Donald Trump on April 2 imposed a series of tariffs on nations across the world including a 10 per cent tariff on virtually everything coming into the United States. The tariff on India has been set as 26 per cent, while China has taken the biggest hit with 145 per cent levies.
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4 min read24 Apr 2025President Trump’s apparent softening on tariffs has strengthened Chinese officials’ resolve that he will eventually cave if they wait him out.
5 min read24 Apr 2025Economist Jeffrey Sachs explains the basic logic of how global trade works, and says the US will be the BIGGEST loser of this trade war. He also outlines why trade deficits don’t mean that the world is cheating the US, it just means that Americans buy a lot. He also cautions countries like India against falling into Trump’s trap... asking countries to unite against protectionist policies that’ll wreak havoc on the world. Watch
24 Apr 2025The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared