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Business

Rupee plunges 52 paise to close at 87.70 against U.S. dollar

Image used for consultant objective solely. | Photo Credit: Reuters The rupee depreciated 52 paise to close at 87.70 (provisional) against the U.S. dollar on Monday (August 4, 2025), as sustained overseas fund outflows and commerce tariff uncertainties dented buyers’ sentiment. Forex merchants mentioned U.S. President Donald Trump’s tariffs triggered contemporary considerations over a a […]

Business

3 political reasons for current India-US trade stalemate

Trump has repeatedly referred to as BRICS a gaggle that’s ‘anti-US’, saying that it goals to destroy the dominance of the greenback. (AI picture) US President Donald Trump’s transfer to impose 25% tariffs on India could have its reasons rooted in political points, says an SBI Research report. India and the US have been engaged

Business

Donald Trump tariffs: US advisor rules out talks; says rates are ‘pretty much set’

US President Donald Trump’s commerce advisor Jamieson Greer has stated the brand new American tariff rates are “pretty much set” with restricted scope for negotiation, defending the Trump administration’s newest spherical of levies, together with harsh duties on Brazil.In a pre-recorded interview aired on CBS’s Face the Nation on Sunday, US commerce consultant Greer stated

Business

Semiconductor mission: India steps up chip drive; revolution gathers pace with major investments, talent push

India is present process a major transformation in its semiconductor journey, quickly constructing capabilities to develop into a crucial participant within the world chip worth chain. The push is backed by vital coverage assist, large-scale investments, and a rising pool of expert engineers, as per information company ANI.Semiconductors, important to units starting from smartphones and

Business

Trump’s 25% tariff, penalties raise alarm: Indian exporters fear order cancellations; urgent support sought from government

Businesses are expressing fear about potential order cancellations from American shoppers, given the 25% obligation on Indian merchandise, which exceeds charges for rival nations like Bangladesh, Pakistan and Vietnam, alongside a further penalty inflicting uncertainty.During discussions with commerce and trade minister Piyush Goyal, varied sector representatives, together with textiles, metal, engineering and agriculture, reportedly requested

Business

India’s logistics cost will be down to less than 10% by December: Gadkari 

Union Minister Nitin Gadkari addressing at a programme in Mangalagiri on August 2, 2025. | Photo Credit: Special association Union Minister of Road Transport & Highways Nitin Gadkari on Saturday (August 2, 2025) expressed confidence that India’s cost of logistics would come down to less than 10% by the top of December. The lesser the

Business

India’s logistics cost will be down to less than 10% by December: Gadkari 

Union Minister Nitin Gadkari addressing at a programme in Mangalagiri on August 2, 2025. | Photo Credit: Special association Union Minister of Road Transport & Highways Nitin Gadkari on Saturday (August 2, 2025) expressed confidence that India’s cost of logistics would come down to less than 10% by the top of December. The lesser the

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