Gem and Jewellery Export Promotion Council says step will balance trade deficit with the US.
India won their seventh ICC trophy, while registering their third Champions Trophy triumph.
Moody's Ratings on Tuesday said India has a lower overall exposure to the US relative to others in the APAC region, although certain sectors such as food, textiles and pharmaceutical products face risks. Moody's said most companies in its rated portfolio are domestic-focused with limited exposure to the US market.
'Cases of molestation and rape are reaching the doorstep of households irrespective of their socio-economic status. That's the extent to which criminals are feeling emboldened today.'
The Balochistan Liberation Army (BLA) has undergone a significant transformation, evolving from hit-and-run attacks to carrying out sophisticated operations with tactical precision. The group's tactics and targets have become increasingly audacious, targeting security forces, Chinese nationals, and innocent civilians. Experts attribute the BLA's evolution to various factors, including the leadership of Bashir Zeb, the group's growing intelligence network, and its exploitation of the grievances of the Baloch people. The BLA's actions are a cause for concern, as the group's sophisticated attacks pose a major challenge to security forces.
I'...additional concessions, such as opening government procurement, reducing agricultural subsidies, weakening patent protections, and allowing unrestricted data flows -- demands India has resisted for decades.'
'The global climate system doesn't look at where the carbon dioxide is coming from. 'It may be emitted by the US, but it will not remain above the US alone but covers the whole world.'
Apple's ambitious strategy to expand iPhone exports, shift more production from China to India at a faster pace, and grow its domestic market hits a Trump-sized roadblock.
China has defended its newly-released AI tool DeepSeek, after several countries, including India, imposed restrictions on government officials accessing it. Beijing claims actions against DeepSeek amount to "politicisation" of trade and tech issues and vowed to protect the interests of its companies. India's Finance Ministry directed officials to avoid using DeepSeek on office devices, citing confidentiality risks. The tool has garnered global attention for its low-cost model and efficient use of resources, surpassing ChatGPT in popularity on Apple's Appstore.
'India has very strong tariffs on certain imports from the US. Like in the automobile sector, India charges 100 per cent'
During his inauguration on Monday, President Trump declared a national emergency at the US southern border.
India is working with the US on an "early" visit to Washington by Prime Minister Narendra Modi to further deepen the comprehensive global strategic partnership between the two countries, the External Affairs Ministry said on Friday. Following a phone conversation with Modi this week, US President Donald Trump said the Indian prime minister "is going to be coming to the White House, over next month, probably February". It would be Modi's first bilateral visit to Washington after Trump became US president for a second term. While confirming discussions between India and the US on the proposed visit, External Affairs Ministry spokesperson Randhir Jaiswal did not mention any possible time-line for the trip. In their phone conversation on January 27, Modi and Trump vowed to work towards a "trusted" partnership with a focus on boosting India-US cooperation in areas of trade, energy and defence. "PM Modi and President Trump had a telephone conversation recently. The two sides are working on an early visit of the PM to the US to further deepen India-US Comprehensive Global Strategic Partnership," Jaiswal said at his weekly media briefing while replying to a question. "Specific dates for the visit would be announced at the appropriate time," he said. It is learnt that both sides were initially looking at the window between February 12-14 for Modi's visit but there has been no finality on it yet. The prime minister is set to travel to Paris to attend the Artificial Intelligence Action summit on February 10 and 11. Though the US president has also been invited to the summit, his participation is not yet confirmed.
'Trump's aggressive stance towards China and preference for military posturing could shift the Quad's balance towards overt militarisation.'
Earlier, Trump has already talked about slapping "100 per cent tariffs" on the BRICS grouping, a bloc that includes India as well.
Prime Minister Narendra Modi and United States President Donald Trump on Monday vowed to work towards a 'trusted' partnership with a focus on boosting India-US cooperation in areas of trade, energy and defence in their first phone conversation since the American leader's inauguration last week.
Union minister Ashwini Vaishnaw countered Facebook founder Mark Zuckerberg on Monday on his claim that after the COVID-19 pandemic, most incumbent governments, including the one in India, lost elections in 2024, asserting that his statement was 'factually incorrect'.
Prime Minister Narendra Modi and French President Emmanuel Macron have called for enhancing trade and investment ties between their countries and committed to further deepening their engagement in the Indo-Pacific. They discussed a full spectrum of bilateral relations, including key global and regional issues, and stressed the urgent need for reform in the United Nations Security Council. The leaders also underscored their commitment to ensuring the global AI sector can drive positive social, economic, and environmental outcomes.
China has 'violated the sovereignty' of not just the United States but of countries across five continents, Secretary of State Antony Blinken alleged Wednesday, days after US fighter jets shot down a Chinese surveillance balloon.
