Trump warns India of a 25% tariff and additional ‘penalty’ for purchasing Russian energy.
Trump Threatens Tariffs on India WASHINGTON – On Wednesday, President Trump indicated plans to levy a 25% tariff on imports from India starting Friday. Despite referring to India as a “friend,” Trump expressed frustration over the country’s elevated tariffs on U.S. goods and certain non-monetary trade hindrances that he found “uncomfortable.” “They also consistently purchase […]
USD/INR rises as Trump indicates increased import tax on India
The Indian rupee is declining against the US dollar following comments from the US president regarding India’s import tariffs. Trump has suggested a possible import tax of 20%-25% on goods from India. Investors are eagerly awaiting the Federal Reserve’s monetary policy decisions along with key US economic data. The Indian Rupee (INR) is expected to […]
Trump Indicates He Is Monitoring a 20-25 Percent Tariff on India
Trump Considers Tariff on India On Tuesday, President Donald Trump hinted he might impose a 20-25% tariff on imports from India. While traveling on Air Force One from Scotland back to the US, a reporter inquired whether Trump was “tracking” India’s tariffs in that range. “Yeah, I think so,” he replied. When asked about the […]
India surpasses China as the leading smartphone exporter to the US with Apple’s transition.
According to a recent study released on Monday, India has surpassed China as the top exporter of smartphones to the US, largely due to Apple’s ongoing adjustments in production in response to tariffs implemented during the Trump administration. Canalys, a global technology market analysis firm, noted that in the second quarter of 2025, 44% of […]
India surpasses China in iPhone production due to Trump tariffs
India Surpasses China in Smartphone Manufacturing India apparently eclipsed China in smartphone manufacturing during the second quarter of 2025, marking a significant departure from China’s longstanding dominance amid ongoing trade uncertainties. The last six months have seen the Trump administration implement tough tariffs and other trade measures that have, well, shaken up the global economy. […]
Gold prices in India: Rates on July 29
Gold prices in India stayed consistent on Tuesday, as per data from FXStreet. The price per gram was noted at INR 9,252.07, showing little change from INR 9,259.83 the previous day. When looking at the TOLA rate, gold was remarkably stable, hovering between 108,004.90 INR and 107,913.00 INR just a day prior. Unit Measure INR […]
Affordable insurance, accessible treatment, and low-cost medicines attracting NRIs to India
Growing Interest in Medical Care in India Among NRIs In New Delhi, a report from PolicyBazaar reveals a significant trend: low medical insurance premiums, affordable healthcare costs, and top-notch facilities in private hospitals are attracting Non-Resident Indians (NRIs) back to India for medical treatment. Insurance aggregator PolicyBazaar noted that the number of NRIs purchasing health […]
Gold prices in India on July 25
According to data from FXStreet, prices fell on Friday. The price of gold was noted at 9,347.61 Indian Rupees (INR) per gram, down from 9,368.16 the previous day. For Tola, gold prices decreased to 109,028.70 from 109,268.40 just a day earlier. Unit Measure INR gold prices 1 gram 9,347.61 10 grams 93,476.53 Tola 109,028.70 Troy […]
Gold prices in India: Rates on July 24
Gold Prices Hold Steady in India Gold prices in India saw little change on Thursday, based on information from FXStreet. The price per gram was recorded at INR 9,388.78, which reflects no significant fluctuations compared to the previous day. In terms of TOLA, the prices shifted minimally from INR 109,603.80 to INR 109,507.50. So, it […]
Air India reports no problems with the fuel control switch locking mechanism in its Boeing fleet
On Tuesday, Air India announced that its initial inspections found no problems with the locking mechanism of the fuel control switches on certain Boeing aircraft. This comes after a preliminary inquiry into a recent crash involving an Air India flight, where the switch malfunctioned, leading to a critical fuel cut-off for both engines. Air India […]