In another move aimed at trade enforcement, the US has unveiled a comprehensive revision of global tariff rates, targeting several countries and territories along with the European Union.The move, formalised via an executive order signed by President Donald Trump, marks a shift from negotiation-driven tariffs to a more systemic, penalty-oriented approach.The revised rates — ranging…

India’s GDP growth could fall below 6.2% in 2025-26 if the 25% tariff imposed by the US remains in effect beyond September, S&P Global Market Intelligence warned in a report released Friday. The ratings agency had earlier projected India’s GDP at 6.2% for FY26, already a decline from 6.5% in FY25, and said the forecast…