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Commodities falling under Section 232 of US trade law are likely to remain outside the scope of the India-US landmark trade deal that reduces tariffs to around 18%, though India is hopeful of securing concessions under the provision at a later stage, a government source said. The source added that India and the US have…
Read More “Section 232 Items Likely To Remain Outside Trade Deal; India May Get Relief Later” »
The Russian government have said they haven’t received any information from India indicating that they plan to stop buying Russian oil, after US President Donald Trump claimed India agreed to do so as part of a trade deal with Washington. “So far, we haven’t heard any statements from New Delhi on this matter,” Kremlin spokesman Dmitry Peskov told reporters on Tuesday. Trump on Monday…
Read More “Russia Says India Hasn’t Confirmed Halting Oil Purchases Amid Trade Deal” »
Industry and political leaders have welcomed the India-US trade deal which can deepen supply-chain integration and attract investment into advanced manufacturing. Source link
The announcements by both U.S. President Donald Trump and Prime Minister Narendra Modi that the U.S. will reduce “reciprocal” tariffs on India from 25% to 18% are a major relief to Indian exporters, and indicate relations between the two countries are on the mend, after a year of severe tensions. India-U.S. trade deal LIVE A…
Industry bodies and leaders in both India and the U.S., and across sectors, have welcomed the announcement of a deal between India and the U.S. under which tariffs on India are set to be slashed from the current 50% to 18%. India-U.S. trade deal updates on February 3, 2026 U.S. President Donald Trump took to the…
Read More “India-US tariff trade deal: Indian, American industry bodies and leaders rejoice” »
India has sealed a ground-breaking trade deal with the United States wherein reciprocal tariffs on New Delhi have been slashed to 18% from 25% earlier, US President Donald Trump announced on his social media platform Truth Social on Monday. The deal was cracked after months of rigorous negotiations between envoys of both the countries. Here…
Read More “From 50% Cliff To 18% Relief — The Long Road To The Trade Pact” »
US Treasury Secretary Scott Bessent alleged that Europe was putting trade ahead of the interests of the Ukrainian people by signing a free trade agreement (FTA) with India, expressing his disapproval of the deal, according to CNBC. According to his statement, Europe was purchasing refined products made in India via Russian oil and was not…
The week ahead promises intense action on D-Street packed with domestic events, primary market buzz, corporate action, and some major global cues, which will keep investors busy as Indian equities navigate the first few weeks of 2026 with caution amid new geopolitical tensions. The ongoing December quarter results and listings will drive stock-specific action, while…
India’s strong macroeconomic indicators have paved the way for robust growth outlooks for fiscal year 2026-27, but the delay in India-US trade deal may lead to revisions of some barometers. According to global brokerage Goldman Sachs, India’s mass consumption trend, especially in the rural and lower income segments of urban spaces, is in a nascent…
Sergio Gor, left, is congratulated by President Donald Trump, after being sworn in as U.S. Ambassador to India, in the Oval Office of the White House, on November 10, 2025, in Washington. | Photo Credit: AP U.S. ambassador-designate Sergio Gor, known to be a key member of President Donald Trump’s inner circle, arrived India on…