U.S. President Donald Trump has claimed that Indian Prime Minister Narendra Modi assured him India would stop buying Russian oil. Trump called this a “big step” in efforts to pressure Moscow to end the Ukraine war and said he would now seek China’s cooperation as well.
16 October,2025 11:29 AM IST
US President Donald Trump has officially imposed a total 50% tariff on all goods from India. This comes after an earlier 25% tariff was slapped last week as “punishment” for India’s continued oil imports from Russia. Trump has now doubled down, issuing an executive order confirming the full 50% duty. The move further strains India-US trade relations and raises serious geopolitical concerns. Meanwhile, Pakistan gets a tariff cut and a new oil development deal. Is this the beginning of a full-blown trade war?
06 August,2025 10:32 PM IST
PM Narendra Modi spoke about India becoming the world’s 4th largest economy, calling it a proud moment for the country. He said that when he took office on May 26, 2014, India was ranked 11th. Now, after 10 years, India has moved up to 4th place, passing Japan. He also recalled the excitement when India moved from 6th to 5th place by overtaking the UK — the country that once ruled India for 250 years. PM Modi said this progress shows India's growing power and repeated his goal of making India a developed nation by 2047.
27 May,2025 04:53 PM IST
Under PM Modi's leadership, India is expected to have the strongest growth among major economies, with a forecast of 7.0% in 2024 and 6.5% in 2025. India, along with Brazil, is highlighted as a key emerging market showing strong growth according to the IMF. In contrast, China’s growth is slowing, projected at 4.8% for 2024 and 4.5% for 2025. Global growth is expected to stay at 3.2% for both years, lower than before the pandemic. The US economy, driven by strong consumer spending, may boost Indian exports. However, conflicts in the Middle East and Ukraine could lead to higher oil prices, impacting India’s economy. Additionally, tight monetary policies in major economies like the US and Europe could also challenge India's economic outlook.
23 October,2024 02:50 PM ISTADVERTISEMENT
