Try GOLD - Free
INDIA MUST PLAY THE TRUMP CARD WISELY
Indian Economy & Market
|March 2025
Prime Minister Narendra Modi’s trip to Washington was brief yet significant.
The positive optics and their evident camaraderie indicate a solid foundation for India-U.S. relations over the next four years. However, Shivanand Pandit says that as India navigates its engagement with the new U.S. administration, it must carefully evaluate its interests, assert its position when necessary, and push back where required to protect its strategic and economic priorities. A relationship built on short-term gains, rather than principles of statecraft, legality, and humanitarian values, may not serve India’s long-term interests in strengthening ties with the United States.
Prime Minister Narendra Modi’s recent trip to Washington was brief yet significant, marked by several key developments. Taking place less than a month after U.S. President Donald Trump assumed office, Modi became the fourth world leader to engage in bilateral talks with him, following the leaders of Israel, Japan, and Jordan—all-important U.S. allies. The joint statement issued after their meeting highlighted various substantive discussions. While much of the focus was on India’s purchases of American goods and investments in the U.S., both sides managed to sidestep some anticipated challenges. A major announcement was the launch of ‘Mission 500,’ aiming to achieve $500 billion in bilateral trade by 2030, along with the initiation of discussions on a free trade agreement, with the first draft expected this year. President Trump also confirmed an increase in Indian imports of U.S. energy, oil, and defence equipment—steps expected to help reduce the $45.7 billion U.S. trade deficit within the $130 billion total goods trade.
This story is from the March 2025 edition of Indian Economy & Market.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Indian Economy & Market
Indian Economy & Market
THE RISE OF AGROCHEMICAL INDUSTRY India
A PATHWAY TO GLOBAL LEADERSHIP
5 mins
July 2025
Indian Economy & Market
TRADE WAR: CHINA'S WEAPONISATION OF RARE EARTHS
After Beijing announced new restrictions on exporting rare earth minerals and the specialised magnets they make, the world's auto industry warned of shortages that could force factory closures. China's recent skilful deployment of rare earth sanctions was probably the key factor in forcing Washington to reverse its tariff rises on the country. They represent a new era of Chinese economic statecraft — evidence of a sanctions policy capable of pressuring not only small neighbours but also the world's largest economy.
2 mins
July 2025
Indian Economy & Market
"We are strengthening the MSE ecosystem by enhancing access to collateral-free credit and reducing the credit risk for lenders"
How you feel about this year’s Budget announcements as the head of the CGTMSE? Do you think the finance minister has done justice with your demands/ expectations?
7 mins
July 2025
Indian Economy & Market
RUPEE BATTLES ROUGH TIDES
Why Has the Rupee Weakened So Substantially, And What Does the Future Hold for Its Trajectory?
6 mins
July 2025
Indian Economy & Market
ket Ind Ind SUPER INTELLIGENCE
“Al has been driving the stock market to record highs, but the market has the look and feel of a super-bubble,” says James Rickards. He feels that “the crash could come anytime and bring the market down by 50% or more. That’s not a reason to short the major stock indices today. The bubble can last longer than anyone expects. If you short the indices, you can lose a lot of money being wrong. But it is advisable to lighten up on equity allocations and increase your allocation to cash in order to avoid the worst damage when the crash does come.”
6 mins
July 2025
Indian Economy & Market
SOCIALISM, DEMOCRACY AND ECONOMICS
The 2025 New York City mayoral election is scheduled to be held on November 4, 2025. Incumbent Eric Adams, who was elected as a Democrat, is seeking reelection to a second term as an independent.
6 mins
July 2025
Indian Economy & Market
STRENGTHENING TRUST IN THE STOCK MARKET
Securities and Exchange Board of India's 210th board meeting, held on June 18, 2025, saw the approval of a series of amendments designed to enhance various facets of market regulation and governance. Some of these changes were long overdue, while others—though technical—have the potential to quietly reshape market operations. The reforms are designed to simplify compliance processes, enhance transparency, and promote greater ease of doing business across the capital market ecosystem. Shivanand Pandit discusses in detail.
5 mins
July 2025
Indian Economy & Market
Those 'Emergency Days'
It still haunts me. I can never forget those days. And I'm sure many people, who were young enough to understand and feel the current, will ever forget those 'Emergency' days.
12 mins
July 2025
Indian Economy & Market
Everything You Do or Say is Public Relations
These are uneasy times for anyone who manages anything worth its salt - be it an organization, business, or even self-branding either in a creative field or politics. It is the aftermath of the emergence of management technology that has been adopted almost everywhere and, in every sphere, consciously or otherwise, that has helped transform the way we see, think and act.
3 mins
July 2025
Indian Economy & Market
Strategically Navigating Weaker Global Growth
Global economy is seen running into turbulence as trade and geopolitical uncertainties threaten unwinding the gains of yesteryears. The World Bank, in its Global Economic Prospects (GEP, 2025) report for June 2025, forecasts global growth at 2.3% in 2025, slowest growth reading after 2008 with exception of outright recessions.
3 mins
July 2025
Listen
Translate
Change font size

