‘Sanctions on India' part of Trump's plan to stop Russia-Ukraine war, says White House - The Economic Times Video
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Hindustan Times
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Donald Trump sets two-week time frame to assess Russia-Ukraine peace talks
Donald Trump on Thursday set a two-week time frame for assessing peace talks between Russia and Ukraine, as the US president ramps up his efforts to negotiate an end to the war. US President Donald Trump met Russian President Vladimir Putin last Friday at a highly anticipated summit in Alaska that failed to reach an accord.(Bloomberg) "I would say within two weeks we're going to know one way or the other," he said in a telephone interview when asked about the chances of a peace agreement. "After that, we'll have to maybe take a different tack," Trump told Todd Starnes, a host for right-wing media outlet Newsmax, without giving further details. The Republican, who had promised during last year's presidential election to end the war in one day, has so far failed to achieve any major breakthroughs -- more than three years since Russia's invasion of Ukraine in February 2022. He met Russian President Vladimir Putin last Friday at a highly anticipated summit in Alaska that failed to reach an accord and saw Trump drop his push for an initial ceasefire. On Monday, the US president held talks at the White House with Ukrainian counterpart Volodymyr Zelensky and a handful of European allies. Those meetings raised hopes that Putin and Zelensky could meet directly for a peace summit, as both leaders initially appeared open to that option. But Zelensky on Thursday accused Russia of "trying to avoid the necessity to meet" and said that it did not want to end the war. Russia, meanwhile, said that Ukraine did not seem to be interested in "long-term" peace, accusing Kyiv of seeking security guarantees completely incompatible with Moscow's demands. Trump has a track record of issuing two-week deadlines to deliberate on Ukraine and other issues. In late May, he said he would assess within that period whether Putin was serious about achieving a peace deal, promising to respond "differently" if not.
Time of India
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'Same guy that put me in handcuffs!': Navarro blasts fired FBI agent, says he targeted Trump allies
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Hindustan Times
19 minutes ago
- Hindustan Times
As tensions ebb, Indian exports to China jump 20% in Q1
India's merchandise exports to China have recorded a double-digit monthly growth thus far in 2025-26, cumulatively growing by 20% to $5.76 billion in the first four months of the financial year compared to $4.80 billion in the same period in 2024-25, driven by energy, electronics, and agricultural products, and raising hopes that this could help offset some of the losses arising from US tariffs. Containers are seen at the port in Qingdao, in China�s eastern Shandong province on August 11,(AFP FILE) India's exports to China in the first four months of 2025-26 have grown at an annualized rate of 19.97% compared to a 4.5% year-on-year contraction in the same period last year (April-July 2024), according to government data. If this trend continues, India will witness a positive growth in exports to China this financial year (2025-26), people familiar with the matter said, requesting anonymity. In 2024-25, Indian merchandise exports to China contracted by 14.5% to $14.25 billion as compared to $16.67 billion in 2023-24. Out of 12 months in 2024-25, Indian exports to China contracted in 11 , barring May 2024. In contrast to FY25, a consistent upward trend in exports to China has been witnessed in the current financial year (FY26) , from April itself, they added citing data. In April, they grew 12.9% (over last April) to $1.4 billion; in May, they rose by 24% to $1.63 billion; in June, they grew 17% to $1.38 billion; and in July, they rose 27% to $1.35 billion. This trend is likely to strengthen further with recent positive engagements between the two countries, the people mentioned above said. India and China agreed to enhance bilateral trade relations during Chinese foreign minister Wang Yi's New Delhi visit earlier this week. According to the official statement issued by the ministry of external affairs on August 19, both sides agreed to the re-opening of border trade through the three designated trading points — Lipulekh Pass, Shipki La Pass and Nathu La Pass. They also agreed to facilitate trade and investment flows between the two countries 'through concrete measures'. 'The two [countries] are keen to boost bilateral economic relations amid global trade uncertainties triggered by the US,' one of them said. Granular analysis of data showed that demand for Indian petroleum products, agricultural goods and marine items have immense potential in the world's second biggest market after the US, he added. A second official said the ' rise underscores the strengthening demand for Indian goods in the Chinese market and highlights India's growing export competitiveness despite global trade uncertainties. The steady growth in exports also signals a gradual rebalancing of trade between the two Asian economies, where India has traditionally faced a large trade deficit.' In 2024-25, India had a $99.2 billion trade deficit with China. 'This upswing is a promising development that could help India diversify its export base and consolidate its presence in one of the world's largest import markets,' a trade expert said, requesting anonymity.. India's export growth to China in the first quarter of FY25 was powered by a strong performance across energy, electronics, and agri-based products, according to official data. Exports of petroleum products nearly doubled to $883 million (95.3%), while those of electronic goods surged to $521 million (202.7% growth), reflecting strong demand from China's industrial and consumer segments. Agricultural commodities recorded extraordinary growth, with oil meals exports aggregating $41.7 million (2656.1% growth), rice, $32.2 million (1383.3%), and oil seeds $16 million (1791.7%). Traditional sectors also added to the momentum — exports of organic and inorganic chemicals reached $335.1 million (16.3%), spices $234.5 million (21.9%), tea $8.9 million (93.9%), and gems and jewellery $11.5 million (72.7%). Moderate gains were recorded in marine products (5.1%), mica, coal and ores (3.0%), and ready-made garments (14.8%).
