Business impact of Trump tariffs

With US Vice-President JD Vance visiting India on April 21, New Delhi faces a crucial moment to reassess its trade approach with Washington. The sharp rise in US tariffs on Chinese goods has opened up rare export opportunities for countries like India — but it has also brought new risks, including trade diversion, dumping, and…

NHEV reaches out to IREDA, PFC over placing 2,700 EV orders with BluSmart

BluSmart electric cars are parked at a charging station in Gurugram, India, April 17, 2025. REUTERS/Priyanshu Singh | Photo Credit: PRIYANSHU SINGH The Central government-backed National Highways for Electric Vehicles (NHEV) has stopped the process of placing orders for around 2,700 electric SUVs with BluSmart, after the alleged misuse of funds by the co-founder of…