National
Union Petroleum Minister Hardeep Singh Puri has asserted that India is fully capable of meeting its energy needs even if Russian oil imports are cut off due to possible Western sanctions. Addressing concerns raised over potential secondary sanctions, Puri said India has prepared well by building a diverse and flexible sourcing strategy. Supply Diversification at […]
International
NATO Secretary-General Mark Rutte has issued a sharp warning to India, China, and Brazil, stating that they could face up to 100% secondary sanctions if they continue their trade relationship with Russia. The message was delivered during his visit to Washington, where he met US senators and discussed coordinated pressure tactics to isolate Russia economically […]
International
US President Donald Trump has confirmed that trade discussions with India are progressing and are being shaped along similar lines to the recently announced US–Indonesia trade agreement. The Indonesia deal includes tariff cuts, major purchases of US energy and agricultural goods, and the acquisition of American aircraft. Trump indicated that India is “working along
International
India is set to benefit from higher U.S. import duties on countries like China, Canada, and Mexico, says NITI Aayog. A recent report shows that in 22 of the top 30 product categories, India’s goods are now more competitive in the U.S. market due to tariff differences—covering sectors like chemicals, textiles, electronics, seafood, and pharmaceuticals. […]