Ex-RBI Governor Raghuram Rajan speaks on Trump's tariffs, job creation and others
2 months ago

Ex-RBI Governor Raghuram Rajan speaks on Trump's tariffs, job creation and others

India Today  

Former RBI Governor Raghuram Rajan sat down with India Today News Director Rahul Kanwal on the sidelines of the World Economic Forum in Switzerland's Davos and touched upon various issues including US President Donald Trump's tariff threats, creation of jobs and the current investment climate in India. Therefore, does that then impact India's opportunity to be China plus one gateway, whereas a lot of companies think, hey, Donald Trump is calling us, cajoling us or coercing us? Raghuram Rajan: Well, I think from the Indian perspective, it would be more limited because we don't import that much from the US and even if we impose tariffs on the US, that's not going to be a huge problem. ON ECONOMIC GROWTH IN INDIA Rahul Kanwal: There's a big debate in India about whether the dip that we've seen in economic growth in the second quarter of this fiscal.

India China World Jobs Trump Indian Taiwan Job Creation Donald Trump Create Going Fed Think Rbi Lot Governor Pli Good Jobs Some Point Creation Rajan Private Industry Infrastructure Spending Your Reading Raghuram Rajan Piketty Rahul Kanwal Raghuram Kanwal My Sense Our Human Capital Tariffs Job  world  raghuram  speaks  trumps  tariffs  job  dont  think  creation  india  jobs  create  kanwal  rajan  going  governor  exrbi  lot

History of this topic

Looming US tariffs could be bad news for India’s Big Five
1 week ago

Looming US tariffs could be bad news for India’s Big Five

Live Mint  

There’s less than a fortnight to go before US President Donald Trump ’s 2 April deadline for imposing reciprocal taxes on imports. But throw in the flurry of news last month around the Prime Minister’s visit to the White House about how India might allow imports of Tesla’s cars at a much lower duty than the 110% it charges currently, …

How Trump’s tariffs can be opportunity in crisis for India
Trending News
1 week, 6 days ago

How Trump’s tariffs can be opportunity in crisis for India

Firstpost  

While Trump’s tariffs aren’t designed to help India, they may inadvertently provide the external catalyst needed for India’s economic transformation. India’s Historical Inward Focus India has a robust domestic market, which accounts for approximately 60 per cent of its GDP. The result was a 10-18 per cent cost disability in assembly and manufacturing compared to Southeast Asian rivals, leaving India’s …

How Trump’s tariffs can be opportunity in crisis for India
1 week, 6 days ago

How Trump’s tariffs can be opportunity in crisis for India

Firstpost  

While Trump’s tariffs aren’t designed to help India, they may inadvertently provide the external catalyst needed for India’s economic transformation. India’s Historical Inward Focus India has a robust domestic market, which accounts for approximately 60 per cent of its GDP. The result was a 10-18 per cent cost disability in assembly and manufacturing compared to Southeast Asian rivals, leaving India’s …

Donald Trump’s tariffs threats could be good for India, says ex-RBI deputy
Trending News
2 weeks, 4 days ago

Donald Trump’s tariffs threats could be good for India, says ex-RBI deputy

Live Mint  

Viral Acharya, former deputy governor of Reserve Bank of India said that US President Donald Trump's threats to hike tariffs could strengthen India's economy. How India benefits Acharya said large Indian firms that had benefitted from the protectionist measures will initially lose some value, but the economy will benefit overall. Competition from foreign firms Opening the economy to foreign firms …

India is very high tariff nation: U.S. President Donald Trump
3 weeks ago

India is very high tariff nation: U.S. President Donald Trump

The Hindu  

India is a very high tariff nation, U.S. President Donald Trump has said as he reiterated that reciprocal tariffs on countries that impose levies on American goods will kick in on April 2. “And the big one will be on April 2, when reciprocal tariffs, so if India or China, or any of the countries that really…India is a very …

Jairam Ramesh jabs PM over Trump threat: Only interested in 'tareef' not tariffs
3 weeks ago

Jairam Ramesh jabs PM over Trump threat: Only interested in 'tareef' not tariffs

India Today  

Prime Minister Narendra Modi is only interested in 'tareef' and not concerned with tariffs, Congress general secretary Jairam Ramesh said on Friday and wondered where is the PM's "56-inch chest" is in dealing with US threats on the reciprocal tariff issue. He said Trump is redoing the entire rules of international trade and asserted that the US President's whole idea …

Donald Trump confirms tariffs on major trading partners. Will India be targeted next?
Trending News
3 weeks, 3 days ago

Donald Trump confirms tariffs on major trading partners. Will India be targeted next?

