The US Trade Representative has proposed an additional 12.5% duty on 54 countries, including India, over alleged failure to restrict imports of goods produced with forced labor. This move, seen as a pressure tactic, comes as India and the US are negotiating an interim trade deal.
Credit card issuance hits strongest pace in more than two years
The additions were led, once again, by the country’s largest issuers. HDFC Bank topped the list, adding 163,000 net new credit cards and edging past
July 27, 2026