Economic Shift News - Latest Updates & Headlines
Jaishankar says US tariffs prompted India to seek out complementary partners in West
New Delhi, April 11: Amid the tariffs imposed by the Donald Trump administration on countries across the world including India, External Affairs Minister S Jaishankar on Friday said that the US has fundamentally changed its approach to engaging with the world and that this shift has prompted India to seek out more complementary partners, which are the open market economies in the West.
US companies may relocate from China to India, say exporters
New Delhi, April 10: Indian export leaders are optimistic that the ongoing US-China trade tensions could create significant opportunities for India in both trade and foreign investment, according to statements from key industry figures.
Global consumption shifting to India, emerging Asia from America and Europe: McKinsey Report
New Delhi, January 28: The global consumption pools are witnessing a significant shift from regions like North America and Western Europe to India and emerging Asia, according to a report by McKinsey Global Institute.
India will face over USD 14.6 bn in additional duties, if US imposes 20 per cent tariff: BCG Report
New Delhi, January 13: The ASEAN region, alongside India, stands out as a major beneficiary of the ongoing geopolitical shifts. India's trade is forecasted to grow at an impressive 6.4 per cent annual rate, reaching USD 1.8 trillion by 2033 according to Boston Consulting Group (BCG) report.