India's trade deficit with China neared $100 billion in FY25, amid escalating concerns of dumping, data released by the commerce department on Wednesday showed. Chinese imports rose by 11.5 per cent to $113.45 billion, while outbound shipments to the neighbouring country saw 14.5 per cent contraction to $14.2 billion.
Industry insiders in India warn that any such move in the pharmaceutical sector could be counterproductive for the US as it may face increased drug shortages if tariffs are imposed on such imports.
Here is a list of Q & As to explain these issues and implications of the US move.
Prime Minister Modi on Saturday congratulated President Trump and the people of the US on the country's 244th Independence Day, saying as the world's largest democracies "we cherish freedom and human enterprise that this day celebrates".
'Surgical strikes or air strikes, or both, are likely on the table.'
A fresh US executive order (EO) which seeks to bring down prices of prescription drugs in the country by up to 90 per cent -- on par with other developed nations -- will affect innovator companies, while sparing the Indian generic drug makers in the short term. US President Donald Trump signed the EO on Monday, directing the US Trade Representative and the Secretary of Commerce to act against foreign countries that "purposefully and unfairly undercut market prices", driving price hikes in the US.
President Trump with his MAWA has unwittingly provided us this opportunity. Will PM Modi grasp this and leave a legacy of an ushered in scientific and technological revolution in India, asks Colonel Anil A Athale (retd).
Virat Kohli became the first Indian to complete 13,000 runs in T20 cricket, during the IPL 2025 match against MI on Monday.
Amid the ongoing global tariff war, Reserve Bank Governor Sanjay Malhotra on Wednesday said he is more worried about its impact on growth than inflation. Speaking to the media after presentation of the first bi-monthly monetary policy for the current financial year, Malhotra said, RBI has reduced the growth forecast for 2025-26 by 20 basis points to 6.5 per cent.
The Indian exporting community is "very" concerned about the possible reciprocal tariffs of the US as it could severely hurt MSME shipments to America in the short run, Federation of Indian Export Organisations President SC Ralhan said on Wednesday. He suggested that the government should come forward and support exporters to deal with these tariffs.
'India will want a lot of help from the US, but it's not going to want US troops.'
In a significant policy announcement from the Oval Office, President Donald Trump has declared a 25 per cent tariff on all imported vehicles entering the United States, a move he described as "very exciting" for domestic manufacturing. The tariffs, set to take effect on April 2, will impact nearly half of all vehicles sold in the United States, including American brands assembled overseas.
Victory Day marks the end of World War II when the Soviet Army defeated Nazi Germany and captured Berlin.
'...I'll say this to my fellow Americans, the more ties that we have to more Indians and the more ways we can find to grow our economic and educational exchanges, the stronger America and India.'
Senior Congress leader Shashi Tharoor said on Tuesday that judging by US President Donald Trump's initial statements, there is never going to be a dull moment during his presidency, and expressed hope that the Indo-US ties are in a "good shape". He also raised concerns about the potential impact of Trump's policies on trade and illegal migration on India. Tharoor said that there might be pressure on India to either remove tariffs on American goods or suffer high tariffs on Indian exports to America.
Harvard University has filed a lawsuit against the Trump administration over its decision to revoke the university's certification to enroll foreign students. The lawsuit claims that the government's action is unlawful and unwarranted and that Harvard is not Harvard without its international students. The university argues that the government's decision will have a devastating effect on Harvard and its thousands of international students. The lawsuit comes a day after the Trump administration ordered the Department of Homeland Security to terminate Harvard University's Student and Exchange Visitor Program (SEVP) certification.
331,602 Indians are studying in the US, making India the 'top sender' of international students to America for the first time in 15 years, as it overtook China for the academic year 2023-2024.
Senior Congress leader Shashi Tharoor welcomed the extradition of Tahawwur Hussain Rana, a key accused in the 26/11 case, and said everyone associated with the conspiracy of the Mumbai terror attacks must face the court of justice. He described Rana's extradition as a "step forward for justice." Rana, a Pakistan-born Canadian national and close associate of David Coleman Headley, is being brought to India after his last-ditch attempt to evade extradition failed. Tharoor expressed hope that the interrogation of Rana would provide more details about the Mumbai attacks and said he was "very glad" that Indian authorities managed to get Rana's custody.
