The proposed India-US Bilateral Trade Agreement (BTA) is expected to significantly benefit Indian farmers, with India's export advantage and income potential across agriculture and allied sectors.
The US and India have on Saturday issued a joint statement that they have reached a framework for an Interim Agreement regarding reciprocal and mutually beneficial trade (interim agreement) and have agreed to a framework.
The US-India Business Council (USIBC) has congratulated the US and Indian governments on establishing a framework for an Interim Agreement on reciprocal, mutually beneficial trade.
Commerce Minister Piyush Goyal on Wednesday said India and the US are complementary economies and the trade deal between the countries is beneficial for both parties.
Commerce Minister Piyush Goyal met US Senator Steve Daines and the US Ambassador to India Sergio Gor, and had a "productive exchange" of views on the bilateral relationship front.
India's Commerce Secretary Rajesh Agrawal asserted on Thursday that the much-anticipated first tranche of India-US BTA is "very near" but stopped short of putting out a timeline.
Major trade agreements hinge largely on policy convergence between the parties and the stakeholders involved, and not leader-level symbolism, asserted India-based think tank Global Trade Research Initiative (GTRI), after US Commerce Secretary Howard Lutnick's claims that the Bilateral Tra
The Ministry of External Affairs on Friday said it had been close to a trade deal with the US on several occasions, and the characterisation by the US Commerce Secretary Howard Lutnick on it was "not accurate."
Foreign Secretary Vikram Misri met US Deputy Trade Representative Rick Switzer, with discussions covering the strong India-US economic and technology partnership, besides ongoing trade negotiations, and opportunities to boost two-way trade and resilient supply chains.
External Affairs Minister S Jaishankar on Saturday firmly rejected suggestions that Russian President Vladimir Putin's recent two-day state visit to India would complicate the ongoing India-US trade negotiations, asserting that no country can expect to dictate New Delhi's relations with o
The Indian economy is expected to grow at 7 per cent in the current fiscal 2025-26, and subsequently moderate to 6.7 per cent in the next, Dharmakirti Joshi, Chief Economist, CRISIL Limited, told ANI in an exclusive interview.
The downside in the Indian rupee, which has been steadily depreciating over the past months, is unlikely to abate soon as it hit yet another record low on Monday.