Author: Malavika Subramanyan

Reserve Bank of India (RBI) Governor Sanjay Malhotra expressed confidence that the recent tariff hikes imposed by the United States would not significantly disrupt India’s economic stability. Addressing the media following the RBI’s latest monetary policy review, Malhotra emphasized that unless India introduces retaliatory tariffs, the effects of the US actions would be minimal. “We don’t anticipate any major economic fallout unless countermeasures come into play, which seems unlikely,” he noted. Malhotra added that diplomatic dialogue could lead to a peaceful resolution of current trade tensions between New Delhi and Washington. The RBI had already adjusted its GDP growth outlook…

In a historic celebration of spiritual devotion and cultural pride, North America’s tallest idol of Lord Ram, standing 51 feet tall, was unveiled at the Hindu Heritage Center in Mississauga, a key city in the Greater Toronto Area. Thousands of devotees gathered on Sunday to witness the grand ceremony, which was attended by prominent Canadian federal ministers, political leaders, and dignitaries. Among those present were Minister of International Trade Maninder Sidhu, Minister for Women and Gender Equality Rechie Valdez, President of the Treasury Board Shafqat Ali, and Andrew Scheer, interim leader of the opposition in the House of Commons. Sidhu,…

During a public address in Uttar Pradesh on August 3, Prime Minister Narendra Modi delivered a strong message of economic self-reliance, emphasizing support for the ‘Make in India’ initiative. The statement came in response to a 25% tariff on Indian goods recently announced by US President Donald Trump, alongside growing pressure on India to curb its oil imports from Russia. “We must adopt a single rule while buying—choose only what is made with the hard work of Indian hands,” Modi asserted, rallying citizens toward indigenous production amidst increasing global volatility. Trump’s rhetoric has sharpened in recent days, accusing India of…

Despite the imposition of a 25% tariff on Indian exports by US President Donald Trump, India has confirmed that trade negotiations between the two countries remain active. An Indian government official familiar with the matter stated on Friday that New Delhi is still in discussions with Washington, aiming to resolve key trade issues and maintain the momentum of bilateral ties. The new import duties announced by Trump affect multiple nations, with tariffs including 35% on Canadian products, 50% on imports from Brazil, 20% on Taiwanese goods, and 39% on Swiss exports. These tariffs were enacted through a presidential executive order…

Canada has officially appointed Jeff David as the new Consul General in Mumbai, marking a pivotal moment in mending fractured ties with India. The announcement, made by Canadian Foreign Minister Anita Anand, signals Ottawa’s intent to turn the page after a prolonged diplomatic rift. Jeff David replaces Diedrah Kelly, and his appointment is the first major diplomatic gesture since 2023, when relations between the two countries sharply deteriorated. The reset comes on the heels of a high-profile meeting between Indian Prime Minister Narendra Modi and his Canadian counterpart Mark Carney at the G7 Summit in June. During the meeting, both…

In a strong move targeting India’s trade practices, US President Donald Trump has announced a 25% tariff along with an additional penalty on Indian imports starting August 1. Labeling India’s trade environment as heavily restricted, Trump stated that the country maintains “the highest tariffs in the world” and imposes “obnoxious non-monetary barriers” that have long hindered equitable trade with the United States. Reacting to Trump’s social media declaration, India’s Ministry of Commerce & Industry issued a calm yet firm statement. The government affirmed it had taken note of the development and is reviewing the potential implications. India reiterated its commitment…

With the August 1 deadline approaching, the long-anticipated trade agreement between the United States and India remains unsettled. President Donald Trump, while returning from Scotland, confirmed the deal was not yet finalized, raising the possibility of imposing tariffs between 20% and 25% on Indian goods. “I think so,” Trump said when asked about the potential rate, adding that although he shares a friendly rapport with Indian Prime Minister Narendra Modi, he believes India’s trade policies are excessively protectionist. Trump reiterated that India has been levying significantly higher duties compared to other nations, saying, “You just can’t do that.” His remarks…

Dr. Navneet Kaur, the Vice Chairperson of the All India Sustainable Development Council (AISDC), stood out as India’s voice for change at the United Nations in New York. She addressed a distinguished audience during a high-level UN Women hearing on July 24, marking the 30th anniversary of the Beijing Declaration. Alongside UN Women Executive Director Sima Bahous, Dr. Kaur pressed for urgent action toward gender equality, cautioning that without intervention, women may have to wait another century for full rights. “We’re not here to merely participate — we’re here to lead,” Dr. Kaur affirmed. Her message echoed the urgency…

In a groundbreaking collaboration between two of the world’s top space agencies, the Indian Space Research Organisation (ISRO) and NASA are preparing to launch the NISAR (NASA-ISRO Synthetic Aperture Radar) satellite next week. This joint effort marks a milestone in space innovation and international scientific cooperation. Set for liftoff from the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh, the NISAR satellite will be launched aboard ISRO’s GSLV-F16 rocket at 5:40 p.m. It will enter a Sun-Synchronous Orbit (SSO) at an inclination of 98.4 degrees, orbiting 743 km above Earth’s surface. Built over several years by teams across continents, NISAR…

Britain and India have officially entered into a transformative free trade agreement during Indian Prime Minister Narendra Modi’s visit to the UK, marking a milestone in both nations’ economic relations. This accord, which follows three years of on-and-off negotiations, comes as the world grapples with shifting trade dynamics influenced by tariff disputes beyond their borders. The agreement is widely seen as a pivotal step for both economies, offering significant opportunities for growthand collaboration. By substantially lowering tariffs on a wide range of products including textiles, whisky, cars, and other industrial goods, the deal is poised to drive more competitive pricing…