India will now face a lower reciprocal tariff of 10 per cent, down from 25 per cent, after US President Donald Trump announced a new global levy on items imported into America in the wake of the Supreme Court verdict against his sweeping duties on several nations.
Indian exports to the US will face a 10% tariff, down from 25%, for 150 days following a US Supreme Court ruling. However, uncertainty persists due to potential further tariff hikes and long-term implications.
The official also advised all the trade partners to abide by the trade deals. The new 10 percent global tariff is part of Trump's protectionist trade agenda, aimed at addressing balance-of-payments issues and unfair trade practices.
Dubai's core promise -- that it is an oasis untouched by regional storms -- has been tested in full public view. The coming months will show whether investors view the attacks as a short-lived disruption or a deeper signal of lasting risk, points out Asif Ullah Khan.
Modi's remarks came hours after the US and India agreed on a trade deal under which Washington will bring down reciprocal tariff on Indian goods to 18 per cent from current 25 per cent.
When missiles fly in this region, they are never just aimed at military targets.
Following a Supreme Court setback, Donald Trump has announced an increase in global tariffs from 10% to 15%, impacting international trade relations and raising concerns about economic repercussions.
A US lawmaker has criticized President Donald Trump's tariff policy on India for purchasing Russian oil, urging him to reverse it immediately.
India face a tough spin challenge from England in the T20 World Cup semi-final at Wankhede Stadium, as both teams aim for a perfect game in the high-pressure knockout.
With the India-US trade talks moving in the right direction, Commerce and Industry Minister Piyush Goyal is expected to visit Washington soon, sources said.
After the US Supreme Court struck down President Donald Trump's global tariffs, Congress leader Rahul Gandhi accused Prime Minister Narendra Modi of being "compromised", saying his "betrayal" in the India-US interim trade deal stood exposed.
India all-rounder Washington Sundar was on Wednesday ruled out of the five-match T20 series against New Zealand due to a side strain.
Ricky Ponting is of the opinion that the Indian team should be focusing on playing their best XI rather than trying to get the matchups right, when they face Zimbabwe in their next Super Eight clash on Thursday in Chennai's MA Chidambaram Stadium.
Teen squash prodigy Anahat Singh upset top seed Georgina Kennedy to win her first PSA Bronze title at the Squash On Fire Open in Washington.
Congress MP Shashi Tharoor sustained a foot fracture after he slipped on the stairs while coming out of Parliament on Wednesday.
India has stated it will wait for the outcome of the elections in Bangladesh and the resulting mandate before addressing any existing issues. The country also affirmed its support for free, fair, inclusive, and credible elections in Bangladesh.
Following a joint attack by the US and Israel on Iran, India is calling for restraint and de-escalation to avoid further military confrontation in the Middle East.
India and Pakistan clash in a highly anticipated T20 World Cup match. India needs middle-order stability and a fit Abhishek Sharma, while Pakistan's spin attack poses a threat. The weather forecast predicts a high chance of rain.
Commerce and Industry Minister Piyush Goyal announced that an interim trade agreement between India and the US is likely to be signed in March and operationalised in April, with chief negotiators meeting in Washington to finalize the details.
Ravichandran Ashwin criticises India's team combination and batting order after their 76-run defeat to South Africa in the ICC Men's T20 World Cup, questioning Rinku Singh's No.8 slot and Axar Patel's omission.
'To suddenly give the impression of taking a position that is hostile to Iran, or, at least, not friendly to Iran, is not a good thing.'
Washington ruled out of T20I series against NZ; Bishnoi, Iyer added to squad
During his State of the Union address, President Trump honored Dalilah Coleman, a young crash victim, and urged Congress to pass 'Dalilah Law' to prevent undocumented immigrants from obtaining commercial driver's licenses, sparking debate on immigration and road safety.
Trump repeated the assertion that Sharif had claimed he saved "25 million lives" when he stopped the war between India and Pakistan.
'We lost the match between the 7th and 15th over. You used Bumrah's two overs early and kept the remaining two for the death. But Rohit Sharma never used Bumrah like this.'
Tensions escalate at the UN Security Council as the US and Israel defend their military actions against Iran, while Iran condemns the strikes as war crimes, raising fears of a wider Middle East conflict.
India skipper Suryakumar Yadav did not read too much into Ishan Kishan keeping the wickets ahead of Sanju Samson in the fifth T20I against New Zealand in Thiruvananthapuram, saying the stumper's duties were always supposed to be shared in this series.
India and West Indies clash in a high-stakes virtual quarter-final on Sunday, with the winner advancing to the semi-finals of the T20 World Cup.
India's cricket team intensifies spin practice, with Abhishek Sharma leading the charge, as they prepare for Wednesday's T20 World Cup match against the Netherlands.
India are looking to create history, as they aim to become the first team to successfully defend the T20 World Cup, while England will be aiming to reclaim the title they last won four years ago.
Washington Sundar has been ruled out of the ODI series against New Zealand after suffering a rib injury in the series opener in Vadodara.
'If this region destabilises, then we are not far away. This region should not destabilise.'
White House Press Secretary Karoline Leavitt noted that progress has been made in the Geneva talks with Iranian authorities, but the two nations stand 'far apart' on certain issues.
South Africa showcased their T20 World Cup title aspirations with a commanding 76-run victory over India in their Super Eight clash, fuelled by David Miller's explosive batting and a dominant bowling performance.
David Miller smashed a brilliant half-century while Marco Jansen picked up four wickets as South Africa thrashed India by 76 runs in the ICC T20 World Cup Super 8s match.
Stock market benchmark indices Sensex and Nifty surged in early trading session on Tuesday after India and the US agreed to a trade deal under which Washington will bring down the reciprocal tariff on Indian goods to 18 per cent from current 25 per cent.
India and the US have agreed to a trade deal that will see Washington reduce reciprocal tariffs on Indian goods from 25% to 18%, according to US President Donald Trump. The deal also includes commitments from India to reduce tariffs and non-tariff barriers against the US and to increase purchases of American products.
Lavrov said that the US has set itself the objective of 'achieving economic domination', adding further to it that Americans want to control the routes to leading countries to provide its energy sources to them.
Young Indian speedster Harshit Rana is likely to miss the T20 World Cup due to a knee injury sustained in a warm-up game. Skipper Suryakumar Yadav has indicated that Rana's condition "does not look good," casting doubt on his participation in the tournament.
The storm has prompted widespread travel disruption, including mass flight cancellations and warnings to motorists to stay off icy roads, while at least 20 states and Washington, DC, declared states of emergency.
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