As US Supreme Court struck down President Donald Trump’s use of emergency powers to impose sweeping “reciprocal” tariffs, analysts said on Saturday that roughly 55 per cent of India’s exports to the US is likely to be subjected to Most Favoured Nation (MFN) tariffs, instead of 18 per cent duties (which have now been lowered to 10 per cent).
The ‘outstanding’ ‘India AI Impact Summit 2026’ has showcased the energy, the broader AI vision and what India can do to take this vision forward, according to Tata Sons Chairman, N. Chandrasekaran.
Prime Minister Narendra Modi engaged with several world leaders, holding as many as nine bilateral meetings before wrapping up a hectic Wednesday by hosting a banquet for the visiting dignitaries attending India-AI Impact Summit 2026 in New Delhi.
The Indian equity markets opened the week almost flat with a mild negative bias on Monday, due to a weaker-than-expected earnings season and AI-led pressure on technology stocks.