Lillian Carter, a trained nurse and a Peace Corps worker, spent two years of her life, when she was in her late 60s, serving the poor in India, in the 1960s. She was posted as a volunteer to Vikhroli, then a village 30 km outside of Mumbai and a Godrej township, and was there from 1966 to 1968.
Prime Minister Narendra Modi has praised US President Donald Trump in a podcast, describing him as a "man of courage" and saying they share a "mutual trust" based on their "America First" and "India First" philosophies. Modi recalled Trump's resilience after being shot at during the US election campaign and his willingness to engage with the public at a community event in Houston. He also highlighted the shared nationalistic approach they both embrace.
'Unfortunately, we live in a 'Mainstream Bollywood' bubble, where we cannot look beyond films that we ourselves find entertaining.'
The only silver lining in March's performance -- which otherwise dragged down the financial year's momentum -- was a 6 per cent year-on-year (Y-o-Y) growth compared to March of the previous year. This is largely due to incentives, festival-driven gains, and new launches.
Ahead of the visit, officials from key government departments held intense discussions to identify key trade-related proposals.
'Entering India is exciting, but it's also challenging. You have to be prepared for long-term investment.'
Seafood is one of India's largest agricultural exports after basmati rice and buffalo meat.
The move by the US President came following a retaliatory move by China, where it increased its tariff on US goods from 34 per cent to 84 per cent starting April 10.
The ISI strategy has been to use its proxies to target Hindus in India. They want an outrage and counter-targeting of India's minorities. Further, even the whiff of it restores the Pakistan army's popularity, especially when it's in the dumps, like now, points out Shekhar Gupta.
'Unsurprisingly, Trump shared Modi's podcast with Fridman on his Truth account.' 'The intentions of Trump, a transactional president, are never easy to tell.' 'We will know in the next fortnight if and when he unfolds reciprocal tariffs on Indian goods, whether Modi's flattering words made any significant difference to Trump's compass,' notes Ambassador M K Bhadrakumar.
'Everyone with a low BMI will not get Type 5 diabetes.'
The India-United States relationship is set to expand under the Donald Trump administration, but there could be some unease on issues like imports, tariffs and immigration, strategic affairs experts said after the Republican leader won the fiercely contested presidential election.
Sanju Samson's technical weaknesses against express pace along with Rinku Singh's dip in form and fitness issues will be a concern for India
K Krithivasan -- the chief executive and managing director of TCS -- believes that the tariff moves-induced uncertainty impacting the sector will be "short-lived" and expects it to get resolved within "months".
He further criticised South Africa's use of the G20 platform to promote "solidarity, equality, and sustainability" to promote "Diversity, Equity, and Inclusion (DEI) and climate change."
The US is currently Earth's most powerful country and a certain latitude of understanding -- a world view -- is popularly expected from its leadership. From a country identified with freedom, constitution, debate, democracy and the likes of Abraham Lincoln even as it had the most powerful military around, the US, following Trump's actions, seemed repositioned as militarily powerful with other qualities secondary, observes Shyam G Menon.
'India today feels enough is enough and we need to teach Pakistan a lesson.' 'Unless compelled, Mr Modi will think 10 times before taking the extreme step.'
'April 9 announcement of slapping a 125% tariff on Chinese goods has brought the focus back to China, making this new phase feel like a repeat of the original conflict.'
The trade war between the US and China is expected to benefit Indian exporters in increasing their shipments to the American market, sources said. They said the country was the fourth-largest gainer when the US imposed higher duties on Chinese goods during US President Donald Trump's first tenure.
'It could take the form of sporadic LoC violation through heavy artillery and mortar fire, focusing on border villages where the Hindu Dogra population is predominant.'
The US citizen, who appeared and argued in person before the bench, said if he left India, he would be "cornered".
Stock markets will be driven by further developments on the US-China tariff war front along with quarterly earnings announcements from IT majors Wipro and Infosys in a holiday-shortened week, analysts said. Global market trends and trading activity of foreign investors would also dictate market movement this week, experts noted.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances