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US will regret throwing India under the bus

Financial Express Kochi

|

August 09, 2025

PRESIDENT DONALD TRUMP just threw India under the bus. After months of affronts and barbs, Washington now treats New Delhi more as foe than friend, undermining a relationship that several American administrations—including Trump's first—tried to strengthen, not least to contain China in the Indo-Pacific.

- ANDREAS KLUTH Bloomberg

Instead, India will now distance itself from the US and draw closer to Russia and even China.

By diplomatic standards, the deterioration has been abrupt. In February, Prime Minister Narendra Modi visited Trump in the White House, and the pair looked like two populist peas in a pod. Gushing about his MAGA host, Modi pledged to Make India Great Again and promised that "MAGA plus MIGA becomes a mega partnership".

Fast forward to recent days, as Trump first slapped a draconian tariff of 25% on India, then doubled that to 50% (to take effect later this month) as punishment for India's ongoing imports of Russian oil. Trump's ire against India is "mystifying" and "shortsighted", Lisa Curtis at the Center for a New American Security told me. She's worked for almost three decades to deepen ties between the US and India, most recently on the National Security Council in Trump's first term. Like his Democratic predecessor and successor, Trump at that time also wanted to enlist the most populous democracy as an ally to help resist the looming autocratic axis of China and Russia.

During the Cold War India remained proudly "non-aligned" but bought its weapons mainly from Moscow, whereas its arch-rival, Pakistan, mostly used American arms. In recent decades, though, these relationships inverted.

Financial Express Kochi'den DAHA FAZLA HİKAYE

Financial Express Kochi

PM inaugurates Skyroot's orbital rocket in Hyderabad

PRIME MINISTER NARENDRA Modi on Thursday unveiled space startup Skyroot's first orbital rocket and praised Gen Z professionals for creating new technologies.

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THE GOVERNMENT WILL prioritise green fuel-based farm machinery and enhance access to mechanisation for small and marginal farmers as part of India's vision to become a global food basket by 2047, Agriculture Secretary Devesh Chaturvedi said on Thursday.

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Airtel likely to dial up capex by 56% in FY27

Broadband & 5G network upgrade, data centre push key capex drivers

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Unified portal soon to help retrieve unclaimed assets

THE FINANCE MINISTRY is working with the Reserve Bank to develop a unified portal to enable savers and retail investors to claim all unclaimed assets across asset classes such as bank deposits, pension fund, shares, and dividends, Department of Financial Services Secretary M Nagaraju said on Thursday.

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NBBL targets one billion monthly transactions

NPCI BHARAT BILLPAY'S (NBBL) platform aims to process 1 billion transaction per month over the next three years, said Noopur Chaturvedi, MD & CEO of NBBL, a wholly owned subsidiary of the National Payments Corporation of India.

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Financial Express Kochi

Meesho to raise up to ₹5,400 crore through IPO

INDIAN E-COMMERCE PLATFORM Meesho will raise up to %5,400 crore through an initial public offering that will open on December 3, sources said.

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Financial Express Kochi

Benchmarks touch lifetime highs

ACCORDING TO Aashish P Sommaiyaa, ED & CEO of WhiteOak Capital AMC, while domestic flows are sustainable, FPI outflows are abating and there are early signs of change.

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November 28, 2025

Financial Express Kochi

Private telcos flag gaps in DPDP Rules

THE CELLULAR OPERATORS Association of India (COAI), which represents the three private telcos in the country, has said that several areas in the Digital Personal Data Protection (DPDP) Rules, 2025 require clearer articulation to support smoother and industry-aligned compliance.

time to read

1 min

November 28, 2025

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