‘Trump’s way of dealing with world a departure’: Jaishankar says recent experience taught India to not rely on a single market; asserts strategic autonomy – Times of India

‘Trump’s way of dealing with world a departure’: Jaishankar says recent experience taught India to not rely on a single market; asserts strategic autonomy – Times of India

Jaishankar highlighted how Trump’s methods represent a significant shift, particularly in the use of tariffs for both trade and non-trade purposes. External Affairs Minister S Jaishankar has highlighted that India’s recent experience taught the country the importance of avoiding reliance on a single supply chain or market. He advised industries to adopt diversification as a…

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Credit over caution: Household savings in India fall to 18.1% of GDP; more Indians rely on credit to fund expenses – Times of India

Credit over caution: Household savings in India fall to 18.1% of GDP; more Indians rely on credit to fund expenses – Times of India

India’s household savings have slipped to a new low for the third consecutive year, falling to 18.1% of GDP in FY24, according to a report by CareEdge Ratings.On the other hand, household debt rose to 6.2% of GDP, almost twice as much as ten years ago, showing that more Indians are borrowing to meet their…

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Trump’s Colombia Tariff Threat Startled Companies Trying to Rely Less on China

Trump’s Colombia Tariff Threat Startled Companies Trying to Rely Less on China

Before Sunday, Colombia was quietly emerging as a refuge for multinational brands seeking a stable place to make their products in a time of geopolitical and environmental upheaval. President Trump’s threats to increase tariffs on imports from China was forcing companies to diminish their dependence on factories in that country. Businesses were setting up plants…

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