Latest Updates Around The World
Oil prices fell 1% on Monday as the US and Iran moved towards a third round of nuclear talks, easing concerns about a potential conflict, while President Donald Trump created uncertainty for global growth and fuel demand with a new round of tariff hikes. Brent crude futures were down 75 cents, or 1.05%, at $71.01 […]
Indian markets enter the market on Monday amid fresh uncertainty after US President Donald Trump announced temporary tariffs on virtually all US imports will be raised from 10% to 15%, just a day after the US Supreme Court lifted its previous sweeping tariff program.The back-to-back moves have left investors wondering whether this is a short-term […]
The Indian textile industry is entering a decisive phase as the recent tariff easing by the US greatly improves its global competitiveness and resets the sectoral economy.The immediate reduction in US tariffs on Indian textiles from 50% to 18% has brought long-awaited relief to an industry that has been struggling with margin compression, regulatory costs […]
The US decision to sharply cut tariffs on Indian goods should strengthen the rupee and boost Indian stocks, strategists and fund managers say.US President Donald Trump announced he would cut his 25% tariff on Indian goods to 18% after Prime Minister Narendra Modi agreed to stop buying Russian oil during a phone call. Trump is […]
Indian traders are bracing for a year of record government debt supply, which could keep borrowing costs high in the country’s $1.3 trillion bond market.Finance Minister Nirmala Sitharaman’s Feb. 1 budget could raise gross debt 11% to 16.5 trillion rupees ($180 billion) for the fiscal year starting April 1, according to the average estimate of […]
US President Donald Trump’s latest threat of tariffs against Europe – fueled by tensions over Greenland – has left Germany in a fragile situation just as the country showed the first signs of recovery from years of economic stagnation, AFP reported.Berlin and export-oriented German companies were caught off guard when Trump renewed his tariff warnings […]
India’s export performance has remained steady even as global markets face volatility, said SBI Research, which shared its assessment. According to news agency ANI, the report states that goods exports between April and September in FY26 reached $220 billion, up 2.9 percent from $214 billion in the same period last year. Exports to the United […]
Although this step by Australia opens a new market for shrimp farmers, the volumes are not very high. | Photo credit: H.VIBHU Australia’s lifting of the ban on the import of shelled shrimp from India gives a respite to the country’s shrimp farmers, who are suffering heavy losses due to the 50 percent tariffs imposed […]
According to the exports, Indian exporters can take advantage of the ongoing tensions between the US and China by taking advantage of the opportunity to increase their exports to the US market.Federation of Indian Export Organizations (FIEO) chairman SC Ralhan said the higher tariffs imposed by the US on Chinese goods could shift demand to […]
A worst-case scenario with a 35% rate across the board could mean a moderate recession in the short term and 5% dented economic growth in the long term, while a middle rate of tariffs averaging 15%, similar to other trading partners such as Europe or Japan, could mean significantly slower growth in the near term […]
