Trade war: Donald Trump’s 50% ‘penalty’ tariffs threaten India’s manufacturing goals, warns Moody’s; GDP growth could slow by 0.3%

US President Donald Trump’s decision to double tariffs on Indian goods to 50% could deal a major blow to New Delhi’s manufacturing ambitions, ratings agency Moody’s warned on Friday.Moody’s cautioned that the steep tariff gap compared with other Asia-Pacific nations could reverse some of India’s recent gains in attracting global investment, hurting both growth and … Read more

Tariff to have negligible impact; diversification remains key: PHDCCI

The 25% tariffs on Indian imports announced by Donald Trump, the US President, are likely to have a negligible impact on India’s GDP, with PHDCCI suggesting diversification in bilateral trade agreements as a strategy for the country to navigate geopolitical uncertainty and growing protectionism. The tariffs are “estimated to impact 1.87% of India’s total global … Read more

RBI keeps rates on hold, cuts inflation estimate for FY26

The six-member Monetary Policy Committee (MPC) at its 56th meeting voted unanimously to keep the policy repo rate unchanged at 5.5% and retained its neutral stance even as it maintained growth forecast for FY26 at 6.5% and lowered inflation projection to 3.1% from its earlier estimate of 3.7%. RBI governor Sanjay Malhotra said the decision … Read more

Not just cheap Russian oil, India wants much more

As India and the US spar over India’s import of Russian oil, there is much more at play than India’s need for cheap energy. The trade talks stalemate between the two countries points at issues beyond India’s refusal to open its market to certain American products. India doesn’t merely want cheap oil or a fair … Read more

Russia oil sanctions: How EU ban on Russian-origin oil imports will hit India’s fuel exporters – what the legal text says

Stringent classification of Russia-origin fuels could create difficulties for Indian exporters. (AI image) Russia oil sanctions impact: Indian exporters will likely face challenges from the European Unin’s decision to sanction oil supply with Russia as its source of origin. The European Union’s ban on Russian crude-derived fuels, set to take effect from January 21 next … Read more