Category: Politics

India’s export competitiveness is set to improve after the United States announced a reduction in reciprocal tariffs on Indian goods to 18%, a move experts said removes a major trade overhang and restores India’s relative cost advantage in the world’s largest consumer market. The decision follows a conversation between US President Donald Trump and Prime Minister […]

US President Donald Trump’s announcement of a trade deal with India has put agriculture at the center of attention as there is yet little clarity on what exactly has been agreed. In a Truth Social post, Trump said the deal would slash US tariffs on Indian goods to 18% from 50% in return for India halting […]

Moody’s Ratings said on Tuesday that India is unlikely to immediately stop all crude oil purchases from Russia following the India–US trade deal, noting that a sudden shift could be disruptive to economic growth and may have inflationary implications for the country. “Even though India has reduced its purchase of crude oil from Russia in recent […]

New Delhi: One of the biggest sources of global uncertainty weighing on India’s trade outlook has eased following the breakthrough trade deal between New Delhi and Washington, senior Union Finance Ministry officials said on Tuesday, linking the development to improved visibility for industry and stronger economic momentum ahead. “One of the dark prongs of global uncertainty […]

Amid easing global trade tensions and a sharp improvement in the health of India’s banking system, the government believes the financial sector is well positioned to support the Union Budget 2026’s emphasis on infrastructure, manufacturing and long-term growth, Department of Financial Services (DFS) Secretary M Nagaraju said on Tuesday at a post budget event organised by […]

Washington, External Affairs Minister S. Jaishankar arrived in New York for a three-day official visit to the United States and is scheduled to meet Secretary of State Marco Rubio in Washington on Tuesday as part of talks focused on cooperation in critical minerals. The meeting comes a day after a phone call between President Donald Trump […]

It’s ultimately here – the much-awaited Union Budget for the ensuing financial year. After the signing of the ‘mother of all Agreements’ with the EU bloc, expectations were high for another disruptive move. Has the Central Government delivered? Let’s examine it. 7 Strategic Legs of the Budget Pedestal Budgets are essentially a policy document. Keeping this […]

The Indian side has yet to confirm whether domestic refiners would completely halt Russian imports. New Delhi: India has agreed to stop buying Russian oil and significantly increase purchases from the US and potentially Venezuela, US President Donald Trump said on Monday, while announcing a trade deal with India on social media. The Indian side has […]

NEW DELHI: Private investment is picking up in sectors that are backed by government support, economic affairs secretary Anuradha Thakur said on Monday, calling on industry to take advantage of the assistance pledged in the budget for strategic sectors, including semiconductors, electronics and rare earth, and bolster investment. The government, she said, intends to stay on […]

India-US trade deal: Commerce and Industry Minister Piyush Goyal has said that the India-US trade deal unlocks the power of two large democracies working together for the shared prosperity of their people, and the bilateral partnership will co-create technologies and co-develop solutions. He said the trade deal unlocks unprecedented opportunities for farmers, MSMEs, entrepreneurs, and skilled […]