President Trump’s trade war strategy – featuring sweeping tariffs – has not curtailed China’s export machine. (AI image) Driving the news:Despite nearly a decade of US tariffs under President Donald Trump, China’s trade surplus has exploded, hitting $1.08 trillion through November – the highest ever recorded globally and a level China didn’t reach until year-end…
Deliveries of Russian oil to India are projected to decrease to around 600,000 barrels per day next month. (AI image) Donald Trump’s sanctions on Russian crude majors may have the effect of India’s oil imports from Russia dropping to a four year low in January 2026. The Trump administration has been piling pressure on India…
US President Donald Trump imposed 50% tariffs on India in August, 25% of which is a penalty for India’s crude oil imports from Russia. (AI image) India’s exports to the US have grown in October over September, despite the 50% tariffs imposed by American President Donald Trump on Indian goods. However, the exports to the…
The Union Cabinet on Wednesday approved the Export Promotion Mission (EPM) to establish a structure for enhancing India’s export capabilities. (AI image) The Modi government’s move to approve an Export Promotion Mission aimed at countering the impact of the global trade situation may be laced with implementation challenges, says Ajay Srivastava, founder of Global Trade…
Market experts expect range-bound movement influenced by mixed global factors. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Monday. While Nifty50 was above 25,550, BSE Sensex was up over 200 points. At 9:16 AM, Nifty50 was trading at 25,567.90, up 76 points or 0.30%. BSE…
Currently, Indian exports face a huge 50 per cent additional import duty in the US. (AI image) India-US trade deal soon? Commerce minister Piyush Goyal has said that India is in advanced stages of talks with the US for a bilateral trade agreement. Goyal’s statement assumes significance as it comes on the back of American…
US has imposed 50% tariffs on India, 25% of which are reciprocal tariffs while the other 25% is a penalty for India’s crude oil imports from Russia. (AI image) India-US trade deal: India and the US continue to be engaged in discussions for finalizing a trade deal, Randhir Jaiswal, official spokesperson of the Ministry of…