Thata raises India tariffs to 50% over Russian oil purchases

[Sam480]

10 minutes ago, Coconut said:

Modi will bend very soon…

no option kada

[andhra_jp]

 

[no01]

55 minutes ago, Coconut said:

Modi will bend very soon…

Modi is not like T thatha where his entire family is dependent on business and invested lot of interest in various markets. So Modi ki personal ga vachedi poyyedi emi ledhu....he has to think of India and his party future. 

T Thatha bongu care chesthadu ivanni....valla close aides n family business ki profit ela ravali anede imp.

Remember patha musali Bi thatha last day roju family n frnds ki full immunity ichadu.....so T Thatha kuda vaadi last day office lo same to same chesina, nobody will care since its been done before. So next 3 yrs thatha will only do these things to make sure his future gen is also filthy rich...daani kosam emaina chesthadu.

 

[no01]

Just now, no01 said:

Modi is not like T thatha where his entire family is dependent on business and invested lot of interest in various markets. So Modi ki personal ga vachedi poyyedi emi ledhu....he has to think of India and his party future. 

T Thatha bongu care chesthadu ivanni....valla close aides n family business ki profit ela ravali anede imp.

Remember patha musali Bi thatha last day roju family n frnds ki full immunity ichadu.....so T Thatha kuda vaadi last day office lo same to same chesina, nobody will care since its been done before. So next 3 yrs thatha will only do these things to make sure his future gen is also filthy rich...daani kosam emaina chesthadu.

 

 

1 hour ago, Coconut said:

Modi will bend very soon…

coming to bending point....mana abdb lone too many comments...some say to bend and mingle and some say to be firm...inka India motham and ikkada US lo unna desi's motham lo divided opinion...he has to be very careful in dealing. 

Bend aina kuda adi evari kosam....adi kuda imp ey kada. Bend kakapothe oka criticism...aithe inkoti. Instead of supporting him we alway crush our own leadership....adi chaalu automatic ga mana back bend avvataaniki.

[Mr Mirchi]

1 hour ago, Android_Halwa said:

Idoka nirantara prakriya…

ala penchadam…repu tagginchadam..

brahmi kick movie lo anukunta...comp mundhu nokuthu vuntaaduu . gif 

[Mr Mirchi]

1 hour ago, Sam480 said:

uncle , what do you think went wrong with bodi and dump thata

f35 konaledhu...crypto edho paki tho idhi ayyadu ga..initial ga ind tho tried..rejected ind....noble prize inkoti anukunta

[krishnaaa]

2 hours ago, Sam480 said:

https://www.cnbc.com/2025/08/06/trump-trade-india-tariffs-russia.html

Take it easy.

He is doing this get get a better deal from China.

 

[Mr Mirchi]

28 minutes ago, no01 said:

Modi is not like T thatha where his entire family is dependent on business and invested lot of interest in various markets. So Modi ki personal ga vachedi poyyedi emi ledhu....he has to think of India and his party future. 

T Thatha bongu care chesthadu ivanni....valla close aides n family business ki profit ela ravali anede imp.

Remember patha musali Bi thatha last day roju family n frnds ki full immunity ichadu.....so T Thatha kuda vaadi last day office lo same to same chesina, nobody will care since its been done before. So next 3 yrs thatha will only do these things to make sure his future gen is also filthy rich...daani kosam emaina chesthadu.

 

modi has family...adani kadhaaa

[Satakarni_bali]

2 hours ago, Sam480 said:

https://www.cnbc.com/2025/08/06/trump-trade-india-tariffs-russia.html

Brics lo bakra lani cheyadaniki manam and brazil dorikamu, emaina chestadu vaadi base ki thigh slapping kosam.

 

Ade ekkuva russian oil kontunna china ki ucha posukuntadu

[2024]

oka 250 rice bags konkovadam best emo inka, asalu unnaya indian stores lo?

[mazar]

1 hour ago, Mr Mirchi said:

modi has family...adani kadhaaa

there is no politician in this world who doesnt have backing of big businessmen. that is how politics work. that doesnt mean they become family. family ante kashmir to kanyakumari unna parties anni lo politician pass the baton to their son or daughter like hereditary and wont consider any1 from outside family bloodline. that is called working for family in politics

[johnydanylee]

repu diasters/natural calamities emaina vasthe evadu help ki radu.. దూల తీరుతుంది

[andhra_jp]

Russian President Vladimir Putin to visit India soon, says NSA Ajit Doval

We are very excited and delighted to learn about the visit of President Putin to India. I think the dates are almost finalised now, says Doval. This will be Putin’s first visit to India since the beginning of the conflict between Ukraine and Russia in 2022.

Russian President Vladimir Putin will visit India in late August, Interfax news agency quoted India's national security adviser Ajit Doval as saying in Moscow on Thursday.

Currently, Doval is in Moscow with an aim of expanding defence ties between the two nations

While the dates are yet to be finalised, Russian state news agency Sputnik reported that the visit is likely to take place in late August.

“We have got a special, long relationship and we value this relationship. We have had high-level engagement and these high-level engagements have contributed very substantially. We are very excited and delighted to learn about the visit of President Putin to India. I think the dates are almost finalised now,” NSA Ajit Doval said.

[andhra_jp]

India’s key US exports worth $8.5 bn may struggle to find alternative markets

Moneycontrol estimates that about 3 percent—or $3 billion—of US imports from India come from sectors where India commands over 50 percent of the American market, indicating potential supply chain stress for US buyers

India may face significant disruptions if the US imposes a 50 percent tariff on Indian goods from August 27. A Moneycontrol analysis shows that nearly $8.5 billion worth of India’s major exports—defined as categories with over $150 million in annual trade—were heavily reliant on the US market in 2024.

