Trump slaps 50% tariff, US-India ties worsen. US-India ties worsen as Trump imposes steep 50% tariff. India remains among a small group of major global economies that have yet to secure a trade deal with the United States. As a result, it now faces the highest tariff rate imposed by the US on any major […]
Rupee falls 29 paise to 87.7 against dollar. On Monday, foreign institutional investors (FIIs) pulled out a significant sum from Indian equities, offloading stocks worth ₹2,566.51 crore on a net basis, according to data from the exchanges. This move signals a cautious stance by global investors amid ongoing market uncertainties and shifting global cues. Such
India indirectly funds Ukraine war through Russian oil. Last week, former U.S. President Donald Trump raised concerns over America’s trade imbalance with India, stating that the United States continues to face a massive trade deficit with the South Asian nation. Speaking at a campaign-style rally, Trump pointed out that India benefits significantly more from its
India indirectly funds Ukraine war through Russian oil. Read More »
Apple posts record India growth, more stores coming. According to Counterpoint Research Director Tarun Pathak, Apple continues to demonstrate impressive momentum in India, having achieved yet another record-breaking revenue quarter. The tech giant saw double-digit growth, reflecting its strengthening position in one of the world’s fastest-growing smartphone markets. Pathak highlighted that Apple’s strategic focus on
Apple posts record India growth, more stores coming. Read More »
US sanctions 6 Indian firms for Iran oil trade. The U.S. State Department announced sanctions on multiple companies based in India, the United Arab Emirates, Türkiye, and Indonesia. According to the State Department, the targeted firms played a crucial role in facilitating trade that violates U.S. sanctions imposed on Iran’s petrochemical sector. The action is
New UPI Rules Limit Balance, Auto-Pay August 1. Starting August 1, new UPI rules will limit the number of balance checks and auto-pay request timings per app. This aims to reduce server load and improve system efficiency across the digital payment ecosystem. Mumbai: New UPI Rules from August 1 to Improve Safety, Speed, and Reduce
Trump: India May Face 20–25% Tariff Soon. Trump Suggests India Could Face 20% to 25% Tariff, But Says Final Decision Still Pending In a move that could have significant economic and diplomatic implications, U.S. The comment came during a press interaction, where Trump was asked about potential tariff rates being considered as part of ongoing
Rupee weakens, settles at 86.52 per dollar. Foreign institutional investors (FIIs) continued their selling streak in the Indian equity markets, offloading shares worth ₹1,979.96 crore on a net basis this Friday, according to data released by the stock exchanges. This move reflects cautious sentiment among global investors amid rising uncertainties in the financial markets. The
India, UK sign trade deal: Cheaper imports. India and the United Kingdom have signed a landmark trade agreement that is set to reduce tariffs on a range of British products, including whisky, luxury cars, and various cosmetics. The move is expected to lower prices for Indian consumers while giving British exporters easier access to one
PayPal, NPCI partner to enable global UPI payments. In a significant move towards enhancing cross-border payments, Indian consumers can now use UPI (Unified Payments Interface) for seamless and hassle-free international transactions, thanks to a new partnership between PayPal and the National Payments Corporation of India (NPCI). This integration allows users to make global purchases and
PayPal, NPCI partner to enable global UPI payments. Read More »
