Amid ongoing talks with the United States over a trade deal, retired US Army Colonel and defence expert Douglas MacGregor stated on Saturday that India will not always agree with Washington, as no nation would "move beyond the limits of its own interests."
The continued fall of the Indian Rupee against the US Dollar is mainly driven by persistent capital outflows, with upcoming developments such as the Union Budget and news related to US tariffs emerging as key factors to watch, currency experts said as the Rupee slipped close to the 92 lev
Tamil Nadu Chief Minister MK Stalin on Thursday announced a 20 per cent capital subsidy for the purchase of advanced textile and garment machinery, as part of the Tamil Nadu Government's efforts to further strengthen the textile sector.
US Treasury Secretary Scott Bessent accused Europe of indirectly funding Russia's war by importing fuel linked to Russian oil, even as it backs Ukraine. His remarks came as India and the EU finalised a major trade deal amid rising global trade tensions.
US Treasury Secretary Scott Bessent criticised Europe for prioritising a trade deal with India over Ukraine, accusing the EU of indirectly funding Russia's war through energy trade. He said the US has made bigger sacrifices and warned that Europe put commerce ahead of Ukrainian lives.
The Indian textile and apparel industry has approached the government with a comprehensive set of policy recommendations to counter the severe economic headwinds caused by steep U.S. tariffs, post the second round of a survey conducted by the Confederation of Indian Textile Industry (CITI) i
After a volatile yet resilient 2025, the outlook for the coming year is marked by a tension between rising trade barriers and the emergence of new bridges. US tariff policy remains a central source of uncertainty, particularly with sector-specific duties under Section 232 expected to stay
Canadian Prime Minister Mark Carney rejected claims he softened his Davos remarks after speaking with US President Donald Trump, reaffirming his stance on global trade and middle-power cooperation while addressing tariff tensions, China trade, and upcoming talks with India.
US Treasury Secretary Scott Bessent accused Europe of indirectly funding the Russia-Ukraine war by buying Indian-refined fuel made from Russian oil, defended US tariffs on India, and said Indian crude purchases have dropped, suggesting a possible path to easing tariffs.
Bessent told Politico that Indian refinery purchases of Russian oil have "collapsed" due to US tariffs, hinting that, while tariffs remain in place, a diplomatic "path" exists to remove them, provided India shifts its energy sourcing and asserted that these trade measures provide tangible
"50 per cent US tariffs and uncertainty are badly hurting India's textile exporters. Job losses, factory shutdowns and reduced orders are a reality of our 'Dead Economy'. Mr Modi has offered no relief or even spoken about tariffs, even though more than 4.5 crore jobs and lakhs of business