India’s GDP surged to an impressive 8.2% growth, defying tariff pressures with remarkable strength. Amid trade challenges, the economy showcases unstoppable momentum, signaling a powerful recovery and steadfast resilience, reports Nikkei Asia
Browsing: India economy
Indian equity benchmarks hovered near record highs on Thursday, with trading remaining flat as investors eagerly awaited crucial economic growth data. Market participants are treading carefully, anticipating the upcoming GDP figures that could steer the market’s next move
India is reportedly preparing to impose import tariffs on select steel products, aiming to protect domestic manufacturers from a surge of cheap imports, sources told Reuters. This bold strategy comes amid a growing global steel glut that threatens the survival of local industries
The Indian rupee teeters on the edge of sharp declines as upcoming liquidity and growth reports threaten to rattle market confidence. At the same time, bond yields are set to move, reflecting investors’ changing economic outlook
A former Trump administration official revealed that the India-US trade deal has come “so close so many times,” highlighting the “complex challenges” that keep delaying a final agreement between the two nations
India’s Commerce Minister Piyush Goyal has hinted at thrilling “good news” coming soon for the India-US trade deal, emphasizing that a “fair” agreement-one that genuinely champions the interests of farmers, fishermen, and small businesses-is on the verge of being revealed
Contrary to recent rumors, India has not withdrawn 500 billion euros from the UK economy. The Quint clears the air, confirming that no such massive financial transaction has taken place between the two nations
Amid ongoing trade talks with the US, India’s Commerce Minister Piyush Goyal delivered a strong and unwavering message: India will firmly stand its ground and reject any trade terms that jeopardize its economic future
Google has announced a groundbreaking $24 billion investment in artificial intelligence across the U.S. and India, poised to spark innovation, create thousands of new jobs, and turbocharge AI infrastructure for the future
Eli Lilly is gearing up to invest over $1 billion in India, dramatically boosting its manufacturing power to keep pace with the skyrocketing demand across the region, Reuters reports
India’s trade scene is a dynamic tapestry, exporting a dazzling array of goods from petroleum products to colorful textiles. Meanwhile, it brings in essential items like crude oil and state-of-the-art electronics. Partnering with global giants such as the US, China, and UAE, India’s international ties are expanding at an exciting pace, reports The Observatory of Economic Complexity
India’s economy soared with a remarkable 7.8% growth in the June quarter, driven by vibrant manufacturing and booming services sectors. This strong momentum showcases a powerful recovery amid global challenges, CNBC reports
U.S. tariffs have triggered significant earnings downgrades across Asia, with India feeling the biggest impact, a recent report reveals. This shift highlights rising trade tensions that are reshaping regional markets
Top US economist Jeffrey Sachs unleashed a sharp rebuke of President Trump’s tariffs on India, calling them the “stupidest tactical move.” Sachs warned that these tariffs could severely harm not just bilateral trade but also shake the foundations of the global economy, NDTV reports
India is facing mounting challenges as US tariffs, imposed during the Trump administration, continue to hinder its exports. Although talks for relief are underway, progress has been sluggish, leaving key industries under intense strain
A looming 50% US tariff on vital Indian goods threatens to derail India-US trade talks, casting a shadow over efforts to strengthen their economic partnership, NDTV reports
Sanctions-hit Indian refiner Nayara Energy is in active talks with the government, seeking vital support to navigate mounting financial challenges and keep its operations running smoothly, Reuters reports. These discussions aim to secure a stable and sustainable future for the company
India and the UK have sealed a groundbreaking trade deal set to turbocharge economic ties, slash tariffs, and boost collaboration across key sectors. This landmark agreement marks a bold step forward in elevating their bilateral partnership to new heights
India’s exports to the US have soared dramatically, catapulting America to the top spot as the biggest buyer of Indian electronics, seafood, and apparel, reports the Times of India. This remarkable growth highlights the strengthening trade ties between the two nations
The US Senate has dramatically cut the remittance tax to India from 3.5% to a mere 1%, making it much more affordable for millions of senders. This bold move aims to empower the Indian diaspora and turbocharge cross-border money transfers, The Economic Times reports