‘Undefined mechanisms’: India halts US-mail including up to $100 parcels; postal service cites new tariff rules

‘Undefined mechanisms’: India halts US-mail including up to $100 parcels; postal service cites new tariff rules

Sun, 31 Aug 2025 11:23:12 IST

India's postal department has halted all mail bookings to the United States due to new US regulations impacting incoming shipments. This suspension includes letters, documents, and gifts valued up to $100. The decision follows a US executive order removing duty-free allowances and requiring comprehensive data exchange, which Indian carriers are currently unable to meet.

UP’s Rampur mentha oil industry reels under US tariff: Exporters warn of losses as orders on hold; job cuts loom

UP’s Rampur mentha oil industry reels under US tariff: Exporters warn of losses as orders on hold; job cuts loom

Sun, 31 Aug 2025 08:49:03 IST

India's mentha oil sector is facing a crisis as the US imposed a 50% import tariff just days ago, threatening exporters and agricultural workers. Order disruptions and cancellations are causing financial strain, potentially impacting over 1 million farmers. Moradabad's handicraft exports are also suffering, with potential job losses due to halted orders.

Suzuki to scale up India operations: Rs 70,000 crore investment over next 5–6 years, says automaker firm CEO; move follows EV project launch in Gujarat

Suzuki to scale up India operations: Rs 70,000 crore investment over next 5–6 years, says automaker firm CEO; move follows EV project launch in Gujarat

Tue, 26 Aug 2025 12:59:00 IST

Suzuki Motor Corporation is set to invest Rs 70,000 crore in India over the next five to six years to boost its operations. This announcement coincided with the launch of Maruti Suzuki India's e Vitara export program to 100 countries and the inauguration of lithium-ion battery cell production for hybrid vehicles.

'US not piggy bank or doormat': Donald Trump fresh tariff threat for nations with digital taxes; warns of consequences

'US not piggy bank or doormat': Donald Trump fresh tariff threat for nations with digital taxes; warns of consequences

Tue, 26 Aug 2025 07:57:08 IST

US president Trump on Monday threatened trade measures against nations with digital taxes targeting American tech giants, deeming them discriminatory. He warned of tariffs and export restrictions on technology and chips if these policies persist. Dozens of countries impose digital services taxes, prompting debates over fair contributions from tech companies.

'Addressing threats to US by Russia': Trump admin notifies India of additional tariffs; deadline tomorrow

'Addressing threats to US by Russia': Trump admin notifies India of additional tariffs; deadline tomorrow

Tue, 26 Aug 2025 07:26:31 IST

The US has issued a notice to India regarding new tariffs set to take effect on August 27, 2025, in response to perceived threats from Russia, targeting India due to its economic ties with Moscow. Prime Minister Modi has vowed to protect Indian entrepreneurs and farmers from the impact of these tariffs, emphasizing self-reliance.

Tariffs row: Union minister Shivraj Singh Chouhan says India won’t compromise on farmers’ interests; cites subsidies & GM seeds as unfair edge

Tariffs row: Union minister Shivraj Singh Chouhan says India won’t compromise on farmers’ interests; cites subsidies & GM seeds as unfair edge

Mon, 25 Aug 2025 18:56:52 IST

Union Agriculture Minister Shivraj Singh Chouhan affirmed India's commitment to protecting its farmers by resisting external pressures to open its agricultural sector to imports, despite recent tariff hikes by the US. He emphasized that India would not compromise its national interests in trade agreements. Chouhan also promoted the use of indigenous products to bolster the domestic economy and create jobs.

China lifts rare earths export curbs: India’s electronics sector could benefit from relaxations – what industry experts have to say

China lifts rare earths export curbs: India’s electronics sector could benefit from relaxations – what industry experts have to say

Fri, 22 Aug 2025 09:36:04 IST

China's relaxation of rare earth metal export restrictions is poised to benefit India's electronics sector, a key Make-in-India initiative. This move addresses supply chain challenges, potentially boosting advanced manufacturing and research while stabilizing costs for vital components in electronics and EVs. Experts emphasize the need for India to enhance self-sufficiency in rare earth resources despite this positive development.

'Maharaja tariffs': Trump's trade adviser Peter Navarro's fresh attack on India over Russian oil; calls it 'laundromat' for Moscow

'Maharaja tariffs': Trump's trade adviser Peter Navarro's fresh attack on India over Russian oil; calls it 'laundromat' for Moscow

Fri, 22 Aug 2025 08:35:24 IST

Trump advisor Peter Navarro accused India of being a "laundromat for the Kremlin" by refining discounted Russian oil and selling it at premium prices, thus perpetuating the war in Ukraine. He defends US tariffs on Indian goods, citing unfair trade practices and the use of profits to buy Russian oil, ultimately funding Moscow's war efforts.

Walmart Q2 results: Sales rise 4.6% as shoppers flock and e-commerce booms; Target lags amid tariff pressures

Walmart Q2 results: Sales rise 4.6% as shoppers flock and e-commerce booms; Target lags amid tariff pressures

Thu, 21 Aug 2025 22:26:20 IST

Walmart reported strong second-quarter results, exceeding expectations and outperforming competitors like Target. Comparable sales rose by 4.6%, fueled by both established stores and online channels. The company is attracting higher-income shoppers with faster delivery and discounts. Despite a slight dip in stock due to settlement costs, Walmart raised its annual sales and profit outlook, projecting continued growth and operational efficiency.

US central bank under scrutiny as Donald Trump criticizes Powell; Jackson Hole braces for high-stakes speech, why Fed independence matters

US central bank under scrutiny as Donald Trump criticizes Powell; Jackson Hole braces for high-stakes speech, why Fed independence matters

Thu, 21 Aug 2025 21:51:22 IST

The independence of the US Federal Reserve is under scrutiny. President Trump has pressured the Fed to cut interest rates. He even called for a governor's resignation. Fed Chair Jerome Powell is trying to balance inflation and economic growth. Economists warn that political influence could harm markets. Powell's upcoming speech is crucial for the Fed's future.

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