Trump Sanctions On Russian oil puts the squeeze on India's Biggest Crude Supplier
On Wednesday, the US President said that he would impose a tariff rate of 25 per cent on India's exports to the US starting on Aug 1
The move comes even as the two countries continue negotiations on a trade agreement that has been in the works for several months
The tariff kicks in August 1 and threatens key Indian exports like smartphones, pharma and shrimp ahead of trade talks set for August 25 in New Delhi
Congress criticises PM Modi after Trump imposes 25% tariff on Indian imports, saying the 'Howdy Modi' friendship has brought no real benefits
Gross domestic product increased at a 3.0 per cent annualized rate last quarter, the Commerce Department's Bureau of Economic Analysis said in its advance estimate of second-quarter GDP on Wednesday
US President Donald Trump described India's trade policies as the 'most strenuous and obnoxious non-monetary trade barriers of any country'
President Donald Trump said Tuesday that the US will partner with Israel to run new food centres in Gaza to address the worsening humanitarian crisis there, but he and US officials offered few additional details about the plan or how it would differ from existing food distribution centres. Trump told reporters aboard Air Force One as he returned from a trip to Scotland that Israel would preside over the new food centres to make sure the distribution is proper. We're going to be dealing with Israel, and we think they can do a good job of it," Trump said. The opaque details come as the Trump administration is facing calls at home and abroad to do more to address the hunger crisis in Gaza. The U.S.'s close ally, Israel, is at the center of an international outcry as more images of emaciated children continue to emerge. That pressure comes after the U.S. pulled out of talks last week to try to broker a ceasefire in the 21-month Israel-Hamas war, accusing Hamas of acting in bad faith. B
As India and the US race to finalise a trade deal by August 1, Trump warned that tariffs on Indian exports could go up to 25%. However, he added that no final decision had been made
Trump said on Monday most partners that do not negotiate separate trade deals would soon face tariffs of 15 per cent to 20 per cent on their exports to the United States
India has been a good friend, but India has charged basically more tariffs than almost any other country, said Donald Trump
Talks in Stockholm lead to agreement on maintaining existing tariffs; discussions also covered market access, fentanyl, tech exports, and possible Trump-Xi summit
Russian glide bombs and missiles struck a Ukrainian prison and a medical facility overnight, killing at least 21 people, officials said Tuesday, as Russia kept up its bombardment of civilian areas despite US President Donald Trump's threat to soon punish it with sanctions and tariffs unless it stops. A Russian airstrike on a prison in Ukraine's southeastern Zaporizhzhia region killed at least 17 inmates and wounded more than 80 others, officials said. In the Dnipro region, authorities reported at least four people were killed and eight injured. Trump said Monday he is giving Russian President Vladimir Putin 10 to 12 days to stop the killing in Ukraine after three years of war, moving up a 50-day deadline he had given the Russian leader two weeks ago. The move meant Trump wants peace efforts to make progress by Aug 7-9. Trump has repeatedly rebuked Putin for talking about ending the war but continuing to bombard Ukrainian civilians. But the Kremlin hasn't changed its tactics. I'm .
President Donald Trump is opening a new golf course bearing his name in Scotland on Tuesday, capping a five-day foreign trip designed around promoting his family's luxury properties and playing golf. Trump and his sons Eric and Donald Jr are cutting the ceremonial ribbon and playing the first-ever round at the new Trump course in the village of Balmedie, on the northern coast of Scotland. Also from the country's north is the president's late mother, Mary Anne MacLeod, who was born on the Isle of Lewis, immigrated to New York and died in 2000 at age 88. My mother loved Scotland, Trump said during a meeting with British Prime Minister Keir Starmer on Monday at another one of his golf courses, Turnberry, on Scotland's southern coast. It's different when your mother was born here. Trump used his trip to meet with Starmer and reach a trade framework for tariffs between the US and the European Union's 27 member countries though scores of key details remain to be hammered out. The overse
Trump has threatened sanctions in 10-12 days on countries buying Russian exports, including energy, unless Putin agrees to ceasefire-down from the earlier 50-day deadline
The prime minister of Iraq has kept his country on the sidelines as military conflicts raged nearby for almost two years. This required balancing Iraq's relations with two countries vital to his power and enemies with each other: the US and Iran. The feat became especially difficult last month when war broke out between Israel, a US ally, and Iran and the US struck Iranian nuclear sites. Mohammed Shia al-Sudani said he used a mix of political and military pressure to stop armed groups aligned with Iran from entering the fray. In an exclusive interview with The Associated Press, Al-Sudani explains how he did this, how he plans to keep these groups in check going forward and as he seeks a second term why he wants to get closer to the Trump administration, even as he maintains strong ties to Iran-backed political parties that helped propel him to power in 2022. Staying on the sidelines as Israel and Iran traded blows After Israel launched airstrikes on Iran and it responded by firi
The air of caution saw MSCI's broadest index of Asia-Pacific shares outside Japan slip 0.7 per cent
US President Donald Trump said the US will coordinate with other nations to provide more aid in Gaza, after the UN warned that vast food supplies are needed to prevent widespread starvation
Israeli Prime Minister Benjamin Netanyahu says no one in Gaza is starving: There is no policy of starvation in Gaza, and there is no starvation in Gaza. We enable humanitarian aid throughout the duration of the war to enter Gaza otherwise, there would be no Gazans. President Donald Trump on Monday said he disagrees with Netanyahu's claim of no starvation in Gaza, noting the images emerging of emaciated people: Those children look very hungry. After international pressure, Israel over the weekend announced humanitarian pauses, airdrops and other measures meant to allow more aid to Palestinians in Gaza. But people there say little or nothing has changed on the ground. The U.N. has described it as a one-week scale-up of aid, and Israel has not said how long these latest measures would last. "This aid, delivered in this way, is an insult to the Palestinian people, said Hasan Al-Zalaan, who was at the site of an airdrop as some fought over the supplies and crushed cans of chickpeas ...
Technical charts show that the Nifty IT index could decline another 11% from here; while the Pharma index could rally up to 8.5% if it clears the near-term hurdle at 22,815 levels.