Union Information and Technology Minister Ashwini Vaishnaw on Sunday said that the country would witness the rollout of its first made-in-India chip "very soon" as six semiconductor plants are under construction in Gujarat, Assam and Uttar Pradesh.
Trump's decision to double tariffs on Indian exports targets oil-linked trade tensions. While MSMEs may face short-term setbacks, India's broader global outreach and exempted sectors are expected to cushion the blow.
"We are contributing about 18%, which is more than the US where the contribution is expected to be much less – about 11% or something. We are doing very well and we will continue to improve further," the RBI governor said.
The 25% tariff on Indian goods announced by Donald Trump might end up doing more damage to the American economy than to India’s, as per the SBI research report.
Donald Trump claimed India would be paying a 25% tariff on exports to the US, but that's misleading. In reality, US importers pay the tariff, often passing the cost to consumers through higher prices
The Ministry of Corporate Affairs has reported that 6688 companies have left West Bengal between 2011-12 and 2024-25. According to the ministry, one-third of these, i.e. more than 2200 companies, have left the state since 2019.