India-US trade: Merchandise exports to Washington drop after Trump’s 50% tariff; shipments to other countries rise

Indian exports to the US saw a significant dip in September, a direct consequence of the recent tariff hikes. However, shipments to other global markets demonstrated robust growth, exceeding previous trends. Despite these mixed signals and a projected slowdown in global trade, India’s current account deficit is anticipated to remain manageable, bolstered by strong services…

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Rs1 lakh fine collected from encroachers

Patna’s ongoing anti-encroachment initiative entered its third day today, raking in fines totaling Rs1.4 lakh while dismantling temporary structures and stalls obstructing critical traffic routes. The operation, involving cooperation from multiple agencies, focused on areas such as Chiriyatand Bridge and Ashok Rajpath, yielding impressive revenue across eight municipal divisions.

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