Putin deepens economic ties with India
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India-Russia agreements: What do they mean for the Indian economy? Can they mitigate US tariff pain?
The recent India-Russia Annual Summit signals a potential shift. Experts highlight the significance of new trade agreements, but caution that while enhanced cooperation with Russia can provide some relief,
NEW DELHI, Dec 6 (Reuters) - India’s economic growth will accelerate to at least 7% this year as fundamentals remain robust despite global uncertainties, Finance Minister Nirmala Sitharaman said on Saturday.
The world's fifth-largest economy is under pressure from punitive tariffs imposed by Trump, widening its trade deficit and pushing its currency to a record low.
Finance minister Sitharaman emphasized a major reform of India's customs duty structure and projected a 7% economic growth this fiscal year. The minister talks about rupee, consumtion and more
In a quarter that was partially affected by the 50% U.S. tariffs, the Indian economy grew 8.2% in July to September period.
India’s growth momentum is set to continue, and the government expects the economy to expand by at least 7% in the financial year through March, Finance Minister Nirmala Sitharaman said.
Former Pentagon official Michael Rubin says Donald Trump’s policies have weakened US-India ties, pushing New Delhi closer to Russia, as Vladimir Putin pledges uninterrupted fuel supplies despite Western criticism.
India's economy grew at its fastest pace in 18 months in the July-September period, lifted by robust consumer spending and front-loading of production ahead of local festivals and punitive U.S. tariffs.