On Episode 809 of The Core Report, financial journalist Govindraj Ethiraj talks to Kunal Khattar, Founder at AdvantEdge. We also feature an excerpt from Episode 3 of our series “Eye On Retail”. SHOW NOTES (00:00) Stories of the day (01:09) Fresh twist to India-US tariff deal as US Commerce Secretary Lutnick drops by (03:37) Why…
US trade representative Jamieson Greer on Tuesday outlined the Trump administration’s rationale for imposing an 18% tariff on Indian goods, citing Washington’s large trade deficit with New Delhi.Greer said the US is working to formally finalise the trade agreement with India announced earlier this week and is in the process of putting the details on…
Prime Minister Narendra Modi with US President Donald Trump (File photo) NEW DELHI/ WASHINGTON: After months of bruising trade tensions, India and the US on Monday announced a bilateral trade deal that will see Washington slash additional tariffs on Indian imports to 18%, from the current 50%, making it more competitive for textiles, leather and…
India’s approach to sourcing crude oil is increasingly tilting toward supplies that carry lower risk. (AI image) India and the US trade talks have so far failed to yield a deal, and Russian oil continues to play a role in any tariff relief that India would want from the Donald Trump administration. India faces 50%…
File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump on Thursday said the United States is set to receive around $600 billion in tariff revenue, adding that the figure is expected to be “much more than that” next year. Trump made the remarks while addressing the World Economic Forum (WEF) Summit…
US President Donald Trump on Wednesday waived tariffs scheduled to hit European allies after claiming that he had reached a framework for a deal over Greenland. In a social media post on Truth Social, Trump said the tariffs that had been scheduled to take effect on February 1 would no longer go ahead. “Based upon…
French president Emmanuel Macron on Tuesday said Europe would not be intimidated or “give in to bullies,” delivering his strongest rebuke yet of US president Donald Trump’s threat to impose steep tariffs if Europe blocks a US takeover of Greenland.Speaking at the World Economic Forum in Davos, Macron said France and Europe would not “passively…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, dropped in opening trade on Monday as fears of fresh Donald Trump tariffs spooked global markets. While Nifty50 went below 25,600, BSE Sensex was down over 350 points. At 9:16 AM, Nifty50 was trading at 25,578.70, down 116…
US President Donald Trump threatened multiple European countries with 10% tariff as he escalated his bid to take control of Greenland. The 47th POTUS said that starting February 1, eight European countries will face a 10% levy on goods sent to the US.In a lengthy statement posted on social media, Trump accused Denmark and other…
Recent geopolitical tensions and Trump tariffs on India highlight the need for India to step up focus on its energy security. (AI image) Oil is called black gold – and for a reason – it’s the fuel that drives economic growth and oil security is increasingly becoming crucial in a world fraught with geopolitical uncertainties…