U.S.

India Moves to Defend Exports Against U.S. Tariffs

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…

Farewell To Fortune: India At Risk Of Losing 6,500 HNWIs

Farewell To Fortune: India At Risk Of Losing 6,500 HNWIs

India is likely to see a heavy outflow of millionaires in 2023 and may lose 6,500 high-net-worth individuals (HNWIs) in the current year, according to the Henley Private Wealth Migration Report 2023. Millionaires or High-Net-Worth Individuals are people with an investable wealth of $1 million or more.  China has been ranked first in terms of…

U.S. Debt Ceiling Crisis Risk On Peak Again In 2023

U.S. Debt Ceiling Crisis Risk On Peak Again In 2023

With new leadership in the U.S. In The House of Representatives, the risk of deadlock over the debt ceiling may lead to a fiscal crisis the highest ever, according to Jason Furman, former top economic adviser during the administration of President Barack Obama.  The Debt Ceiling is the maximum amount of money the United States…

U.S. House Passes The Bill on Clamping Down China’s Product

U.S. House Passes The Bill on Clamping Down China’s Product

The U.S. Senate passed legislation on Thursday to ban imports from China’s Xinjiang Region over concerns about forced labor. It is a part of Washington’s continued pushback against Beijing’s treatment of the country’s Uyghur Muslim minority.  The legislation passed by unanimous voice vote, after lawmakers agrees on a compromise that eliminated differences between bills introduced…