Indian exports – Charm

Exclusive-India pauses plans to buy U.S. arms after Trump’s tariffs

Cs news1 year ago08 mins

By Shivam Patel and Aftab Ahmed NEW DELHI (Reuters) -New Delhi has put on hold its plans to procure new U.S. weapons and aircraft, according to three Indian officials familiar with the matter, in India’s first concrete sign of discontent after tariffs imposed on its exports by President Donald Trump dragged ties to their lowest…

Rupee set to deepen losses as India braces for higher US tariffs

Cs news1 year ago04 mins

By Jaspreet Kalra MUMBAI (Reuters) -The Indian rupee is poised to weaken past the psychologically important 87-per-dollar level on Wednesday after U.S. President Donald Trump pointed to a likely 20%-25% tariff on Indian exports to the U.S., compounding pressure from sustained portfolio outflows. The 1-month non-deliverable forward indicated the rupee will open in the 87.11-87.13…