"Tariff is terrorism, it is very deadly. After World War 2 if World War 3 is there then it is this economic war. In this, atleast the poor countries, developing countries should be taken care of. The people in power have been so samrajyawadi (imperialist) and vistarwadi (expansionist), ha
US President Donald Trump on Thursday said that Washington has reached a landmark one-year trade pact with China, slashing US tariffs on Chinese imports from 57 per cent to 47 per cent, moments after his much-anticipated meeting with his Chinese counterpart Xi Jinping on the sidelines of
Despite tariff challenges imposed by the United States, India's micro, small and medium enterprises (MSME) sector demonstrated resilience in the July-September quarter, according to the latest MSME Outlook Survey released by the Small Industries Development Bank of India (SIDBI).
Despite United States imposing higher tariffs on India in August, the Indian economy gained momentum in the second quarter (July-September) of the current financial year, according to the Department of Economic Affairs' (DEA), finance ministry's monthly economic review.
The International Monetary Fund (IMF) has predicted that India will continue to be one of the fastest-growing 'emerging market and developing economies' in 2025-26, growing at a rate of 6.6%, according to the World Economic Outlook (WEO) report.
Faced with US tariffs, India's leather and allied products industry are expected to see revenue decline 10-12 per cent this current fiscal, according to Crisil Ratings.
Union Commerce and Industry Minister Piyush Goyal on Saturday expressed confidence that India will see positive growth in exports this fiscal despite the uncertainties in global trade.
The domestic current account deficit (CAD) is expected to remain largely in check at around 1.2-1.5 per cent of the GDP in FY26, according to a report by Bank of Baroda.
Alckmin responding to ANI's question on the positioning of India and Brazil as alternative markets for each other amid tariffs by the US, said that both the countries are democracies, and they are not competitors.
Reserve Bank of India (RBI) Governor Sanjay Malhotra said that fiscal consolidation and strong coordination between monetary and fiscal policies have played a key role in helping India manage inflation while supporting economic growth during challenging times marked by tariffs and global unc