Category: Politics
Implications of US Tariffs and Geopolitical Realignment, ETCFO
New Delhi, With Prime Minister Narendra Modi set to visit China after six years and National Security Advisor (NSA) Ajit Doval engaging with Russia on key defence deals, there are early signs that India may recalibrate its strategic posture and the shift in geopolitical alignment is something investors should watch out for very closely, a report […]
White House Calls Additional Duty on India a National Security Risk Amid Russian Oil Purchases, ETCFO
New York/Washington, The imposition of an additional 25 per cent duty on India is a “national security issue” associated with New Delhi’s “abject refusal to stop buying Russian oil”, White House Trade Adviser Peter Navarro has said. Last week, US President Donald Trump had announced 25 per cent reciprocal tariffs on India that came into effect […]
National Security Advisor Ajit Doval Announcement, ETCFO
NEW DELHI: Russian President Vladimir Putin is set to visit India soon, National Security Advisor Ajit Doval said on Thursday. The visit is expected to take place by the end of 2025, Reuters reported citing Interfax news agency. This comes amid Donald Trump administration’s stringent tariff actions against India over its continued Russian oil purchases. “We […]
India risks 1% GDP hit as Trump slaps 50% tariffs over Russian oil, ETCFO
India could lose as much as a full percentage point of GDP growth following US President Donald Trump’s latest move to double tariffs on Indian goods to 50%, analysts said. The new levies, imposed as punishment for India’s continued purchase of Russian oil, could severely dent exports and unsettle an already slowing economy. The tariffs announced […]
PM Modi says ready to pay ‘heavy price’ for farmers’ welfare as US trade war continues, ETCFO
Prime Minister Narendra Modi on Thursday said he is prepared to bear the cost of protecting India’s agricultural interests, as the country faces escalating trade tensions with the United States, further facing tariffs from Washington, as high as 50%. Speaking at the MS Swaminathan Centenary International Conference, PM Modi said, “For us, the interest of our […]
Trump’s Tariff Impact Triggers RBI’s Return to Rupee Derivatives for Volatility Control, ETCFO
By Nimesh Vora MUMBAI, -The Reserve Bank of India has resumed intervention in the non-deliverable forwards market over the past fortnight to manage rupee volatility triggered by mounting trade tensions with the United States, four bankers told Reuters. This marks a return to a tool the central bank had largely refrained from using over the past […]
Trump’s Tariffs and the Russian Oil Dilemma, ETCFO
US President Donald Trump US President Donald Trump‘s tirade against India over trade and Russian oil purchases threatens to undo two decades of diplomatic progress, analysts and officials say, and could derail other areas of cooperation as domestic political pressures drive both sides to harden their stances. India’s opposition parties and the general public have urged […]
Private sector may get SOPs in lagging states as govt firms up National Manufacturing Mission blueprint, ETCFO
New Delhi: The government could incentivise the private sector to set up manufacturing units in laggard states as well as offer sops to hire more women on the shop floor as it firms up the blueprint for the National Manufacturing Mission, said officials privy to the discussions. The mission, announced in the budget for this financial […]
New immigration bill proposes $20,000 option for applicants to skip the 10-year green card queue, ETCFO
A new bipartisan bill introduced in the US House of Representatives proposes allowing individuals stuck in the green card backlog for over ten years to fast-track their applications by paying $20,000. The Dignity Act of 2025 (H.R. 4393), led by Rep. Maria Elvira Salazar (R-Florida) and Rep. Veronica Escobar (D-Texas), sets out to eliminate the legal […]
Trump Imposes 50% Tariff on India in Response to Russian Oil Purchases, ETCFO
US President Donald Trump on Wednesday signed an executive order imposing an additional 25% tariff on India in response to its continued purchase of Russian oil, said a White House statement. The tariff is set to take effect in three weeks and would be added on top of a separate 25% tariff entering into force on […]
