Experts widely view Trump’s tariff move as a pressure tactic to get India to agree to US terms. The US decision to impose 25% tariffs will have minimal effect on India, sources told PTI. India is clear that duty exemptions for agricultural, dairy and genetically modified (GM) products in trade agreements is a no-go area,…
US President Donald Trump has announced reciprocal tariffs on countries as the August 1 deadline came to an end. The administration has stuck to the 25% tariff on India. However, the “additional penalties”, which Trump had threatened to impose on India for doing business with Russia, remains unclear. Pakistan, which announced a deal with the…
India’s retail inflation eased to 3.34% on an annual basis in March, according to government data released on Friday. In February, inflation had dropped to a seven-month low of 3.61% year-on-year, mainly due to softening food prices. A Reuters poll of 40 economists conducted from April 3 to 8 had estimated March inflation to be…
