As trade tensions escalate globally, Christine Bliss, President of the Coalition of Services Industries, has emphasised the urgent need for a comprehensive trade agreement between the US and India. In an interview with CNBC-TV18, she stressed that negotiations must extend beyond tariff reductions to include digital trade and services to ensure lasting economic benefits. Bliss … Read more
Despite the recent global trade tensions sparked by new reciprocal tariffs, India’s long-term economic growth prospects remain strong, according to Bhawna Chhabra, Senior Market Analyst at Rosenberg Research. In an interview with CNBC-TV18, Chhabra acknowledged that while India is not immune to these global developments and faces potential challenges in the short term, its fundamental … Read more
Following the latest round of global tariff actions, economists are reassessing India’s growth and monetary policy outlook for FY26. While India’s direct trade exposure to the US remains modest, experts point to potential second-round effects through weaker global demand, tighter financial conditions, and softer investment sentiment. Nomura now projects India’s GDP growth at 6% for … Read more
The imposition of reciprocal tariffs by the US, is unlikely to fracture the wider strategic relationship between India and the United States, according to former Foreign Secretary Shyam Saran. Speaking in an interview with CNBC-TV18 following the Trump administration’s announcement of sweeping new tariffs, including a 27% levy on India, Saran suggested that while trade … Read more
The uncertainty created by the tariffs may lead to a slowdown in fresh investments, as businesses adopt a “wait-and-see” approach. Jaimini Bhagwati, Distinguished Fellow, Centre for Social and Economic Progress (CSEP) and Ex-Joint Secretary of Department of Economic Affairs stated the risk-averse approach companies are likely to adopt in the current climate. “All investment, whether … Read more
US President Donald Trump has announced stopping short of imposing fully reciprocal tariffs. Instead, Trump said the US would charge half of the tariff a country imposes on US imports. Under Trump’s plan, the US would impose a 26% tariff on Indian imports. Trump said the rate was calculated based on cumulative tariffs, including non-monetary … Read more
The Union Cabinet is likely to approve key decisions on rail infrastructure and border village development, CNBC Awaaz reported. The decision is likely to be taken by the Cabinet and the Cabinet Committee on Economic Affairs (CCEA) soon, the report said. Approval for four new rail projects The government plans to lay new rail lines … Read more
India and Chile have agreed to initiate discussions on a comprehensive economic partnership agreement, aimed at stronger bilateral trade across multiple sectors. The announcement came following talks between Prime Minister Narendra Modi and Chilean President Gabriel Boric Font in New Delhi on Tuesday, April 1. The Chilean president is on a five-day visit to India. … Read more
The oil marketing companies have reduced the price of commercial LPG cylinders starting from April 1, Tuesday. The price of a 19-kg commercial LPG cylinder has been slashed by ₹41. The revised price stands at ₹1,762 per cylinder in Delhi. Effective immediately, the commercial LPG cylinder will cost ₹1,714.50 in Mumbai, ₹1,872 in Kolkata and … Read more
Veteran banker Uday Kotak, in a recent post on X (formerly Twitter), pointed out that the slowdown in the growth of retail deposits poses a serious challenge to the business model of Indian banks. This article argues that banks have historically been the primary funders of India’s growth and regulators and lawmakers have imposed some … Read more