New U.S. taxes on American imports, even at 25 percent, will hurt many Indian businesses and may put vast numbers of people out of work.

Prominent US economist Jeffrey Sachs on Thursday strongly criticised President Donald Trump’s decision to impose steep punitive tariffs on India, calling it one of the worst blunders in American foreign policy.

Ecuador, meanwhile, is closely tracking tariffs on India to seize on business opportunities, but producers there will go slow on new investments amid uncertainty over whether India and the Trump administration could strike a tariff deal, said Jose Antonio Camposano, president of National Chamber of Aquaculture of Ecuador.

Xu Feihong urges stronger China-India trust and cooperation, highlights resumed pilgrim visits and anticipates PM Modi’s SCO Summit trip in Tianjin after Xi Jinping’s invitation. Read here

NEW DELHI (AP) — U.S. President Donald Trump has vowed additional 25% tariff on India for its purchases of Russian oil, bringing the combined tariffs imposed by the United States on its ally to 50%. India has called the additional tariffs “unfortunate.”

President Trump focuses on the trade in manufactured goods, where India sells more to the U.S. than it buys. But the countries share a balanced trade in services.

Announcement likely to be made during Indian premier's Japan visit later this month, Japanese media reports - Anadolu Ajansı

By Pranoy Krishna and Vivek Mishra BENGALURU (Reuters) -Pressured by U.S. tariffs and foreign investor outflows, India's stock markets will manage to eke out only modest gains by year-end, according to a Reuters poll of equity analysts who have pushed back their forecast for a new record high to 2026.