The blow from India's largest trading partner hit hard, especially after PM Modi had lavished praise on Trump and was among the first foreign leaders to visit after his return to the White House
Her remarks came after Pakistan Army chief Gen Asim Munir's comments in Florida, where he reportedly said Pakistan could use nuclear weapons to take down India
Bessent said he hoped the Trump administration could wrap up its trade negotiations by the end of October
The country needs energy and Trump knew that when he announced a 25 per cent tariff on much of India's exports for sourcing discounted oil from Russia, which is India's oldest ally
The last decade or so provides a nice base for studying the trends in government revenue from import tariffs of all types
India can, if necessary, switch to many alternate suppliers without much additional cost
Officials told a parliamentary panel that India-US ties go beyond trade, denied halting defence purchases, and expressed confidence the sixth BTA talks will proceed
Indian Rupee today: The domestic currency closed flat at 87.66 against the dollar on Monday after opening 16 paise higher
Indian Rupee today: The domestic currency opened 16 paise higher at 87.50 against the dollar, according to Bloomberg
On August 1, the DMK's K Kanimozhi asked in the Lok Sabha whether the government had taken steps to ensure humane treatment for deported Indians
Commerce Minister Piyush Goyal said India is in negotiations with the US, EU and others for trade agreements, aiming to exceed last year's $825 bn exports despite tariff challenges
From an investment and trading perspective, it's clear there is no upside to tariffs for either nation
India's exposure to US imports is limited, but sectors like aerospace, LNG, and high-end tech remain strategically vulnerable
Prominent US Congressman and Democrat Gregory Meeks said the US has deep economic, and people-to-people ties with India, and trade concerns should be addressed in a mutually respectful way
White House Trade Adviser Peter Navarro links extra 25% tariffs on India to its refusal to stop buying Russian oil, calling it a national security threat amid ongoing US-India trade tensions
Credit rating agency says India's manufacturing growth momentum and electronics competitiveness are at risk if tariff dispute with US persists
The US affirms full dialogue with India amid tariff disputes and Russian oil concerns, emphasising direct engagement to resolve differences, while reiterating New Delhi's status as a strategic partner
Semiconductor duties, exclusion of non-smartphone items from exemptions likely to derail electronics $80 billion export targets
Indian Rupee outlook: Analysts suggest that the local unit might largely stay range-bound between 86.50 to 88.50 levels
A 50% US tariff on Indian garments, tied to Russian oil purchases, has shocked buyers and suppliers, prompting plans to shift production to countries like Ethiopia and Nepal