US President Donald Trump said the US may not add extra tariffs on India for buying Russian oil, leaving room for change of plans after India faced 50 per cent tariffs
India's Directorate General of Shipping meets a US delegation to advance maritime talks on green shipping and security, with no discussion on the US threat over the IMO's net-zero emissions vote
India is facing tough choices in responding to steep US tariffs - from negotiating or retaliating to diversifying export markets or offering trade concessions like ending Russian oil imports - but each option carries its own mix of benefits and risks, think tank GTRI said on Friday. The Global Trade Research Initiative (GTRI) said that India marks its Independence Day this year under the shadow of a bruising trade confrontation with Washington. The Trump administration's decision to slap a 50 per cent country-specific tariff on most Indian goods, on top of existing most favoured nation duties, has thrust India into a strategic dilemma that could reshape its trade, energy, and diplomatic positioning. "For New Delhi, the choices ahead are stark - negotiate, retaliate, diversify markets, or trade concessions such as ending purchases of Russian oil for tariff relief. Each option carries a different mix of gains and risks," GTRI Founder Ajay Srivastava said. He added that India will ...
India and the United States, working together, will rise to the modern challenges of today and ensure a brighter future for both countries, US Secretary of State Marco Rubio said, describing the historic relationship between New Delhi and Washington as consequential and far-reaching. On behalf of the US, Rubio extended congratulations and warm wishes to the people of India on the occasion of the country's Independence Day on Friday. The historic relationship between the world's largest democracy and the world's oldest democracy is consequential and far-reaching. Working together, the United States and India will rise to the modern challenges of today and ensure a brighter future for both our countries, Rubio said in his message. Rubio said the two countries are united by our shared vision for a more peaceful, prosperous, and secure Indo-Pacific region and the partnership between India and the US spans industries, promotes innovation, pushes the boundaries of critical and emerging ..
Clarity on the American negotiating team's India visit will follow the Trump-Putin meeting in Alaska, with tariff disputes and unresolved trade issues in focus
MEA confirms strong India-US defence ties despite tariff tensions and says talks with China are under way to resume border trade through designated points
The statement comes amid rising tensions between the two nations, with the US imposing 50 per cent tariffs on Indian imports, including a 25 per cent penalty for Russian oil purchases
Earlier in an interview with Fox Business, Bessent said India has been a "bit recalcitrant" on trade negotiations with the US
Any sectoral costs of a US trade deal must be compared to the costs of not having a deal. External pragmatism coupled with internal reforms can yet turn this impasse into an opportunity
The visits signal renewed India-China-Russia dialogue amid rising US trade tensions; Modi, Xi, and Putin set to meet at SCO Summit in Tianjin
Indian Rupee today: The domestic currency rose 28 paise, or 0.32 per cent, to close at 87.43 against the dollar on Wednesday
The signboard of a Hindu temple was defaced in the US city of Indiana, an incident described by the Indian consulate as "reprehensible". The "hateful act" took place at the BAPS Swaminarayan Temple in Greenwood city, the temple's official public affairs account said in an X post on Tuesday. This was the fourth time in less than a year that a BAPS temple has been targeted, it said. The Indian Consulate in Chicago took strong note of the act and called it "reprehensible". "Desecration of main signboard of the BAPS Swaminarayan Temple in Greenwood, Indiana is reprehensible," it said in an X post, adding that it has raised the matter with the law enforcement authorities for "prompt action". It added that the consul general also addressed a gathering of devotees and local leadership including the Mayor of Greenwood, "calling for unity & solidarity, and vigilance against miscreants there." The temple administration in its post also said that the act has "strengthened our community's ..
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