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Trump's change in stance comes hours after he suggested imposing increased tariffs on additional countries buying energy from Russia, including China
Indian Rupee today: The domestic currency opened 7 paise higher at 87.73 against the dollar on Wednesday, according to Bloomberg
President Trump said that US tariffs on semiconductor and pharmaceutical imports would be announced within the next week or so. Tariffs of pharmaceuticals could be as high as 250 per cent.
Private-sector refiners account for around half the imports in Aug
Cites New Delhi's Russian oil purchase; Kremlin slams US threats
Rupee touches 87.89/$ amid escalating US trade threats, nears record low but closes at 87.80 after RBI steps in; markets now eye RBI policy decision
Sensex drops 309 points, Nifty falls 73 as Trump threatens more tariffs on India over Russian oil and investors await RBI monetary policy outcome on Wednesday
Last month, Titan also announced that its has signed an agreement to acquire a 67% stake in Damas LLC, the holding company for the Damas jewellery business in the GCC region
Trump threatens to raise tariffs on Indian imports 'very substantially', citing Russian oil purchases; India calls criticism unfair, defends energy ties with Moscow
Trump's tariff cannon has fired - and India's first-mover advantage is in tatters. With 5 rounds of failed talks and rising pressure over Russian oil, New Delhi now faces its sharpest trade test yet
This follows a scathing response from the MEA a day earlier to US President Donald Trump's threat of higher tariffs on Indian goods for importing Russian oil
Despite both Trump and Modi getting off to a warm start and a first-mover advantage for India in trade talks, recent developments suggest the going may not be as easy as initially hoped
Indian Rupee today: The domestic currency closed 14 paise lower at 87.80 against the dollar on Tuesday, according to Bloomberg
Stock market close highlights on Tuesday, Aug 5:Sensex settled 0.38 per cent or 308.47 points lower at 80,710.25 levels, while NSE's Nifty50 slipped 0.30 per cent or 73.20 points to 24,649.55 levels.
Russia's Foreign Ministry spokeswoman Maria Zakharova accused the US of being unable to accept the erosion of its dominance in an emerging multipolar international order
It's become urgent for New Delhi to make its case to Washington after being unexpectedly slapped with a 25% tariff, one of the highest in the region, facing further threats over its ties with Russia
Jaishankar's remarks come amid rising global tensions, with Trump imposing tariffs on India and criticising its oil trade with Russia
Oil & Gas stocks declined in trade after US President Donald Trump threatened to raise tariffs in Indian imports over the purchase of a "massive" amount of Russian crude oil
In the past week, textile stocks have fallen by up to 18 per cent following Trump's announcement of a 25 per cent tariff
Indian Rupee today: The domestic currency opened 16 paise lower at 87.82 against the dollar on Tuesday, according to Bloomberg