CURRENT NEWS
$20 bn IT contracts up for renewal amid GenAI wave, global uncertainties
BUSINESS STANDARD
India’s top six information technology (IT) services players, along with Nasdaq-listed Cognizant Technology, have deals worth at least $20 billion up for renewal this year, according to people familiar with the matter. Deals worth $14 billion were renewed in 2024.
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Trump U-Turn on H-1B: “America Needs Skilled Workers”
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Trump removes 50% tariff on Indian food items!
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What are Primary and Secondary sanctions?
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US TARIFFS to hurt USA badly?
October 03 CONTEXT Russian President Vladimir Putin has criticised the latest U.S. tariff threats — especially those aimed at nations still trading with Russia, such as India and China. He said these tariffs, intended to punish countries for buying Russian energy or goods, could “boomerang” and hurt the U.S. economy itself. His remarks came after U.S. plans to impose steep duties on certain imports as part of a wider economic pressure campaign. Putin argued that such policies would raise global prices, push the...
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Why America Is getting closer to Pakistan than India?
September 30 Overview In 2025, under President Donald Trump's administration, the United States has shown signs of warming relations with Pakistan while experiencing heightened tensions with India. This shift is driven by a mix of strategic, economic, and geopolitical factors, including US efforts to secure military and counterterrorism advantages in South Asia, amid broader trade disputes and regional dynamics. While some analysts view this as a pragmatic recalibration of US policy in the region, others see it as a...
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How will India's economy grow?
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What would be impacts of US's 25% tariff on India?
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What is a Tariff? Is it helping the USA or hampering it?
July 30 WHAT? A tariff is a broad term for a tax imposed by a government on goods or services crossing its borders, primarily for imports but sometimes exports. It serves purposes like raising revenue, protecting domestic industries, or influencing trade policies. Tariffs can be fixed per unit or as a percentage of value. For items like coal or metal, it is fixed on weight like per tonne and for costly items like diamonds, cars , it is fixed as a percentage of value. It is a tax similar to the Customs...
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Trump threatens 10% tariff on BRICS nations
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