Washington DC: Former US President Donald Trump’s senior trade adviser, Peter Navarro, lashed out at social media platform X after it fact-checked his remarks accusing India of profiteering from Russian oil imports. Navarro described the platform’s clarification as a “crap note,” sparking fresh controversy amid already strained India-US trade relations. In his post on X,...
Washington: A new wave of U.S. tariffs on Indian goods took effect on Wednesday at 9:30 AM IST, doubling the total import duty to 50 percent across a broad range of products. The tariff hike, enforced by the U.S. Department of Homeland Security, is expected to significantly impact Indian exporters, particularly those operating in labor-intensive...
External Affairs Minister S Jaishankar emphasized that there are clear “red lines” in the ongoing India-US trade negotiations, particularly concerning the interests of Indian farmers and small producers. Speaking at the ET World Leaders Forum, Jaishankar clarified that despite multiple rounds of talks for an interim trade deal, no breakthrough has been achieved yet due...
Amid escalating US tariffs on Indian goods, External Affairs Minister S Jaishankar has urged Russian companies to strengthen their engagement with India and explore new trade and investment opportunities. Speaking in Moscow, Mr Jaishankar highlighted India’s rapidly growing economy, ‘Make in India’ initiatives, and modernisation efforts as major drivers for collaboration. “India, with a GDP...
Russia has announced that it will continue supplying crude oil to India at a 5% discount, even as the United States increases tariff pressure on New Delhi for purchasing Russian oil amid the Ukraine conflict. Evgeniy Griva, Russia’s Deputy Trade Representative to India, confirmed the development, saying, “There will be a 5% discount, subject to...
New Delhi: Five years after the Galwan clash, India and China are working to repair their strained ties as the US, under former President Donald Trump, escalates its tariff war against New Delhi. Chinese Foreign Minister Wang Yi is currently visiting India and held crucial talks with External Affairs Minister Dr. S Jaishankar on Tuesday....
Russian President Vladimir Putin spoke to Prime Minister Narendra Modi on Monday, just days after his high-profile meeting with US President Donald Trump in Alaska to discuss ending the ongoing war in Ukraine. According to an official statement from the Prime Minister’s Office (PMO), PM Modi reiterated India’s consistent stance on the conflict, emphasizing the...
The much-anticipated Alaska summit between US President Donald Trump and Russian President Vladimir Putin concluded without a clear breakthrough, leaving India in a difficult position. Hopes for a positive outcome that could have averted an additional 25% US tariff on Indian exports were dashed, as the two leaders failed to resolve their differences over the...
Bengaluru: Following the US administration’s decision to double tariffs on Indian goods to 50 percent, Karnataka Chief Minister Siddaramaiah on Thursday accused Prime Minister Narendra Modi of “favoring headline management over genuine diplomacy and national interests.” Commending Congress leader Rahul Gandhi for his critiques of various policies enacted by the Narendra Modi government, Siddaramaiah stated...
On Thursday, Prime Minister Narendra Modi stated that he is willing to absorb the costs associated with safeguarding India’s agricultural interests, particularly as the nation confronts rising trade tensions with the United States, which has imposed tariffs as high as 50%. During his address at the MS Swaminathan Centenary International Conference, PM Modi emphasized, “The...