Explainer: India’s trade relations with Turkey, Azerbaijan and how it may be affected after Pakistan conflict

India’s trade relations with Turkey and Azerbaijan are strained due to their support for Pakistan and criticism of India’s strikes on terror camps. This has led to calls for boycotts and travel advisories. While trade with both nations is limited, India enjoys a surplus, with key exports including mineral fuels and imports including marble and … Read more

US inflation softens to 2.3% in April despite tariffs; Economists caution on future price pressures

US inflation eased in April, driven by lower grocery and gasoline prices, despite existing tariffs. Economists anticipate potential price pressures in the coming months as the full impact of trade duties becomes apparent. The Fed faces challenges balancing inflation and unemployment amid volatile trade dynamics and persistent tariffs, complicating future monetary policy decisions.