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India’s first reaction on Donald Trump’s 26% reciprocal tariffs: ‘It’s mixed bag, not setback…’

India and the US are currently in discussions regarding a bilateral trade agreement. (AI image) India has termed US President Donald Trump’s announcement of 26% reciprocal tariffs a ‘mixed bag’ and not a ‘setback’. The commerce ministry is assessing the 26% reciprocal tariffs imposed by the US on India, a senior government official said on…

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Donald Trump reciprocal tariffs: Why India’s agricultural exports are likely to be little affected

Trump’s tariffs on Indian products would have a restricted impact on crucial agricultural exports. India may sustain or potentially increase its agricultural exports to the United States, despite US President Donald Trump’s new reciprocal tariff implementation, according to distinguished agricultural economist Ashok Gulati.The Trump administration’s 26 per cent “discounted reciprocal tariff” on Indian products would…

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Stock market today: BSE Sensex tanks over 500 points; Nifty50 near 23,200 as Trump imposes 26% reciprocal tariffs on India

Market experts indicate that Indian equities are likely to experience fluctuations, influenced by global market reactions. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in red on Thursday after US President Donald Trump announced 26% reciprocal tariffs on India. While BSE Sensex dipped over 500 points, Nifty50 was…

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Cheer on reciprocal tariffs! Donald Trump spares India’s pharmaceutical industry

The US market represents 30% of Indian pharmaceutical exports. (AI image) US President Donald Trump has provided significant relief to India’s pharmaceutical sector by excluding pharmaceuticals from the new reciprocal tariffs regulation on Thursday.“Some goods will not be subject to the Reciprocal Tariff. These include: (1) articles subject to 50 USC 1702(b); (2) steel/aluminum articles…

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NPCI, banks tie up to curb fraud in UPI

CHENNAI The National Payments Corporation of India (NPCI) is piloting a ‘federated model’ in collaboration with banks to eliminate frauds using UPI transactions. India’s umbrella organisation for operating retail payments and settlement systems is also leveraging AI and machine learning tools to detect suspicious transactions through UPI. NPCI chief risk officer Viswanath Krishnamurthy said that…

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