India, for its part, has expressed similar optimism. Commerce and Industry Minister Piyush Goyal, speaking to the press in France on Monday, June 2, confirmed, “Both countries are committed to work together, and both desire to give preferential access to each other’s businesses. We are working towards the bilateral trade agreement.”

That is the largest greenfield project we have ever invested anywhere in the world."(Source: ANI) The Uttarakhand government has increased the ex-gratia amount given to the family of martyred soldiers from Rs 10 lakh to Rs 50 lakh.

Despite being the world's most populous nation, the fourth-largest economy, and a nuclear power, India finds itself in a tricky position when engaging with a leader like Trump, who pressures allies with tariffs and threats,

US President Donald Trump has warned that if US courts strike down his tariff policy, it could lead to the ‘economic ruination’ of the country. In a fiery Truth Social post, Trump said foreign nations could then hold America hostage using anti-US tariffs.

India's engineering exports face significant headwinds as the US prepares to impose a 50% tariff on steel and aluminium imports, effective June 4, 2025. This move, doubling existing duties, threatens approximately $5 billion in annual exports,

As former US President Donald Trump imposes 50 per cent tariffs on steel and aluminium from 4 June, New Delhi should leverage ongoing FTA talks rather than escalate trade tensions, advises the Global Trade Research Initiative (GTRI).

Steel companies in South Korea and Vietnam faced big losses on Monday after U.S. President Donald Trump announced he would double tariffs on steel and aluminium imports to 50%. These new tariffs are set to start on June 4 and come as part of an escalating global trade conflict.

Wells Fargo's Christopher Harvey thinks a 10% tariff could be split evenly between importers, corporations, and consumers.