The exports of the labour intensive sectors in the country brace for a collapse of up to 70 per cent as US tariffs set to take effect, according to a report by the Global Trade Research Initiative (GTRI).
"First of all, we have clearly stated that our objective is energy security of 1.4 billion people of India and India's cooperation with Russia...So the US decision is unfair, unreasonable and unjustified. Now government will continue taking measures which will protect the national interes
The minister also argued that the tariff issue was being wrongly presented as an "oil dispute." He noted that the same criticism levelled at India for purchasing Russian energy had not been applied to larger importers, such as China and European nations.
The growing adoption of Artificial Intelligence (AI) by corporates could play a key role in reducing the impact of tariffs imposed by the US and help companies navigate through these challenges, according to a report by HSBC.
Indian stock markets opened on a cautious note in negative territory on Friday as investors turned wary ahead of the implementation of impending US tariffs, alongside weak global cues and no progress in the Ukraine conflict.
The intended private capital expenditure (capex) for FY26 is significantly lower than the numbers of FY25, and may decline further amid the impact of US tariffs, according to a report by the State Bank of India (SBI).
Noting that United States has benefited greatly from free trade but now is using tariffs as a bargaining chip, Chinese Ambassador to India Xu Feihong has said his country is opposed to US decision to impose 50 per cent tariffs on Indian goods and said that "silence or compromise only embo
Mumbai (Maharashtra) [India], August 20: Dun & Bradstreet, a global leader in business decisioning data and analytics, has released its Economy Observer report for August 2025. Economy Observer is a monthly report sharing in-depth analysis of key macroeconomic developments in India and p
Micro, small and medium enterprises (MSMEs) in sectors such as textiles, diamonds and chemicals, which together account for nearly 45 per cent of India's total exports, are likely to be the most affected by the imposition of higher tariffs by the United States, according to a report by Crisi
Babushkin also hit out at Washington's tariff decision and pressure on New Delhi over Russian crude oil, saying the moves were "unjustified and unilateral."