business

President Murmu invites Slovak businesses to 'Make in India', highlights India as beacon of progress

During her visit to Slovakia, Droupadi Murmu promoted trade ties, praised Indian talent, and toured the Jaguar plant, underscoring India's role in global economic partnerships.

India gets temporary relief from US tariffs as China faces steep penalties

Accor and IndiGo parent firm InterGlobe aim for 300 hotels in India by 2030

RBI cuts repo rate as Trump’s tariff turmoil rattles markets

US President Donald Trump's 26% tariff on Indian imports comes into force

The 26% tariff on Indian imports, effective today, marks a significant step in President Trump’s trade strategy, responding to what he calls unfair trade practices and aiming to balance economic relations.

Sensex drops over 3.5%, Nifty falls 1,000 points amid trade war fears

The sharp decline in Indian stock markets follows a global sell-off triggered by concerns over US President Trump’s trade policies, with fears of a deeper economic downturn and further losses in US markets.

US customers demand discounts as tariff hike disrupts pricing for Indian exporters

US customers are requesting discounts of 15-25% on products ordered before the tariff hike, while Indian exporters face delays and pressure to absorb or share the additional costs.

PM Modi proposes linking UPI with BIMSTEC payment systems to boost regional trade

PM Narendra Modi’s proposal to link UPI with BIMSTEC payment systems aims to enhance regional trade, business, and tourism, fostering deeper economic integration and collaboration among member countries.

Trump declares 'economic independence' with 26% tariff on Indian goods

Citing India’s steep 52% tariff burden on US goods, US President said he opted for a calibrated response by imposing half in return.

US imposes reciprocal tariffs on India, seeks to address trade imbalances

US President Donald Trump has announced a 27% reciprocal tariff on India, aiming to address longstanding trade imbalances and enhance US competitiveness, especially in key sectors such as textiles and manufacturing.