Beijing: China announced 34 percent tariffs on US imports on Friday, the first major economy to fire back against President Donald Trump’s swingeing new levies in an escalating global trade war that sent markets deep into the red. Countries and companies alike weighed their options and the EU readied for talks with US officials. Potential…
Mumbai: The latest tariff measures by the US administration will not have any material impact on India’s passenger vehicle exports due to the meagre volumes of such shipments, ICRA said on Thursday. As part of reciprocal tariffs on about 60 countries to counter higher duties on American products imposed globally, US President Donald Trump on…
New Delhi: Both India and the US want to expedite the negotiations for the proposed bilateral trade agreement (BTA) as the two countries are looking at promoting two-way commerce. The talks for the proposed pact could be used to deal with the reciprocal tariffs imposed by the US to get them rescinded or settled bilaterally….
Chennai: Taking strong exception to the passage of the Waqf Bill in the Lok Sabha, Tamil Nadu Chief Minister and DMK president M K Stalin on Thursday said his party would file a case in the Supreme Court against the Bill. The CM, who came to the Assembly wearing a black badge to protest against…
New York/Washington: US President Donald Trump announced a 26 per cent “discounted reciprocal tariff” on India, half of the 52 per cent levies imposed by India on American goods, as he described India as “very, very tough.” “This is Liberation Day, a day we’ve been waiting for a long time. 2nd April 2025 will forever…
New Delhi: India’s apex exporters’ body, FIEO, stated on Thursday that the 26 percent tariffs or import duties announced by US President Donald Trump on India will undoubtedly affect domestic players. However, India is much better placed than many other countries, said Ajay Sahai, Director General and CEO of the Federation of Indian Export Organisations…
New Delhi: The Lok Sabha early Thursday passed the contentious Waqf (Amendment) Bill, 2025, after over a 12-hour debate, which saw the ruling NDA strongly defending the legislation as beneficial for minorities, while the opposition describing it as “anti-Muslim”. The Bill was passed after all amendments moved by the opposition members were rejected by voice…
Imphal: Former Manipur chief minister N Biren Singh on Wednesday said that thousands of refugees have settled in the state since the 1960s with the knowledge of the authorities, and those people were provided assistance for rehabilitation. Singh, who resigned as the chief minister in February, leading to the imposition of President’s Rule in the…
New Delhi: India’s manufacturing sector growth rose to an eight-month high in March, driven by quicker increases in factory orders and production amid buoyant demand conditions, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) was at 58.1 in March, up from 56.3 in February, indicating a substantial…
New Delhi: India and Chile on Tuesday announced starting negotiations on a comprehensive economic partnership pact as Prime Minister Narendra Modi and Chilean President Gabriel Boric Font held wide-ranging talks focusing on boosting the ties in areas of trade, defence, critical minerals, and health. Describing Chile as an important “friend and partner” for India in…
