August 14, 2025August 14, 2025 India’s merchandise trade deficit rose to $27.35 billion in July. This exceeded economists’ forecast of $20.35 billion and was up from $18.78 billion in June, according to government data released on Thursday. The widening gap was driven by an 8.6%…
India has gone from fund managers’ top Asian stock market pick to their least preferred in just three months amid US President Donald Trump’s tariff escalation, according to a Bank of America Corp. survey. In the most recent fund manager survey, 30% said they are underweight on India, followed by 20% for Thailand and 10%…
August 1, 2025August 1, 2025 India is ramping up efforts to boost trade ties with Latin America, targeting broader market access across the region’s key economies. A trade delegation is set to meet representatives from MERCOSUR this month to explore upgrading the existing Preferential Trade Agreement (PTA) into a…
August 1, 2025August 1, 2025 US President Donald Trump announced reciprocal tariffs as the 1st August deadline ended, sticking to the 25% tariff on India. The “additional penalties” linked to India’s business with Russia remain unclear. Pakistan, after signing a deal with the US, will face a 19% tariff,…
Indian police have arrested an employee of the crypto exchange CoinDCX in connection with a $44 million cryptocurrency theft but downplay the chances of recovery. Malware Infiltration Leads to Major Heist Indian police have arrested an employee of the crypto exchange CoinDCX in connection with a $44 million cryptocurrency theft, but authorities admit they face…
The announcement of a 25% tariff on Indian imports by Donald Trump has triggered shockwaves across global trade circles. The Trump Tariff on India is not just another headline—it’s a potential turning point for bilateral trade between two economic giants. With trade tensions already simmering in 2025, this new tariff introduces uncertainty for exporters, investors,…
India, July 22, 2025 / AlexaBlockchain/ – Avalanche, a high performance blockchain platform announced today that it has collaborated with Team1, a global network of builders, developers, creatives, and community members to launch a pilot $100,000 Team1 India Mini Grant fund, aimed at empowering and accelerating the Web3 ecosystem in India. This initiative represents a significant commitment to fostering…
“Please don’t fall for misinformation,” Indian crypto exchange CoinDCX’s Co-founder and CEO, Sumit Gupta, said Saturday amid allegations that the exchange moved user funds to non-compliant entities in Lithuania. The allegation was reportedly made by another Indian exchange, WazirX, which has been under scrutiny since last year’s $230 million hack. In an affidavit filed as…
The Indian Rupee moves higher against the US Dollar to near 85.65. India is in no rush to sign a trade pact with the US. FOMC minutes suggest that officials are worried about tariff-led inflation. The Indian Rupee (INR) gains against the US Dollar (USD) during the European trading session on Thursday. The USD/INR pair…
BRICS is accelerating plans to ditch the dollar in favor of national currencies, as Brazil’s Ambassador to India clarifies direction on a unified currency and signals sweeping financial shifts. Senior Brazilian Diplomat Addresses BRICS Currency Outlook Ahead of 2025 Summit Growing momentum among emerging economies to reduce reliance on the U.S. dollar has led to…