Kwatra said that the talks between US President Donald Trump and Prime Minister Narendra Modi herald an exciting new phase in the partnership between both nations.
The Lower House of the Parliament on Tuesday was adjourned till 12 noon following continuous sloganeering by the Opposition MPs during the Question Hour.
The industrialists in the country have welcomed the announcement of the India-US trade deal, stating that the agreement will strengthen strategic and economic ties between the two countries while opening up additional opportunities for investment and collaboration.
Congress MP KC Venugopal on Tuesday gave an Adjournment Motion notice in Lok Sabha to discuss the India-US trade agreement, claiming "adverse consequences" for Indian industries and farmers.
Congress Rajya Sabha MP Jairam Ramesh on Tuesday demanded a parliamentary discussion on the trade deals with the European Union and the United States, slamming the Centre over Washington's claim that the deal will help them export more agricultural products to New Delhi.
The Indian US announced trade deal restores parity for Indian rice exports with key competing origins such as Thailand and Pakistan, giving a clear edge to Indian exporters in the US market, stated Indian Rice Exporters Federation (IREF) reacting positively to deal.
BJP National Vice President Baijayant Panda on Tuesday said that the "historic" India-US trade deal will "redefine trade" between the two countries and have a positive global impact to stabilise many aspects of geopolitics.
The domestic equity markets opened with a historic rally on Tuesday, surging sharply in early trade, supported by upbeat global cues following the announcement of a key India-US trade deal.
Congress Rajya Sabha MP and advocate Abhishek Manu Singhvi on Tuesday questioned the Centre over US President Donald Trump announcing a trade deal that would reduce tariffs on Indian goods to 18 per cent.
Domestic equity benchmarks opened higher on Thursday as investor confidence improved after U.S. President Donald Trump rolled back tariff threats against European nations, citing a framework agreement on the Greenland issue.
The Indian stock markets opened on a flat but positive note on Tuesday, with both benchmark indices trading in green amid persistent foreign portfolio investor (FPI) selling and pressure in key sectors.
"As an industry, we will be very happy with zero duty. It will create a level playing field. We are very confident of our price points, of our machines, the quality of our machines, and we believe that if there is a zero duty, we would be very happy to sell those machines in a very competiti