Speaking to ANI, Sima stated that the current demonstrations have reached a critical stage where the Iranian people require more than symbolic monitoring or diplomatic statements. He emphasized that the scale of the movement necessitates a more active international role, advocating for the i
Domestic stock markets opened in the red on Wednesday, extending selling pressure from the previous trading session amid continued concerns over new 25 per cent US tariffs on countries engaged in trade with Iran amid rising geopolitical tensions in the country.
United States President Donald Trump on Tuesday (local time) said his administration's tariff policy is the cornerstone of what he described as the "strongest and fastest economic turnaround" in the country's history, asserting that it brought hundreds of billions of dollars pouring into
For India, Iran does not even figure in the top 50 global trading partners. Last year, India's trade with Iran was USD 1.6 billion, approximately 0.15 per cent of India's total trade, government sources said.
Speaking to ANI, Ajai Sahai, CEO & DG of the Federation of Indian Export Organisations (FIEO), said he is not unduly concerned about the statement, as Indian industry and banks deal only with Iran on goods that fall outside the scope of US OFAC sanctions.
The Cabinet was tight-lipped Tuesday on a report saying that the United States had agreed to lower tariffs on goods it imports from Taiwan in exchange for Taiwan Semiconductor Manufacturing Co. (TSMC) building more chip foundries in the U.S, Focus Taiwan reported.
With Canadian Prime Minister Mark Carney stating that Ottawa, in order to diversify its global trade landscape, will be doubling their non-US exports by the next decade, Indian High Commissioner to Canada Dinesh Patnaik said that the Canadian PM is set to visit India in the coming weeks f
"With the proposed tariff of around 500%, doing business with the US is out of the question right now. It will very badly affect exporters in textiles, engineering goods, pharmaceuticals, toys, and gems and jewellery," Mehta told ANI in an exclusive interview in the national capital. He d
India's textile and apparel exports face significant strain due to United States tariffs, with approximately 30 per cent of the sector's trade currently in doubt.
Selling pressure continued to hang over domestic equity markets in the opening session on Friday as benchmark indices opened in the red, weighed down by persistent 500 per cent US tariff threats on countries importing Russian crude and record foreign portfolio investor (FPI) outflows.
Global economic output is forecast to grow by 2.7 per cent in 2026, slightly below the 2.8 per cent estimated for 2025 and well below the pre-pandemic average of 3.2 per cent, according to the World Economic Situation and Prospects 2026, released by the United Nations on Thursday.