Donald Trump warns Apple of 25% tariff if iPhones are made in India
WASHINGTON D.C. : US President Donald Trump on Friday again sought to pressurise Apple on its decision to increase production of its iPhone in India.Trump said that Apple will have to pay a 25
IMF’s Gopinath urges US to curb fiscal deficit, FT reports
WASHINGTON : International Monetary Fund First Deputy Managing Director Gita Gopinath said U.S. fiscal deficits are too large and the country needs to tackle its “ever-increasing” debt burden, according to an interview published by
India better placed than peers to weather US tariffs: Moody’s Ratings
NEW DELHI : India is better positioned than many other emerging markets to deal with US Tariffs and global trade disruptions due to robust internal growth drivers, a sizable domestic economy, and a low
Interim trade deal with US likely by July 8; India for full exemption from 26% additional tariff
NEW DELHI : India and the US may announce an interim trade agreement before July 8, with New Delhi seeking full exemption from the additional 26 per cent tariff on domestic goods, an official said. The US on
US importers race to create bonded warehouses amid Trump tariffs
WASHINGTON D.C. : Companies importing goods into the United States from China are rushing to convert warehouses into facilities that are exempt from President Donald Trump’s tariffs until they are ready to sell the
India’s manufacturing opportunity amid global trade uncertainty : S&P Global
NEW DELHI : India remains the world’s fastest-growing large economy despite a slowdown in real GDP growth in fiscal 2024-25. It has moderate dependence on external trade for growth, which cushions it somewhat from
India notifies port restriction move on Bangladeshi exports
NEW DELHI : The port restriction on import of certain goods from Bangladesh to India has been notified in the Gazette of India. The official gazette notification was issued on Monday and published recently.
India signs 13 MoUs with Maldives to enhance ferry services under Indian grant assistance
MALE : India has signed 13 MoUs with the Maldives for enhancing ferry services in the island nation with an MVR 100 million grant, expanding maritime connectivity and uplifting community livelihoods. The MoUs signed