Reliance To Follow EU’s Fuel Export Rules After Fresh Sanctions On Russian Oil
Reliance Industries on Friday said it will comply with the EU’s new rules on refined fuel exports following fresh sanctions on Russian oil.
Putin Calls US Sanctions ‘Serious’ But Says Russia’s Economy Will Remain Stable
Russian President Vladimir Putin said US sanctions on Rosneft and Lukoil are serious but will not significantly impact Russia’s economy.
US Trade Representative Hails India’s ‘Pragmatic’ Approach In Ongoing Trade Talks
US Trade Representative Jamieson Greer praised India’s 'pragmatic' stance in talks to reach a mutually beneficial trade deal.
Hungary Defends Russian Oil Purchases; Accuses EU States Of Hidden Imports
Hungarian Foreign Minister Peter Szijjarto defended his country’s continued imports of Russian oil, arguing that Hungary has no alternatives.
US Exempts Indian Pharmaceuticals From Tariff Hike Amid Dependence On Generics
The Indian pharmaceutical industry has been exempted from the US tariff hike, announced by President Trump on 27 August, after raising India-related tariffs to 50% on Russian oil purchases.
Analysts Say US Tariffs Will Have Limited Effect On India’s Growth
Analysts say the US tariff hike will have a limited effect on India, with strong domestic demand cushioning textiles, gems, and other exports.
Putin Highlights 20% Rise In Russia-US Trade Under Trump; Offers Broader Cooperation
Putin said Russia-US trade has risen 20% under Trump, signalling scope for wider cooperation in technology and space.
President Trump Slaps Additional 25% Tariff On Indian Imports; India Calls It ‘Unfair’
India criticises Trump’s 25% import tariffs as unfair and vows to protect national interest amid pressure over Russian oil imports.
Trump Says Will Raise Tariffs On India ‘Substantially’ In Next 24 Hours
Donald Trump said that he will raise tariffs on India again within 24 hours. This comes after he announced a 25 per cent tariff from August 7.
Russia Slams Trump’s Tariff Warning To India; Calls Pressure Illegal
Russia has condemned the Trump tariff threat to India. It called the US pressure 'illegal' and an attack on sovereign trade rights.
