Congress MP Gurjeet Singh Aujla on Tuesday criticised the government's trade deal with the US, stating that India has "become nothing but a market," after a trade deal with the United States led to reports that India could abandon Russian oil procurement.
At the time of closing, Sensex was at 83,739.75, up by 2072 points or 2.5 per cent, while Nifty was at 25,727, up by 639 points or 2.5 per cent. In terms of sectors, all the major indices traded in the green.
Shiv Sena UBT MP Sanjay Raut on Tuesday claimed that the India-US trade agreement was signed to benefit Gautam Adani, the Chairperson of the Adani Group.
He said the decision by the US administration to lower tariffs on Made in India goods reflects the strong leadership and effective diplomacy of Prime Minister Narendra Modi.
Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises, described the agreement as "much-awaited" and transformational for both economies. "The deal marks a significant milestone, unlocking immense opportunities for investments and growth, and added that the flurry of free trade agr
"And I think this is something quite extraordinary that in a matter of few days, we have concluded two of the largest deals possible, one with the European Union and one with the United States. And I think this opens up huge opportunities for us in terms of our aligning with global supply ch
Nahata said the tariff rate under the deal had been fixed at 18%, a level he described as favourable for financial markets across debt, equity and foreign exchange. He pointed to a clear reaction in the bond market, where the 10-year government security yield softened after the announcement.
The Delhi High Court on Tuesday listed the appeal of EX MLA Kuldeep Singh Sengar for hearing on a day-to-day basis. He has been in custody for more than 7 years.
In its report titled "India: US-India conclude trade deal: President Trump lowers 'reciprocal' tariffs on India to 18%", Goldman Sachs noted that President Trump announced on social media a reduction in the reciprocal tariffs on Indian goods imports to 18% down from the earlier 25%, 'effecti
Lok Sabha Leader of Opposition Rahul Gandhi on Tuesday made big allegations against Prime Minister Narendra Modi, accusing him of "being compromised" and "selling the country" through the India-US trade deal.
Union Home Minister Amit Shah on Tuesday stated that the India-US trade agreement will boost MSMEs, global competitiveness among small industries, and increase employment opportunities.