India: Here is a summary of significant articles published on ForeignAffairs.co.nz on August 1, 2025.
MIL-OSI Submissions: Economics – US tariffs prompt GlobalData to revise India economic growth forecast down to 6.5% in July 2025
Source: GlobalData Following the news that the US will impose 25% tariffs on all Indian imports starting from 1 August 2025. Ramnivas Mundada, Director of Economic Research and Companies at GlobalData, a leading data and analytics company, offers his view: “These significant tariffs, coupled with penalties linked to India’s dealings with Russian energy and military […]
MIL-OSI Submissions: Global Bodies – Ending plastic pollution: Why trade matters
Source: United Nations – UNCTAD 31 July 2025 – From supporting responsible production and consumption to promoting circularity and sustainable alternatives, trade must be part of the solution to plastic pollution, not part of the problem. In Uttar Pradesh, India, a recycling plant processes plastic waste to be used for making polyester fibre. The latest Global […]
MIL-OSI USA News: Further Modifying the Reciprocal Tariff Rates
Source: US Whitehouse class=”has-text-align-left”>By the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA), the National Emergencies Act (50 U.S.C. 1601 et seq.), section 604 of the Trade Act of 1974, as amended (19 […]
MIL-OSI USA: Reps. Levin, Lawler Reintroduce Bipartisan Bill to Require On-Site Inspectors at Decommissioning Nuclear Power Plants
Source: United States House of Representatives – Representative Mike Levin (CA-49) July 31, 2025 Washington, D.C.—Today, Reps. Mike Levin (D-CA-49) and Mike Lawler (R-NY-17) reintroduced the bipartisan Increasing Nuclear Safety Protocols for Extended Canister Transfers (INSPECT) Act, ahead of the seventh anniversary of the August 3, 2018 near-canister drop at the San Onofre Nuclear Generating […]
MIL-OSI USA: ICYMI: Secretary Chavez-DeRemer highlights President Trump’s AI Action Plan, pro-worker accomplishments on ‘America at Work’ listening tour
Source: US Department of Labor MYRTLE BEACH, SC – U.S. Department of Labor Secretary Lori Chavez-DeRemer continued her nationwide America at Work listening tour this week starting on the West Coast in Washington state to discuss artificial intelligence, before heading to the East Coast and stopping in South Carolina, where she spoke with business leaders […]
MIL-OSI USA: Crapo Announces Finance Committee Staff Updates
US Senate News: Source: United States Senator for Idaho Mike Crapo Washington, D.C.–Senate Finance Committee Chairman Mike Crapo (R-Idaho) today announced the following staff updates: Molly Newell, Chief International Trade Counsel Molly has been promoted to Chief International Trade Counsel. Molly joined the Finance Committee in January 2023 from Hogan Lovells US LLP, where she […]
MIL-OSI: Fairfax India Holdings Corporation: Second Quarter Financial Results
Source: GlobeNewswire (MIL-OSI) NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES (Note: All dollar amounts in this press release are expressed in U.S. dollars except as otherwise noted. The financial results are derived from unaudited financial statements prepared using the recognition and measurement requirements of International Financial Reporting […]
MIL-OSI: Enovix Announces Second Quarter 2025 Financial Results
Source: GlobeNewswire (MIL-OSI) FREMONT, Calif., July 31, 2025 (GLOBE NEWSWIRE) — Enovix Corporation (Nasdaq: ENVX, ENVXW) (“Enovix”), a global high-performance battery company, announced that it posted on its website here a letter to shareholders from President and CEO, Dr. Raj Talluri, and CFO, Ryan Benton, discussing the company’s second quarter 2025 results. The company will […]
MIL-OSI: Horizon Bank Announces Appointment of Senior Vice President, Director of Marketing, John D. Hatfield
Source: GlobeNewswire (MIL-OSI) MICHIGAN CITY, Ind., July 31, 2025 (GLOBE NEWSWIRE) — Horizon Bank, a commercial banking subsidiary of Horizon Bancorp, Inc. (NASDAQ GS: HBNC), announced today the appointment of John Hatfield as the Senior Vice President, Director of Marketing. “John is a seasoned professional with 20+ years of experience in strategic marketing, business development, […]
MIL-OSI Security: Two Men Charged For Nationwide Fraud Scheme Targeting Hundreds Of Elderly Victims
Source: Office of United States Attorneys Jingbin Jiang and Su Jian Liu Are Charged With Participating in a Scheme That Attempted to Steal Over $18 Million From Over 350 Victims United States Attorney for the Southern District of New York, Jay Clayton; Assistant Director in Charge of the New York Field Office of the Federal […]
