Daily Republic News
- Business
- August 27, 2025
Trump Tariffs: US Gives First Signs Of Climbdown – ‘Will Come Together’
US Treasury Secretary Scott Bessent has said that the Trump administration’s 50% tariff on Indian imports is not solely tied to India’s purchases of Russian crude oil but reflects broader challenges in the bilateral trade relationship.Speaking in an exclusive interview with Fox B Read More
- Business
- August 27, 2025
Amid Push for Ukraine Peace, US and Russia Revive Energy Discussions
The US has imposed a 50% tariff on India over its oil trade with Russia, even as several international media reports indicate that energy cooperation was discussed on the sidelines of the Trump-Putin summit, with both sides exploring ways to restart deals.According to a Reuters r Read More
- Business
- August 27, 2025
Russia slashes 2025 economic growth forecast to 1.5% from 2.5%
Russia sees economic growth in 2025 slowing to 1.5%, far below the earlier 2.5% forecast, as high interest rates imposed to reduce inflation have stifled borrowing, Finance Minister Anton Siluanov told President Vladimir Putin on Wednesday.Russia’s war economy grew robustly at 4. Read More
- Business
- August 27, 2025
Trump’s Latest Ultimatum: Harvard University Faces $500 Million Bill
United States President Donald Trump has demanded Harvard University to pay “nothing less than $500 million” to restore its frozen federal research funding.While speaking at a Cabinet meeting on Tuesday, trump told Education Secretary Linda E. McMahon not to negotiate a lower fig Read More
- Business
- August 27, 2025
Cabinet Extends PM SVANidhi Scheme Till 2030, Expands Credit Support for Street Vendors
The Union Cabinet has approved the restructuring and extension of the Prime Minister Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) scheme, pushing its lending period from the earlier deadline of December 31, 2024, to March 31, 2030. The revised scheme carries an outlay of Rs 7, Read More
- Business
- August 27, 2025
Personal Income Tax Overtakes Corporate Levy for First Time in India: JM Financial Report
In a landmark shift, personal income tax collections have surpassed corporate taxes for the first time in India’s history, according to JM Financial Institutional Securities. The transition reflects stronger compliance, widespread formalisation, and the digital transformation of Read More
- Business
- August 27, 2025
EY Report: India On Track For $20.7 Trillion Economy By 2030, Could Be World’s No. 2 By 2038
India could become the second-biggest economy in terms of purchasing power parity (PPP) by 2038 with a projected GDP of USD 34.2 trillion, according to a EY report. This assertion by the EY is based on IMF projections.Among the largest economies, India stands out with a median ag Read More
- Business
- August 27, 2025
India Looks To Domestic Demand, New Trade Deals To Cushion Blow From US Tariffs: GTRI
With the United States imposing steep 50% tariffs on a wide range of Indian exports starting today, trade experts say New Delhi will have to quickly recalibrate its strategy to protect exporters, especially those in labour-intensive sectors.Ajay Srivastava, founder of the Global Read More
- Business
- August 27, 2025
Donald Trump’s 50% Tariffs Threaten India’s $80 Billion Auto Component Industry: Reports
he Indian auto component and tyre industries are bracing for a major setback as the United States moves ahead with steep tariff hikes on imports from India. President Donald Trump’s decision to impose duties of up to 50%—effective August 27, 2025—is set to hit nearly 27% of India Read More
- Business
- August 27, 2025
US Tariffs Threatens Lakhs Of Jobs In India: CTI
The Chamber of Trade and Industry (CTI) has written a letter to Prime Minister Narendra Modi stating that the 50 per cent tariff imposed by the US could devastate key Indian industries and threaten the livelihoods of lakhs of Indians. “The 50 per cent US tariff will have a devast Read More