India has confirmed that 12 Indian nationals have died while serving in the Russian military during the ongoing conflict in Ukraine. Another 16 Indians, who were serving in the Russian armed forces, are listed as missing by Russia. The Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal said a total of 126 Indians were serving with the Russian military and 96 of them have so far been discharged.
Union Minister Ashwini Vaishnaw had earlier called out the remarks made by Zuckerberg on the Joe Rogan podcast. "Mr. Zuckerberg's claim that most incumbent governments, including India in 2024 elections, lost post-COVID is factually incorrect," Vaishnaw had said in a post on X (formerly Twitter) on January 13.
The China threat continues to resonate in the strategic partnership between India and the USA, points out Rup Narayan Das.
India on Tuesday pressed Russia to release all the Indians recruited by the Russian military, following the death of another Indian national in the Russia-Ukraine conflict zone, taking the death toll to 10.
President Trump made these remarks on Monday while talking to reporters aboard Air Force One on his way back to Joint Base Andrews from Florida.
Novice investors must understand that volatility is an inherent part of equity markets and learn to navigate through such phases.
The number of cyberfraud cases has skyrocketed from 2,677 in 1999-2000 to 29,082 in FY24 -- more than a 10-fold increase. The RBI pegs digital payment frauds at Rs 1,457 crore in FY24, up more than five times in a year. It's not just the number of frauds. What's alarming is the growing sophistication of the fraudsters, exposing the vulnerabilities within the financial system, observes Tamal Bandyopadhyay.
'If the Trump administration decides to put guardrails on H-1B visas, that will surely impact both US and Indian firms.'
Over 70 Indian Hindu pilgrims returned home on Wednesday after performing religious rituals at the sacred Katas Raj temples in Pakistan's Punjab province.
'The shifts in US involvement in global conflicts and geopolitical alliances could introduce uncertainties.'
It would be a challenge to India's policy makers how to deal with Trump so that mutual economic growth remains sustained and mutual understanding on global issues are not hampered, observes Dr Rajaram Panda.
Donald Trump's Presidency of the United States will open new opportunities for India though certain sectors, especially pharma and IT, may face the heat if the incoming president decides to impose restrictions on imports and H1B visa regulations, experts said on Wednesday. Prime Minister Narendra Modi's friendly relationship with Trump will have a positive bearing on Indo-US relations but India may have to adapt its strategies to maintain cooperation in areas of mutual interest.
After a robust 2023, foreign investors significantly scaled back their investments in Indian equities in 2024, with net inflows amounting to over Rs 5,000 crore, as elevated domestic valuations, coupled with geopolitical uncertainties prompted investors to adopt a more cautious stance. Looking ahead to 2025, FPI flows into Indian equities could see a recovery, supported by a cyclical upswing in corporate earnings, particularly in domestic-oriented sectors like capital goods, manufacturing, and infrastructure, Vinit Bolinjkar, head of research, Ventura Securities, said.
US President-elect Donald Trump's pledge to impose high tariffs on three of its trading partners, including China will provide huge export opportunities for India and the domestic industry should prepare itself to tap into that, Niti Aayog CEO BVR Subrahmanyam said on Wednesday. Trump last week vowed to introduce 25 per cent tariffs (or customs duty) on imports from Mexico and Canada and an additional 10 per cent on China.
The rupee tumbled 3 per cent against the US dollar in 2024 as concerns over slower economic growth and a stronger greenback in global markets weighed, but it was among the least volatile currencies in the world and the headwinds may be less intense in the coming year.
President-elect Donald Trump's warning that BRICS countries will face 100 per cent tariffs if they choose to move away from the US dollar is unclear to what extent he will carry out his threat, as it remains to be seen if the US laws permit such an action, former RBI Governor Duvvuri Subbarao said on Monday. He also said even for BRICS, there are internal differences about bringing out an alternative to the US dollar.
The Sunrisers are once again betting big on their power-packed batting line-up to deliver the goods in IPL 2025.
Gold, a safe-haven bet, is likely to continue its record-smashing journey in the New Year, rising to Rs 85,000 per 10 grams and even Rs 90,000 level in domestic markets if geopolitical tensions and global economic uncertainties continue.
United States President-elect Donald Trump on Saturday warned BRICS countries against any move to replace the US dollar and has sought a commitment from the nine-member group that includes India, Russia, China, and Brazil.
Skipper Kane Williamson was on Saturday ruled out of New Zealand's next three World Cup matches, including the India game.
In a video message from New York on Monday night, the 75-year-old Mumbai-born author who has lived under the shadow of a fatwa since The Satanic Verses was published in the 1980s said it was important to continue to fight for the freedom to express and to publish.
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