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Anirban Chowdhury | 29:13 Min | July 24, 2025, 6:16 AM IST

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Hans India
29 minutes ago
- Hans India
India's domestic mkt resilient to global odds: Moody's
New Delhi: Moody's Ratings on Monday said curtailed access to the US market will diminish prospects for India to develop its manufacturing sector, but the country's domestic demand will remain resilient to these external pressures. US President Donald Trump has announced a 25 per cent duty on imports from India, which will come into effect from August 7 (9:30 am IST). These will be over and above the existing standard import duty in the United States. On top of the import duty, Trump has announced imposing a 'penalty' on India for Russian imports. However, the rate of penalty is yet to be announced. Moody's Ratings, Senior Vice-President, Christian de Guzman, said the revised tariff rate assessed on Indian goods is significantly above those from other major exporters in the APAC (Asia-Pacific) region, many of which have duty rates between 15 per cent and 20 per cent. 'Curtailed access to the largest economy globally diminishes prospects for India's ambitions to develop its manufacturing sector, particularly in higher value-added sectors such as electronics,' Guzman said. The higher tariffs relative to other countries also disadvantaged India as it vies for a greater share of trade and investment flows away from China, which has been subject to even more severe tariff treatment by the US, he added. India and the US are currently negotiating a bilateral trade pact. The US is India's largest trading partner, accounting for 18 per cent of India's total merchandise exports in 2024.

Time of India
an hour ago
- Time of India
Morning Brief Podcast: US' Tariff Blow: What can India Do?
Morning Brief Podcast (ET Online) US' Tariff Blow: What can India Do? Anirban Chowdhury | 26:23 Min | August 05, 2025, 7:00 AM IST LISTEN 26:23 LISTENING... What happens when economic friction between two global partners sparks deeper strategic questions? In this episode of The Morning Brief, host Anirban Chowdhury sits down with global trade expert Agneshwar sen to unpack the recent U.S. tariff imposition on India and its far-reaching implications. From the unexpected 25% tariff to the intricate triangle of the U.S.-India-Russia ties, the conversation navigates the fine line between trade penalties and geopolitical signaling. Is Washington's move a matter of policy consistency or a sign of deeper mistrust? Agneshwar Sen explores India's path forward through diversification, smarter trade alignments, and the urgent need for a robust bilateral trade pact. As August 7 looms, the episode offers a nuanced look at how India can weather economic turbulence while safeguarding strategic autonomy.


Economic Times
3 hours ago
- Economic Times
Aquarius Daily Horoscope Today, 5th August 2025: Clarity surfaces through introspection and planning.
Synopsis The Moon will transit through the Sagittarius sign. It boosts your optimism and long-term vision. Mercury will be retrograde in the Cancer sign. It urges caution in communication and commitments. There can be gains from personal matters. ET Online Disclaimer Statement: This content is authored by a 3rd party. The views expressed here are that of the respective authors/ entities and do not represent the views of Economic Times (ET). ET does not guarantee, vouch for or endorse any of its contents nor is responsible for them in any manner whatsoever. Please take all steps necessary to ascertain that any information and content provided is correct, updated, and verified. ET hereby disclaims any and all warranties, express or implied, relating to the report and any content therein.