Can US President Donald Trump’s Tariffs Halt India’s Growth? 5 Reasons They Won’t Succeed

August 14, 2025 1:24 PM

Can US President Donald Trump’s Tariffs Halt India’s Growth? 5 Reasons They Won’t Succeed

In the backdrop of "Howdy Modi" and "Ab ki Baar, Trump Sarkar," which amplified the bonhomie in the India-America relationship shaped during George W. Bush's time, US President Donald Trump's sugar-uncoated remarks on imposing a 25 percent trade tax and penalty on India for dealing with Russia on energy and military equipment have not only taken a geopolitical turn but could also destabilize America's economy, as inflation and household expenses could spiral up and potentially hit his grandiose ...

Indian services sector stays strong in July on surge in orders and global demand: HSBC PMI

August 5, 2025 12:32 PM

Indian services sector stays strong in July on surge in orders and global demand: HSBC PMI

India’s services sector continued its strong performance in July, buoyed by a steady rise in new business orders and increased international sales, according to the latest HSBC India Services Purchasing Managers’ Index (PMI). The seasonally adjusted Services PMI stood at 60.5 in July, barely changed from 60.4 in June, reflecting a sustained and sharp expansion in business activity. This marks the strongest growth rate since August 2024, underscoring the sector’s resilience. “At 60.5, t...