One official criticised the proposal as an "interference in domestic affairs," the business daily said

A US appeals court on Friday ruled that many of President Donald Trump’s tariffs, which have upended global trade, were illegal -- but allowed them to remain in place for now, giving him time to take the fight to the Supreme Court.

The quarterly performance was also helped by decent manufacturing sector growth and improved consumer sentiment

The latest tariffs salvo from Trump has strained US-India ties, with New Delhi earlier criticising the levies as "unfair, unjustified and unreasonable".

India has extended the exemption of import duty on cotton until December 31 this year to ease supply pressure on its textile export sector, which has been facing steep tariffs in the United States.

Bangladesh’s external debt servicing surged 16 percent year-on-year in the first month of the current fiscal year (FY) 2025-26, while inflows from bilateral and multilateral lenders fell sharply.

Indian textile sector mulls shifting final manufacturing to Bangladesh to avoid US tariff

Southeast Asian nations look to US to fill rising food demand

India saved billions of dollars by stepping up imports of discounted Russian oil in the wake of the war in Ukraine, but punitive tariffs imposed by the US that came into effect on Wednesday will quickly undo the gains, with no easy solutions in sight.

LDC graduation a turning point for local plastics industry

Exceptions are shipments in transit, humanitarian aid, and items under reciprocal trade programmes

The exemption will take effect once both sides reach a final pact

Trump cites mortgage fraud allegations in move to oust Federal Reserve's Cook

Seoul, Washington draft pact to steer $350b pledged under July trade deal

US move to double duties seen hitting 55% of Indian exports

China is increasingly sensitive about rare earths and its control over supply

Global central bankers gathered at a US mountain resort over the weekend are starting to fear that the political storm surrounding the Federal Reserve may engulf them too.

Shares in heavily indebted China Evergrande Group were taken off the Hong Kong Stock Exchange on Monday, capping a grim reversal of fortune for the once-booming property developer.

Ailing Intel gets government boost but challenges remain

US President Donald Trump has threatened to double import duties on India from 25 to 50 percent