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TARIFF REDUCTION PROSPECTS
India has ample buffers to weather headwinds from Middle East conflict: World BankThe World Bank stated India is well-positioned to handle the global energy shock due to strong buffers like high foreign exchange reserves ...
World Bank raises India’s FY27 growth forecast to 6.6%India's economic growth forecast for FY27 is now 6.6 percent. This is an upgrade from previous projections. Strong domestic demand and expo...
OECD: Iran war erases global growth upgrade, fans inflationGlobal economic growth faces a setback due to the Middle East conflict. Energy shipments through the Strait of Hormuz are nearly halted, ri...
India luxury car demand resilient despite West Asia crisis: LamborghiniLamborghini anticipates stable super luxury car sales in India this year. New customers and improved infrastructure are driving demand. How...
Tariff relief on US nuts could lower landed costs by up to 50%, boost consumption: NDFC PresidentWith the US accounting for nearly 93% of India’s almond imports, trade liberalisation under the FTA could redefine sourcing, retail pricing...
Sectoral divergence growing, markets watching both macros and micro moves: Rajeev AgrawalRajeev Agrawal of DoorDarshi India Fund expresses concern over the lack of progress in India-US trade negotiations, especially compared to ...
Japan's Nikkei edges lower as tariff stalemate weighsJapanese shares fell slightly on Wednesday, reacting to a selloff in U.S. technology heavyweights and uncertainty about trade tariffs, with...
Fearing further market meltdown, Germany's Merz calls for swift action on tariffsFriedrich Merz urged immediate action to improve Germany's competitiveness amid a downturn in stock and bond markets, intensified by Trump'...
After JPMorgan, Barclays, and BofA sound alarm on U.S recession following Donald Trump's stiff tariffs, here's what you need to knowMajor banks like JPMorgan, Barclays, and Bank of America have issued warnings about a potential global recession following US president Don...
IT stocks tumble as outlook turns hazyThe Nifty IT index tumbled 4.2% - the biggest loser among sector indices. Shares of Persistent Systems plunged 10%, while Coforge dropped n...
Top Fed official backs more rate cuts even if Trump tariffs materialiseA top official at the US Federal Reserve, Christopher Waller, supports cutting interest rates this year. He believes inflation will move cl...
GSPL shares hit 20% lower circuit after tariff order disappointsGSPL shares plunged 20% to Rs 302 as PNGRB slashed tariffs for its high-pressure network by 47% to Rs 18.1/mmbtu from Rs 34.0/mmbtu, contra...
India-UK FTA: Not a zero-sum game, but 'give and take'While the potential to expand trade in goods and services exists for both India and UK, translation of the same into actual trade flows wil...
Extend payment term for telecom dues, charge lower interest: COAIWe have been suggesting a couple of things to the government, says Rajan Mathews.
India, Australia plan to sign FTA by DecemberAustralia is pushing for tariff reduction in dairy, fresh fruit, pharma, meats and wines. India wants zero tariff on auto parts and textile...
New tariff rules being mulled for port operatorsIt will examine whether these operators have really taken a hit on their profitability as they claim and whether they are resorting to hand...
- Trade openness good for both rich & poor countries
Trade not aid’ has been the rallying cry of not only free trade enthusiasts but increasingly of development economists as well.