The 90-day temporary easing of US tariffs on China has introduced a high level of uncertainty, with the Chinese auto sector weighing the short-term and long-term impact
The domestic currency opened 21 paise higher at 85.13 after ending at 85.34 against the greenback on Tuesday
Updated On : 14 May 2025 | 9:33 AM ISTIPA and Ind-Ra say Trump's MFN-based drug pricing move will impact innovators more than Indian generics, with CDMO firms likely to gain from offshore cost advantages
Updated On : 13 May 2025 | 8:55 PM ISTOn May 12, Trump signed an executive order setting a 30-day deadline for drugmakers to lower the cost of prescription drugs in the US
Updated On : 13 May 2025 | 7:00 PM ISTIndia and US trade ministers will meet in Washington from May 17 to assess progress on the bilateral trade agreement, provide political direction, and advance talks toward a broader trade pact
Rupee closed 3 paise higher at 85.52 after ending at 85.55 against the greenback on Thursday
The NSE Nifty 50 Index surged to its highest level since October this week, fueled by optimism that India could be among the first to strike a deal with the US
US levies on Chinese products imposed this year will likely hold at 30 per cent through late 2025, according to a Bloomberg survey
The United Nations on Thursday forecast slower global economic growth this year and next, pointing to the impact of the surge in U.S. tariffs and increasing trade tensions. U.N. economists also cited the volatile geopolitical landscape and threats of rising production costs, supply chain disruptions and financial turbulence. These days, there's so much uncertainty in the air, said Shantanu Mukherjee, director of the Economic Analysis and Policy Division at the U.N. Department of Economic and Social Affairs. It's been a nervous time for the global economy, he told reporters while launching the midyear forecast. In January this year, we were expecting two years of stable if subpar growth, and since then, prospects have diminished, accompanied by significant volatility across various dimensions. The U.N. is now forecasting global economic growth of 2.4% this year and 2.5% next year a drop of 0.4 percentage point each year from its projections in January. Last year, the global econo
Trump claimed that India was offering 'no tariffs' on US exports, but did not elaborate on the trade deal
Benchmark indices surged as Trump claimed India offered a zero-tariff trade deal, boosting hopes of improved Indo-US trade ties amid easing geopolitical tensions
India to discuss proposed retaliatory tariffs on US goods during trade talks starting May 17, amid efforts to finalise a broader bilateral trade agreement targeting $500 billion by 2030
After two years of strong gains, pharma fund returns slip in 2025 amid US tariff uncertainty and sector volatility, though structural tailwinds keep long-term view intact
Arvind warns its FY26 margins may be affected by US tariffs; pauses non-essential capex and awaits clarity. Exports remain strong, with demand rising and UK FTA offering new growth potential
The suspension of tariffs is pushing US importers to front-load orders from China, with shipping lines predicting an earlier-than-expected peak cargo season
External Affairs Minister S Jaishankar responds to US President Donald Trump's 'zero tariff' claim, stating that India-US trade talks are ongoing, complex, and far from final
The rally came after comments from President Trump that India had offered a zero-tariff trade deal to the United States
The domestic currency closed 27 paise lower at 85.52 after ending at 85.28 against the greenback on Wednesday
Earlier this month, Tim Cook stated that India will play a significant role in making iPhones destined for the US market
The domestic currency ended 6 paise higher at 85.28 after ending at 85.34 against the greenback on Tuesday, according to Bloomberg data