Image for representational purposes only. U.S. President Donald Trump’s steep 50% tariffs on Indian imports could severely undermine India’s manufacturing ambitions and slow economic growth, Moody’s Ratings said. | Photo Credit: Reuters U.S. President Donald Trump’s steep 50% tariffs on Indian imports could severely undermine India’s manufacturing ambitions and slow economic growth, Moody’s Ratings said…
A few weeks back, India’s Finance Ministry declared the Indian economy to be in a “Goldilocks situation” — a rare alignment of moderate growth, subdued inflation and supportive monetary conditions. Analysts too, taking a narrow, quarterly view of the Indian economy conceded, marking this as a “mini-Goldilocks moment” for its macroeconomic position, spurred by 7.6%…
U.S. President Donald Trump at the White House in Washington, D.C., U.S., on August 7, 2025. | Photo Credit: Reuters U.S. President Donald Trump has said there will be no trade negotiations with India until a dispute over tariffs is resolved, following his administration’s decision to double tariffs on Indian imports. When pressed by ANI…
The U.S. has levied the third-highest tariff on India among the top 10 countries with which it has the highest trade deficits, an analysis has revealed. In other words, while the U.S. has a higher trade deficit with nine other countries than with India, it has levied higher tariffs on just two — China and…
Scott Wang, Vice President, Asia Pacific, for the World Trade Centers Association. Photo: Special Arrangement The increasingly inward looking attitude of countries around the world didn’t happen overnight, and is a result of the unequal growth that emerged from the ‘golden’ period of globalisation in the 1990s and 2000s, according to Scott Wang, Vice President,…
Image used for representation | Photo Credit: Reuters Amid the ongoing row over the tariffs and penalties imposed by the Trump administration on India, citing India’s trade relations with Russia, the US-India Business Council (USIBC) said on Thursday (August 7, 2025) that it is “time to redouble our efforts, not pull apart.” U.S. President Donald…
For representative purposes. | Photo Credit: iStockphoto The story so far: A report submitted by the Finance Minister in the Rajya Sabha states that 5,892 cases were taken up by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA) 2002, since 2015. Of these cases, only 15 convictions have yet been ordered…
U.S. President Donald Trump answers questions from reporters on August 5, 2025, in Washington. | Photo Credit: AP U.S. President Donald Trump on Wednesday (August 6, 2025) slapped an additional 25% tariff on goods coming from India as penalty for New Delhi’s continued buying of Russian oil. Mr. Trump signed an executive order imposing the…
“Combined with supportive government and RBI policies, this situation bodes well for the Indian economy in the near term,” Reserve Bank of India (RBI) Governor Sanjay Malhotra said. File | Photo Credit: Reuters In an unanimous decision the Reserve Bank of India (RBI) Monetary Policy Committee (MPC) has kept the repo rate unchanged at 5.5%…
Experts are of the opinion that the Reserve Bank may go in for a status quo this time and wait for more macro data after the announcement by the U.S. to impose 25% tariff on Indian imports beginning August 7. However, a section of industry players do hope for a 25 basis points rate cut…
