Bihar Conclave 2025

US Tariffs

Japanese Prime Minister Shigeru Ishiba resigns as LDP leader following electoral losses, ending his 11-month tenure amid mounting party pressure.

A day after saying the US had ‘lost’ India to China, President Trump praised PM Modi as a 'great Prime Minister' and affirmed their friendship at a White House press conference.

The GST Council approved a two-tier tax structure of 5 per cent and 18 per cent on Wednesday. The new rates will apply from 22 September.

A federal appeals court struck down most of the Trump administration’s global reciprocal tariffs, ruling that President Trump lacked the authority.

Indian stock markets open slightly higher with FMCG stocks in the lead, as investors weigh US tariffs and await economic policy signals.

Rajya Sabha MP Dr Dinesh Sharma said on Sunday that India is advancing strongly on the path of self-reliance.

Prime Minister Narendra Modi will chair a key Union Cabinet meeting in New Delhi on Wednesday, focusing on rising US tariffs and India's strategic response.

India will continue buying oil from sources offering the best deal, prioritising energy security despite US tariff hikes on Indian imports.

Analysts say the US tariff hike will have a limited effect on India, with strong domestic demand cushioning textiles, gems, and other exports.

Apple will manufacture all iPhone 17 models in India across five factories, including new Tata and Foxconn plants, as it shifts output from China.