‘Anchor of stability’: RBI guv hails India’s growth story amid volatile world; warns global trade policies could ‘permanently damage’ some economies

India’s strong economic fundamentals have positioned the country as a pillar of stability in a turbulent world, Reserve Bank governor Sanjay Malhotra said on Friday.He stated that the ongoing trade policy landscape restrictions could perhaps pose permanent damage to the growth of some economies, though India remains firm.“This is quite a feat…makes India stand out…

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Alternatives to Russia oil: India’s Reliance, Nayara ramp up supplies to Brazil, Turkey, UAE; plug in shortages as Russian refineries hit

The majority of Indian exports to Brazil and Turkey originated from Reliance, with Nayara providing a smaller portion. (AI image) With Russia’s oil refineries being damaged by Ukraine attacks, India’s oil companies are plugging in the resulting shortages in the global oil markets. India has moved to fill fuel supply gaps in Russia’s primary markets…

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India-Russia trade: Putin orders officials to increase imports to address trade imbalance; ‘losses faced by India due to US tariffs…’

The Russian president indicated that to address trade disparities, Russia could increase its imports of agricultural goods and pharmaceutical products from India. (AI image) India and Russia are looking to deepen trade ties, with Russian president Vladimir Putin instructing officials to formulate strategies to address the trade imbalance. This includes increased procurement of agricultural goods…

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‘Indian economy resilient, can absorb shocks’: FM Sitharaman amid 50% US tariffs; targets 8% GDP growth

Union finance minister Nirmala Sitharaman on Friday highlighted India’s growing economic resilience and said that the nation is well-equipped to absorb external shocks, amid ongoing external trade tensions.“Our capacity to absorb shocks is strong, while our economic leverage is evolving. Our choices will determine whether resilience becomes a foundation for leadership or merely a buffer…

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‘Starting to kick in’: Trump hints at $1,000–$2,000 ‘tariff dividend’ for Americans; what it means

US President Donald Trump on Thursday said that he is considering giving Americans up to $2,000 in rebates from revenues generated by his tariff policies, calling the payments a “dividend to the people of America.”“They’re just starting to kick in,” Trump said in an interview with One America News Network, referring to the tariffs imposed…

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TCS hiring, cybersecurity moves under US, UK lens

BENGALURU: Tata Consultancy Services (TCS) is under scrutiny as lawmakers in both the US and UK press CEO K Krithivasan for answers regarding the company’s employment practices and cybersecurity protocols. US Senators Charles E Grassley and Richard J Durbin from the senate judiciary committee wrote to TCS CEO K Krithivasan, raising concerns about the company’s…

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