Senior Congress leader and MP Shashi Tharoor on Sunday raised concerns over the Union Budget 2026, pointing to a sharp drop in funding for the Chabahar port as a sign of India's shifting strategic priorities under international pressure.
Private investment in India is expected to see a pickup as and when the ongoing uncertainty over US trade policies recedes, opined Aditi Gupta, an economist at Bank of Baroda.
The White House on Tuesday (local time) announced the imposition of a 104 per cent tariff on China starting Wednesday, marking a significant escalation amid the tariff tension which caused major turmoil in the global markets.
As global markets react to uncertainty surrounding tariffs and economic policies under the Trump administration, India's financial system is feeling indirect effects, particularly through currency fluctuations and liquidity conditions.
Wang questioned the confidence of the United States as a major country, stating, "If it gets jittery whenever it hears the word China, where is its confidence as a major country?"