Page 11 - Us Tariffs

GST 2.0 could boost consumption, but does little to fix deeper weaknesses

GST 2.0 may cushion consumers against US tariffs, but like the 2019 corporate tax cut, it risks being another tactical fix rather than a structural growth strategy

Trump's assault on institutions will be a litmus test of their importance

Do institutions matter? Donald Trump's sustained assault on them will give us an answer

Private sector refiners gain big from India's Russian crude oil savings

Unlike their public-sector counterparts, private players export a large portion of their output to Europe and Asia at lucrative prices

Rupee weakens tracking rise in dollar index ahead of Powell's speech

The rupee depreciated by 0.3% as the dollar strengthened, amid concerns over upcoming US tariffs and ahead of Jerome Powell's speech at Jackson Hole

RBI inflation target review, liquid MFs' demand rises, S&P's sovereign rating India upgrade & more

The RBI has floated a discussion paper, seeking views on whether the 4% target should continue, if headline or core inflation should be tracked, and whether the current ±2% band should be tweaked.

India, Brazil looking to strengthen oil ties amid high US tariffs: Report

Amid rising US tariffs on Russian oil, India and Brazil are exploring new opportunities to boost crude trade, with India seeking alternatives to Russian oil and Brazil eyeing new markets

Indian firms face Asia's biggest earnings downgrades on tariff risk: Report

The cuts follow a lacklustre season of quarterly earnings reports extending a bout of weakness among listed firms which kicked off last year and has hurt benchmark equity indexes

Finance ministry asks PSBs to broaden credit focus amid tariff woes

"PSBs have been told to focus on credit growth across loan sizes, especially in core engineering, manufacturing, agriculture, MSMEs, and startups," the official said

Russian crude oil continues to flow to India: First Deputy PM Manturo

Russian oil and energy resources continue to flow to India as Moscow sees potential for LNG exports, Russia's First Deputy Prime Minister Denis Manturo said on Wednesday. "We continue to ship fuel, including crude oil and oil products, thermal and coking coal. We see potential for exporting Russian LNG," Manturov said, co-chairing the 26th session of the India-Russia Intergovernmental Commission on Trade, Economic, Scientific-Technological and Cultural Cooperation (IRIGC-TEC). From the Indian side, the commission was co-chaired by External Affairs Minister S Jaishankar, who arrived here on Tuesday on a three-day visit. "We expect to expand comprehensive cooperation in the peaceful nuclear sector, including on the basis of the successful experience of the Kudankulam NPP construction project," the Russian leader said. Manturov noted that trade between Russia and India in national currencies has exceeded 90 per cent. "An equally important task, especially in the current realities, i

Near-term concerns will weigh on Samvardhana Motherson's profit margins

Going ahead, brokerages expect pressure on margins due to demand pressures and increased costs

US tariffs: Fitch cautions rising second-order risks may hit India Inc

Fitch says Indian pharma, oil marketing companies and auto exporters face downside risks from US tariffs, with Biocon and HPCL-Mittal flagged as vulnerable

Trump tariffs get seal of approval as S&P affirms AA+ credit rating

The decision offers a glimmer of good news for Trump, who has pushed back against arguments that his historic program of tariffs will damage the US economy

Tariff turbulence: Ludhiana industries oscillate between resilience, risk

The final report in the series gauges Ludhiana's industrial pulse as 50% US tariff looms

Putin calls PM Modi after Alaska meet with Trump, bilateral ties reviewed

Prime Minister Modi said Putin phoned him to share insights from his Alaska meeting with Trump, as India and Russia reaffirmed close ties amid US tariffs on Indian goods

Turbocharging India: Assuming global economic leadership

Higher tariffs could render many Indian products uncompetitive in US markets and bring unfavourable repercussions to the domestic economy

Tamil Nadu CM seeks special relief package to counter US import tariff

Tamil Nadu Chief Minister M K Stalin on Saturday expressed concern over the possibility of the enhanced US tariff on Indian imports affecting the industry and employment, and demanded that the Centre provide a special financial relief package. The package should include a moratorium on principal repayment, he told Prime Minister Narendra Modi in a letter. While appreciating the efforts by the Centre to achieve a mutually beneficial trade agreement with the US, he also exteded full support to the country's position to defend national interests. "In this context, I wish to bring to your attention a matter of considerable concern to Tamil Nadu, as it faces severe implications due to the current 25 per cent tariff and its potential escalation to 50 per cent." In the last financial year, while 20 per cent of India's total goods exports of USD 433.6 billion were to the US, 31 per cent of Tamil Nadu's USD 52.1 billion goods were exported to that country. "This higher dependency on the US

India's trade deficit widens to eight-month high of $27.35 billion in July

India's trade deficit hit an eight-month high in July as imports grew faster than exports; government eyes FTAs and export promotion to boost competitiveness

Datanomics: India's manufacturing sector yet to show its strength

While certain sectors such as smartphones have shown remarkable export growth, the broader manufacturing landscape does not tell an inspiring story

Despite tensions over tariffs, ties with US remain robust, says MEA

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

Mitsubishi to invest $600 million for 30% stake in US copper mine project

Japan's Mitsubishi to buy into Arizona's Copper World project for $600m, weeks after the US imposed steep tariffs on semi-finished copper products