Tag: donald trump
Global central banks cut US T-bill exposure, increase gold reserves
Mumbai: Most countries with top gold reserves have reduced their dollar assets held in US Treasury bills since 2017, the first time Donald Trump took…
India, US ‘very close’ to sealing trade pact: Both sides converge on core issues, legal language being finalised amid tariff uncertainties
India and the US are “very near” to concluding their proposed bilateral trade agreement (BTA), as both sides are converging on most issues and working…
Indian economy not immune to global challenges, but resilient: RBI report
Flux in the global economy presents considerable challenges to the global macroeconomic outlook and the Indian economy is not immune, the central bank said in…
Russian oil a roadblock? India likely edges closer to trade deal with US amid tariff talks
India is closing gaps with the United States on long-pending trade issues, with negotiators from both sides reporting “positive” developments, according to a Bloomberg report…
India refutes Trump’s claim on halting Russian oil purchase
New Delhi: US President Donald Trump said Prime Minister Narendra Modi on Wednesday assured him that India will end Russian oil purchases, though not immediately…
Trump tariffs: India’s smart strategy could be working
After the United States under President Donald Trump imposed a sweeping 50% tariff on a large basket of Indian exports, India’s trade outlook began appearing…
Russia confident of continuing energy trade with India: DPM Novak
Russia is confident that its energy cooperation with India will “continue”, Deputy Prime Minister Alexander Novak said on Thursday, a day after US President Donald…
Indian Oil-led India refiners to pare down Russian oil imports after Trump comments| Business News
India’s Russian oil imports could drop as refiners led by Indian Oil Corp. Ltd. wait for official guidance from New Delhi after US President Donald…
Donald Trump declares US-China trade war, Scott Bessent floats long truce| Business News
US President Donald Trump said he saw the US as locked in a trade war with China, even as Treasury Secretary Scott Bessent proposed a…
India willing to spend $15 billion on US oil amid trade talks
India has the capacity to purchase an additional $15 billion of oil from the US, a senior commerce ministry official said Wednesday, signaling New Delhi’s…