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BRICS banking officials discuss stronger financial links, local-currency trade and cross-border payments
BRICS banking officials discuss stronger financial links, local-currency trade and cross-border payments
The WTO has asked India to reduce trade barriers, simplify regulations and improve the business environment, while India has highlighted concerns over rising non-tariff barriers imposed by trading partners. Highlights The World Trade Organization (WTO) has urged India to continue reducing trade barriers and deepen structural reforms to improve competitiveness,...
As artificial intelligence reshapes the global economy, compute infrastructure is emerging as the most valuable strategic resource, with the US and China competing for technological and economic leadership. Key Highlights Artificial intelligence is rapidly changing the way nations compete, leading many experts to describe compute infrastructure as the “new oil”...
Both sides push to finalize interim trade deal before temporary US tariff regime ends on July 24. Key Highlights News Story: New Delhi, June 24, 2026: India and the United States have concluded a two-day ministerial-level trade meeting, reviewing progress on the proposed interim bilateral trade agreement (BTA) and discussing...
Key Highlights India is continuing discussions with the United States regarding proposed tariffs under Section 301 of the U.S. Trade Act of 1974 while simultaneously working to finalize a bilateral trade framework agreement. The proposed tariffs are currently under consultation and have not yet been finalized. India remains actively engaged...
What it means for India: Key points Why Section 301 matters Section 301 is a provision of US trade law that allows the US government to investigate foreign trade practices and, if it determines those practices are unfair or harmful to American commerce, impose unilateral trade measures such as additional...
Union Minister of Commerce and Industry Shri Piyush Goyal today said that India has set a target of achieving exports worth 1 trillion dollars this year and 2 trillion dollars over the next five years, asserting that this would be the true hallmark of an Atmanirbhar Bharat. Addressing the website...
India’s bold move to expand its export outreach to 50 new markets marks a pivotal shift in its economic strategy, driven by the urgent need to counter the crippling impact of escalating US tariffs. As global trade dynamics evolve amid geopolitical tensions, this diversification effort underscores New Delhi’s determination to...
US tariffs on Indian exports—set at 25% and compounded by penalties related to India’s trade with Russia—are fueling heightened global trade tensions and triggering a critical economic debate. A comprehensive 25-page report by SBI report on US tarrifs reveals a stark contrast in the potential fallout for both nations. While...
In early 2025, global trade showed renewed strength, with the WTO’s goods barometer rising to 103.5, its highest since 2021, driven by increased imports ahead of expected U.S. tariffs. Export orders, however, declined, suggesting a potential slowdown later in the year. The WTO forecasted 2.7% growth under a low-tariff scenario,...
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