US trade gap widens; India deficit at $58bn
Washington, Feb 21 (IANS) The US trade deficit widened sharply in December, capping a year in which America’s goods gap with India reached $58.2 billion.
Washington, Feb 21 (IANS) The US trade deficit widened sharply in December, capping a year in which America’s goods gap with India reached $58.2 billion.
Washington, Feb 21 (IANS) The White House has clarified that India will face a 10 per cent tariff temporarily following US President Donald Trump's announcement of a new global tariff order, replacing the earlier International Emergency Economic Powers Act (IEEPA)-based duties that were struck down by the Supreme Court.
Washington, Feb 21 (IANS) US President Donald Trump has said that a trade framework with India would remain intact despite a Supreme Court ruling that struck down his use of a particular tariff authority, insisting, "Nothing changes" for the India trade deal and describing Prime Minister Narendra Modi as "a great gentleman, a great man actually".
New Delhi, Feb 20 (IANS) With the US Supreme Court striking down reciprocal tariffs imposed by the Donald Trump administration on Friday, Indian exporters were jubilant at the news. However, around $8-9 billion worth of trade is still likely to face higher duties under national security provisions.
New Delhi, Feb 20 (IANS) The US Supreme Court’s ruling against reciprocal tariffs brings significant legal clarity and reduces tariff uncertainty for India, reinforcing limits on unilateral tariff actions, industry experts said on Friday.
New Delhi, Feb 20 (IANS) Brazil’s President Luiz Inacio Lula da Silva on Saturday announced the inauguration of the first office of the Brazilian Trade and Investment Promotion Agency (Apex) in New Delhi.
New Delhi, Feb 20 (IANS) The five-day-long AI Impact Summit 2026, held in the national capital, saw significant innovations and applications being displayed, focused on accelerating the digitalisation of the country's energy sector.
New Delhi, Feb 20 (IANS) International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Friday said that India’s goal of becoming a developed nation (Viksit Bharat) can be achieved with AI-driven innovation and expansion, and the country could harness AI to achieve its target of a $30 trillion economy by 2047.
New Delhi, Feb 20 (IANS) Revitalising apprenticeships is essential not only for enhancing employability but also for driving productivity and innovation in enterprises, NITI Aayog CEO B.V.R. Subrahmanyam said on Friday.
New Delhi, Feb 20 (IANS) The combined index of the country’s eight core infrastructure industries increased by 4 per cent in January this year compared to the corresponding figure for the same month of the previous year, propelled by the strong performance of the steel and cement sectors, according to official data released by the Commerce and Industry Ministry on Friday.