U.S. President Donald Trump has announced additional 25% tariff on India for its purchases of Russian oil, bringing the combined tariffs imposed by the United States on its ally to 50%.

India has recommended a three-year import tariff of 11%-12% on some steel products to curb shipments from top producer China.

S&P Global Ratings affirms that high US tariffs are unlikely to significantly hinder India's long-term growth, citing strong economic fundamentals and ongoing reforms. India's domestically-oriented economy,

New Delhi’s frayed ties with Washington have added to a thaw in the frosty relationship with Beijing that began last year.

On India's southern coast, V. Srinivas thrived for two decades by farming shrimp, as the country became the top supplier of the delicacy to the United States. Now, Donald Trump's 50% tariff threat is forcing many to consider other ways of making money.

India’s economic outlook could be set for a major shift, with three key developments — the recent S&P credit rating upgrade, a major revamp of the GST structure and changing US trade tariffs — likely to play a crucial role in shaping the country’s growth path,

In response to Washington's oil-linked tariffs, India is strategically recalibrating its diplomatic approach. By reviving the Russia-India-China troika and engaging with both Moscow and Beijing, India signals its commitment to strategic autonomy.

In every disruption, new winners emerge. The recovery is being led by the domestic market, with sectors focused on renewable energy, electric vehicles, healthcare, and fintech still attracting investments and skilled talent.