‘Impose meaningful tariffs on China, India’ – US Treasury urges EU, G7; says purchases of Russian oil funding war machine

US President Donald Trump has levied an additional 25% duty on Indian imports to pressure India to stop buying Russian oil. (AI image) The United States Treasury has urged its G7 and European Union partners to levy “meaningful tariffs” on Chinese and Indian imports to counter their Russian oil acquisitions. The US Treasury has organized…

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Davis Cup: Dhakshineshwar Suresh, Sumit Nagal wins put India 2-0 up against Switzerland after Day 1 | Tennis News

Dhakshineshwar Suresh (File Photo) Dhakshineshwar Suresh, called from reserves, defeated higher-ranked Jerome Kym of Switzerland in straight sets. Sumit Nagal made a successful Davis Cup return, putting India close to winning against a European side in an away tie on Friday.Team captain Rohit Rajpal chose Dhakshineshwar over Aryan Shah. The tall Chennai player justified this…

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Market watch: India’s equity valuations dip below long-term averages; but stay elevated versus peers

India’s equity valuations are trading marginally below their historical averages but continue to remain expensive compared with regional peers, raising concerns amid slowing earnings growth.The benchmark Nifty currently trades at a price-to-earnings (PE) ratio of 21.97 times, lower than its five- and 10-year averages of 24.4 and 24.8, respectively. In contrast, Hong Kong’s Hang Seng…

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