Tariff shock: Indian exports to US crash 28.5%; GTRI warns labour-heavy sectors hurt most, urges quick policy action

India’s exports to the United States saw a sharp 28.5% fall between May and October 2025 as aggressive tariff hikes by Washington hit key sectors. According to the Global Trade Research Initiative (GTRI), shipments dropped from $8.83 billion to $6.31 billion during the period, coinciding with US duties rising from 10% in April to 25%…

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Veiled jibe at the US? Jaishankar says politics now ‘trumps’ economics; urges India to diversify supply chains for security

File photo: External affairs minister S Jaishankar (Picture credit: ANI) External affairs minister S Jaishankar on Saturday said the world has entered an era where “politics increasingly trumps economics” and stressed that India must continuously diversify supply sources to safeguard national interests. The minister was speaking after receiving an Honorary Doctorate from IIM-Calcutta, reported PTI….

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US tariffs bite: India’s engineering exports slump 16.7% in October; Asean, EU and UAE shipments weaken

India’s engineering goods exports fell a steep 16.71 per cent year-on-year in October 2025 to $9.37 billion, primarily due to a sharp drop in shipments to the US and a high base effect, the Engineering Export Promotion Council of India (EEPC) said on Saturday.Exports to key markets recorded widespread declines, with the Asean region seeing…

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Rich Dad Poor Dad author’s advice to investors: ‘The biggest crash in history starts and the best option is to…’ | Business

Rich Dad Poor Dad author Robert Kiyosaki has reignited debate over his long-running market warnings after posting on X that “the biggest crash in history” has already begun. His message paints a picture of an economy under pressure from rapid technological change and widening global instability. Citing an AI-driven erosion of jobs and deepening stress…

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Residential sector: Tier II cities’ housing sales value rises 4%; strategic pause in launches keeps volumes lower, say analysts

Housing sales across India’s 15 major Tier II cities rose 4 per cent in value to Rs 37,409 crore in the July-September quarter of 2025, even as volumes declined, according to real estate analytics firm PropEquity. Sales fell 4 per cent year-on-year to 39,201 units during the quarter, while new housing supply dropped 10 per…

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Energy push: Oil India Limited begins deep offshore drilling in Kerala-Konkan basin; Hardeep Puri hails ‘inspirational stride’

File photo (Picture credit: PTI) Oil India Limited (OIL) launched a landmark offshore drilling campaign in the Kerala-Konkan basin by spudding its first deepwater well, Union petroleum and natural gas minister Hardeep Puri announced on Saturday.He described the development as an “inspirational stride” in India’s energy journey aligned with Prime Minister Narendra Modi’s vision.The frontier…

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Sebi REIT shift: MF and SIF investments to count as equity from 2026; existing debt-scheme stakes to be grandfathered

The Securities and Exchange Board of India (Sebi) has announced that investments made by Mutual Funds (MFs) and Specialised Investment Funds (SIFs) in Real Estate Investment Trusts (REITs) will be treated as equity-related instruments from January 1, 2026. The move is aimed at encouraging greater participation in the REIT market, reported news agency ANI.Sebi said…

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‘We have all the cards’: Donald Trump touts tariffs as cornerstone of US strength; claims levies made America ‘rich and safe’

File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump on Saturday defended his sweeping tariff regime, saying the duties had made the country “Rich, Strong, Powerful, and Safe,” in a post on his Truth Social account. Trump argued that because of the tariff framework he “set in place,” the United States…

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‘Continue to see relentless growth’: Piyush Goyal on India’s GDP after 8.2% Q2 surge; credits reforms and ease-of-business push

File photo: Union commerce and industry minister Piyush Goyal (Picture credit: ANI) Union commerce and industry minister Piyush Goyal on Saturday said India’s stronger-than-expected 8.2% GDP expansion in the July–September quarter reflects the government’s sustained reform drive and measures to make business operations smoother. Speaking during a national padyatra in Gujarat, he said the numbers…

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