MUMBAI: A day after sensex and Nifty rallied over 1% to recoup most of the losses suffered on the Budget day, indications are that the gains could leapfrog on Tuesday after late on Monday the US President Donald Trump said that the country has reached an agreement with India for a trade deal.Monday evening, Trump…
Prime Minister Narendra Modi with US President Donald Trump (File photo) NEW DELHI/ WASHINGTON: After months of bruising trade tensions, India and the US on Monday announced a bilateral trade deal that will see Washington slash additional tariffs on Indian imports to 18%, from the current 50%, making it more competitive for textiles, leather and…
India and the US have announced a trade deal, with the Trump administration lowering the tariffs on Indian exports to 18%. (AI image for representative purpose) US President Donald Trump has reportedly agreed to remove the 25% tariff America imposed on India for its crude oil imports from Russia. A New Delhi–based source quoted in…
Jairam Ramesh, Congress general secretary in-charge communications NEW DELHI: Congress general secretary Jairam Ramesh on Monday took a swipe at Prime Minister Narendra Modi after US President Donald Trump announced an “immediate” India-US trade deal from Washington, adding New Delhi would move to cut tariffs and non-tariff barriers on American goods while the US reduces…
India-US trade deal: Union commerce and industry minister Piyush Goyal has said that India is not disappointed over delays in the India–US trade agreement as every country will prioritise its interests. Goyal said that India remains focused on safeguarding its interests. “Not at all. Every country looks after its own interests. We have to protect…
India’s approach to sourcing crude oil is increasingly tilting toward supplies that carry lower risk. (AI image) India and the US trade talks have so far failed to yield a deal, and Russian oil continues to play a role in any tariff relief that India would want from the Donald Trump administration. India faces 50%…
Trump’s remarks come at a time when the US has imposed 50% tariffs on India – among the highest in the world. (AI image) India-US trade deal: US President Donald Trump on Wednesday said that America would have a ‘great’ trade deal with India. Trump’s statement came during his visit to the World Economic Forum…
NEW DELHI: The ministry of external affairs on Friday termed the remarks made by US secretary of commerce Howard Lutnick that “PM Modi’s reluctance to call Trump” was the reason behind the delay in the trade deal between the United States and India, as “inaccurate.”In a media briefing MEA spokesperson Randhir Jaiswal said, “PM Modi…
Indian Envoy Vinay Kwatra meets US Ambassador-designate Sergio Gor at Mar-a-Lago NEW DELHI: India’s Ambassador to the United States, Vinay Mohan Kwatra, held talks with US Ambassador to India Sergio Gor at Mar-a-Lago in Florida, focusing on strengthening trade ties and the broader bilateral partnership between the two countries.In a post on X, Kwatra said…
Rupee extended its downward momentum on Wednesday, falling 9 paise to hit its lowest level of 90.05 against US dollar in early trade. With this, the currency continued its week streak, recording new lows since the week began. Earlier on Tuesday, Rupee fell 42 paise to close at 89.95 against the US dollar further down…