headwinds following the tariffs and penalty announced by the US, said Crisil Ratings officials.
Indian shrimp exporters will face a new, unprecedented challenge in US markets after the imposition of reciprocal tariffs on India, said Rahul Guha, Senior Director at Crisil Ratings.
The United States has imposed a 20 per cent tariff rate on goods from Taiwan, which is considered "temporary" by Taiwanese President William Lai, who expects further negotiations to secure a lower rate.