In trade negotiations, as in chess, sometimes you need to accept a temporary disadvantage to secure a better long-term position, points out Sonal Varma, chief economist (India and Asia ex-Japan) at Nomura.
South African President Cyril Ramaphosa, a former anti-apartheid activist and freedom fighter, responded to Trump's claims at their meeting in the Oval Office diplomatically, countering Trump's assertions.
Trump's remarks came a day after the US launched Operation Midnight Hammer, targeting three of Iran's key nuclear facilities at Fordow, Natanz, and Isfahan.
Iran on Monday launched multiple missiles at US military installations in Qatar and Iraq, including the Al Udeid Air Base in Qatar -- the largest US military base in the region.
Prime Minister Narendra Modi and Brazilian President Luiz Incio Lula da Silva agreed to enhance cooperation in trade, technology, energy, defence, agriculture, health, and people-to-people ties.
From the Sensex firms, Infosys climbed 3.86 per cent. HCL Tech, Tata Consultancy Services, Axis Bank, Kotak Mahindra Bank, Titan and Tech Mahindra were also among the gainers. However, Eternal, UltraTech Cement, Bharti Airtel and Adani Ports were among the laggards.
Among the Sensex firms, Bharat Electronics Ltd, Mahindra & Mahindra, Adani Ports, HCL Technologies, Eternal, Infosys, Bharti Airtel, Sun Pharmaceuticals, Larsen & Toubro, Hindustan Unilever and UltraTech Cement were the gainers. Bajaj Finance, Tata Motors Passenger Vehicles, Kotak Mahindra Bank, PowerGrid and Tata Steel were among the laggards.
The 40 per cent trans-shipment tariff by the US will create major compliance issues for companies in India and the ASEAN region, with high risks for sectors like machinery, electrical equipment and semiconductors, Moody's Ratings said on Tuesday. In July 31, US President Donald Trump announced a 40 per cent tariff on goods deemed to have been transshipped, beyond the broader country-level tariffs.
'He knew the world's eyes were on him, and he had to speak directly to the fears that immigrants in New York feel right now.'
United States President Donald Trump on Tuesday said 'we' now have 'complete and total control of the skies over Iran' and 'we know exactly where the so-called 'Supreme Leader' is hiding'.
'Removing Nitish Kumar prematurely risks unsettling both the alliance balance and parts of the social coalition that delivered this victory.'
New York City is preparing to elect a new mayor, with Zohran Kwame Mamdani, of Indian descent, leading the race. The election features Mamdani against Andrew Cuomo and Curtis Sliwa.
How the UN's flagship climate summit lost its direction and what's at stake.
Prime Minister Narendra Modi on Friday said India will never compromise the interests of its farmers, fishermen and dairy farmers, asserting that he would be ready to pay any price.
As per the new rule, foreigners who file to renew their EAD on or after October 30, 2025, will no longer receive an automatic extension, the DHS said in a news release.
External Affairs Minister S Jaishankar addresses Parliament on Operation Sindoor, denying any US trade linkage and highlighting Pakistan's request for a ceasefire through the DGMO channel.
'Rather than deploying Pakistani nationals or using identifiable cross-border materials, the ISI sought to radicalise and recruit local Indian youth, including well-educated professionals such as doctors.'
US President Donald Trump has cut short his visit to Canada, where he was to attend G7 Summit meetings, to return to Washington, DC, a day earlier amid escalating tensions between Iran and Israel.
On August 7, the US president announced doubling tariffs on Indian goods to 50 percent for India's purchases of Russian crude oil, but gave a 21-day window to negotiate an agreement.
Two 'very smart' leaders of India and Pakistan decided to end last month's conflict that could have turned into a nuclear war, United States President Donald Trump said after holding a rare luncheon meeting with Pakistan army chief Field Marshal Asim Munir at the White House.
If they act now, they can reshape the strategic map of Asia without firing a shot. If they wait, the next opportunity will come only after a serious Taiwan Strait incident -- by which time the price will be far higher, and the room for boldness far smaller -- the opportunity may well be lost by then. The question is no longer whether this can or should be done, points out Varun Arya.
Trump said he had a series of phone calls on trade with both India and Pakistan.
Trump made it clear he had no plans to speak with Musk anytime soon, stating, "I'm too busy doing other things," and added, "I have no intention of speaking to him," NBC News reported.
A batch of 35 Indians deported from the US included people from Kaithal, Karnal, and Kurukshetra districts in Haryana. They recounted their experiences and the financial burdens they faced trying to immigrate to the US.
Congress leader Rahul Gandhi launched a scathing attack on Prime Minister Narendra Modi during rallies in Bihar, accusing him of prioritizing votes over genuine governance and alleging that the BJP is controlling the state government through remote control.
Prime Minister Modi urged the people of the country to take pride in selling and buying indigenous goods.
Applauding United States President Donald Trump's 'bold decision' to hit Iran's nuclear facilities, Israeli Prime Minister Benjamin Netanyahu on Sunday said that it demonstrated 'peace through strength' and will lead to a future of peace and prosperity in the region and beyond.
India has implemented a number of free trade agreements with developed nations and is in active dialogue for such pacts with nations including the US, Oman, and the EU, Commerce and Industry Minister Piyush Goyal said. India has implemented trade pacts with Australia, the UAE and EFTA bloc. It has also signed an agreement with the UK.
The government on Wednesday approved two schemes worth Rs 45,000 crore to help exporters tide over the impact of high tariffs imposed by the US on Indian shipments.
The Winter session of Parliament will be held from December 1 to 19, Union Parliamentary Affairs Minister Kiren Rijiju announced on Saturday, in what the opposition has described as an 'unusually delayed' and truncated session.
US President Donald Trump on Wednesday slapped an additional 25 per cent tariff on goods coming from India as penalty for New Delhi's continued buying of Russian oil.
The fee hike for the US H-1B visa by the Donald Trump administration has no short-term impact on Tata Technologies Ltd, although it will change resourcing plans for the future, according to its CEO and managing director, Warren Harris.
The Israeli Prime Minister's Office on Tuesday evening noted that after a conversation between United States President Donald Trump and Prime Minister Benjamin Netanyahu, Israel has 'refrained' from further attacks on Iran.
Prime Minister Narendra Modi on Saturday met United States Ambassador-designate to India Sergio Gor and said he was confident that India-US ties will further strengthen during his tenure.
On Monday, June 9, 2025, the Trump administration sent US Marines to Los Angeles and increased raids on suspected undocumented immigrants, causing anger among protesters and Democratic leaders who fear a national crisis.
In a statement after a meeting between Trump and Pakistan Army chief Asim Munir at the White House on Wednesday, the Inter-Services Public Relations -- the media wing of the Pakistan Army -- said they also discussed joint counterterrorism efforts.
Patel did not specify which part of Michigan the FBI operation took place in. But in a separate social media post on Friday, the police department for the city of Dearborn noted that FBI agents had been active in its community.
How familiar are you with Vibe Coding? Aura Farming? Broligarchy?
Their projects are known for Italian-inspired creative façades with intricate urban elegance.
The opposition has been demanding a debate on Operation Sindoor -- the strike on terror sites in Pakistan by the Indian armed forces in response to the terrorist attack in Pahalgam on April 22.
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