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Image used for representation purpose only. | Photo Credit: Reuters The rupee rose 10 paise to 87.59 against the U.S. dollar in early trade on Thursday (August 28, 2025), supported by a weaker dollar index and easing Brent crude prices. Besides, the Reserve Bank of India (RBI) stepped in to protect the local unit from…
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The immediate impact of recent U.S. tariffs on Indian exports may appear limited, but their secondary and tertiary effects on the economy pose challenges that must be addressed, the Finance Ministry said in a report on Wednesday (August 27, 2025) amid the U.S. effecting a steep 50% tariff on shipments from India. Trump tariffs LIVE…
U.S. Treasury Secretary Scott Bessent. File | Photo Credit: Reuters Describing the India-U.S. relationship as “very complicated”, U.S. Treasury Secretary Scott Bessent on Wednesday (August 27, 2025) hoped that “at the end of the day, we will come together.” “This is a very complicated relationship. President (Donald) Trump or Prime Minister (Narendra) Modi have very…
Image for representational purposes only. Source: Special Arrangement. No “serious challenges” have been detected in E10-compliant vehicles of Renault India plying on roads and utilising the E20 fuel, the car maker informed on Wednesday (August 27, 2025). Seeking to allay concerns about the use of 20% blended fuel in their E10-compliant cars, the Triber manufacturer…
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The additional 25% tariff imposed by U.S. President Donald Trump on India for its purchases of Russian oil came into effect Wednesday (August 27, 2025), bringing the total amount of levies imposed on New Delhi to 50 per cent. The Department of Homeland Security (DHS), in a draft order published on Monday (August 25, 2025),…
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India is planning dedicated outreach programmes in 40 countries, including the UK, Japan, and South Korea, to push textiles exports amid a 50% tariff imposed by the U.S. on Indian products, an official said on Wednesday. Other nations include Germany, France, Italy, Spain, the Netherlands, Poland, Canada, Mexico, Russia, Belgium, Turkiye, the United Arab Emirates,…
A worker feeds raw cotton into an opener machine at a processing facility in Amritsar on August 25. | Photo Credit: AFP The story so far: Cotton, which is the main raw material for the textile industry, is grown by nearly six million farmers in India. In the wake of declining production, the Central government…
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The trading academy acknowledged “SEBI’s pivotal role in shaping India’s capital markets” and claimed to have trained over 62,000 students across 51 countries and all 35 Indian states/UTs. File | Photo: Reuters & X/@AvadhutsatheTA Days after a top Securities & Exchange Board of India (SEBI) official informed the media about an ongoing raid at a…
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