MIL-OSI USA: Luján, Members of N.M. Delegation Call on Trump Administration Demanding Answers on Reported Suspension of Medical Services at Gallup Indian Medical Center
US Senate News: Source: United States Senator Ben Ray Luján (D-New Mexico) Recent Reporting Indicates Trump Administration Bureaucratic Hurdles Are Causing Delays and Reductions in Patient Care at Gallup Indian Medical Center Washington, D.C. – U.S. Senators Ben Ray Luján (D-N.M.), a member of the Senate Committee on Indian Affairs, Martin Heinrich (D-N.M.), and U.S. […]
MIL-OSI Economics: Data on India’s Invisibles for Fourth Quarter (January-March) of 2024-25
Source: Reserve Bank of India The Reserve Bank today released data on India’s invisibles as per the IMF’s Balance of Payments and International Investment Position Manual (BPM6) format for January-March of 2024-25. Ajit Prasad Deputy General Manager(Communications) Press Release: 2025-2026/816 MIL OSI Economics –
MIL-OSI Economics: Monthly Data on India’s International Trade in Services for the Month of June 2025
Source: Reserve Bank of India The value of exports and imports of services during June 2025 is given in the following table. International Trade in Services (US$ million) Month Receipts (Exports) Payments (Imports) April – 2025 32,843(8.8) 16,909(0.9) May – 2025 32,452(9.6) 16,694(-1.1) June – 2025 32,105(12.0) 15,897(5.0) Note: Figures in parentheses are growth rates […]
India, Morocco sign agreement to boost judicial cooperation: Union Minister
Source: Government of India Source: Government of India (4) India and Morocco have signed a Mutual Legal Assistance Treaty (MLAT) and a Memorandum of Understanding (MoU) to promote cooperation in judicial and legal spheres. The agreements aim to reinforce institutional linkages, facilitate legal modernization, and deepen mutual understanding between the two countries. Minister of State […]
IMD forecasts week-long downpour in Northeast; rainfall subsides in central India
Source: Government of India Source: Government of India (4) The India Meteorological Department (IMD) on Thursday forecast heavy to very heavy rainfall over the Northeast and adjoining eastern India during the next seven days, with isolated extremely heavy showers expected in Assam and Meghalaya on August 2. In contrast, a significant reduction in rainfall is […]
India’s gold demand to hit 5-year low as record prices dent jewellery sales, WGC says
Source: Government of India Source: Government of India (4) India’s gold consumption in 2025 is set to fall to a five-year low, as record-high prices are denting jewellery purchases, overshadowing a slight boost in investment demand, the World Gold Council said on Thursday. Gold demand in the world’s second-biggest consumer of the precious metal could stand between 600 metric tons […]
MIL-OSI Russia: D. Trump announced the introduction of 25 percent customs duties on imports from India
Translation. Region: Russian Federal Source: People’s Republic of China in Russian – People’s Republic of China in Russian – An important disclaimer is at the bottom of this article. Source: People’s Republic of China – State Council News NEW YORK, July 30 (Xinhua) — U.S. President Donald Trump said on Wednesday that Indian goods exported […]
WCL 2025: India Champions refuse to play Pakistan, organisers call off semifinal
Source: Government of India Source: Government of India (4) The World Championship of Legends (WCL) semifinal between India Champions and Pakistan Champions was officially cancelled on Wednesday after the Indian team refused to take the field against their Pakistani counterparts, citing strong public sentiment following the Pahalgam terror attack. The decision comes weeks after the […]
Will take all necessary steps to safeguard national interest: India responds to Trump’s statement on bilateral trade
Source: Government of India Source: Government of India (4) The Government of India has taken note of a recent statement by the US President concerning bilateral trade and is currently studying its implications. Over the past few months, India and the United States have been engaged in negotiations aimed at concluding a fair, balanced, and […]
US President Trump confirms India-US trade talks continue despite 25 per cent tariff threat
Source: Government of India Source: Government of India (4) President Donald Trump has said that India and the US were still negotiating a trade deal despite his threat to impose a 25 per cent tariff, and a final decision may be known by the end of the week. “We’re talking to India now, we’ll see […]