India-based corporates have limited direct exposure to US tariffs, but sectors such as pharmaceuticals that are currently unaffected could face risks if Washington announces further measures, Fitch Ratings has cautioned.The US has imposed a 25% “reciprocal” tariff on Indian goods from August 7, 2025, and an additional 25% levy will take effect on August 27, […]
India’s economy is relatively less trade-oriented, with external demand contributing only 15 per cent of the overall economy and 85 per cent driven by domestic factors | Photo Credit: Kagenmi S&P Global Ratings on Tuesday said high US tariffs are unlikely to impact India’s long-term growth prospects as the government is focused on economic reforms […]
Pharmaceuticals, one of India’s biggest export earners, could come under strain if the United States announces fresh tariffs, Fitch Ratings has warned in a new Fitch Wire report. The rating agency said while Indian corporates generally have low direct exposure to current US tariffs, the pharmaceutical industry remains vulnerable to future trade measures. The US […]
The Federation of Indian Coir Exporters Associations (FICEA) has urged the government to intervene to resolving the crisis that has arisen following the 50 per cent tariff imposed by the United States on coir imports from India. FICEA chairman Roby Francis and secretary general Sajan B. Nair pointed out that the present crisis needed to […]
After the US imposed a 50% tariff on India for buying Russian oil, many are questioning why China was spared such action despite being one of Russia’s biggest oil buyers.US President Donald Trump said on Friday (local time) that he does not see an immediate need to impose retaliatory tariffs on countries like China for […]
Democrats rip into Trump’s tariff move (Picture credit: AP) Democrats on the US House Foreign Affairs Committee have sharply criticised the Trump administration’s warning of higher tariffs on India if talks with Russian President Vladimir Putin fail to produce results.Responding on social media platform X to comments by US treasury secretary Scott Bessent, the Committee […]
Trump and Putin met in Alaska US President Donald Trump said he may consider imposing tariffs on countries purchasing Russian oil “in two or three weeks,” though not immediately, following his meeting with Russian President Vladimir Putin in Alaska.“Well, because of what happened today, I think I don’t have to think about that,” Trump told […]
US President Donald Trump is loading another tariff bullet, this time aimed at semiconductor chips and steel.The move, expected to be announced in the coming weaks, could shake the already rattled global trade.“I’ll be setting tariffs next week and the week after on steel and on, I would say, chips,” Trump told reporters aboard Air […]
AI image India is facing a difficult strategic choice after the US imposed a steep 50% country-specific tariff on most Indian goods, on top of existing duties, according to the Global Trade Research Initiative (GTRI).Founder Ajay Srivastava was quoted by news agency PTI as saying that the options range from negotiating or retaliating to diversifying […]
Ever since Donald Trump returned to US President’s office in January 2025, there has been a visible uptick in Indian refiners’ engagement with US suppliers. India’s annual cargoes from the US are likely to hit second-highest on record in the current calendar year (CY). Global real-time data and analytics provider Kpler points out that the […]
