US tariff heat: Fitch says Indian firms face limited direct hit; pharma sector seen at risk if duties widen
Tuesday, 19 August 2025 () Fitch Ratings cautions that while Indian corporates have limited direct exposure to current US tariffs, sectors like pharmaceuticals could face risks if further measures are imposed. The US has levied a 25% tariff on Indian goods since August 7, 2025, with another 25% due on August 27, due to India's Russian oil imports.
Chinese Foreign Minister Wang Yi met with Indian External Affairs Minister S. Jaishankar and the Indian delegation in New Delhi to discuss border peace, trade, and strengthening bilateral relations. Both sides emphasized maintaining peace and tranquillity along border areas, expanding cooperation in...
At White House Meeting, German Chancellor Friedrich Merz urged Donald Trump to press Russia for a ceasefire, stressing it must be agreed on “by the next meeting.” Merz said he cannot imagine..
Former President Donald Trump sparked headlines by comparing his life to Sylvester Stallone’s iconic character Rocky, saying it’s been “one shot & heart pop out.” Speaking ahead of the Kennedy..
Donald Trump’s bold claims to end global conflicts have fallen flat as wars in Ukraine and Gaza continue to rage. With promises unkept and influence waning, critics and netizens alike are calling him..
Tuesday, 19 August 2025 ()
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