Mumbai, Feb 21 (IANS) India is pursuing currency diversification alongside efforts to strengthen supply chains and expand exports through free trade agreements to counter US administration's pullback from Indo-Pacific Economic Framework for Prosperity (IPEF), a new report has said.
New Delhi, Feb 21 (IANS) The US Pax Silica initiative represents a new strategic framework for the world where cooperation in semiconductors, critical minerals and AI infrastructure, potentially replaces conflict over technology, according to Industry experts.
New Delhi, Feb 21 (IANS) After the US Supreme Court struck down reciprocal tariffs imposed by the Donald Trump administration, the White House has released a Fact Sheet, explaining that Trump has now invoked his authority under “Section 122 of the Trade Act of 1974”, which empowers the President to address certain “fundamental international payment problems” through surcharges and other special import restrictions.
New Delhi, Feb 21 (IANS) As US Supreme Court struck down President Donald Trump’s use of emergency powers to impose sweeping “reciprocal” tariffs, analysts said on Saturday that roughly 55 per cent of India’s exports to the US is likely to be subjected to Most Favoured Nation (MFN) tariffs, instead of 18 per cent duties (which have now been lowered to 10 per cent).
Mumbai, Feb 21 (IANS) The Indian equity benchmarks posted mild gains on a weekly basis, despite several sessions of sharp declines in the IT index.
New Delhi, Feb 21 (IANS) Leading industry leaders, during the ‘AI Impact Summit 2026’, examined whether AI agents are fundamentally disrupting the traditional software-as-a-service (SaaS) models, and cautioned against oversimplification.
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.
