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US to See Major Impact of Tariff, Says Kaushik Basu

Mint New Delhi

|

April 07, 2025

Former World Bank chief economist Kaushik Basu on Sunday described the reciprocal tariffs imposed on approximately 60 countries by the Trump administration as baffling, saying that while these tariffs will have some adverse effects on India, the major impact will be felt in the U.S.

- PTI

Former World Bank chief economist Kaushik Basu on Sunday described the reciprocal tariffs imposed on approximately 60 countries by the Trump administration as baffling, saying that while these tariffs will have some adverse effects on India, the major impact will be felt in the U.S. Basu also said it is not really a reciprocal tariff as the Trump administration c

MEER VERHALEN VAN Mint New Delhi

Mint New Delhi

Mint New Delhi

US energy giants eye India LNG network

US energy giants Exxon-Mobil Corp. and Chevron Corp. are eying entry into India's LNG infrastructure business, including terminals and pipelines, said two people in the know, even as the two nations look to thrash out differences over New Delhi's Russian oil imports.

time to read

3 mins

October 01, 2025

Mint New Delhi

Mint New Delhi

Will Tata Steel's Dutch pact help cut its emissions?

Tata Steel signed a pact with the Netherlands government on Monday to receive up to €2 billion aid to cut emissions at its Dutch facility.

time to read

2 mins

October 01, 2025

Mint New Delhi

Oil giant IOC eyes green shift

Indian Oil Corp. Ltd (IOC) is navigating choppy waters as nearterm business conditions remain uncertain amid oil price volatility, tariffs, exchange rate weakness, and geopolitical disturbances.

time to read

2 mins

October 01, 2025

Mint New Delhi

Mint New Delhi

April-August fiscal gap rises to ₹5.98 tn

India's fiscal deficit rose in the first five months of 2025-26, as compared with the same period last year, due to higher government capital expenditure while net tax revenue declined.

time to read

2 mins

October 01, 2025

Mint New Delhi

Mint New Delhi

TaMo aims to drive down Iveco costs, open new roads

Analysts questioned the rationale of buying the Italian firm that was facing growth hurdles

time to read

2 mins

October 01, 2025

Mint New Delhi

Mint New Delhi

Nestlé India inks MoU with govt to push food sector investment

FMCG major Nestlé India on Tuesday said it has signed a memorandum of understanding (MoU) with the government to expedite investments in the food industry.

time to read

1 min

October 01, 2025

Mint New Delhi

Reits revolution: own a slice of malls, offices with just ₹500

Think mutual funds, but for real estate. That's how Pratik Dantara, executive committee member of the Indian Reits Association, explains Real Estate Investment Trusts (Reits)-a growing investment avenue giving retail investors exposure to office parks, malls, and other commercial properties.

time to read

2 mins

October 01, 2025

Mint New Delhi

How Indians get a passport to global markets via GIFT

Global access GIFT City outbound funds offer international exposure

time to read

2 mins

October 01, 2025

Mint New Delhi

Poonawalla eyes RCB at $1-1.2 bn valuation

Adar Poonawalla, owner of the vaccine maker Serum Institute, is evaluating a deal to buy the Indian Premier League team Royal Challengers Bengaluru at a valuation of up to $1-1.2 billion, a person directly aware of the development said.

time to read

1 mins

October 01, 2025

Mint New Delhi

Demand for offices stays strong: C&W

Net leasing of office spaces increased 35% across eight major cities during the JulySeptember period to 16.25 million sq. ft on better demand from domestic and overseas companies, according to Cushman & Wakefield (C&W).

time to read

1 min

October 01, 2025

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