Trump’s tariffs drag down Indian exports to US by 9% in October, Pg19
Trump's 50% tariffs caused a 9% drop in Indian exports to the US in October, exacerbating India's record $42B trade deficit.
Explore UPSC Current Affairs articles related to Effects of Liberalization on the Economy.
Trump's 50% tariffs caused a 9% drop in Indian exports to the US in October, exacerbating India's record $42B trade deficit.
COP30 witnesses developing nations highlighting trade impacts of climate policies, particularly EU's Carbon Border Adjustment Mechanism (CBAM).
Government rethinks quality control orders amid MSME concerns, NITI Aayog report reveals adverse impacts on competitiveness and market concentration.
India pushes rupee internationalization via trade pacts, local currency settlements, and enhanced payment system integrations to reduce USD dependence.
States compete fiercely for investments, shifting from central patronage to competitive federalism, boosting economic growth and policy innovation nationwide.
India's GDP growth projected at 6.9% amid tariff impacts and domestic demand strategies, with focus on income growth and job creation.
Cabinet approves Rs 25,000 crore export mission and Rs 20,000 crore credit to counter US tariffs impact.
Global Inequality Report reveals widening wealth gap as capital owners gain while workers' wages stagnate, fueling social disparities.
NITI Aayog reveals Quality Control Orders (QCOs) backfired, increasing input costs, delaying production, and hurting MSMEs and exports.
AI boom masks economic fissures as US tariffs and fiscal deficits fuel global uncertainty, threatening stability and future growth.
China extends tariff suspension on U.S. goods for one year following Xi-Trump talks, easing trade tensions between the two nations.
China partially lifts tariffs on US goods post-summit, but soybean tariffs remain, favoring cheaper Brazilian imports over US.
Government panel revises SEZ norms, enabling exporters to access domestic markets amid US tariff pressures and boost manufacturing.
BRICS nations intensify efforts to challenge SWIFT dominance with BRICS Pay, aiming for financial sovereignty and reduced reliance on the dollar.
In 2025, foreign portfolio investors (FPIs) have made substantial investments in India’s debt market—₹69,073 crore ($7.8 billion)—even as they pulled out capital from equities, reflecting a growing global preference for Indian fixed-income assets amid economic stability and monetary reforms.
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