Live Mint  

Sticking to his previous stance, U.S. President Donald Trump on Monday reiterated that 25% levies on imports from Mexico and Canada would go into effect on Tuesday, dashing investors’ hopes of a last-minute deal to avert the full tariffs on the two U.S. allies. President Donald Trump on Monday alerted America's farmers about upcoming U.S. tariffs on imported goods, urging …

India must keep its strategic options open as Trump’s tariffs kick in
3 weeks, 4 days ago

India must keep its strategic options open as Trump’s tariffs kick in

Live Mint  

The recent wave of tariff announcements by the Trump administration in the US marks a significant shift in global trade dynamics. Substantial corporate-tax cuts and broad deregulation, both of which are on Trump’s agenda, could potentially stimulate US economic growth, though these benefits may take longer to materialize compared to the more immediate negative effects of tariffs on consumption and …

Will Indian rupee fall more due to Trump's reciprocal tariffs?
1 month, 1 week ago

Will Indian rupee fall more due to Trump's reciprocal tariffs?

Firstpost  

While India’s high-tariff rate puts it at the risk of facing reciprocal tariffs, the outcome is not yet clear as implementation will likely be a multi-step process over several quarters, involving negotiations and counter-tariffs Reciprocal US trade tariffs proposed by President Donald Trump are unlikely to have a significant negative bearing on the rupee, the head of global foreign exchange …

Will Indian rupee fall more due to Trump's reciprocal tariffs?
1 month, 1 week ago

Will Indian rupee fall more due to Trump's reciprocal tariffs?

Firstpost  

While India’s high-tariff rate puts it at the risk of facing reciprocal tariffs, the outcome is not yet clear as implementation will likely be a multi-step process over several quarters, involving negotiations and counter-tariffs A man counting Rs 100 notes. Reciprocal US trade tariffs proposed by President Donald Trump are unlikely to have a significant negative bearing on the rupee, …

Will Donald Trump's reciprocal tariffs hurt Indian rupee?
1 month, 1 week ago

Will Donald Trump's reciprocal tariffs hurt Indian rupee?

India Today  

Donald Trump's new tariff threats might sound scary, but they won’t really shake up the Indian rupee much, according to Jefferies. The US President wants to slap reciprocal tariffs on countries that charge higher duties on American goods, which could mean trouble for Indian exports like petrochemicals and pharma—both big contributors to India's trade with the US. It may be …

Trump’s tariff plan poses risks for India-US bilateral trade: Goldman Sachs
1 month, 1 week ago

Trump’s tariff plan poses risks for India-US bilateral trade: Goldman Sachs

Live Mint  

While India’s trade surplus with the US doubled over the last decade to $35 billion in FY24, driven by electronics, pharmaceuticals, and textiles, US President Donald Trump’s proposed reciprocal tariff plan could pose new challenges for Indian exports, Goldman Sachs Economics Research said in a report on Wednesday. Under President Trump’s reciprocal tariff plan, India could face three potential impacts: …

Trump tariffs: Jitin Prasada tells govt working on plan to protect them
1 month, 1 week ago

Trump tariffs: Jitin Prasada tells govt working on plan to protect them

Live Mint  

The government is proactive in safeguarding the interests of Indian exporters amid global trade challenges, according to Jitin Prasada, Union minister of state for commerce & industry. The minister asserted that India’s market, with its 1.4 billion people and rising aspirational spending power, is well-positioned to take on global trade challenges. Merchandise trade As per the commerce ministry data, India’s …

US tariffs likely to have minimal impact on Indian exports, says SBI report
1 month, 1 week ago

US tariffs likely to have minimal impact on Indian exports, says SBI report

Hindustan Times  

The Impact of US tariffs on Indian exports may be minimal, according to an article by news agency ANI which cited a report by State Bank of India. US President Donald Trump speaks in the Oval Office of the White House in Washington, DC The report estimates India's exports to decline only by around 3-3.5% even if the US imposes …

India was first-time lucky with Trump's tariffs. But it doesn't want to take a chance
Top News
1 month, 3 weeks ago

India was first-time lucky with Trump's tariffs. But it doesn't want to take a chance

Live Mint  

After backchannel talks helped India stay out of the Trump administration's first list of tariffs, the government plans to initiate formal talks with the US to address disputes around trade, according to three people aware of the matter. Budget signalling According to the third person quoted earlier, “The duty relaxations announced in the Union Budget on certain products that may …

Could India benefit from Donald Trump’s tariffs on Canada, Mexico and China?
1 month, 3 weeks ago

Could India benefit from Donald Trump’s tariffs on Canada, Mexico and China?

Firstpost  

US President Donald Trump’s tariffs on Canada, Mexico and China caused the rupee to fall to a historic low and shook the Indian stock markets. So, expect growth for home textiles and garments as India captures a larger market share year-to-date calendar year 2024, India’s market share in cotton sheet imports to the US improved to 61.3 percent, in total …

Mint Primer | How will Make in America impact India?
2 months ago

Mint Primer | How will Make in America impact India?

