The Indian rupee traded near record lows against the US dollar on Tuesday, slipping to 88.15 after closing at an all-time low of 88.18 a day earlier. The depreciation has provided exporters with better price competitiveness but raised concerns for import-heavy sectors.Exporters said the fall in the rupee presents a mixed picture. “On one hand,…
अमेरिका ने रूस से तेल खरीदने पर नाराजगी जताते हुए भारतीय उत्पादों पर 25 फीसदी अतिरिक्त टैरिफ भी थोप दिया है. 25 टैरिफ पहले से लागू हैं, ऐसे में भारत से अमेरिका जाने वाले उत्पादों को बुधवार से 50 प्रतिशत के भारी-भरकम टैरिफ का सामना करना पड़ेगा. इस सब के बीच अमेरिकी वित्त मंत्री को…
NEW DELHI: India’s goods exports rose 7.2% to $37.2 billion in July, snapping a two-month declining trend, while imports increased 14.7% to $64.6 billion. As a result, the trade deficit widened to $27.4 billion, the highest since last Nov.Although petrol, diesel and jet fuel exports fell 25% to $4.3 billion, it was more than offset…
US President Donald Trump’s trade advisor Jamieson Greer has said the new American tariff rates are “pretty much set” with limited scope for negotiation, defending the Trump administration’s latest round of levies, including harsh duties on Brazil.In a pre-recorded interview aired on CBS’s Face the Nation on Sunday, US trade representative Greer said the rates…
US President Donald Trump announced a 25% trade tariff on India, set to begin on the 1st of August. The announcement comes after prolonged negotiations between the two countries. In a statement, Trump said, “India will therefore be paying a tariff of 25%.” He cited India’s high tariffs, non-monetary trade barriers, and its significant military…
Top negotiators from the United States and China met in Stockholm on Monday to restart trade talks aimed at resolving long-standing economic disputes. The meeting comes days before an August 12 deadline to reach a deal and avoid a sharp increase in tariffs that could further disrupt global trade. US Treasury Secretary Scott Bessent and…
Brazil’s President Luiz Incio Lula da Silva pushed back US President Donald Trump’s threat to impose extra tariffs on Brics nations. At the end of Brics summit in Rio de Janeiro on Monday, Lula told reporters, “The world has changed. We don’t want an emperor.” He described Brics as a group of countries looking for…
India and Bangladesh will continue to work together for the welfare of their people, guided by mutual respect and understanding, said Bangladesh’s Chief Adviser Muhammad Yunus in a letter to Prime Minister Narendra Modi. Yunus wrote his letter in response to Modi’s Eid-ul-Adha greetings to the people of Bangladesh and the interim chief adviser. The…
India’s Export Widens: अप्रैल के महीने में भारत का निर्यात घाटा बढ़कर 26.42 अरब डॉलर पर पहुंच गया. ये बीते 5 महीने में सबसे ज्यादा है. हालांकि, इलेक्ट्रॉनिक और इंजीनियरिंग वस्तुओं के बेहतर प्रदर्शन की वजह से भारत का एक्सपोर्ट 9.03 प्रतिशत उछलकर 38.49 अरब डॉलर हो गया है. कॉमर्स मिनिस्ट्री की तरफ से गुरुवार…
India’s exports saw a boost of 9.1% in April, reaching $38.5 billion. However, the trade deficit increased to $26.4 billion. Imports also rose significantly, up 19% to $64.9 billion. The US became a major destination for exports. China remained the top source of imports. Petroleum and electronics imports also contributed to the increased import numbers….