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Spot silver advanced 2.1 percent to $76.76 per ounce, recovering after tumbling 11 percent on Wednesday. The US dollar traded largely unchanged against major currencies on Thursday, stabilising following mixed readings from the latest batch of US economic data. A firmer dollar typically makes commodities priced in the greenback costlier for investors using other currencies….
NEW DELHI: Union commerce minister Piyush Goyal on early Friday hit back at leader of opposition in the Lok Sabha Rahul Gandhi calling his allegations on the India-US trade deal “baseless,” claiming that he “has no concern for Bharat”. Goyal further asserted that the trade pact fully protects farmers’ interests. In a post on X,…
TOI correspondent from Washington: A rare congressional rebuke of President Donald Trump’s Canada tariffs, a presidential rant targeting a flagship US-Canada bridge, and an impending Supreme Court ruling on emergency trade powers are converging to deepen uncertainty around American trade policy — and raising fresh doubts about the durability of the fledgling US-India trade framework.On…
Piyush Goyal has now clarified that Indian exports would also get the same benefit. India-US trade deal: Commerce Minister Piyush Goyal on Thursday said that Indian apparel exports to the US will enjoy zero tariff access, if the raw material is procured from America. Goyal’s comments assume significance after the recently announced US-Bangladesh trade deal…
India’s trade surplus with the United States could exceed $90 billion annually, according to a new report by SBI. This growth has been driven by rising exports and higher import potential. Indian exporters could boost their top 15 items’ exports to the US by $97 billion yearly, with total exports potentially crossing $100 billion annually…
NEW DELHI: Over 10 central trade unions called for a nationwide Bharat Bandh on Thursday against the government’s “anti-worker” policies. The bandh was supported by farmer organisations and other groups across sectors.The strike call was announced as a mark of “resistance to anti-worker, anti-farmer and anti-national pro-corporate policies of the central government.”Trade unions said nearly…
Kawhi Leonard #2 and James Harden #1 (no longer in the team) of the LA Clippers during the game against the Utah Jazz (Image via Getty Images) The Los Angeles Clippers may be heading toward a rebuild after trading James Harden to the Cleveland Cavaliers. The deal brought back Darius Garland and a 2026 second-round…
NEW DELHI: A day after releasing a fact sheet on the trade deal with India, the White House revised it to say that India “intends” to buy more than $500 billion of US products, instead of having “committed” to: a substitution which will help PM Modi govt rebut the charge that it had given in…
US President Donald Trump on Wednesday described the recently concluded agreement with India as a “historic trade deal” and said it would significantly boost American coal exports.Addressing a press briefing, Trump said, “America is now the number one energy producer in the world… We’re becoming a massive energy exporter. In just the past few months,…
WTO Director-General Ngozi Okonjo-Iweala The World Trade Organization (WTO) needs urgent structural reform as the global trading system undergoes rapid economic and technological shifts, WTO Director-General Ngozi Okonjo-Iweala said, warning that maintaining the current framework is no longer viable, AFP reported.Speaking in Geneva on Wednesday, Okonjo-Iweala said the global trade body and the broader multilateral…
