Globally, gold prices edged up marginally 0.3 per cent in July at USD 3,299, when a stronger US dollar contributed to positive returns in all major currencies, according to World Gold Council.
India's crude oil import bill could increase by USD 9 billion to USD 12 billion, if the country stops buying Russian crude oil, according to a report by the State Bank of India (SBI).
"I don't buy this for a minute that tariffs have been imposed on us because we trade with Russia. There is a far more sinister reason for this, and I believe that the Pakistan Army, through its commercial corporations, has a very strong commercial relationship, perhaps with the Trump admi
Congress leader Jairam Ramesh took a swipe at Prime Minister Narendra Modi for attempting to portray himself as a champion of Indian farmers, after being "hurt and subdued" by recent criticism from US President Donald Trump.
India's strong domestic demand and the robust performance of its services sector will help cushion the economic impact of steep new US tariffs imposed as a penalty for continued imports of Russian crude oil, according to a report by Moody's Ratings.
The recent move by the U.S. President to raise tariffs on Indian goods to 50 per cent, on top of the existing Most Favoured Nation (MFN) import duties, is set to hit several Indian export sectors hard, according to a report by the Global Trade Research Initiative (GTRI).
"Prime Minister Modi has been claiming a special relationship with President Trump. That now stands totally exposed. Since Jan 2025, the US does not have a regular Ambassador in New Delhi nor has it named anyone yet for confirmation by the US Senate - unlike for other key countries like C
an interim observer team comprising defence attaches from ASEAN countries, led by a Malaysian attache, will be assigned on both sides of the Thai-Cambodian border to monitor the ceasefire agreement on July 28.
If the recently announced US tariffs on Indian goods persist for a longer period, the impact on India's economic growth could be between 0.4 per cent and 0.8 per cent, Morgan Stanley has said in a report.
Indian leather exporters are facing serious challenges after the United States imposed steep tariffs on Indian goods, hitting an industry that depends on exports for 80 per cent of its business.
On being asked whether China and other BRICS nations are trying to take the lead in organising a push against US trade measures, the US State Department said the dialogue with India "will continue".