- 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.
- India and Australia formalized a Comprehensive Strategic Partnership focused on promoting a free, open, and secure Indo-Pacific.
- 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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What happened
HSBC pegs India's Balance of Payments deficit much higher, citing damage to Indian exports from Trump's global tariffs.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Trump's tariffs are negatively affecting H&M and Nike's sales in India, pressuring garment makers.Sub-event
HSBC reports severe pressure on India's current account due to Trump's global tariffs.1 source
Keep exploring
Part of
India is central to the strategic concerns of the Indo-Pacific region, with current issues including trade tariffs and visa regimes.Also in this story
- India is currently defending its trade policies and market measures against challenges from multiple countries, including the EU, Australia, Brazil, Japan, and China, at the WTO.
- Students sought expertise to help build India's economy, involving entities from Colonial India and the United States.
- India is seeking to expand trade and investment opportunities while monitoring trilateral trade agreement talks, looking beyond the current US focus.
- Discussions highlight India's crucial role as a key partner for Bangladesh in managing the Teesta River and navigating regional geopolitical shifts.
The entities involved
- India
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HSBC
British multinational bank
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)