With its rising energy needs, India has emerged as the fourth largest energy consumer of the world after the US, China and Russia.
Trump's latest move will raise duties on more than 5,000 products made by Chinese producers, ranging from chemicals to textiles and consumer goods.
By no means do economists see the Reserve Bank of India stop at just a 25-bp cut. Some of the economists such as Soumyakanti Ghosh of State Bank of India are of the firm view that rates have room to fall by a total of 75 bps in the current financial year, starting with 25 bps in the August 7 policy.
Impending launch of Oral-B toothpaste in India, recent spate of product launches in other developing markets indicate shift in strategy.
The President-elect has already infuriated China by talking over phone with the Taiwanese President, the first by a top American leader since 1979.
'India's preference today seems to be to exploit the deepening chill in relations with China to breathe new life into its meandering partnership with the US,' argues Ambassador M K Bhadrakumar.
Top gainers include Yes Bank, HUL, Vedanta, NTPC, Bharti Airtel, Adani Ports, PowerGrid and Tata Motors, rising up to 5 per cent.
Last year, Jet Airways and Air France-KLM signed an enhanced cooperation agreement' for the development of their operations between Europe and India
Market experts on why the bulls will be on the rampage first thing on Monday after the scrapping of enhanced surcharge on FPIs and other measures to ease the systemic liquidity squeeze and boost demand. Prasanna D Zore reports.
Company's co-Chairman S Gopalakrishnan says uncertainties continue as unexpected events happen
US, China and India are three main jewellery markets in the world, says Rio Tinto.
The fall was led by L&T, IndusInd Bank, PowerGrid, NTPC, TCS, ICICI Bank, Axis Bank, Hero MotoCorp, Bharti Airtel and SBI, declining up to 2.64 per cent.
'Another rejection of mediation between India and Pakistan will leave Mr Trump disappointed.' 'In that case, he is likely to point out the war-like situation on the border and press for direct talks which have been stalled on account of continuing terrorism from Pakistan,' notes Ambassador T P Sreenivasan.
The NSE Nifty also gained 53 points, or 0.49 per cent, to settle 10,855.15 after shuttling between 10,870.40 and 10,749.40.
The US-China-Pakistan 'axis' was India's biggest headache during the Cold War years. Unless managed carefully, a Russia-China-Pakistan 'axis' may emerge as an even bigger one in the coming years, says Harsh V Pant.
'There are reports of political dissent mounting on Xi Jinping's handling of the Wuhan fallout.'
'The challenge before the two countries is to turn the peak into a plateau and enter an irreversible phase of cooperation,' notes Ambassador T P Sreenivasan.
'It seems a wiser decision to pull out at the right moment than regret after joining the pact,' explains Dr Rahul Mishra.
Concerns about maritime security have brought the unlikely troika of China, India and the United States together and India has much to gain from this trilateral dialogue, writes Premvir Das
NSE Nifty, after shuttling between 10,809.60 and 10,725.90, finished 30.95 points, or 0.29 per cent lower at 10,741.10.
Remaining in the denial mode, Pakistan Prime Minister Nawaz Sharif on Thursday termed as "India's long-time habit" the assertion that his country was behind the Uri attack.
The nation ranked 138 among 180 countries, according to the annual World Press Freedom Index report.
The Indian Army, Apple, Nokia, RIM denied that they were involved in a conspiracy to spy on the US-China Economic and Security Review Commission.
China, a veto-wielding member of the UNSC, has blocked the move by India and other member nations three times in the past to designate Azhar.
United States Secretary of State Hillary Clinton will visit India early next month as part of a three-nation Asia tour to consult with the Indian leadership on key regional and global issues including Afghanistan, Pakistan, China and Myanmar.
The Congress vice president said that people across the world are questioning why tolerance levels in India are falling.
One subject of the third round of the US-China Strategic and Economic Dialogue will be cybersecurity.
India spent USD 63.9 billion on its military in 2017, an increase of 5.5 per cent compared with 2016 and of 45 per cent since 2008.
'India will come increasingly in the US crosshairs if it insists on maintaining its strategic autonomy, warns Ambassador M K Bhadrakumar.
Growing American exports to China will help boost the US economic recovery.
The prime minister also welcomed convergence of views between India and ASEAN for cooperation in the Indo-Pacific region.
If the rupee falls further, it would negatively impact the dollar-based returns of foreign investors, and could influence foreign flows into India.
'From the Indian perspective, Trump's invitation to Imran Khan to visit the White House is a bitter pill to swallow,' points out Ambassador M K Bhadrakumar.
'Only when China treats India as an equal can we consider them real friends.'
Prime Minister Manmohan Singh would have his tete-a-tete with Obama in Bali in a surreal setting, says MK Bhadrakumar, and draws comparisons to the US-China encounter in Honolulu
The stagnation in US-Russia relations does not augur well for New Delhi's strategic interests, says Harsh V Pant and Raj Kumar Sharma.
The ballooning of crude prices has significantly increased the country's oil import bill and it can also lead to a worsening of the current account deficit and fiscal deficit for the domestic economy.
Investors not stop their SIPs or STPs due to election-related uncertainty.
'The Congress party hated him because he had not gone to jail, he was not lathi charged, he had not gone on hunger strike.' 'They felt he had lived in London all his life and then he came to India and became an MP and a minister.'
The recent meeting of G20 finance ministers in Washington agreed to set up a surveillance system to monitor the economic performance of countries with the greatest potential for "spillover effects" - the economic impact that extended beyond their boundaries.