Live Mint  

US President Donald Trump’s manufacturing push is a wake-up call for countries vying to be the next China. US President Donald Trump has laid out a carrot-and-stick strategy to boost his plan to ‘Make in America’. “My message to every business in the world is very simple: come make your product in America and we will give you among the …

Trump tariff threat: India should reciprocate if U.S. imposes additional duties on domestic goods
2 months, 1 week ago

Trump tariff threat: India should reciprocate if U.S. imposes additional duties on domestic goods

The Hindu  

India should respond with equal measures if the newly elected U.S. President Donald Trump imposes higher tariffs on domestic goods, trade experts say. They noted that India has previously implemented retaliatory customs duties on several U.S. products, such as apples, in response to what it deemed "illegal" tariffs imposed by America on certain steel and aluminium products. "Of course, India …

US Elections 2024: 5 key points from Donald Trump’s election manifesto that may impact India
4 months, 2 weeks ago

US Elections 2024: 5 key points from Donald Trump’s election manifesto that may impact India

Live Mint  

Donald Trump has secured his return to the White House as the 47th President of the United States, following a highly-competitive election on November 5, 2024. Trump’s Policy Agenda 5 key points from Donald Trump’s election manifesto that may impact India: Tax Reforms: As per the report, Trump’s policy platform emphasises extending the 2017 Tax Cuts and Jobs Act, which …

Trump's potential return sparks concerns over Indo-US trade ties, tariffs
Trending News
4 months, 2 weeks ago

Trump's potential return sparks concerns over Indo-US trade ties, tariffs

New Indian Express  

Donald Trump’s return as the 47th president of the US will likely put Indo-US trade ties under sharp focus. Trump has promised a fresh wave of tariffs under his ‘America first’ stance, which may adversely affect countries like India and its key sectors such IT, pharmaceuticals, textiles, chemicals and automotive parts. He even proposed import duty increases of 10-20 percent …

US elections: What’s at stake for India’s economy?
4 years, 5 months ago

US elections: What’s at stake for India’s economy?

Al Jazeera  

Four more years of Trump could spell protectionist policies that make life difficult for Indian businesses, but analysts do not see things getting much easier under Biden. “A Biden administration would not necessarily back down on big-ticket requests,” says Dhar, referring to the US’s push for greater access to India’s agriculture, medical device and e-commerce markets, and even for lower …

Trump tariff-hit US firms keen to relocate to India from China
5 years, 6 months ago

Trump tariff-hit US firms keen to relocate to India from China

India TV News  

About 200 US companies have expressed interest in coming from China to India, according to Mukesh Aghi, the president of US-India Strategic Partnership Forum. The organisation, which promotes bilateral business and trade relations between the two countries, has received enquiries from those companies about how to invest in India and they have a potential for bringing $21 billion in investments …

India finally retaliates in tariffs tit-for-tat with US
5 years, 9 months ago

India finally retaliates in tariffs tit-for-tat with US

Live Mint  

In what could potentially aggravate trade tensions between India and the US, New Delhi has decided to impose long-pending retaliatory tariffs on 29 US products. India’s move comes ahead of a meeting between US President Donald Trump and Prime Minister Narendra Modi on the sidelines of the G20 summit on 28-29 June in Osaka, Japan. The trade ministry’s move, which …

‘Scrapping India’s trade privileges could hit American consumers’: US senators
5 years, 11 months ago

‘Scrapping India’s trade privileges could hit American consumers’: US senators

Hindustan Times  

A US plan to end preferential duty-free imports of up to $5.6 billion from India could raise costs for American consumers, two US senators have told their country’s trade office, urging a delay in adopting the plan, and seeking more negotiations. If US President Donald Trump presses ahead with his plan to end the Generalized System of Preferences for India, …

7.5% growth not enough to employ 1.2 cr people joining India’s workforce every year: Raghuram Rajan
7 years ago

7.5% growth not enough to employ 1.2 cr people joining India’s workforce every year: Raghuram Rajan

Firstpost  

Raghuram Rajan said there were some headwinds in the aftermath of structural reforms and the government was on its way to resolve these issues. Former RBI governor Raghuram Rajan on Tuesday said 7.5 percent economic growth was not enough to employ 1.2 crore people joining India’s workforce every year. In a detailed interview to CNBC, Rajan said India must grow …

Raghuram Rajan: For high growth, India must resolve problem of bad loans, revive stalled infra projects
7 years, 6 months ago

Raghuram Rajan: For high growth, India must resolve problem of bad loans, revive stalled infra projects

Hindustan Times  

India must fix the balance sheets of its banks and debt-ridden companies, work to revive the stalled infrastructure projects, especially in the power sector, and focus on exports, if it is serious about getting its economy back on track, former Reserve Bank of India governor Raghuram Rajan has said. India will also need to work on quality of its education …

State of the Union: Dysfunctional US fuels global anxiety
8 years ago

State of the Union: Dysfunctional US fuels global anxiety

Deccan Chronicle  

After a dizzying round of speaking engagements in Washington D.C. one can but help coming away with the impression that the capital of the United States is not only deeply divided but also mightily dysfunctional. Beyond the many wars that Mr Trump is fighting with the American media, the intelligence community and a host of world leaders — from Mexico …

Indo-U.S. trade can grow to $500 billion soon: Jaitley
9 years, 6 months ago

Indo-U.S. trade can grow to $500 billion soon: Jaitley

The Hindu  

Finance Minister Arun Jaitley on Monday said that the Indian government was making every effort to put in place a predictable and fair tax regime, and invited U.S. businesses to help raise bilateral trade between India and the U.S. to $500 billion. “There is need for us to have several internal changes, including quick decision-making, stable policies, predictable tax regime …

Discover Related