[ad_1] After the US imposed a 50% tariff on India for buying Russian oil, many are questioning why China was spared such action despite being one of Russia’s biggest oil buyers.US President Donald Trump said on Friday (local time) that he does not see an immediate need to impose retaliatory tariffs on countries like China…
[ad_1] Almost 70% of Indian goods exports to the US, or around $60.85 billion, are now facing a 50% tariff imposed by the US.An analysis by the Indian Council for Research on International Economic Relations (ICRIER) shows that the figures are just 1.56% of India’s GDP and 7.38% of its total exports and pose no…
[ad_1] India is stepping up efforts to secure its rare earth supply chain, a key element for clean energy expansion and electric mobility growth. A report by global consulting firm Primus Partners, ‘From Extraction to Innovation’, outlines a detailed plan to achieve self-reliance in rare earth magnets under the government’s Viksit Bharat vision, reported ANI.The…
[ad_1] India’s business community has warmly welcomed Prime Minister Narendra Modi’s announcement to overhaul the Goods and Services Tax (GST), describing it as a crucial step towards boosting demand, cutting compliance burdens and supporting growth.In his Independence Day address from the Red Fort, PM Modi said the government will simplify the GST framework by reducing…
[ad_1] Nifty 50 could fluctuate between 11 per cent below and 4 per cent above its year-end target of 25,000 as markets face a host of uncertainties, according to a report by BofA Securities.As per news agency ANI, the brokerage said that possible US trade tariffs on Indian goods, a shaky US economic outlook, delays…
[ad_1] Travellers wait in line for the next available agent at the Air Canada counter in Montreal-Pierre Elliott Trudeau International Airport in Dorval, Quebec. (Picture credit: AP) Air Canada has suspended all operations after more than 10,000 of its flight attendants walked off the job early Saturday, plunging peak summer travel into chaos and leaving…
[ad_1] Democrats rip into Trump’s tariff move (Picture credit: AP) Democrats on the US House Foreign Affairs Committee have sharply criticised the Trump administration’s warning of higher tariffs on India if talks with Russian President Vladimir Putin fail to produce results.Responding on social media platform X to comments by US treasury secretary Scott Bessent, the…
[ad_1] The Confederation of Indian Industry (CII) has hailed the forthcoming reforms to the Goods and Services Tax (GST) announced by Prime Minister Narendra Modi during his Independence Day address from the Red Fort.Chandrajit Banerjee, director general of CII, said in a statement, “On behalf of Indian industry, CII warmly welcomes the Hon’ble Prime Minister’s…
[ad_1] BENGALURU: Vyome Holdings, created through the merger of biotech startup Vyome Therapeutics and Nasdaq-listed ReShape Lifesciences, began trading on Friday under the ticker ‘Hind’, with Vyome shareholders holding a controlling 91.6% stake in the combined company. The debut coincided with India’s 79th Independence Day. [ad_2] Source link
[ad_1] Trump and Putin met in Alaska US President Donald Trump said he may consider imposing tariffs on countries purchasing Russian oil “in two or three weeks,” though not immediately, following his meeting with Russian President Vladimir Putin in Alaska.“Well, because of what happened today, I think I don’t have to think about that,” Trump…