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SRINAGAR: Bihar CM Nitish Kumar’s act of removing the face veil of a Muslim woman during a public function has set off a war of words far away in J&K, where CM Omar Abdullah has accused former CM Mehbooba Mufti of committing similar “unsecular act” by removing the burqa of a legitimate voter years ago.“Have…
Finance minister Nirmala Sitharaman on Wednesday said global trade is increasingly “getting weaponised” through tariffs and other measures, warning that India will have to negotiate carefully in a changing global environment.Her remarks come amid US President Donald Trump’s earlier imposition of a 25% duty on India citing trade deficits, followed by another 25% penalty linked…
India and Oman are set to sign a Comprehensive Economic Partnership Agreement (CEPA) on December 18, a move that will deepen economic ties and anchor India’s expanding trade and strategic footprint in the Gulf, according to a report by the Global Trade Research Initiative (GTRI).The agreement, to be inked in Muscat during Prime Minister Narendra…
Silver prices jumped to a fresh lifetime high in futures trade on Wednesday, tracking a strong global rally driven by tight supply conditions and expectations of US interest rate cuts next year.On the Multi Commodity Exchange (MCX), silver futures for March contract surged by Rs 8,356, or 4.2%, to hit a record ofRs 2,06,111 per…
The trade deficit reduced to $24.6 billion, reaching its lowest point since June, as imports declined by 2% to $62.7 billion. (AI image) Defying pressure from Donald Trump’s 50% tariffs, India’s exports rose in November and the trade deficit shrunk to a five-month low. Exports moved up to $38.1 billion in November – an increase…
New Delhi: India and Canada are assessing the scope of the proposed trade deal, factoring in the changed global situation since talks stopped in 2023, commerce secretary Rajesh Agrawal said Monday, while stating that govt is exploring the possibility of a preferential trade agreement with Mexico to help Indian exporters avoid paying steep tariffs of…
France’s last-minute opposition and mounting farmer protests are threatening to derail the European Union’s long-delayed free-trade agreement with South America’s Mercosur bloc, raising fresh doubts over whether the pact can be signed this year, AP reported.Angry European farmers, fearing cheaper agricultural imports and tougher competition, have taken to the streets in Brussels just as EU…
Indian-origin Congresswoman Pramila Jayapal criticised President Trump’s tariffs on Indian goods, saying they are raising prices for Americans and also pushing India closer to other global powers. In a post on X, Jayapal said, “Trump’s tariffs on India aren’t only raising prices for Americans — they are pushing India away as a trading ally and…
Commerce and Industry Minister Piyush Goyal with New Zealand’s Trade Minister Todd McClay (File photo-ANI) Negotiations between India and New Zealand on a proposed free trade agreement are likely to be wrapped up soon, Commerce Secretary Rajesh Agrawal said on Monday, signalling progress after multiple rounds of discussions at both official and ministerial levels, PTI…
The rupee on Monday weakened further to close at a fresh all-time low of 90.74 against the US dollar, after slipping as much as 90.80 during intra-day trade, amid lingering uncertainty over an India–US trade deal and continued foreign fund outflows, according to market participants.At the interbank foreign exchange market, the local currency opened at…
