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Exclusive: India pauses plans to buy US arms after Trump's tariffs
Trump on Aug. 6 imposed an additional 25% tariff on Indian goods as punishment for Delhi's purchases of Russian oil, which he said meant the country was funding Russia's invasion of Ukraine. That raised the total duty on Indian exports to 50% - among the highest of any U.S. trading partner.
Despite the threat of U.S. tariffs, India is resisting pressure to cut ties with Moscow that have brought economic and geopolitical benefits.
Negotiators, the report claims, pushed India, along with Taiwan and Indonesia, to raise defense spending and purchase more ...
The Defence Ministry has denied reports of halting US arms deals, affirming that all procurement processes are continuing as ...
India has paused its defense procurement plans from U.S. companies like Lockheed Martin, Boeing, and General Dynamics, as ...
Sources also said that there was no formal confirmation on Defence Minister Rajnath Singh's scheduled US visit.
India is actively pursuing trade agreements with various nations, including Oman, the European Union, and the United States.
India has scrapped a central pricing system for renewable energy projects after developers raised concerns that it was ...
Piyush Goyal says India is negotiating trade agreements with the US and other countries, confident in export growth.
Aparna Iyer, chief financial officer at Wipro — India’s fourth-largest IT company owned by the billionaire Premji family — said in an interview that AI adoption was still in the “very early” stages, ...
Amid the ongoing tariff tussle between India and the United States, US President Donald Trump ruled out trade talks with New ...
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