In an executive order issued by President Donald J. Trump, the United States announced the termination of the additional tariff imposed in August 2025 on Indian imports, citing concerns about Russia's actions against Ukraine and India's then-imports of Russian oil.
Commerce Minister Piyush Goyal on Thursday asserted that there has been no investment commitment from India to the US, but it is natural that India may need to source more products from the US going ahead with the Viksit Bharat 2047 goal.
India reaffirmed it remains open to sourcing crude oil from Venezuela and other regions based on commercial viability. MEA spokesperson Randhir Jaiswal highlighted Venezuela as a long-standing energy partner, noting India's pragmatic, market-driven approach to securing crude supplies.
India reaffirmed that energy security for its 1.4 billion people remains its supreme priority, pushing back against Donald Trump's claim on Russian oil. MEA spokesperson Randhir Jaiswal stressed diversified sourcing, while PM Narendra Modi confirmed the US trade deal without referencing o
Congress MP Manish Tewari on Thursday moved an adjournment motion in the Lok Sabha, urging the House to debate on a matter of "grave public importance" related to the India-US trade deal and energy understanding.
Aam Aadmi Party (AAP) Member of Parliament Sanjay Singh on Wednesday said that many questions were left unanswered in the Parliament by the Industries and Commerce Minister Piyush Goyal on the India-US trade deal.
Speaking at an event in Mumbai, Ambani said India's long-term growth opportunity remains intact and could significantly outpace global growth over the coming decades. "As we stand today, India is about a four to four-and-a-half trillion dollar economy in a 110 trillion dollar world. I see In
He highlighted concerns about zero per cent tariff on American products and 18 per cent tariff on Indian products, potentially harming Indian farmers and industries.
New Delhi [India], February 4: Pittari's first collection sold out in three weeks. Here's what they figured out that imports didn't.Walk into any furniture store and the rugs look the same. Beige. Grey. Neutral. Safe.They work. They're fine. They make your apartment look like everyone else's
Congress MP Jairam Ramesh on Wednesday demanded clarity on the details of the India-US trade deal, stating that a joint statement has not yet been issued.
India's crude oil import bill could decline by up to USD 3 billion annually if the country shifts a portion of its crude sourcing from Russia to Venezuelan heavy crude, according to a new report by State Bank of India (SBI) Research.