Tag Archives: Donald Trump tariffs

Currently, Indian exports face a huge 50 per cent additional import duty in the US. (AI image) India-US trade deal soon? Commerce minister Piyush Goyal has said that India is in advanced stages of talks with the US for a bilateral trade agreement. Goyal’s statement assumes significance as it comes on the back of American President Donald Trump also hinting …

US crude oil imports to India surged due to economic factors, including a favourable arbitrage opportunity. (AI image) In a move that is possibly aimed at reducing trade issues with the Donald Trump administration, India has stepped up its crude oil imports from the US substantially. Crude imports in the month of October have hit 540,000 barrels per day till …

India already faces 50% US tariffs, of which 25% penal tariffs are on account of its crude imports from Russia. (AI image) US President Donald Trump’s move to sanction two of Russia’s largest oil firms – Rosneft and Lukoil – may finally force India and China to drastically reduce or even stop their crude oil imports from Russia. Trump has …

India has shown openness to procure US energy and diversify its crude basket, but has been firm on its right to decide the source of crude oil purchases. At a time when India is engaged with the US and European Union for trade talks, Commerce Minister Piyush Goyal has made it clear that no trade deal will be signed in …

Going forward, market experts indicate that Indian stocks’ direction will be influenced by current corporate results and policy decisions from key global central banks. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, soared in opening trade on Diwali day. While Nifty50 went above 25,900, BSE Sensex was up over 600 points. At 9:16 AM, …

Market observers noted that declining US 10-year yields as rupee gained suggested foreign institutional investors were shifting focus to emerging markets, including India. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Thursday. While Nifty50 was above 25,400, BSE Sensex was up over 300 points. At 9:18 AM, Nifty50 was trading …

Expert Rupak De notes that despite Thursday’s recovery, the index remains under the 25,250 resistance level. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Friday. While Nifty50 want above 25,200, BSE Sensex was up around 200 points. At 9:24 AM, Nifty50 was trading at 25,236.00, up 54 points or 0.22%. …

Analysts indicate positive market sentiment, with expectations of sector-specific movements as Q2 results emerge. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Tuesday. While Nifty50 was above 25,050, BSE Sensex was up around 50 points. At 9:18 AM, Nifty50 was trading at 25,093.00, up 15 points or 0.061%. BSE Sensex …

Trump has valued the tariff income, declaring it has restored national wealth. (AI image) Donald Trump administration’s tariff collections – running into billions of dollars – is threatened in case the Supreme Court decides to strike down the US President’s tariff policies. Trump himself has warned that any decision against his tariff policies would spell disaster.Businesses, which have paid huge …

The Russian president indicated that to address trade disparities, Russia could increase its imports of agricultural goods and pharmaceutical products from India. (AI image) India and Russia are looking to deepen trade ties, with Russian president Vladimir Putin instructing officials to formulate strategies to address the trade imbalance. This includes increased procurement of agricultural goods and pharmaceutical products from India, …