New Delhi, Aug. 2 -- The US has imposed 25% tariffs on Indian exports and threatened penalties for buying oil from Russia. Meanwhile, Tata Consultancy Services has announced plans to lay off staff worldwide, and a new report highlights the struggles of women in India's blue- and grey-collar workforce.
US President Donald Trump imposed a 25% tariff on "friend" India and additional penalties for buying Russian oil from 1 August even as the two countries negotiate a trade deal.
While there is little clarity on the impact of the new tariffs and penalties, the move has for now put India at a disadvantage to other countries that have struck trade deals with the US, with their tariffs ranging from 10-20%.
India has so far refused to concede t...
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