India may gain as US-China trade tensions push automakers to diversify: Report
Saturday, 3 May 2025 () Amid US-China trade tensions, Indian auto component manufacturers may benefit as global OEMs seek alternative suppliers due to rising tariffs on Chinese imports. While the US imposes tariffs on Indian auto parts, a potential bilateral trade agreement by 2025 could enhance India's competitive position. However, escalating trade wars and weakening US growth could pressure discretionary consumption in India.
Australia has deployed its warship, HMAS Sydney, to the South China Sea as part of a three-month Indo-Pacific mission, further escalating tensions in the region. This move follows a series of provocative actions, including China’s naval circumnavigation of Australia earlier this year and a recent...
Pakistan successfully test-fired the Abdali surface-to-surface missile with a 450km range amid escalating tensions with India after deadly Pahalgam terror attack in Jammu and Kashmir. Officials claim..
Pakistan has conducted a training launch of its Abdali short-range ballistic missile, which boasts a strike range of 450 kilometers. The missile test, carried out under the ambit of the Army Strategic..
US Vice President JD Vance has called for Pakistan’s cooperation in the investigation of the deadly terror attack in Pahalgam, which killed 26 people. Speaking during an interview, Vance stressed..