Related Stories
Anand Mahindra Meets US Ambassador Sergio Gor to Discuss Investments
M&M Group Chairman Anand Mahindra met with US Ambassador Sergio Gor to discuss the automaker's investments in the US, which are boosting manufacturing, creating jobs, and strengthening supply chains. The meeting also touched upon ongoing US-India trade deal negotiations.
India's Consumer Sector Faces Headwinds Despite Strong H1 FY26 Performance
India's consumer and retail sector showed strong growth in H1 FY26, driven by GST cuts and a favorable base. However, rising input costs from West Asia and monsoon uncertainty are now posing risks, with Q2 FY26 seen as a critical inflection point.
Fuel Prices Unchanged on June 4 Amid Rising Global Crude Oil Concerns
Fuel prices in India remained steady on June 4, offering consumers a temporary reprieve. However, rising global crude oil prices nearing $95 per barrel are fueling speculation about potential future hikes, which could impact household budgets and inflation.
US proposes 12.5% duty on Indian goods over forced labor concerns
The US Trade Representative proposed an additional 12.5% duty on 54 countries, including India, over alleged failure to restrict imports of goods produced with forced labor. This move, seen as a pressure tactic, comes as India and the US negotiate an interim trade deal.
Cabinet Recommends Ordinance to Ease Tax Rules for Foreign Investors
India's Union Cabinet recommended an ordinance to ease tax rules for foreign investors in certain securities, aiming to strengthen the rupee amid record FPI withdrawals and economic concerns.
US Proposes 12.5% Tariff on Exports from 54 Countries, Including India and China
The US Trade Representative proposed a 12.5% tariff on exports from 54 countries, including India and China, citing failure to prohibit goods made with forced labor. India is engaged in discussions with the US regarding this and a framework agreement.