Gå ubegrenset med Magzter GOLD

Gå ubegrenset med Magzter GOLD

Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare

$149.99
 
$74.99/År

Prøve GULL - Gratis

Vance's visit to India needs to stay free of diplomatic slip-ups

Mint Mumbai

|

April 23, 2025

Decorum must be maintained for India-US ties to make progress

- KARISHMA VASWANI

Vance's visit to India needs to stay free of diplomatic slip-ups

When US Vice-President J.D. Vance touched down in India on Monday, many were wondering what kind of controversy he might stir during his short visit. He met Prime Minister Narendra Modi on Monday evening as part of his agenda, as the two nations work toward a bilateral trade deal. Like every other country besides China, India has been spared the full force of US President Donald Trump's tariffs for 90 days. But the clock is ticking: Washington is pressing ahead with its trade war and ramping up efforts to isolate Beijing. If an agreement isn't reached by the end of that timeframe, the US is threatening to increase the 10% tariffs on Indian exports to 26%.

Economic coercion is rarely the best way to make friends. The duties could deal a $33 billion blow to the South Asian nation's export market to the US, translating into an almost 1% loss in GDP. This would aggravate an already slowing economy, just as the Modi government faces scrutiny over job creation, a vulnerability that opposition parties would be happy to highlight.

For Vance, this is an opportunity to soften a global image as Trump's spearhead. It is his first visit to India since taking office. He made his debut on the world stage in France and Germany in February, when he shocked allies by saying that the biggest threat to their security was "from within," rather than from China and Russia.

FLERE HISTORIER FRA Mint Mumbai

Mint Mumbai

Mint Mumbai

Vodafone Idea seeks further relief on AGR dues in SC plea

Vodafone Idea, which owes ₹83,400 crore in AGR dues, had sought a ₹45,000 crore waiver

time to read

2 mins

September 30, 2025

Mint Mumbai

ECB in talks to ease extra capital rules

The European Central Bank (ECB) is in talks with major banks about relaxing extra capital rules for lenders working with India’s sovereign bond clearing house, after a regulatory dispute with New Delhi threatened to disrupt billions of rupees in government debt and interest-rate derivatives trading.

time to read

1 min

September 30, 2025

Mint Mumbai

Mint Mumbai

Indian auto chases Europe EV dream

Cos acquire struggling European firms for design, expertise

time to read

2 mins

September 30, 2025

Mint Mumbai

Focus back on TCS woes as former Al boss quits

Tata Consultancy Services Ltd's struggle to sell AI services and products to clients is back in the spotlight, even as the legacy offshoring business grapples with uncertain demand and barriers in the US, its largest market.

time to read

2 mins

September 30, 2025

Mint Mumbai

Mint Mumbai

India plans to slash red tape, roll out red carpet for FDI

The effort is led by DPIIT under the commerce ministry, which oversees FDI policy review

time to read

2 mins

September 30, 2025

Mint Mumbai

Mint Mumbai

Personal shoppers lift India’s premium fashion retail sales

Stylists help customers mix and match outfits, boosting confidence and setting brands apart

time to read

2 mins

September 30, 2025

Mint Mumbai

Mint Mumbai

Peet’s Coffee latest in foreign F&B brands wooing India

India is fast emerging as a hub for international food and beverage (F&B) brands, driven by rising affluence, a young aspirational consumer base, and delivery platforms like Zomato and Swiggy that lower operating costs.

time to read

2 mins

September 30, 2025

Mint Mumbai

Sahara arm seeks nod for Adani sale

The Sahara India Commercial Corp. Ltd (SICCL) has moved the Supreme Court seeking its permission to sell various properties, including Amby Valley in Maharashtra and Shahara Saher in Lucknow, to Adani Properties Pvt. Ltd.

time to read

1 min

September 30, 2025

Mint Mumbai

Mint Mumbai

Pentagon pushes to double missile production for potential China conflict

Military leaders are urging defense contractors to increase assembly of 12 critical weapons

time to read

4 mins

September 30, 2025

Mint Mumbai

Kedaara raises funds for first CV for assets

Kedaara Capital Investment Management Ltd, one of India’s largest local private equity firms, has closed its first continuation vehicle (CV) at $300 million, people familiar with the matter said.

time to read

1 min

September 30, 2025

Listen

Translate

Share

-
+

Change font size