In a major setback to President Donald Trump’s trade policy, the US Supreme Court, in a 6-3 ruling, struck down sweeping global tariffs imposed under emergency powers, holding that the president exceeded his legal authority by bypassing Congress.In its majority opinion, the court ruled that the International Emergency Economic Powers Act (IEEPA) does not grant […]
Trump on tariffs (AI image) US President Donald Trump on Friday said that there will be no change in the India-US trade deal. His comments come after he announced a 10% global tariffs post the US Supreme Court deeming his reciprocal tariffs as illegal. Trump said that India will continue to pay the tariffs that […]
India-US trade deal (AI image) India-US trade deal: While the announcement of India-US trade deal brought a welcome relief rally in domestic stock markets and cheered exporters, a lot still remains unknown about the key details of the trade agreement. The biggest takeaway from US President Donald Trump and Prime Minister Narendra Modi’s social posts […]
PM Modi with Trump (file photo) India-US trade deal: Stuck for months since negotiations first began early, the India-US trade deal announcement by US President Donald Trump took everyone by surprise. Despite repeated rounds of talks, even after the US imposed 50% tariffs, the stalemate had continued with the Trump administration insisting that any trade […]
India and the US have announced a trade deal, with the Trump administration lowering the tariffs on Indian exports to 18%. (AI image for representative purpose) US President Donald Trump has reportedly agreed to remove the 25% tariff America imposed on India for its crude oil imports from Russia. A New Delhi–based source quoted in […]
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmarks, opened in red on Friday. While Nifty50 went below 25,300, BSE Sensex was down over 500 points. At 9:16 AM, Nifty50 was trading at 25,274.65, down 144 points or 0.57%. BSE Sensex was at 82,056.49, down 510 points or […]
India’s approach to sourcing crude oil is increasingly tilting toward supplies that carry lower risk. (AI image) India and the US trade talks have so far failed to yield a deal, and Russian oil continues to play a role in any tariff relief that India would want from the Donald Trump administration. India faces 50% […]
British PM Keir Starmer made light of French President Emmanuel Macron’s recent appearance in aviator sunglasses after the French president’s appearance at the World Economic Forum in Davos.The prime minister appeared at The Political Party Live at the Duchess Theatre, where he was interviewed in front of a live audience. During the show, Starmer was […]
Deliveries of Russian oil to India are projected to decrease to around 600,000 barrels per day next month. (AI image) Donald Trump’s sanctions on Russian crude majors may have the effect of India’s oil imports from Russia dropping to a four year low in January 2026. The Trump administration has been piling pressure on India […]
US President Donald Trump imposed 50% tariffs on India in August, 25% of which is a penalty for India’s crude oil imports from Russia. (AI image) India’s exports to the US have grown in October over September, despite the 50% tariffs imposed by American President Donald Trump on Indian goods. However, the exports to the […]
