India and the US are nearing a long-stalled trade deal that would reduce American tariffs on Indian imports to 15 per cent to 16 per cent from 50 per cent, Mint reported, citing three people aware of the matter. US President Donald Trump said he spoke with Prime Minister Narendra Modi on Tuesday. (PTI file) […]
The Confederation of All India Traders (CAIT) has estimated that trade across India on the occasion of Dhanteras is expected to cross ₹1 lakh crore, with gold and silver sales alone exceeding ₹60,000 crore nationwide. Gold necklaces at a Umedmal Tilokchand (U.T) Zaveri jewelry store at Zaveri Bazaar ahead of the festival of Dhanteras in […]
Prices of gold and silver rose to records as fears about credit quality in the US economy and a “US-China trade war” called out by President Donald Trump strengthened demand for havens. Some traders to book cargo slots on transatlantic flights for silver bars—an expensive mode of transport typically reserved for gold—to profit off higher […]
US President Donald Trump said he saw the US as locked in a trade war with China, even as Treasury Secretary Scott Bessent proposed a longer pause on high tariffs on Chinese goods to resolve a conflict over critical minerals. US President Donald Trump. (AFP) “Well, you’re in one now,” Trump said Wednesday when asked […]
India’s trade deficit in September widened the most in eleven months as 50% US tariffs took effect in the world’s fourth largest economy. Shipping containers at Mundra port in Gujarat. The 50% US tariffs on India came into effect on 27 August 2025. (Reuters) The gap between exports and imports stood at $32.15 billion in […]
India and Brazil, two of the largest emerging market hit hardest by Donald Trump’s trade wars, are deepening their ties, betting that a united front will help them find new market to skirt US tariffs. India’s Prime Minister Narendra Modi and Brazil’s President Luiz Inacio Lula da Silva in Brasília in July 2025. Both India […]
Gold prices rose to a fresh record to just shy of the $4,200-per-ounce levels on Wednesday, after Jerome Powell hinted at more US Fed rate cuts and amid US-China trade war. The safe-haven gold has gained 59% year-to-date, driven by multiple factors. (Reuters) Spot gold was up 0.9% at $4,178.15 per ounce, as of 0448 […]
India is fast-tracking trade talks with the US with the goal of concluding deal negotiations by next month, according to people familiar with the matter, even as Russian oil imports remain a sticking point. Prime Minister Narendra Modi (left) and US President Donald Trump. (AFP) New Delhi is working on a plan that would be […]
The Delhi airport, reeling from the impact of closure of Pakistan’s airspace for Indian airlines, is seeing newer carriers from Central Asia touchdown. Central Asia is the newest addition to the travel story of jet-setting Indians. (Raj K Raj/HT Photo) Central Asian airlines are flocking to India like never before, so much so that there […]
Simultaneously, Indian Oil, BPCL and HPCL have begun talks with national oil companies in the Middle East and Africa for term deals for 2026. Source link