Trump's hefty tariffs on Indian goods go into effect; escalates tensions

U.S. President Donald Trump's doubling of tariffs on goods from India to as much as 50% took effect as scheduled on Wednesday, escalating tensions between the world's two largest democracies and strategic partners.

27 Aug 2025 1:40 pm

RBI reaffirms growth-stability balance, downplays US tariff threat

The Reserve Bank of India has not lost sight of its growth objective and will continue to set monetary policy keeping in mind its primary objective of price stability while monitoring economic growth, Governor Sanjay Malhotra said on Monday.

25 Aug 2025 3:50 pm