Stocks and rupee rise in first trading session after US pledges to lower country’s tariffs to 18% following oil agreement

Officials and business leaders sighed with relief at lower tariffs, as they wait to see what the rest of it means.

Prime Minister Narendra Modi’s plan to protect India’s economy from Donald Trump’s tariffs is coming into sharper focus.

President Trump says the U.S. is beginning to talk with Cuban leaders, after having threatened Havana in recent weeks.

The relationship between India and Canada has been visibly on the mend since Mr. Modi attended the Group of 7 summit in Alberta at Mr. Carney’s invitation in June 2025, shortly before the shock of the American tariffs.