Unlike the banks it regulates, the RBI isn’t a company that announces a dividend. So, how does the transfer of its surplus work out?
US President Donald Trump on Thursday claimed that India had offered to 'drop all tariffs' in the wake of ongoing trade deal negotiations.
The US President on Wednesday met with Syrian President Ahmed al-Sharaa, having promised to repeal longstanding American sanctions on the country. On Tuesday, the US and Saudi committed to $600bn in investments, according to the White House.
India informed the WTO of its intent to levy counter-tariffs on the US against American levies on steel and aluminium. Meanwhile, the US president has begun a four-day visit to the Middle East to negotiate agreements in security and bilateral investments.
Why were tariffs placed in the first place, and can it be said that either of the two countries "won" the tariff war? We explain.
On Monday, US Treasury Secretary Scott Bessent announced that the US and China had arrived at an agreement to pause mutual tariffs for 90 days, and slash them by 115%. However, President Trump announced in a social media post that he would slash generic drugs prices, a move contested by pharma companies.
The reason isn’t assured MSP procurement alone. It is also because of the two cereal crops receiving priority in public breeding and research support, reflected in steady yield increases over time
US-China Trade Talks: Sunday was the second day of trade talks between the US and China. Why is the world waiting for this deal? If the deal does not go through, who will be hit worse, China or the US?
IMF loan to Pakistan: Why has the IMF given Pakistan money? Is it a loan or a grant? How is Pakistan's economy doing now, and why does the country need frequent grants and loans from other nations and institutions? We explain.
The US is set to engage in two sets of trade discussions. On Saturday, it will commence talks with China to negotiate reducing the 145% tariffs on it, while the EU is seeking a trade deal along the lines of the US-UK trade agreement.
The fact is that while the new deal may be an improvement over the April 2 situation, it is not exactly clear if it is an improvement on the situation that existed before the start of Trump’s second term.
The uncertainty created by Trump’s tariffs as well as the lack of clarity on the nature of trade negotiations especially with China has forced the Fed to adopt a wait and watch approach, much like the rest of the economy.
The US trade deficit in the first three months of 2025 stands at $394 billion — almost double of $205 billion in the first three months of 2024, and $200 in the first three months of 2023. Here's why.
UK India FTA 2025: India-UK trade was valued at £42.6 billion in 2024. For one, the deal will see India’s tariffs on whisky and gin halved. Indian professionals will also gain increased access to the UK market.
By themselves, US movies are still a massive winner for the US when it comes to international trade. Even so, there is a growing trend of movies being produced outside the US in a bid to contain costs and taxes.
Trump tariffs 2025 update: The dollar’s decline continued over the weekend, as several Asian banks resorted to offloading their USD reserves amid the appreciation of their domestic currencies. On the other hand, OPEC+, led by Saudi Arabia, announced a bid to further expand oil supply.
Diversion of maize for biofuel has turned India from a surplus producer and exporter to an importer of the feed grain. There is pressure now to even allow imports of genetically modified maize for ethanol production
Trump tariffs 2025 update: Warren Buffett says 'trade should not be a weapon'; Trump's tariffs echo Down Under.
Greg Abel Berkshire Hathaway CEO: Warren Buffett is set to step down at the age of 94. Here is why the change of guard is making waves, and what is known about Abel, as he prepares to follow one of the most well-known names in business to lead the $1.18 trillion conglomerate.
Investors have been so stressed about the calamitous effects of a prolonged trade war that the mere news of China considering talks with the US lifted sentiments
US companies such as General Motors, Harley-Davidson and Hershey have all slashed profit forecasts or indicated rising costs in view of tariffs kicking in. All this came on a day when there was more bad news on the macroeconomic front.
Along with a rise in bad loans, the demand for a farm loan waiver is also rising. Here's what ails the farm sector in Maharashtra.
This is the first set of hard data that has shown that the world’s largest economy is not doing as well under President Donald Trump as it was doing under President Joe Biden
Trump first 100 days report card: There is a growing divergence between soft data (read opinion surveys etc.) and the hard data (actual observed numbers) in the US. While the hard data is better than the soft data for the period until March end, there is a caveat when reading the hard data.
A UK-EU trade deal would be a turnaround for the two economic regions after the fractures of Brexit in 2016 and is yet another way that Trump’s tariffs are re-shaping the global economy.







