Trump to Make Trade Deal in India to Reduce Tariffs
President Donald Trump announced on Monday that the US was close to reaching a deal with India that would lead to the expansion of economic and security ties between Washington and New Delhi, promoting US energy exports and boosting investments in primary sectors. During the ceremony for his representative, Sergio Gor, as the new ambassador…
PM Modi reacts to Trump’s offer to resume Trade Talks
On Tuesday, September 9, US President Donald Trump said his administration is trying to negotiate addressing trade barriers with India. Trump says he will talk to PM Narendra Modi, expecting high hopes for deals after weeks of discord. Trump also said he looked forward to speaking to Modi in the ‘upcoming weeks’and showed positivity that…
UN May Eliminate 7,000 Jobs Amid Financial Crisis
According to a memo seen by Reuters, the United Nations Secretariat plans to reduce its budget by 20% and eliminate about 6,900 jobs. The United States and its funding problems are causing a financial crisis for the world body, so the Organisation is urging all member states to suggest cuts by June 13. In addition…
Trump’s Buyout Plan Puts Federal Workers in Limbo
In a sweeping move that has sent shockwaves through the federal workforce, President Donald Trump’s administration has introduced a “deferred resignation” program, offering buyouts to nearly all 3 million U.S. federal employees. This initiative, announced on January 28, 2025, aims to downsize the federal government significantly, but it has quickly become a legal quagmire, igniting…
India Moves to Defend Exports Against U.S. Tariffs
U.S. tariff has become the talk of the town. President Donald Trump has shaken the world’s import/export sector since he took office. During his this term, he is focusing on increasing import tariffs. Recently, China retaliated against the high tariffs in the U.S. and imposed 15% on goods, especially food items and cotton. However, India…
Rupee Hits A Record Low Of 84.39 Against Greenback
The Indian rupee fell to a record low against the greenback this Tuesday, reflecting the weakness of Asian currencies following Trump’s victory in the U.S. elections. The constant outflow of foreign funds from Indian equities also weighed the rupee’s value. Foreign investors withdrew around $3 billion from Indian stocks in November after pulling out $11…
iPhone Production In India To Double – Thanks To Trump
Apple Inc. could double its iPhone manufacturing in India with Donald Trump returning as US president. The company might grow production to over $30 billion annually over the next two years. Apple Inc., the Cupertino-based tech giant, currently manufactures iPhones worth around $15-16 billion annually in India. The boost in iPhone production is expected because…
