India-US trade deal: Donald Trump says not finalized; hints at 20-25% tariff rate two days ahead of reciprocal tariff deadline

[ad_1] India-US trade deal: Trump’s remarks come two days ahead of the August 1, 2025 reciprocal tariff deadline. India-US trade deal: Ahead of his self-imposed tariff deadline, US President Donald Trump has said that a trade agreement with India has not yet been finalized. “India trade deal not been finalized,” said Trump. Asked whether India…

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India world’s fastest-growing major economy: IMF upgrades 2025 & 2026 growth forecast to 6.4%; global growth lifted to 3.1% in 2026

[ad_1] The International Monetary Fund (IMF) has revised its forecast for India’s economic growth to 6.4% for both 2025 and 2026 — up from 6.2% and 6.3%, respectively, projected in its April 2025 World Economic Outlook — reaffirming India’s position as the world’s fastest-growing major economy. The IMF also modestly raised its global growth outlook…

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US-China trade deal talks: Tariff pause extended after ‘constructive’ discussions; here are the tax rates that will continue for now

[ad_1] US-China trade deal: The situation with China remains the most significant unresolved matter. (AI image) US-China trade deal talks: Following discussions in Stockholm, China’s chief trade representative announced on Tuesday that China and the United States have decided to maintain their existing tariff arrangements, extending the pause.The latest negotiations between Chinese and US trade…

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Troubles mount for Air India: DGCA’s annual audit finds 51 safety lapses – inadequate pilot training, poor rostering system & more

[ad_1] Owned by the Tata Group, Air India has already received warning notices due to multiple safety violations. The Directorate General of Civil Aviation (DGCA) has flagged several safety lapses in Air India’s operations as a part of its annual audit of the airline. These findings are unrelated to the recent Air India AI-171 plane…

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US market today: Stocks edge higher as Fed meet, China tariff talks weigh; JetBlue, SoFi jump while Merck, UnitedHealth drag

[ad_1] Wall Street inched up on Tuesday with the S&P 500 and Nasdaq hitting fresh record highs, but gains were capped as investors remained cautious ahead of the Federal Reserve’s interest rate decision and the outcome of high-stakes US-China trade talks.The S&P 500 rose 0.2% in early trading, building on a six-day record streak, while…

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Tariff impact: Donald Trump’s new import duties could push US factory costs up to 4.5%, economists warn; flag risks to jobs, AI growth and margins

[ad_1] As President Donald Trump prepares to implement a sweeping set of new import tariffs starting August 1, a new analysis suggests these policies could significantly strain US manufacturers by raising their costs between 2% and 4.5%. The research, conducted by the Washington Center for Equitable Growth, warns that such increases may crimp already-thin profit…

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