Narendra Modi rejects Donald Trump calls four times as India-US tariff war explodes

Indian Prime Minister Narendra Modi has rejected four phone calls from US President Donald Trump as the countries' relations sour, a German newspaper reported. The report in Frankfurter Allgemeine Zeitung (F.A.Z.) claimed that Modi remained frustrated …

Oil prices little changed as market awaits impact of US tariffs on India

Oil prices were little changed on Wednesday, after falling in the previous session, as the market awaits massive new U.S. tariffs on India, the world's third-largest crude consumer, in response to its purchases of Russian supply. The U.S. is set to …

Israeli military vehicle producer signs agreement to manufacture in India's Punjab region

India's TCS forms AI-focused unit and names insider Kapur as head, company memo shows

BENGALURU :India's largest IT firm Tata Consultancy Services formed a new unit for artificial intelligence-based operations on Tuesday and named insider Amit Kapur as its chief, a company memo seen by Reuters showed. The new AI and services …

Trump tariffs: What gives India confidence to stand tall?

Soon, US President Donald Trump's 25% additional tariffs on India, for buying Russian oil, will come into effect, taking the total tariffs to 50%. The sweeping tariffs on Indian exports will target $60.2 billion worth of goods including labour- …

US consumers to pay the price of Trump’s tariffs on India & others

Indian exporters are bracing for disruptions after a US Homeland Security notification confirmed Washington will impose an additional 25% tariff on all Indian-origin goods from Wednesday, ramping up trade pressure on the Asian nation. But Trump’s tariff …

Amid tariff woes for India, US weighs energy deals with Russia even as Ukraine war rages

U.S. and Russian officials recently discussed a series of potential energy deals on the sidelines of peace negotiations aimed at ending the war in Ukraine, Reuters reported, citing five sources familiar with the talks. According to the report, the proposed …

India expects condemnation of cross-border terrorism by upcoming SCO summit in China

India on Tuesday said it expects the Shanghai Cooperation Organisation (SCO) to strongly condemn cross-border terrorism at its annual summit in the Chinese city of Tianjin next week, comments that came ahead of Prime Minister Narendra Modi's visit to …

India, US hold 2+2 Intersessional Dialogue amid tariff tensions

Senior officials of India and the US have discussed bilateral ties in the areas of trade and investment, critical minerals, and energy security, including strengthening civil nuclear cooperation. The virtual talks held on Monday under the framework of …

US tariffs may shave 30-80 bps off India’s GDP growth this fiscal

India's economic growth could take a hit of 30-80 basis points this fiscal year with the US government applying a 50% tariff on Indian goods from Wednesday, said economists. They however emphasised that strong domestic demand and relatively low …