October 14, 2026
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Indian apparel manufacturer Gokaldas Exports expects its operating margins to recover in fiscal 2027 following lower U.S. tariffs under the recent India–U.S. trade agreement. Managing Director Sivaramakrishnan Ganapathi said the company anticipates quarterly core profit margins to rise to early double digits, compared with 9.7% reported in the third quarter of fiscal 2026. Continue Reading
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The US Supreme Court recently struck down the reciprocal tariffs, prompting President Donald Trump to announce a temporary 10% global tariff on imports, effective February 24, 2026, for 150 days. Certain products, including critical minerals, electronics, pharmaceuticals, aerospace items, passenger vehicles, and agricultural goods, are exempt. For India, this move reduces Continue Reading
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The United States may consider easing additional tariffs on Indian goods after a sharp decline in India’s imports of Russian crude oil, U.S. Treasury Secretary Scott Bessent indicated on Friday. Speaking at the World Economic Forum, Bessent said India’s reduced purchases of Russian oil marked a “success,” opening a potential pathway to roll back the […]Continue Reading
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India’s Russian oil imports are expected to fall sharply in January after Reliance Industries, the country’s largest buyer of Russian crude, said it does not expect any deliveries during the month. Reliance, which operates the world’s biggest refining complex at Jamnagar, confirmed it has not received Russian oil for nearly three weeks, contradicting reports that […]Continue Reading

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