NEW DELHI: PM Narendra Modi on Wednesday reiterated the need to focus on self-reliance and ‘vocal-for-local’ while chairing the cabinet meeting. He also said India is ready to face all challenges and asked ministers to encourage and motivate people to buy more ‘Made in India’ products, TOI has learnt.The PM’s remarks gain significance as the…
According to GTRI’s assessment, India is expected to reduce the negative effects of US tariffs in the coming months. How should India deal with the 50% tariffs imposed by the Donald Trump administration on Indian exports? Ajay Srivastava of Global Trade Research Initiative (GTRI) says there are two ways in which India can absorb the…
Trump has consistently warned of sanctions and additional repercussions for Moscow. (AI image) US President Donald Trump has issued a fresh warning of ‘economic war’ to Russia if Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy fail to resolve their ongoing conflict.According to a Bloomberg report, Trump said the ‘economic war’ would be ‘very…
The nationwide initiative for complete digitalisation of land records by December will significantly enhance foreign direct investment (FDI) in real estate, as land procurement remains the primary challenge for developers, according to industry specialists.Property acquisition for commercial spaces, including offices, logistics and data centres, will become more efficient, while the residential sector will see improvements…
Trump had announced 50% tariffs on India earlier this month, which went into effect on Wednesday (AI image) NEW DELHI: The additional 25 per cent tariff imposed by US President Donald Trump on Indian goods over New Delhi’s purchases of Russian oil have come into effect, raising the overall levy on exports to 50 per…
Trump imposed 50% tariffs on India (AI image) NEW DELHI: The recent US decision to impose steep tariffs on Indian goods could boomerang on the American economy by pushing up inflation and shaving growth, according to an analysis by the State Bank of India (SBI). The report, quoted by ANI, estimates that US GDP growth…
The industry is already facing pressure following the introduction of Specialised Investment Funds (SIFs) from April this year. (AI image) The Portfolio Management Services (PMS) industry has approached market regulator SEBI to reduce the minimum investment threshold of ₹50 lakh to make this investment channel accessible to a wider base of investors. Sebi had increased…
NEW DELHI: Gold prices jumped by Rs 600 to Rs 1,00,770 per 10 grams in the national capital on Tuesday, supported by a weak rupee and firm global trends, according to the All India Sarafa Association. Meanwhile, silver prices rallied by Rs 3,000 to revisit the all-time high level of Rs 1,18,000 per kg, including…
Trump tariffs to take effect It’s here — Trump’s 50% tariffs on India. So, where do India’s exporters go from here? For some of India’s biggest exporters, the answer is any which way that helps them survive the biggest business shock of their entrepreneurial career.TOI spoke to companies across sectors for this story. Some companies…
Mumbai: The higher US tariffs against select Indian imports to the world’s largest economy that is set to kick off today, and no end in sight to the India-US impasse, spooked Dalal Street as investors pressed the sell button on Tuesday. In addition, Wednesday being a trading holiday also weighed on investor sentiment since any…
