Almost 70% of Indian goods exports to the US, or around $60.85 billion, are now facing a 50% tariff imposed by the US.An analysis by the Indian Council for Research on International Economic Relations (ICRIER) shows that the figures are just 1.56% of India’s GDP and 7.38% of its total exports and pose no catastrophe…
Nifty 50 could fluctuate between 11 per cent below and 4 per cent above its year-end target of 25,000 as markets face a host of uncertainties, according to a report by BofA Securities.As per news agency ANI, the brokerage said that possible US trade tariffs on Indian goods, a shaky US economic outlook, delays in…
Travellers wait in line for the next available agent at the Air Canada counter in Montreal-Pierre Elliott Trudeau International Airport in Dorval, Quebec. (Picture credit: AP) Air Canada has suspended all operations after more than 10,000 of its flight attendants walked off the job early Saturday, plunging peak summer travel into chaos and leaving passengers…
Democrats rip into Trump’s tariff move (Picture credit: AP) Democrats on the US House Foreign Affairs Committee have sharply criticised the Trump administration’s warning of higher tariffs on India if talks with Russian President Vladimir Putin fail to produce results.Responding on social media platform X to comments by US treasury secretary Scott Bessent, the Committee…
File photo: PM EAC member Sanjeev Sanyal (Picture credit: ANI) India’s sovereign credit upgrade from S&P Global Ratings was “much required” but still leaves the country rated below its true economic strength, Economic Advisory Council to the Prime Minister (EAC-PM) member Sanjeev Sanyal said.Reacting to S&P’s move to lift India’s rating from ‘BBB-’ to ‘BBB’,…
“It is highly regrettable that the US has chosen to impose additional tariffs on India for actions that many other countries are also undertaking,” India has said. (AI image) US President Donald Trump believes that his 25% additional tariffs on India for its Russian crude trade made Russia lose a major oil client. Ahead of…
BENGALURU: Vyome Holdings, created through the merger of biotech startup Vyome Therapeutics and Nasdaq-listed ReShape Lifesciences, began trading on Friday under the ticker ‘Hind’, with Vyome shareholders holding a controlling 91.6% stake in the combined company. The debut coincided with India’s 79th Independence Day. Source link
Trump and Putin met in Alaska US President Donald Trump said he may consider imposing tariffs on countries purchasing Russian oil “in two or three weeks,” though not immediately, following his meeting with Russian President Vladimir Putin in Alaska.“When you talked before coming here about the consequences for Vladimir Putin being severe, I found that…
Marking the 79th Independence Day, Prime Minister Narendra Modi called on India’s scientific and engineering talent to take the lead in designing and building jet engines for the country’s own fighter aircraft, a move he said was vital for true defence self-reliance.Speaking from the Red Fort, PM Modi linked the appeal to his government’s Atmanirbhar…
Rice prices in India have jumped by up to 14% in just two days as traders rush to export to Bangladesh following its decision to allow duty-free import of 500,000 tonnes of the staple. The move has caused a temporary disruption in domestic supply, pushing up retail prices across key varieties, reported ET.According to traders…