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
Browsing: India economy
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
The India-UK trade pact is on track to be signed by the end of July, with legal scrubbing currently underway, said the Commerce Secretary. This groundbreaking agreement is poised to turbocharge bilateral trade and strengthen economic ties between the two nations like never before
Exclusive: Indian billionaire Gautam Adani is facing intensified scrutiny from U.S. prosecutors, who are escalating their investigations into his vast business empire, the Wall Street Journal reveals. These mounting legal challenges could dramatically impact his global ventures
Amid rising trade tensions, India faces a crucial moment to champion equity by establishing strong safeguards for its most vulnerable sectors. As Trump’s trade war transforms the landscape of global markets, it becomes imperative to craft targeted policies that create fair opportunities for everyone.
India is under growing pressure to lift tariffs and open its doors wider to global giants like Amazon and Walmart’s Flipkart. As these industry titans seek to expand their footprint, the government finds itself at a crossroads, striving to balance the needs of local businesses with the allure of foreign investment. The stakes are high, and the path forward is anything but straightforward.
Indian stock markets closed lower in the final session of the fiscal year, influenced by concerns over potential U.S. tariffs. Investors remained cautious as trade tensions continued to weigh on market sentiment, prompting a decline in key indices.
As the deadline for President Trump’s tariffs approaches, trade talks between the U.S. and India are intensifying. Both nations aim to address key trade issues, seeking to enhance economic ties while navigating mounting tensions and tariffs.