Latest Updates Around The World
” decoding=”async” fetchpriority=”high”/> India’s trade surplus with the United States could exceed $90 billion annually, according to a new report from SBI. This growth was driven by rising exports and greater import potential. Indian exporters could increase exports of their top 15 products to the US by $97 billion annually, with total exports potentially exceeding […]
In what could prove to be a much-needed relief for India’s textile and apparel industry, which has been under pressure following the trade deal between Bangladesh and the United States earlier this week, Commerce Minister Piyush Goyal indicated on Thursday that the Indian textile sector may also get similar zero-tariff access to the US market […]
Union Minister for Commerce and Industry Piyush Goyal | Photo credit: ATUL YADAV Union Commerce Minister Piyush Goyal declined to specify the details of the US claim that India had committed to stop purchasing Russian oil as part of the India-US Interim Trade Framework Agreement, even as it emerged that Washington could reimpose some of […]
After three consecutive months of heavy selling, foreign portfolio investors (FPIs) turned net buyers in the first week of February, bringing in over Rs 8,100 crore of Indian equities, helped by improving risk sentiment and a trade deal with the US.The inflows follow sustained withdrawals in recent months, with FPIs withdrawing Rs 35,962 crore in […]
New Delhi: Fully built imported Harley-Davidson motorcycles will become significantly cheaper as the Indian government decides to remove import duties on these premium American motorcycles in the interim trade deal with the US.However, the removal of tariffs on high-end motorcycles – with engine capacities above 800cc – a long-standing demand of US President Donald Trump […]
Finally, both the tone and the tariffs against India have been brought down by Trump. And Prime Minister Narendra Modi, like a true Gujarati with a strong business acumen, succeeded by maintaining a strategic silence and through tactical diplomacy – speaking the loudest. And to top it all off, without any flattery or Nobel Peace […]
A sharp rise in GIFT Nifty paved the way for a strong opening on Dalal Street on Tuesday after India and the US announced a long-awaited trade deal, allaying tariff concerns that had weighed on Indian markets for months. GIFT Nifty rose nearly 800 points before easing a bit, signaling a broad-based relief rally. The […]
Volatility in global markets rarely comes from balance sheets alone; more often it results from geopolitics, policy changes and strategic uncertainty. One such problem today is the ongoing tension surrounding trade negotiations between India and the US. While both countries remain committed to reaching a mutually beneficial deal, the possibility of tariff-related disruptions has kept […]
Shares of export-reliant textile and shrimp companies witnessed renewed buying on Thursday, rising up to 8% on rising hopes of an India-US trade deal. On the sidelines of the World Economic Forum in Davos, US President Donald Trump told Moneycontrol that Washington will have a “good deal with India”, adding that he has great respect […]
Indian equity markets may show renewed cheer on the broader side, but the next decisive step will depend on earnings visibility, currency stability and progress in the India-US trade deal, said Ashi Anand, founder and CEO of IME Capital, who believes that in the near term, markets are likely to remain within a certain range […]
