The TOI correspondent from Washington: The apocryphal story goes that when a Bill Clinton envoy asked an Indian minister in early 1998 if New Delhi would conduct nuclear tests, he got the famous Indian headshake – the ambiguous 8-shaped nod that could mean yes or no or maybe. He took it as a no when…
India-US trade deal (AI image) India-US trade deal: While the announcement of India-US trade deal brought a welcome relief rally in domestic stock markets and cheered exporters, a lot still remains unknown about the key details of the trade agreement. The biggest takeaway from US President Donald Trump and Prime Minister Narendra Modi’s social posts…
PM Modi with Trump (file photo) India-US trade deal: Stuck for months since negotiations first began early, the India-US trade deal announcement by US President Donald Trump took everyone by surprise. Despite repeated rounds of talks, even after the US imposed 50% tariffs, the stalemate had continued with the Trump administration insisting that any trade…
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…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmarks, dropped in opening trade on Tuesday. While Nifty50 was near 25,000, BSE Sensex was down over 170 points. At 9:17 AM, Nifty50 was trading at 25,017.50, down 31 points or 0.12%. BSE Sensex was at 81,361.12, down 177 points…
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…