Highlighting India’s evolving trade policy and Trump’s 90-day tariff pause, Ashley Tellis of the Carnegie Endowment for International Peace is calling for long-term vision and deeper economic ties through a comprehensive free trade agreement with the US.
Accor and IndiGo parent firm InterGlobe aim to establish 300 hotels by 2030, enhancing loyalty programs and tapping into India’s dynamic travel and hospitality growth through strategic partnerships.
The decision, announced just minutes after the new US-India tariffs took effect, signals the Central bank’s intent to support non-inflationary growth in an increasingly uncertain global environment.
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.
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 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 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.
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