Business

Economists are sounding the alarm that a potential second term for Donald Trump, with its promised aggressive tariffs, could severely pressure the Indian Rupee, potentially driving it to an unprecedented 90 against the US dollar. The Reserve Bank of India (RBI) is expected to mount a vigorous defense of the currency, setting the stage for…

A strategic push from New Delhi, combined with global supply chain anxieties, is transforming India into a hotspot for semiconductor investments. AlwaysFirst delves into the multi-billion dollar bets from tech titans like Foxconn and AMD, exploring how the country is turning its historical “chip gaps” into a formidable economic opportunity.

In a significant boost to the ‘Make in India’ initiative, Noida welcomes the country’s first-ever indigenous tempered glass manufacturing facility. This state-of-the-art plant promises to revolutionize the construction and automotive sectors by providing high-quality, locally produced glass, reducing dependency on imports and cutting costs.

In a decisive move to ensure domestic price stability and raw material availability, the Indian government has extended its policy allowing duty-free imports of cotton until December 31, 2024. This strategic decision comes at a critical time, coinciding with the implementation of new tariffs on certain Chinese goods by the United States.

Facing potential 50% tariffs on key exports, India is not just preparing a retaliatory response. AlwaysFirst News delves into the government’s three-strategy playbook, designed to shield the economy, empower domestic industries, and strategically reposition India in the global market, turning a immediate challenge into a long-term advantage.

In a move highlighting the far-reaching impact of global trade disputes, India has announced a temporary suspension of all international mail services to the United States. The decision comes as a direct response to new tariffs imposed by the Trump administration, creating an unexpected logistical standoff between the two nations.