Trade

Putin stands by Modi on energy trade, slams Washington’s double standards

Putin stands by Modi on energy trade, slams Washington’s double standards

National Times Bureau :- Russian President Vladimir Putin on Thursday criticised US President Donald Trump’s administration for pressuring India to cut back on energy trade with Moscow. Speaking at the Valdai Discussion Club in Sochi, Putin warned that such moves would raise global energy prices and hurt the US economy. He said if Washington continued with higher tariffs on Russia’s trade partners, the cost of energy would rise further, forcing the US Federal Reserve to keep interest rates high, which would eventually slow down the American economy. During the forum, attended by experts from over 140 countries, including India, Putin…
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India-Pakistan Trade Endures Through Third-Party Channels Despite Conflict

India-Pakistan Trade Endures Through Third-Party Channels Despite Conflict

Islamabad, July 5 – Despite heightened tensions and a brief military standoff in May, trade between India and Pakistan quietly continued largely through third countries underscoring the resilience of economic links even amidst political hostility.According to State Bank of Pakistan (SBP) data cited by Dawn, imports from India reached a three-year high of USD 211.5 million during the first 11 months of fiscal year 2025, outpacing USD 207 million in FY24 and USD 190 million in FY23.In May alone during which a four-day cross-border conflict unfolded Pakistan imported goods worth USD 15 million from India, only a slight dip from…
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