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  1. Australian leaders Anthony Albanese and Penny Wong are discussing India's rise as a major economic power and how this strengthens the strategic partnership between India and Australia.
  2. India and Australia formalized a Comprehensive Strategic Partnership focused on promoting a free, open, and secure Indo-Pacific.
  3. India is central to the strategic concerns of the Indo-Pacific region, with current issues including trade tariffs and visa regimes.

HSBC pegs India's Balance of Payments deficit much higher, citing damage to Indian exports from Trump's global tariffs.

1 report, 1 independent Updated May 27
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HSBC pegs India's Balance of Payments deficit much higher, citing damage to Indian exports from Trump's global tariffs.

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  1. Trump's tariffs are negatively affecting H&M and Nike's sales in India, pressuring garment makers.Sub-event
  2. HSBC reports severe pressure on India's current account due to Trump's global tariffs.1 source

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