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US pushes G7 to impose tariffs on Russian oil buyers India and China

The United States has renewed its push for a tougher global stance against Russia’s energy exports, urging its Group of Seven partners to impose coordinated tariffs on countries that continue purchasing Russian oil. During a virtual call with G7 finance ministers, Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer emphasized that only a unified approach targeting energy revenues could weaken Moscow’s ability to finance its war

Global News

13 Sep 2025 04:01 AM

US pushes G7 to impose tariffs on Russian oil buyers India and China

The United States has renewed its push for a tougher global stance against Russia’s energy exports, urging its Group of Seven partners to impose coordinated tariffs on countries that continue purchasing Russian oil. During a virtual call with G7 finance ministers, Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer emphasized that only a unified approach targeting energy revenues could weaken Moscow’s ability to finance its war

Global News

Centre Plans Relief Package For Exporters Impacted By US Tariffs After GST Rationalisation

With the rationalisation of the Goods and Services Tax (GST) completed, the Indian government is preparing a targeted relief package for exporters impacted by steep US tariffs. According to official sources, the Centre is working on a set of schemes designed to help sectors that have been hit hardest by the 50 per cent import duties imposed by President Donald Trump, which included a 25 per cent penalty linked to India’s Russian oil purchases.

Business

05 Sep 2025 03:49 AM

Centre Plans Relief Package For Exporters Impacted By US Tariffs After GST Rationalisation

With the rationalisation of the Goods and Services Tax (GST) completed, the Indian government is preparing a targeted relief package for exporters impacted by steep US tariffs. According to official sources, the Centre is working on a set of schemes designed to help sectors that have been hit hardest by the 50 per cent import duties imposed by President Donald Trump, which included a 25 per cent penalty linked to India’s Russian oil purchases.

Business

Russian Oil Discounts Increase for India as US Tariffs Target Oil Imports

Russia is offering India bigger oil discounts, with the price of its Ural grade oil dropping to a discount of $3 to $4 per barrel, as reported by Bloomberg. The price reduction applies to cargoes expected to load in late September and October, reflecting Moscow’s efforts to maintain its oil trade with India amid rising tensions with the US. India has become a significant importer of Russian crude oil, especiall

Global News

02 Sep 2025 10:54 AM

Russian Oil Discounts Increase for India as US Tariffs Target Oil Imports

Russia is offering India bigger oil discounts, with the price of its Ural grade oil dropping to a discount of $3 to $4 per barrel, as reported by Bloomberg. The price reduction applies to cargoes expected to load in late September and October, reflecting Moscow’s efforts to maintain its oil trade with India amid rising tensions with the US. India has become a significant importer of Russian crude oil, especiall

Global News

PM Modi Urges India and China to Join Forces for Global Economic Stability

Prime Minister Narendra Modi has emphasized the importance of India and China coming together to bring stability to the global economic order, particularly in the face of the volatility created by US President Donald Trump’s tariff measures. In an interview with the Japanese daily Yomiuri Shimbun, PM Modi pointed out that as the two largest economies in Asia, India and China must work in harmony to ensure both regional peace and global economic stabilit

Global News

29 Aug 2025 10:03 AM

PM Modi Urges India and China to Join Forces for Global Economic Stability

Prime Minister Narendra Modi has emphasized the importance of India and China coming together to bring stability to the global economic order, particularly in the face of the volatility created by US President Donald Trump’s tariff measures. In an interview with the Japanese daily Yomiuri Shimbun, PM Modi pointed out that as the two largest economies in Asia, India and China must work in harmony to ensure both regional peace and global economic stabilit

Global News

Lindsey Graham criticizes India, China, Brazil over Russian oil amid Ukraine conflict

Following the narrative established during the Trump administration, South Carolina Senator Lindsey Graham has drawn a connection between US tariffs, the ongoing Russia-Ukraine conflict, and India’s role in the global energy market. On Wednesday, Graham responded sharply to reports of a deadly Russian strike in Kyiv that killed at least 23 people. His message on X directly addressed India, China, and Brazil for their continued purchase of Russian crude.

Global News

29 Aug 2025 03:46 AM

Lindsey Graham criticizes India, China, Brazil over Russian oil amid Ukraine conflict

Following the narrative established during the Trump administration, South Carolina Senator Lindsey Graham has drawn a connection between US tariffs, the ongoing Russia-Ukraine conflict, and India’s role in the global energy market. On Wednesday, Graham responded sharply to reports of a deadly Russian strike in Kyiv that killed at least 23 people. His message on X directly addressed India, China, and Brazil for their continued purchase of Russian crude.

Global News

Trump Opens US to 6 Lakh Chinese Students, Faces Fierce MAGA Backlash

In a dramatic policy turn, US President Donald Trump announced that 600,000 Chinese students will be allowed to study in American universities, describing the move as vital to Washington’s relationship with Beijing. Speaking from the Oval Office, Trump said, “We’re going to allow their students to come in. It’s very important, 600,000 students. But we’re going to get along with China.”

Global News

26 Aug 2025 07:06 AM

Trump Opens US to 6 Lakh Chinese Students, Faces Fierce MAGA Backlash

In a dramatic policy turn, US President Donald Trump announced that 600,000 Chinese students will be allowed to study in American universities, describing the move as vital to Washington’s relationship with Beijing. Speaking from the Oval Office, Trump said, “We’re going to allow their students to come in. It’s very important, 600,000 students. But we’re going to get along with China.”

Global News

Putin Dials PM Modi, Discusses Meeting with Trump Over Ukraine War

In a significant development, Russian President Vladimir Putin spoke to Indian Prime Minister Narendra Modi following his meeting with U.S. President Donald Trump in Alaska. The phone call focused on the ongoing Ukraine war and potential paths to a peaceful resolution. Prime Minister Modi reaffirmed India’s consistent stance of advocating for peace, emphasizing India’s support for efforts aimed at resolving the Ukraine conflict. The leaders also d

Global News

18 Aug 2025 10:27 AM

Putin Dials PM Modi, Discusses Meeting with Trump Over Ukraine War

In a significant development, Russian President Vladimir Putin spoke to Indian Prime Minister Narendra Modi following his meeting with U.S. President Donald Trump in Alaska. The phone call focused on the ongoing Ukraine war and potential paths to a peaceful resolution. Prime Minister Modi reaffirmed India’s consistent stance of advocating for peace, emphasizing India’s support for efforts aimed at resolving the Ukraine conflict. The leaders also d

Global News

India and US close to finalizing mini trade deal with tariff relief and agri access

India and the United States are close to concluding a mini trade deal that is expected to provide temporary relief from some of the additional tariffs imposed on Indian exports and open limited access for American agricultural and dairy products. According to sources familiar with the negotiations, the deal, though not final yet, is likely to be announced soon, with both governments aiming to conclude talks before the August 1 deadline set by the US administration. This agreement will serve a

General

15 Jul 2025 07:49 AM

India and US close to finalizing mini trade deal with tariff relief and agri access

India and the United States are close to concluding a mini trade deal that is expected to provide temporary relief from some of the additional tariffs imposed on Indian exports and open limited access for American agricultural and dairy products. According to sources familiar with the negotiations, the deal, though not final yet, is likely to be announced soon, with both governments aiming to conclude talks before the August 1 deadline set by the US administration. This agreement will serve a

General

Japan sees surprise GDP contraction amid weak exports, US trade risk

Japan's economy contracted in the first quarter of 2025 for the first time in a year, and the decline was sharper than expected. This latest data highlights the fragile nature of the country's recovery, now under added pressure from anticipated US trade actions that threaten to weigh further on exports and consumer sentiment. According to newly released government statistics, Japan’s real gross domestic product (GDP) shrank at an annualized rate of 0.7% from January

Finance & Economics

16 May 2025 07:56 AM

Japan sees surprise GDP contraction amid weak exports, US trade risk

Japan's economy contracted in the first quarter of 2025 for the first time in a year, and the decline was sharper than expected. This latest data highlights the fragile nature of the country's recovery, now under added pressure from anticipated US trade actions that threaten to weigh further on exports and consumer sentiment. According to newly released government statistics, Japan’s real gross domestic product (GDP) shrank at an annualized rate of 0.7% from January

Finance & Economics

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#ustariffs

US pushes G7 to impose tariffs on Russian oil buyers India and China

US pushes G7 to impose tariffs on Russian oil buyers India and China

Centre Plans Relief Package For Exporters Impacted By US Tariffs After GST Rationalisation

Centre Plans Relief Package For Exporters Impacted By US Tariffs After GST Rationalisation

Russian Oil Discounts Increase for India as US Tariffs Target Oil Imports

Russian Oil Discounts Increase for India as US Tariffs Target Oil Imports

PM Modi Urges India and China to Join Forces for Global Economic Stability

PM Modi Urges India and China to Join Forces for Global Economic Stability

Lindsey Graham criticizes India, China, Brazil over Russian oil amid Ukraine conflict

Lindsey Graham criticizes India, China, Brazil over Russian oil amid Ukraine conflict

Trump Opens US to 6 Lakh Chinese Students, Faces Fierce MAGA Backlash

Trump Opens US to 6 Lakh Chinese Students, Faces Fierce MAGA Backlash

Putin Dials PM Modi, Discusses Meeting with Trump Over Ukraine War

Putin Dials PM Modi, Discusses Meeting with Trump Over Ukraine War

India and US close to finalizing mini trade deal with tariff relief and agri access

India and US close to finalizing mini trade deal with tariff relief and agri access

Japan sees surprise GDP contraction amid weak exports, US trade risk

Japan sees surprise GDP contraction amid weak exports, US trade risk

Indian killed in Abu Dhabi by falling missile debris, another Pakistani dies

Russia and Taliban Strengthen Military Cooperation in Afghanistan

IPL Star Vaibhav Suryavanshi Meets PM Narendra Modi in Bihar

Weekend-Only Car Shopping Deals Guide | Save Big on Weekend Auto Offers

Microsoft Lays Off 9,000 More Employees, Total Job Cuts Over 15,000

England Announce Bold Jofra Archer Move for 3rd Test vs India

AI Chatbot 'Ryan' Highlights Global Labour Market at GLMC Riyadh

India’s First Vertical Lift Railway Bridge: The New Pamban Bridge

NDA Likely to Announce Vice Presidential Candidate on August 12, PM Modi and JP Nadda to Decide Nominee

Tiruvannamalai Girivalam Route Safety Concern: 8 Arrested In Two Cases

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