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Showing posts from April, 2025

Prime Minister Narendra Modi on Sunday inaugurated the country's first vertical-lift sea bridge

1.Washington: More than 50 nations have reached out to the White House to begin trade talks since US President Donald BB Trump rolled out sweeping new tariffs, top officials said on Sunday as they defended levies that wiped out nearly $6 trillion in value. On Sunday morning talk shows, Trump's top economic advisers sought to portray the tariffs as a savvy repositioning of the US in the global trade order. They also tried to minimize the economic fallout from last week's tumultuous rollout, ahead of Monday's expected bumpy opening of Asian stock markets. https://www.deccanherald.com/world/more-than-50-countries-have-contacted-white-house-to-start-trade-talks-trump-adviser-3480759 2.Prime Minister Narendra Modi travelled to Anuradhapura in north-central Sri Lanka and launched two India-assisted railway projects on Sunday.As a special gesture, the Sri Lankan government released 14 Indian fishermen, a day after Prime Minister Modi called for approaching the issue of fishermen i...

India and Thailand on Thursday upgraded their relations to a strategic partnership.

1.US President Donald Trump has slapped sweeping reciprocal tariffs ranging from 10 to 49 per cent on imports from major trading partners, including India, escalating tensions with allies and adversaries alike.Trump imposed a steep 27 per cent tariff on all goods, barring pharmaceuticals, semiconductors, energy and certain minerals not available in the US, that are imported from India, calling the country “one of the worst offenders of unfair trade practices”. The goods that were exempt make up for just over 25 per cent of the total exports from India to the US. https://www.tribuneindia.com/news/india/trump-slaps-additional-27-tariffs-on-indian-imports-75-of-goods-to-be-impacted/ 2.India and Thailand on Thursday upgraded their relations to a strategic partnership as Prime Minister Narendra Modi and his Thai counterpart Paetongtarn Shinawatra explored ways to enhance trade and investment and bolster cooperation in defence, security and countering cyber-crimes and human trafficking. http...

China on Thursday urged the United States to immediately cancel its latest tariffs.

 1.US President Donald Trump has unveiled extensive reciprocal tariff proposals, declaring "our country has been looted, pillaged, raped, plundered" by foreign nations. During his speech on ‘Liberation Day’, Trump displayed a chart illustrating proposed reciprocal tariffs: 34 per cent on Chinese goods, 26 per cent on Indian goods, 20 per cent on European Union imports, 25% on South Korean products, 24 per cent on Japanese items and 32 per cent on Taiwanese merchandise. https://timesofindia.indiatimes.com/business/india-business/donald-trump-tariffs-impact-on-india-explained-united-states-reciprocal-tariffs-sector-wise-analysis-trade-deal/articleshow/119917017.cms 2.China on Thursday urged the United States to immediately cancel its latest tariffs and vowed countermeasures to safeguard its own interests, after President Donald Trump declared sweeping levies on all U.S. trading partners around the world. The U.S. move disregards the balance of interests reached in multilateral ...

International hotel brands are aggressively expanding in India.

 7.7 magnitude earthquake hit Myanmar on Friday with an epicenter near Mandalay, killing over 2,700 people, bringing down scores of buildings and damaging other infrastructure like the city’s airport. In pic: Members of the Chinese Red Cross International Emergency Response Team work at a collapsed residential building following the earthquake, in Mandalay, Myanmar. https://www.hindustantimes.com/photos/news/myanmar-earthquake-hundreds-killed-more-deaths-feared-as-rescuers-race-against-time-pics-101743490070742-1.html 2.The Trump tariffs are set to arrive "immediately." President Donald Trump has been repeatedly calling April 2 "Liberation Day," promising major tariff announcements. However, there are still numerous unresolved issues surrounding this. Let’s break down the key points. rump has already increased duties on goods from Canada, Mexico, China, as well as steel and aluminum imports.  https://www.hindustantimes.com/world-news/us-news/three-big-unknowns-as-do...