Indian Economy Faces Potential Downgrade Amid Tariff Concerns Economists are currently holding their India GDP forecasts steady, but a cloud of uncertainty looms. A persistent tariff regime could lead them to trim projections by about 20 basis points. If the full 25% tariffs are implemented, forecasts are likely to slip to the 6–6.1% range. However, … Read more
South Korea’s Exports Soar in July, Fueled by Semiconductors and Tariff ‘Front-Loading’ South Korea’s export momentum remained strong in July, with customs data showing a 5.9% increase from a year earlier, exceeding the consensus forecast of 5.1%. This growth was primarily driven by robust demand for semiconductors and solid vehicle sales. A significant factor behind … Read more
U.S. President Donald Trump has announced a new set of tariffs on goods from dozens of countries, effective on or after August 8, 2025. The White House has released a detailed list of these “reciprocal tariffs” that are being imposed to address what the administration calls trade imbalances and unfair practices. Key Tariff Rates Context … Read more
Trump Demands Pharma Companies Cut Drug Prices, Citing “Most Favored Nation” Policy In a significant move targeting the pharmaceutical industry, President Donald Trump has sent letters to 17 major drug companies, including Eli Lilly, Novo Nordisk, and Pfizer, demanding that they lower drug prices in the United States. This action is rooted in a “Most … Read more
As global supply chains realign, India is strategically positioning itself to become a significant player in the U.S. medical device market, aiming to fill the vacuum created by impending U.S. tariffs on Chinese products. The Indian government and industry are in talks to seize this opportunity, contingent on favorable tariff differentials and a streamlined regulatory … Read more
India’s Fiscal Deficit Widens in Q1FY26 India’s fiscal deficit has widened significantly in the first quarter of the 2025-26 financial year (Q1FY26), reaching ₹4.51 lakh crore. This amount represents 17.9% of the full-year target, a substantial jump from the 8.4% recorded in the same period last year. This increase is primarily due to two key … Read more
Trump Imposes 25% Tariff on Indian Imports, Citing Trade and Russia Ties New Delhi, India – July 31, 2025 – US President Donald Trump has announced a significant 25% tariff on Indian imports, set to take effect on August 1, 2025. This move, which also includes an unspecified “penalty” related to India’s energy and defense … Read more
Trump Imposes 25% Tariff on Indian Imports, Citing Trade Practices and Russia Ties; India Reacts Strongly New Delhi, India – US President Donald Trump has announced a 25% tariff on all Indian imports, effective August 1, alongside additional “penalty tariffs.” The move, which has been met with sharp criticism and concern from India’s trade and … Read more
Trump Imposes 25% Tariff on Indian Imports, Citing Trade Barriers and Russia Ties New Delhi, India – US President Donald Trump has announced a 25% tariff on Indian imports, effective August 1, alongside unspecified “additional penalty tariffs.”1 The move has ignited strong reactions from Indian trade and policy experts, who warn of severe economic consequences … Read more
