India on Saturday announced a hike in customs duties on as many as 28 US products, including almond, pulses and walnut, in response to higher tariffs imposed by Washington on Indian products like steel and aluminium.
After extending the deadline several times, the Finance Ministry has decided to impose additional customs duties on 29 US products including almond, walnut and pulses, with effect from June 16.
U.S. President Donald Trump said on Friday "it doesn't matter" if Chinese leader Xi Jinping attends the Group of 20 summit later this month in the Japanese city of Osaka, predicting a trade deal with Beijing would occur at some point anyway.
PM Narendra Modi holds delegation level talks with Chinese President Xi Jinping on the sidelines of the Shanghai Cooperation Organisation Summit;
Bangladesh, China, India and Myanmar (BCIM) on Thursday called for upholding multilateralism and free trade.
The UK High Court on Wednesday denied bail to diamond merchant Nirav Modi, who is fighting his extradition from Britain to India in the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case.
China, badly hurt by increased American import tariffs, is desperate to have a trade deal with the US, President Donald Trump has asserted, as the trade war between the two economic giants appeared set to escalate in the coming weeks.
The world's top finance policymakers Sunday weighed the impact of ballooning trade tensions on the global economy amid differences over the extent to which they are dragging on growth.
The United States on Friday gave Turkey until the end of July to abandon its purchase of a major Russian missile defense system, which Washington considers incompatible with Ankara's participation in the F-35 fighter jet program.
The Indian Air Force Thursday hammered out a Rs 300-crore deal with Israel for around 100 Spice 2000 bombs, the weapon used during the February 26 air strikes in Pakistan’s Balakot, two defence ministry officials said on the condition of anonymity.
Iranian and US officials are in the early stages of negotiating an agreement to allow Tehran to sell limited quantities of oil in exchange for goods, Iraqi sources have told Arab News.