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Trump likely to raise US tariff rate to 15% this week, says Bessent

"That's likely sometime this week," Bessent said Wednesday on CNBC in response to a question about when the increase to 15 per cent would be implemented

Oil prices fall after report of possible US-Iran talks amid Gulf turmoil

Brent crude was down 50 cents, or 0.6 per cent, to $80.90per barrel by 1318 GMT, after hitting a high of $84.48 earlier in the session

Managing the fallout: West Asian conflict can be challenging for India

Oil imports account for 3.1% of gross domestic product, and according to Nomura, every 10% rise in oil prices worsens India's current account by 0.4 percentage point

Brace for impact: US-Israeli attack threatens global stability

No European ally participated in the attacks, although several have called for Iran to show restraint

Howard Lutnick meets Piyush Goyal, holds 'highly productive' trade talks

Howard Lutnick held talks with Piyush Goyal in Delhi as tariff uncertainty persists following fresh US duties and renewed trade deal discussions

US solar duty shock may disrupt India's exports, spurs call for SEZ relief

With the US imposing a 125.87% duty on Indian solar equipment, industry players warn of export disruption and renew calls for SEZ manufacturers to sell in the domestic market without duty impact

Citrini report author urges AI tax to cushion job losses in United States

Technology shares have slid in recent weeks on fears AI could upend business models, with the weekend report from Citrini Research adding to concerns about widespread disruption and job losses

Most Americans see Trump as erratic with age, Reuters/Ipsos poll finds

The six-day poll concluded on Monday, the day before the 79-year-old president gives his annual State of the Union address to Congress following a month of angry reprimands of lawmakers and judges

US envoy's 'Israel take it all' remark sparks backlash in West Asia

Arab and Muslim nations on Saturday sharply condemned comments by the US ambassador to Israel, Mike Huckabee, who said Israel has a right to much of the Middle East. Huckabee made the comments in an interview with conservative commentator Tucker Carlson that aired Friday. Carlson said that according to the Bible, the descendants of Abraham would receive land that today would include essentially the entire Middle East, and asked Huckabee if Israel had a right to that land. Huckabee responded: "It would be fine if they took it all." Huckabee added, however, that Israel was not looking to expand its territory and has a right to security in the land it legitimately holds. His comments sparked immediate backlash from neighbouring Egypt and Jordan, the Organisation of Islamic Cooperation and the League of Arab States, which in separate statements called them extremist, provocative and not in line with the US position. Egypt's foreign ministry called Huckabee's comments a "blatant violati

Unreasonable priorities: US wants Europe to help turn back the clock

From the perspective of their administration, it is not modern liberal political values that Europe and America share

Trump's repeal of climate finding could spark wave of lawsuits in US

The Environmental Protection Agency is set this week to repeal a 2009 scientific determination known as the endangerment finding, which has been the foundation for federal climate regulations

Fact sheet changes reflect joint statement: MEA on US interim trade pact

Foreign ministry says amendments to White House fact sheet align with February 7 joint statement, which remains the framework for interim trade pact

US-Bangladesh pact to put India's textile, cotton exports in a spot

India's textile industry sees the US-Bangladesh trade deal as a mixed outcome, with zero reciprocal tariffs for some Bangladeshi goods potentially hurting apparel and cotton yarn exports

US-Bangladesh pact unlikely to impact India's pharma, medtech exports

Industry executives say the US-Bangladesh reciprocal trade agreement is unlikely to materially affect India's pharma and medtech exports, given India's scale and established FDA-approved supply chains

Japan's Thatcher: Sanae Takaichi's win may reshape Indo-Pacific geopolitics

On the external front, Ms Takaichi has eschewed Japan's traditional equidistance between the United States (US) and China

A START for multilateralism: Nuclear proliferation needs a global treaty

The US and Russia currently account for 90 per cent of all nuclear weapons. But there are now a total of nine nuclear-armed states, which collectively account for 12,241 warheads as of January 2025

India handled US trade talks better than most nations: Former US official

Former US Assistant Commerce Secretary says India followed a calm, logical process in trade talks with Washington instead of reacting to political pressure

Critical mineral cooperation with US advancing rapidly: Jaishankar

EAM S Jaishankar said the India-US trade deal is close to completion, marking a new phase in bilateral ties, as his Washington visit advanced cooperation on trade, energy and critical minerals

India–US Trade deal explained: Big tariff changes & How India’s tariffs compare with others

India and the United States have announced a long-awaited trade deal that lowers US reciprocal tariffs on Indian goods to 18%. The announcement has eased trade tensions, lifted market sentiment,

ToR for banking panel likely by next month, says DFS secy M Nagaraju

On hiking FDI in PSBs, DFS Secy M Nagaraju says govt is considering raising the FDI cap to 49% from 20% to boost capital; inter-ministerial consultations are underway