According to statistics from the Commerce and Industry Ministry, Indian exporters pushed items worth over $10 billion to the US last month alone in an attempt to avoid the reciprocal tariffs that were scheduled to take effect on April 2. It also stated that this was 35% more than the shipments reported in March of…
Gold prices rose 0.28% to ₹77,747 on the back of the Federal Reserve’s rate cut for 2025 amid concerns over taxation after the US election. A stronger dollar and higher Treasury yields generally weigh on gold. Following three rate cuts in 2024, the Fed is expecting two more cuts in 2025, with markets easing by…
The next president said he would impose tariffs on European imports unless the EU sharply increased its purchases of US gas and oil. The president has already promised to increase import duties on China, the country with the largest US trade deficit. To support US manufacturing, he has also imposed new tariffs on allies such…
