The rupee opened lower on Friday, slipping seven paise to 89.97 against the US dollar amid continued foreign investor selling and a rise in global crude oil prices. Furthermore, US tariffs and muted domestic equity market sentiment drove foreign institutional investors to sell, placing additional pressure on the local currency. The rupee had opened at…
US commerce secretary Howard Lutnick made a big statement over why the India-US trade deal is not sealed yet. The official claimed that it was because PM Modi didn’t call Trump.When asked about the India-US trade deal, Lutnick said, “Let’s be clear, it’s his deal.He’s the closer. He does the deal. So I said, you…
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…
Asian share markets traded mixed on Thursday, as investors turned cautious ahead of a batch of key US labour market data due later this week.In Hong Kong, the HSI was down 322 points or 1.22%, to trade at 26,136. Nikkei also dipped 579 points to 51,382, a loss of 1.12%. Shanghai traded in green, with…
Artemi Panarin of the New York Rangers looks on during the third period of the game against the Nashville Predators (Credit: Getty Images) A significant roster shake-up is approaching for the New York Rangers, as the team prepares to move a high-profile player and actively explore the trade market. Reports suggest that team president and…
MLB trade rumors: Ketel Marte trade buzz grows as New York Yankees, Chicago Cubs, and Los Angeles Dodgers watch Arizona Diamondbacks (Image Via Getty) Ketel Marte is once again at the center of Major League Baseball trade talk. The Arizona Diamondbacks star infielder has become one of the most discussed names this winter. On January…
Chris Bassitt of Toronto Blue Jays (Image via Getty) A potential trade between Toronto and Houston built around Kyle Tucker would change the balance for both teams. For the Blue Jays, it would mean adding one of the league’s best right fielders at the peak of his career. For the Astros, it would be a…
File photo: PM Modi with US President Donald Trump (Picture credit: ANI) US President Donald Trump has said Prime Minister Narendra Modi is “not that happy” with him because of the tariffs Washington has imposed on India over its purchases of Russian oil, linking trade pressure directly to New Delhi’s energy ties with Moscow.Speaking at…
India needs a clear strategic push, including lower tariffs and a shift in manufacturing towards high-demand segments such as passenger vehicles, to strengthen its competitiveness in global markets, Niti Aayog said on Tuesday.In the latest Trade Watch Quarterly for April–June 2025, the policy think tank said India must also work on boosting two-way trade, increasing…
India has imported around 144 billion euros’ worth of crude oil from Russia since the start of the Ukraine war, making it the second-largest buyer after China, according to estimates by European think tank Centre for Research on Energy and Clean Air (CREA).According to news agency PTI, CREA said Russia has earned nearly 1 trillion…