New Delhi, Feb 19 (IANS) India’s recent interim trade agreement with the United States, which resulted in a reduction in US tariffs, is being increasingly seen worldwide as reflecting New Delhi’s strategic autonomy in taking decisions that are in national interest.“India’s response, which is seemingly rooted in a deliberate policy of strategic autonomy, reveals a pragmatic approach that prioritises national interest without surrender, as many pundits had suggested,” according to an art…
Latest US Tariffs News & Updates
New Delhi, Feb 16 (IANS) India’s combined merchandise and services exports recorded a 13.16 per cent increase to $80.45 billion in January this year, compared with $71.09 billion in the same month of the previous year, data released by the Commerce Ministry on Monday showed.The country’s merchandise exports rose 0.6 per cent year-on-year to $36.56 billion in January, despite the global economic uncertainties, the data showed.Cumulative exports of both merchandise and services (April–January)…
Mumbai, Feb 15 (IANS) Foreign portfolio investors (FPIs) have made a strong comeback to Indian equity markets in early February, investing Rs 19,675 crore in the first fortnight of the month. The renewed interest comes after three straight months of heavy selling and is being supported by the US-India trade deal and easing global macroeconomic concerns.According to data from depositories, FPIs had pulled out large sums in the previous months.They withdrew Rs 35,962 crore in January, Rs 22,611 cr…
New Delhi, Feb 4 (IANS) The Lok Sabha was briefly adjourned five minutes after reconvening on Wednesday amid the constant ruckus created by the Opposition MPs. Speaker Om Birla urged the Opposition benches to let the Question House proceed; however, the MPs continued with their sloganeering. The House was subsequently adjourned till noon.Earlier in the day, Congress MP Manish Tewari submitted an adjournment motion notice in the Lok Sabha, seeking a discussion on the India-US trade agreement. Ind…
Vapi, Jan 23 (IANS) Industries in Gujarat’s Vapi district, which earn crores of rupees in foreign exchange through exports, are currently going through a difficult phase due to the Trump-led US administration’s tariffs on Indian products. In such a scenario, there are expectations that the Union Budget presented by the Central government this time will provide relief to the local industries in the state. In the coming days, the Central government will present the Union Budget on February 1 this …
Seoul, Jan 9 (IANS) LG Electronics on Friday said it turned to an operating loss from a year earlier in the fourth quarter, amid an overall contraction in demand caused by US tariffs.Operating loss in the October-December period came to 109.4 billion won (US$75.2 million), shifting from a profit of 135.4 billion won a year earlier, the company said in a regulatory filing.The performance missed Yonhap Infomax’s projection of an operating profit of 20.5 billion won, reports Yonhap news agency.Reve…
New Delhi, Jan 6 (IANS) India is expected to deliver another year of relatively strong economic growth in 2026-27 despite the global uncertainties that continue to cloud the outlook, according to a report released by India Ratings and Research on Tuesday.The report projects India’s real GDP growth to be 6.9 per cent in FY27, easing from an estimated 7.4 per cent in FY26.According to the agency, India’s strong macro fundamentals and recent policy measures undertaken by the government should h…
Washington, Jan 5 (IANS) US President Donald Trump on Monday said the US has taken in, and will soon receive, more than $600 billion through tariffs, arguing that the policy has strengthened the country financially and bolstered national security. The President also accused the country’s media of downplaying the issue ahead of a key Supreme Court decision.In a post on his Truth Social platform, Trump said: “We have taken in, and will soon be receiving, more than 600 Billion Dollars in Tariff…