The United States and India announced a framework for an Interim Agreement on reciprocal, mutually beneficial trade, reaffirming their commitment to a broader Bilateral Trade Agreement (BTA) launched by President Donald Trump and Prime Minister Narendra Modi on February 13, 2025.
In a telephonic interview with ANI, Chidambaram responded to questions on the government's claims regarding the deal, and said, "what has been announced is neither a bilateral trade agreement nor an interim agreement, but merely a framework for a possible interim agreement in the future."
Following claims made by the White House that India has "committed to stop directly or indirectly importing" oil from Russia, as per the interim framework between the US and India trade agreement, the Ministry of External Affairs on Saturday reiterated its stance on the issue, noting that
"For decades, when we spoke of market infrastructure, we meant exchanges, clearing corporations, depositories etc. Today, there is another layer of infrastructure that is just as critical, though largely invisible data," he said. "Data is the new plumbing of capital markets: unseen, indispen
Dubai [UAE], February 7: The UAE's regulatory environment has evolved significantly over the past few years, reshaping how businesses operate and grow. Compliance is no longer limited to meeting filing deadlines or avoiding penalties. With corporate tax, enhanced FTA-approved VAT services ov
Union Minister Ramdas Athawale on Saturday welcomed the India-US interim trade agreement, saying the framework would strengthen bilateral trade ties and benefit key sectors, including agriculture, while dismissing concerns being raised about its impact on farmers.
Speaking to reporters, Chaturvedi said the deal appeared uneven, noting differences in tariffs: the US will cut tariffs on Indian goods to 18%, while India will eliminate or reduce tariffs on US industrial and agricultural products.
Rashtriya Janata Dal (RJD) Member of Parliament Manoj Kumar Jha launched a sharp attack on the Union government on Saturday regarding the India-US Interim Trade Framework Agreement, alleging that the Centre was "misleading the entire nation" over revised tariff structures. Speaking about
Union Minister for Commerce and Industry, Piyush Goyal, on Saturday hailed the zero duty on gems and diamonds exported from India to the United States as the two nations announced a framework for the Bilateral Trade Agreement.
Congress MP Randeep Singh Surjewala criticised Modi government on Saturday, following the announcement of a framework for an India-US Interim Trade Agreement. Speaking from Panchkula, Haryana, Randeep Singh Surjewala said that the deal would devastate Indian livelihoods by opening domesti
Union Commerce Minister Piyush Goyal underlined the significance of the announcement of the interim framework of the India-US trade agreement, stating that today will be "etched in golden letters."
Congress General Secretary Jairam Ramesh on Saturday slammed the Prime Minister Narendra Modi-led NDA government, alleging that the Centre has agreed to US monitoring of India's import of Russian oil as part of the interim framework agreement of the deal.