Business
US will ‘not make same mistake’ of giving India ‘China-like concessions’, says official – The Times of India
The United States will not extend to India the kind of sweeping economic concessions it once granted China, said Deputy Secretary of State Christopher Landau on Thursday, claiming that those incentives allowed China to emerge as a rival.Speaking at the Raisina Dialogue, India’s flagship conference on geopolitics and geoeconomics, Landau made it clear that while the US sees vast potential in India, it is approaching trade negotiations with greater caution than it did two decades ago with China. “While the US wants to work with India to unlock its ‘limitless potential,’ India should understand that ‘we are not going to make the same mistakes with India that we made with China 20 years ago,’” Landau said.His remarks come as the two sides work to finalise a trade agreement under negotiation since US President Donald Trump took office. Washington last month reduced tariffs on Indian goods to 18 per cent from 50 per cent after several rounds of talks.Like several other countries, New Delhi is navigating a global environment in which the US has increasingly deployed tariffs as leverage in broader geopolitical negotiations.At the same time, India is seeking to diversify its trade partnerships to reduce overdependence on any single market. It recently signed a trade deal with the European Union and has pursued agreements with other nations as part of efforts to expand market access and strengthen supply-chain resilience.Emphasising the scope for cooperation, Landau said, “It is in our interest and we think it is also in India’s interest to be partners. We have many many win-win situations with India.”Landau also offered US support in addressing India’s short- and long-term energy needs, particularly as supply disruptions linked to the Middle East crisis threaten fuel flows. He said Washington is prepared to work with New Delhi to mitigate risks arising from the evolving regional situation.India has so far avoided taking sides in the widening conflict even as it balances trade negotiations with strategic autonomy.
Business
Anta: The Chinese sports brand taking on Nike and Adidas
Now one of the biggest sportswear firms, Anta’s rise follows a playbook adopted by many Chinese giants.
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Gold price prediction today: Will gold prices continue to be volatile? Key levels to watch out for April 27, 2026 week – The Times of India
Gold price prediction today: Gold prices will closely track movements on the rate decisions by several central banks, including the US Federal Reserve, this week, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold is currently consolidating after sharp swings in a broad range, indicating a pause rather than a reversal. Price action shows a higher-high structure intact, but the recent sideways movement suggests indecision near the upper supply zone around 158,000–160,000. The formation resembles a short-term flag/triangle continuation pattern, where a breakout on either side will define the next directional move. Volume has tapered slightly, reinforcing the consolidation narrative.Gold prices recently moved from the upper band toward the mid-band (20 DMA), and are now attempting to stabilize. The bands have started to contract, signaling a potential volatility expansion ahead. Sustaining above the mid-band (~150,500–151,000 zone) keeps bullish bias intact, while a breakdown below this could trigger a deeper mean reversion toward the lower band.For the week, immediate support for gold prices is placed at around Rs 150,500, which is followed by stronger support near Rs 148,500. On the upside, the resistance stands at around Rs 155,500, and after that the key supply zone is at Rs 158,000. A decisive close for gold above Rs 158,000 levels can then resume the broader uptrend. However, a break in gold prices below levels of Rs 148,500 may shift the momentum to bearish in the near term.The economic docket is filled with data points and events this week as the focus will be on FED, BOJ, ECB and ECB policy meetings. US consumer confidence, GDP, inflation and durable goods orders data will also be in radar.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)
Business
‘I don’t want the children to see us worried’: UK families feel financial hit of Iran war
British families tell BBC Panorama how the Iran war is affecting their monthly budgets.
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