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AI image for representation China on Tuesday positioned itself as an option for open markets and regional cooperation, signing an upgraded free trade pact with the Association of Southeast Asian Nations (ASEAN) while taking a veiled swipe at US President Donald Trump’s protectionist stance.Premier Li Qiang said the new pact — the ASEAN-China Free Trade…
US President Donald Trump on Wednesday suggested that Washington could soon reach a trade agreement with India, emphasising that the two countries have strong bilateral ties.“If you look at India and Pakistan, so I’m doing a trade deal with India, and I have great respect and love. As you know, for Prime Minister Modi, we…
After wrapping up a visit to Japan that delivered $490 billion in investment commitments, US President Donald Trump is heading into a more complicated negotiation in South Korea, where a trade agreement remains out of reach.Trump will be meeting South Korean President Lee Jae Myung on Wednesday in Gyeongju, the historic host city of this…
According to the International Energy Agency, India purchased 1.9 million barrels per day during the first nine months of 2025. (AI image) Donald Trump sanctions impact: With the US and EU imposing fresh sanctions on Russian oil, Indian oil refiners have stopped any fresh orders of Russian crude. According to a Reuters report, the refiners…
Chinese Premier Li Qiang on Monday cautioned against rising “unilateralism” in global trade, urging nations not to revert to “the law of the jungle” amid escalating tariff tensions with the United States.Speaking at the ASEAN Summit in Kuala Lumpur, Li said economic globalization and multipolarity were “irreversible,” calling for stronger support for the global free…
Silver prices fell sharply on Monday as hopes of a US-China trade deal and a stronger dollar reduced demand for safe-haven metals.On the Multi Commodity Exchange (MCX), silver futures for December delivery dropped by Rs 1,964, or 1.33 per cent, to Rs 1,45,506 per kilogram in a business turnover of 20,367 lots. The white metal…
The European Union’s latest package of sanctions on Russia has opened new avenues for Indian businesses to expand trade with Moscow, according to the Moscow-based Indian Business Alliance (IBA).On October 23, the Council of the European Union adopted its 19th round of restrictive measures targeting key Russian sectors—including energy, finance, and defense — in response…
US crude oil imports to India surged due to economic factors, including a favourable arbitrage opportunity. (AI image) In a move that is possibly aimed at reducing trade issues with the Donald Trump administration, India has stepped up its crude oil imports from the US substantially. Crude imports in the month of October have hit…
Canadian Prime Minister Mark Carney on Monday said he is “ready to sit down” with US President Donald Trump to resume trade negotiations, despite Washington’s decision to hike tariffs on Canadian goods by an additional 10%.“We stand ready to sit down with the United States, myself with the president, my colleagues with their colleagues, when…
Representative image (AI-generated) India’s economic growth is expected to remain strong in FY 2026 even as global trade challenges persist, the finance ministry said in its monthly economic review released on Monday.The report highlighted that India’s growth will be driven by robust domestic demand, easing inflation and the positive impact of recent reforms.It further pointed…
