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.
