Creative Bharat
The PMI after seasonal adjustments, declined to 56.6 in November from October’s 59.2. (AI image) US President Donald Trump’s 50% tariffs on India have hit the manufacturing sector, but the impact has been somewhat cushioned by diversification to other countries. The manufacturing activity in India experienced a slowdown to a nine-month low during November, attributed […]
Elon Musk on Nikhil Kamath’s podcast In a wide-ranging conversation with Zerodha cofounder Nikhil Kamath on the “People by WTF” podcast, Elon Musk shared his perspectives on various topics including US trade policies. The Tesla CEO touched on issues ranging from President Donald Trump’s tariff strategy to the H‑1B visa system, while also offering a […]
India’s engineering goods exports fell a steep 16.71 per cent year-on-year in October 2025 to $9.37 billion, primarily due to a sharp drop in shipments to the US and a high base effect, the Engineering Export Promotion Council of India (EEPC) said on Saturday.Exports to key markets recorded widespread declines, with the Asean region seeing […]
The fall was led by more than 80 per cent decline in exports of ‘aircrafts and spacecraft’ and ‘ships, boats and floating structures’, according to panel-wise analysis of the data. | Photo Credit: Getty Images India’s engineering goods exports to the US declined 14.5 per cent (year-on-year) in October 2025 to $1.39 billion against $1.63 […]
File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump on Saturday defended his sweeping tariff regime, saying the duties had made the country “Rich, Strong, Powerful, and Safe,” in a post on his Truth Social account. Trump argued that because of the tariff framework he “set in place,” the United States […]
India’s exports to its largest export market, the United States, have suffered a sharp reversal under the impact of aggressive tariff hikes. Between May and October 2025, shipments fell 28.5 per cent, plunging from $8.83 billion to $6.31 billion, according to trade-focused think-tank Global Trade Research Initiative (GTRI). The decline in exports followed a rapid […]
Rajesh Agrawal, Commerce Secretary India is hopeful that an India-US framework trade deal – addressing US tariffs of 50 per cent imposed on Indian goods – can be reached by the year-end, but a political call needs to be taken on some of the sticking issues, Commerce Secretary Rajesh Agrawal has said. “Even if there is […]
India’s economic growth is expected to come in strong for the second quarter of the current financial year, with GDP likely to rise 7.5 per cent, according to a report by Union Bank of India. This would be significantly higher than the 5.6 per cent growth recorded in the same quarter of the previous financial […]
India’s economy is estimated to grow at 6.6 per cent in 2025-26, the International Monetary Fund said, noting that the Goods and Services Tax reforms are likely to help cushion the country from the adverse impact of the 50 per cent tariffs imposed by the US. “India’s economy has continued to perform well. Following the […]
File photo (Picture credit: AP) The United States began the 2026 fiscal year with a $284 billion federal deficit in October, a figure shaped by record tariff revenue but also distorted by a major shift in benefit payments and delays caused by a 43-day federal shutdown. The Treasury said the shutdown postponed some agency spending, […]
