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The European Union on Wednesday unveiled its strongest plan so far to pressurise Israel to end the war in Gaza, which has now dragged on for 23 months. EU foreign policy chief Kaja Kallas has called on the bloc’s 27 countries to raise tariffs on some Israeli goods and place sanctions on Israeli settlers, as…
India’s current account deficit (CAD) is expected to remain under control at around 1% of gross domestic product (GDP) in the current financial year, even as the economy faces pressure from steep US tariffs and global geopolitical uncertainties, according to a report by rating agency Crisil.Crisil said the deficit will stay “manageable” thanks to resilient…
NEW DELHI: Goods exports rose 6.7% to $35.1 billion in Aug – possibly due to exporters advancing shipments to beat higher US tariffs – while imports dropped 10% to $61.6 billion, helping narrow the trade deficit.“Despite global uncertainty, the trade policy uncertainty, India’s exports have done extremely well. It shows that the policies have worked…
India’s merchandise exports rose 6.7 per cent year-on-year to $35.1 billion in August, while imports fell 10.12 per cent to $61.59 billion, according to government data released on Monday.Exports were valued at $32.89 billion in the same month last year, while imports had stood at $68.53 billion, PTI reported.The country’s trade deficit narrowed to $26.49…
TOI correspondent from Washington: US President Donald Trump on Saturday said he is ready for major sanctions on Russia and China only when all Nato nations stop buying oil from Russia, conspicuously leaving out India from his new gambit amid indications that Washington and New Delhi are working towards a separate deal. In a “Truth…
