Latest News, Updates & Breaking Headlines
Recent geopolitical tensions and Trump tariffs on India highlight the need for India to step up focus on its energy security. (AI image) Oil is called black gold – and for a reason – it’s the fuel that drives economic growth and oil security is increasingly becoming crucial in a world fraught with geopolitical uncertainties…
As Indian garment makers switch on machines for the next US fall-winter cycle, the industry is bracing for another potential shock, with the threat of a 500% tariff clouding export prospects and factory utilisation.Exporters say buyer sentiment has shifted sharply in recent weeks. “Buyers who were earlier considering shifting some orders to India no longer…
NEW DELHI: US Ambassador to India Sergio Gor arrived India on Friday, saying there are “incredible opportunities” ahead for the two countries. In a post on X, Gor wrote, “Great to be back in India! Incredible opportunities ahead for our two nations!”His arrival follows US President Donald Trump’s approval on Thursday of a bill that…
India on Friday said it is closely monitoring developments around a proposed US legislation that seeks to impose steep tariffs of up to 500% on countries procuring Russian crude oil, amid growing pressure from Washington, PTI reported.“We are aware of the proposed bill. We are closely following the developments,” External Affairs Ministry spokesperson Randhir Jaiswal…
Asian markets climbed on Friday, as traders prepared for key US jobs figures and a potential Supreme Court decision on former President Donald Trump’s global tariffs.Japan’s Nikkei gained over 641 points or 1.26% to 51,758 around 9:45 AM IST. Kospi also traded in green, rising 28 points to reach 4,580. Shenzhen and Shanghai also managed…
The ongoing Supreme Court trial on US President Donald Trump’s use of emergency powers to impose global tariffs has left companies, customs brokers and trade lawyers preparing for a potentially prolonged battle over refunds that could total close to $150 billion. The court is expected to issue rulings on Friday, though it has not specified…
MUMBAI: A return of fears about higher US tariffs for Indian exports to the world’s largest economy pushed Dalal Street investors to press the ‘sell’ button on Thursday. This shaved off 780 points (close to 1%) from the sensex and 264 points from Nifty. Strong foreign fund selling and delay in signing of the US-India…
A 500% tariff would effectively shut down India’s goods and services exports to the United States. (AI image) Will India face 500% tariffs from the US soon? It’s a question that’s on the mind of everyone after US Senator Lindsey Graham said that President Donald Trump has given the go ahead for a bill that…
The rupee weakened by 7 paise to close at 89.94 (provisional) against the US dollar on Thursday, pressured by higher crude oil prices, sustained foreign fund outflows and a firmer greenback, PTI reported.Forex traders said the local unit also faced headwinds from renewed concerns over potential US tariff action and weak sentiment in domestic equities….
As part of a wider overhaul, the government is also looking to revisit and recalibrate the duty structure governing transactions between special economic zones. (AI image) Budget 2026: The Narendra Modi government is looking to revamp the customs duty slabs and tariff structure in the Union Budget 2026. FM Nirmala Sitharaman is expected to present…
