business

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.

India, US edge closer to trade deal as PMO steps in

Indian ice cream industry sees fourfold growth, poised to reach ₹45,000 crore by 2028

India urges FATF to ease compliance for cross-border payments through UPI

United States' move to impose reciprocal tariffs

US reciprocal tariffs unlikely to hurt India, may open new trade opportunities: Niti Aayog

Compared to major US trade partners like Mexico, China, and Canada — which collectively account for 50% of American imports — India is in a more advantageous position, according to Niti Aayog Programme Director Pravakar Sahoo.

Tata Steel awards key contracts for £1.25 bn green steel project in South Wal

Over 300 skilled jobs in the local supply chain will be part of new contracts signed with Bridgend-based companies Darlow Lloyd and Sons, Wernick Buildings, and Swansea-based business, Andrew Scott Ltd.

Indian RAC market to witness surges this summer

So far in FY 25, the AC industry has seen a good demand amid rising temperatures and increasing disposable incomes.

India set to dominate as world’s leading consumer market: Morgan Stanley report

Rising economic fundamentals, a strong manufacturing sector, and a growing middle class position India as a key player in the global economy despite external challenges.

India’s steel industry unaffected by US tariffs, says top official

India's steel industry remains largely unaffected by Trump's tariff hike from 10% to 25%, as exports to the US are minimal, and the domestic market remains strong, per steel secretary Sandeep Poundrik

Trump’s trade war rattles global markets: Wall Street sell-off sparks recession fears

As investors braced for economic fallout from Trump’s tariff policies, technology stocks bore the brunt of the downturn, with the Nasdaq Composite suffering its worst single-day loss since 2022, plunging 4%.