In an important move to ease trade tensions, the United States and China have begun a 90-day truce, stepping back from a damaging tariff war. This agreement started in mid-May 2025 and will run until mid-August, giving both countries time to try...

India is expected to be the biggest driver of global oil demand growth in the coming years, even as it speeds up its shift to cleaner energy. At an energy meeting in Mumbai, experts discussed how trade changes and tensions around the world are...

India’s trade gap is likely to widen to USD 300 billion in the financial year 2025-26, says a new report by ICICI Bank. This is expected even though oil prices are set to stay stable. The main reason for the rising trade deficit is weak...

Foreign investors have shown renewed interest in India’s stock markets. In just one week, from June 23 to June 27, Foreign Portfolio Investors (FPIs) put in a net amount of ₹13,107 crore. This sharp rise comes after the Reserve Bank of...

The U.S. economy shrank by 0.5% in the first three months of 2025, according to a new report from the Commerce Department. This was worse than the earlier estimate of a 0.2% drop. Experts had expected the numbers to stay the same, making this...

India and the UK have finished talks on a Free Trade Agreement (FTA) on May 6, bringing in new rules to help trade and stop unfair use of tariff benefits. A key change is the “coequal rule” under product origin rules. This means...

India has made progress in its efforts to achieve the Sustainable Development Goals (SDGs). According to the latest Sustainable Development Report (SDR) published on Tuesday, June 24, 2025, India now ranks 99th out of 167 countries. This is a...

S&P Global has raised India’s economic growth forecast for the current financial year to 6.5%, up from its earlier estimate of 6.3%. The revised outlook reflects growing confidence in the Indian economy’s ability to navigate global...

Finance Minister Nirmala Sitharaman praised Indian exporters for their strong performance, even as global trade faces many problems. Speaking at the India Exim Bank Trade Conclave, she said India’s export growth of 6.3% is higher than the...

Finance Minister Nirmala Sitharaman has asked the Central Board of Direct Taxes (CBDT) to quickly reduce the backlog of complaints in systems like CPGRAMS and e-Nivaran. While leading a meeting with senior Income Tax officials, she said that...