Trump Slaps 25% Tariff and Penalty on India Over Russia Ties

Trump Slaps 25% Tariff and Penalty on India Over Russia Ties

US President Donald Trump has announced a 25% tariff on Indian goods starting August 1, along with an additional penalty over New Delhi’s continued oil and military imports from Russia amid the ongoing Ukraine conflict. In a post on Truth...

Reliance, ONGC, and BP Join Hands to Explore Oil Block in Saurashtra Basin

Reliance, ONGC, and BP Join Hands to Explore Oil Block in Saurashtra Basin

Reliance Industries Limited (RIL) has signed a joint operating agreement with Oil and Natural Gas Corporation (ONGC) and BP Exploration to begin oil and gas exploration in a block located off India’s western coast in the Saurashtra basin....

IMF Raises India’s FY26 GDP Growth Forecast to 6.4 percent Amid Easing Trade Tensions

IMF Raises India’s FY26 GDP Growth Forecast to 6.4 percent Amid Easing Trade Tensions

The International Monetary Fund (IMF) has revised India’s GDP growth forecast upward to 6.4 percent for both FY2025-26 and FY2026-27, citing easing global trade tensions and improved international financial conditions. This marks a 20-basis...

Trump May Raise Tariffs to 20% on Countries Without US Trade Deals

Trump May Raise Tariffs to 20% on Countries Without US Trade Deals

In a major announcement, US President Donald Trump said on Monday that he may soon apply a flat tariff of 15 to 20 percent on imports from countries that do not have individual trade deals with the United States. Speaking in Scotland alongside UK...

Finance Ministry Projects Steady FY26 Growth Amid Global Uncertainty

Finance Ministry Projects Steady FY26 Growth Amid Global Uncertainty

India’s economy has entered Q2 of FY26 on a strong footing, supported by resilient domestic demand, controlled inflation, and a favourable monsoon, according to the Finance Ministry’s Monthly Economic Review for June 2025. The report...

India and New Zealand Move Closer to Free Trade Agreement After Second Round of Talks

India and New Zealand Move Closer to Free Trade Agreement After Second Round of Talks

India and New Zealand completed the second round of Free Trade Agreement (FTA) talks in New Delhi on July 25, marking another important step toward boosting trade between the two countries. The negotiations, held from July 14 to 25, focused on key...

U.S. and China Meet in Sweden to Extend Tariff Truce, Lay Groundwork for Trump–Xi Summit

U.S. and China Meet in Sweden to Extend Tariff Truce, Lay Groundwork for Trump–Xi Summit

Senior officials from the United States and China began high-level trade talks in Stockholm on Monday, 28th July, aiming to extend their current tariff ceasefire beyond the August 12 deadline and ease mounting tensions between the world’s...

India and Maldives Sign Eight Major Agreements During PM Modi’s Visit

India and Maldives Sign Eight Major Agreements During PM Modi’s Visit

India and the Maldives signed eight important agreements on Friday during Prime Minister Narendra Modi’s visit to the island nation. The deals include cooperation in areas like debt repayment, fisheries, digital payments, and a new line of...

Britain Signs a Major Free Trade Agreement with India during Modi’s Trip

Britain Signs a Major Free Trade Agreement with India during Modi’s Trip

India and the United Kingdom have signed a landmark Free Trade Agreement (FTA), marking a significant step forward in strengthening their economic and strategic ties. The agreement was signed during Indian Prime Minister Narendra Modi’s...

PM Modi Begins Two-Day UK Visit to Strengthen Economic and Strategic Ties

PM Modi Begins Two-Day UK Visit to Strengthen Economic and Strategic Ties

Prime Minister Narendra Modi arrived in London on Wednesday, beginning a two-day official visit to the United Kingdom. The visit marks a key moment in India’s efforts to deepen its economic and strategic relationship with the UK, with a...

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