Chinese Foreign Minister Wang Yi arrived in New Delhi on Monday for a two-day visit viewed by many as the first indication of a thaw in relations between two rivals.

U.S. President Donald Trump has announced additional 25% tariff on India for its purchases of Russian oil, bringing the combined tariffs imposed by the United States on its ally to 50%.

India has recommended a three-year import tariff of 11%-12% on some steel products to curb shipments from top producer China.

S and P Global Ratings on Tuesday said high US tariffs are unlikely to impact India's long-term growth prospects as the government is focused on economic reforms and trying to improve the standard of

India’s economic outlook could be set for a major shift, with three key developments — the recent S&P credit rating upgrade, a major revamp of the GST structure and changing US trade tariffs — likely to play a crucial role in shaping the country’s growth path,

In response to Washington's oil-linked tariffs, India is strategically recalibrating its diplomatic approach. By reviving the Russia-India-China troika and engaging with both Moscow and Beijing, India signals its commitment to strategic autonomy.

In every disruption, new winners emerge. The recovery is being led by the domestic market, with sectors focused on renewable energy, electric vehicles, healthcare, and fintech still attracting investments and skilled talent.