India remains deeply engaged on global trade issues, Union minister Ashwini Vaishnaw said on Thursday signalling confidence after US President Donald Trump expressed optimism about trade deal with New Delhi.Vaishnaw, who is in Davos for the World Economic Forum (WEF) Annual Meeting, said Trump’s comment is very encouraging. “Given India’s position and deep engagement on…
India’s exports to the European Union is facing higher import tariffs from January 1, 2026, after the EU suspended Generalised Scheme of Preferences (GSP) benefits for 87% of Indian goods, according to a report by trade policy think tank, Global Trade Research Initiative (GTRI).The move means that a large share of Indian exports will now…
The rupee recovered 15 paise on Thursday, strengthening to 91.50 against the US dollar in early trade, rebounding from its all-time low levels touched in the previous session. The recovery was supported by improved risk appetite after US President Donald Trump said he had no intention of imposing tariffs on Europe over Greenland, easing geopolitical…
Bryce Harper (Image Via Getty) Philadelphia Phillies trade talk is heating up, and one name keeps coming up: Boston Red Sox outfielder Jarren Duran. Around the league, insiders see him as a real option for Philadelphia as the team looks ahead to 2026. With the Phillies stuck with an expensive, underperforming outfield and Boston juggling…
Trump’s remarks come at a time when the US has imposed 50% tariffs on India – among the highest in the world. (AI image) India-US trade deal: US President Donald Trump on Wednesday said that America would have a ‘great’ trade deal with India. Trump’s statement came during his visit to the World Economic Forum…
Rattled by US President Donald Trump’s remarks linked to Greenland, the European Union is weighing possible countermeasures against Washington, reviving debate over its so-called “trade bazooka” — a powerful but rarely used economic tool formally known as the Anti-Coercion Instrument (ACI).While the issue has resurfaced at the highest political levels, most of the EU’s 27…
The US-EU trade deal is “on hold until further notice”, as announced by the chair of the European parliament’s trade committee Bernd Lange.“Now official: EU-US deal is on hold until further notice! Our negotiating team just decided to suspend work of European Parliament on the legal implementation of Turnberry deal. Our sovereignty and territorial integrity…
The European Parliament has voted to refer the recently signed EU-Mercosur free trade agreement to the bloc’s top court, pushing the long-negotiated pact into legal uncertainty just days after it was sealed, according to an AFP report.Lawmakers in Strasbourg voted 334 to 324 in favour of asking the Court of Justice of the European Union…
As global tariff uncertainty reshapes trade flows, leaders from the recycling industry have urged policymakers to prioritise open markets and ease cross-border movement of scrap and reusable materials in the Union Budget 2026, arguing that unrestricted trade is critical to building a resilient circular economy.Speaking at the International Material Recycling Conference (IMRC) 2026 here, industry…
Rupee hit a new low on Wednesday, falling 23 paise to reach 91.20 against the US dollar in early trade, extending its downward streak. Earlier on Tuesday, the currency had closed at a record low of 90.97, down 7 paise amid strong demand for dollars from metal importers and continued foreign fund outflows that weighed…