Electronics—specifically smartphones—& energy & pharma products make up 30% of Indian exports to US. 25% tariff on India came into effect Thursday, extra 25% to kick in by August-end.
Earlier, the company announced it would invest $500 billion & hire 20,000 workers across US, a move that could help it sidestep potential tariffs on iPhones.
The US president repeated his claim of brokering the ceasefire between Delhi & Islamabad within 20 days, at a White House press conference on 2028 Los Angeles Olympics.
This came after Trump accused India of buying 'massive amounts' of Russian oil and said he would 'substantially raise the tariff paid by India to the USA'.
India keeps falling into ‘great power’ fantasy trap. Think of the 1950s, when New Delhi mistook its all-too-real potential for actual power, and China brought it down to earth in 1962.
India’s competitiveness cannot be defended abroad if it is eroded at home. Short-term measures can provide a cushion, but without reforms, exporters will remain perpetually vulnerable.
As many as 21 policy reforms are under implementation following Invest Kerala Global Summit, as LDF govt works to change perception that the state is not conducive to businesses.
Amid continued concerns over cross-border terrorism, General Upendra Dwivedi further warned the neighbour that India will not show restraint if there is an Op Sindoor 2.0.
Pakistan’s army has been a rentier force available to a reasonable bidder. It has never come to the aid of any Muslims including Palestinians or the Gazans, except making noises here and there.
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