Russia has said it has not received any official confirmation from India that the country plans to halt purchases of Russian oil, a day after U.S. President Donald Trump claimed New Delhi agreed to scale back those imports as part of a new trade agreement with Washington. Kremlin spokesperson Dmitry Peskov stated that Moscow had yet to hear directly from Indian authorities regarding any change in energy flows. While acknowledging the evolving relationship between the United States a

Prime Minister Narendra Modi on Monday welcomed a significant reduction in tariffs on Indian exports to the United States following an announcement by US President Donald Trump that the two countries had reached a bilateral trade agreement aimed at lowering reciprocal duties. Under the new arrangement, tariffs on Made in India products entering the US market will be reduced to 18%, marking a notable shift in trade relations between the two major economies. The agreement also provide

In a significant development affecting global trade and energy policy, United States President Donald Trump announced a bilateral trade agreement with Indian Prime Minister Narendra Modi following a direct telephone conversation on Monday. According to an official post shared by the US Ambassador to India on social media, the leaders discussed a range of strategic and economic issues, culminating in an accord that reduces key economic barriers between the two countries. In his publi

Indian Prime Minister Narendra Modi spoke with Brazilian President Luiz Inacio Lula da Silva in a high-level conversation that emphasized the continued growth and future potential of the India-Brazil Strategic Partnership. During the discussion, Prime Minister Modi expressed his anticipation of welcoming President Lula to India in the near future, underscoring the importance of strengthening bilateral ties and expanding cooperation across economic, technological and geopolitical fronts. Modi des

Global geopolitics is witnessing a major shift as India positions itself for what is being described as the “Mother of All Trade Deals” with the European Union. This development comes at a time when United States President Donald Trump has intensified tariff pressures and sanctions on several nations, including India. These aggressive trade policies have forced multiple global powers to rethink their economic alliances, creating fresh opportunities for India on the international stage.

European Union lawmakers have decided to postpone the ratification of a recently concluded trade agreement with the United States following new tariff threats issued by President Donald Trump in connection with Greenland. The European Parliament, the bloc’s main political institution, had been scheduled to vote in the coming week on measures that would remove tariffs on selected US exports under the agreement. That plan has now been put on hold as tensions between Washington and several Eur

A United States federal court has sentenced an Indian businessman to 30 months in prison for orchestrating a scheme to illegally export controlled aviation technology to Russia, in violation of strict US export regulations introduced after the Ukraine conflict. The sentencing underscores Washington’s continued focus on disrupting global supply chains used to bypass sanctions and export controls aimed at safeguarding national security. Sanjay Kaushik, 58, a New Delhi-based aviation

China and Canada have announced a significant reduction in tariffs and signalled a broader reset in their bilateral relationship following high-level talks in Beijing, marking a notable shift after years of strained diplomatic and trade ties. The agreement was confirmed after a meeting on Friday between Chinese President Xi Jinping and Canadian Prime Minister Mark Carney, the first Canadian leader to visit China in nearly a decade. Under the deal, China is expected to reduce tariffs on Canad

Amid ongoing geopolitical tensions, trade disputes, and armed conflicts across multiple regions, China quietly achieved two major economic milestones in 2025, underscoring its continued influence over global manufacturing and trade. Official data released this month shows that the country recorded the largest annual trade surplus in its history while further consolidating its position as the world’s leading automobile producer and seller. These achievements came despite persistent pressures

The Supreme Court did not issue a decision Friday on the legality of broad tariffs imposed during President Donald Trump’s administration, extending uncertainty for financial markets and trade policy observers who have been closely watching the case for its potential economic and fiscal implications. Expectations had grown that the ruling might be released before the end of the week, but the court issued only a single opinion on Friday, unrelated to tariffs or trade authority. The

The proposed India–US trade deal failed to materialise because Prime Minister Narendra Modi did not personally call US President Donald Trump, according to claims made by US Commerce Secretary Howard Lutnick. Speaking on a podcast, Lutnick said the final step required to close the agreement was direct communication between the two leaders, which did not happen, leading to the collapse of the negotiations. Lutnick stated that the framework of the deal had been completed and was rea

US President Donald Trump on Sunday, January 4, claimed that India has significantly reduced its purchases of Russian oil following the imposition of steep tariffs on Indian goods by Washington. Speaking aboard Air Force One, Trump said his administration’s decision to levy a 50 percent tariff had prompted a response from New Delhi, while also warning that the United States could escalate trade penalties further if necessary. Trump asserted that India’s leadership acted in respo

New Zealand Foreign Minister Winston Peters has publicly criticised the recently concluded India–New Zealand Free Trade Agreement, describing it as a low-quality deal that undermines New Zealand’s economic and labour interests. His remarks come just days after India and New Zealand announced the successful conclusion of FTA negotiations, which both governments claim could significantly boost bil

US President Donald Trump indicated that his administration is prepared to examine new tariffs on a range of agricultural imports, including Canadian fertiliser and Indian rice, after American farmers raised concerns that low-priced foreign goods were eroding their competitiveness. The comments came during a roundtable discussion at the White House, where the President unveiled a $12 billion support package intended to cushion farmers from mounting price pressures and market volatility. Througho

The G20 Leaders’ Summit 2025 opened in South Africa on Friday, marking a significant moment for the international forum as it convenes on the African continent for the first time. Hosted in Johannesburg, the three-day gathering carries the theme “Solidarity, Equality and Sustainability,” reflecting South Africa’s priorities of promoting collaborative global action in an increasingly complex geopolitical environment. This year’s summit places particular emphasis on strength

The United States is preparing a major escalation in its economic pressure campaign against Russia, with President Donald Trump announcing that he supports Senate legislation enabling Washington to impose tariffs of up to 500 percent on countries that continue significant trade with Moscow. The measure represents one of the most aggressive attempts yet to curtail Russian war funding and signals growing frustration in Washington over the prolonged conflict in Ukraine. Speaking before

The United States Supreme Court has signaled strong skepticism toward former President Donald Trump’s use of emergency powers to impose sweeping global tariffs, raising the possibility that one of his most controversial trade measures could soon face major curbs. The case, which centers on Trump’s invocation of the International Emergency Economic Powers Act (IEEPA), could redefine the limits of presidential authority in shaping US trade policy. For India, which bore the brunt of several