In total, the US imported goods worth $91.2 billion from India last year. Of this, the top 50 export categories (excluding items like steel, pharmaceuticals, and automobiles, which are exempt or excluded from the new tariffs) accounted for $31.4 billion. Among these, around $8.5 billion worth of exports came from categories where the US absorbed over 50 percent of India’s outbound shipments, underscoring the challenge of market diversification.

 

India has more dependence on the US

Solar modules top the list of at-risk exports. The US alone accounted for 98 percent—or $1.6 billion—of India’s solar module exports. India’s recently signed trade deals with countries such as the UK, UAE, and Australia may offer only limited relief as these countries lack the capacity to absorb such volumes.

Similarly, more than 88 percent of India’s cement and artificial stone exports were US-bound, amounting to over half a billion dollars. Printed cotton linen and plastic-coated textiles also exhibit over 80 percent export dependence on the US market. In the seafood sector, exports of prepared shrimps and prawns worth $420 million were heavily reliant on the US, which purchased 80 percent of these shipments.

Wool carpets and other bed linen exports, collectively valued at around $1 billion, are also vulnerable due to high US dependence. These segments may struggle to pivot quickly to alternative markets.

 

Moneycontrol reported that higher tariffs had sparked concerns among exporters and MSMEs about competitiveness, with some even claiming a rise in layoffs owing to the US decision to impose an additional 25 percent duty over and above the 25 percent announced on July 30.

 

By contrast, 11 percent of India’s exports to the US—about $10 billion—fall into categories where the US accounted for less than 30 percent of India’s outbound trade. These goods are relatively more fungible and include products such as rubies, sapphires, and pneumatic tyres, which could be redirected to other buyers with less disruption.

Some of these categories, however, present a paradox for the US. Even as they are replaceable from India’s perspective, the US remains deeply dependent on Indian suppliers. For example, India accounted for 92 percent of US synthetic diamond imports, 63 percent of bulk bags, 60 percent of knotted carpets, and 54 percent of tyres used in agricultural and forestry machinery. Cotton linen, worth nearly a billion dollars, also falls into this category of hard-to-replace goods.

In total, Moneycontrol estimates that about 3 percent—or $3 billion—of US imports from India come from sectors where India commands over 50 percent of the American market, indicating potential supply chain stress for US buyers. Meanwhile, $17 billion worth of goods—about 18.9 percent of major export items—could face replacement pressure due to India’s lower market share in those categories.

As the August 27 deadline approaches, exporters and policymakers alike face the dual challenge of defending market share and exploring strategic realignments. India’s effective tariff stands at 31.2 percent compared with 10.7 percent for Thailand, 12 percent for the Philippines and 15.2 percent for Vietnam.

[andhra_jp]

India should weigh savings from importing Russian oil against tariff risk: Nobel laureate Banerjee

Banerjee suggested India consider diversifying oil imports beyond Russia and engage with China to expand its export base.

India must consider whether the benefit of importing cheaper oil from Russia justifies the risk of attracting US tariffs on its exports, Nobel laureate Abhijit Banerjee said, calling for a closer analysis of the trade-offs.

Banerjee recommended that India explore the idea of importing oil from other countries. "It’s a complicated issue. I can’t clearly estimate what the effect will be of switching our demand on the price of uncapped oil. If we buy Saudi oil, what will be the effect on the Saudi oil price? Will it go up? We need to explore that," Banerjee said in an interview to Moneycontrol on the sidelines of an event organised by BML Munjal University.

Since the outbreak of the Russia-Ukraine war in 2022, Moscow has supplied crude at steep discounts, with the Urals-Brent spread at one point touching $40 a barrel. That gap has since narrowed to less than $3 now.

The G7 countries imposed a $60 per barrel price cap on Russian crude in December 2022, allowing European firms to insure and transport oil to third countries as long as it is sold below the capped price. The price cap was aimed at restricting Russian revenues while maintaining the global supply of oil. In July, the cap was lowered to $47.6 per barrel.

Banerjee also suggested that India talk to China, Brazil, and other countries to explore a collective response to pressure from the US.

"We should talk to China, see if we can diversify our exports, because negotiating with Trump is tough," Banerjee said. "PM Modi is planning to go to China this month. I think, the government is already thinking on these lines," he said.

On August 6, President Donald Trump proposed to double tariffs on India from 25 percent to 50 percent, targeting New Delhi for purchasing Russian arms and energy. The additional 25 percent tariffs will be effective from August 27.

In FY25, India exported goods worth $91.2 billion to US, accounting for around 21 percent of India's total exports.

"With Trump, it’s not about economics. His first order concern is always, are you paying enough respect to me. It’s about his ego & power. So, negotiations get tough. We may sacrifice something (allowing imports of sensitive items), but I don’t know if that would add any value," Banerjee said.

"There is something, which is missing with Trump. I am not sure India can offer him something that would change our equation with the US," he added.

On the bilateral trade agreement with the US, Banerjee said that this is not the "right moment" for opening the market to US agriculture and dairy products.

India has opposed US agriculture and dairy imports, particularly genetically modified crops, citing concerns over public health and the impact on farmers’ incomes.

"We need to strengthen our farm sector. The Indian farmer is going to face challenges if we allow agri and dairy imports from the US. We shouldn’t put them in trouble right now, but we have to prepare for that eventually," Banerjee said.

He added that the dollar’s sharp depreciation against other currencies would make US imports cheaper. "It’s not the correct time for opening up to US," stated Banerjee.