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.
The domestic equity benchmark indices opened in green on Tuesday despite global uncertainty triggered by US President Donald Trump's continued weaponisation of tariffs, including the latest threat of imposing duties on countries trading with Iran.
"India is the world's largest nation. So it's not an easy task to get this across the finish line, but we are determined to get there and while trade is very important for our relationship, we will continue to work closely together on other very important areas such as security, counter-t
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."
India's textile and apparel exports face significant strain due to United States tariffs, with approximately 30 per cent of the sector's trade currently in doubt.
Congress MP Jairam Ramesh on Friday took a swipe at the BJP-led Centre by sharing remarks of US Commerce Secretary Howard Lutnick, alleging that India missed out on a trade deal with the United States due to a lack of direct engagement at the leadership level.
Following the assumption of office by former US President Donald Trump, a 50 per cent tariff was imposed on Indian exports, pushing several sectors of Indian industry into severe stress.
Speaking on tariffs imposed by the US on India and US President Donald Trump's stance, former diplomat Ashok Sajjanhar said, "We have known for quite some time that we have been waiting for Trump to sign the final negotiated bilateral trade agreement that was submitted to him at the beginnin
Solar power tariffs continue to decline as technology advances and mass adoption increases across the globe. According to a report by PL Capital, India's solar industry is finding a major customer in the United States. The reason can be attributed to the U.S. restricting imports from China-l
The trade deficit of the country is likely to settle around current levels of November in the near to medium term, with a weaker rupee expected to help keep the gap between exports and imports under control, according to a report by Nuvama.
Samajwadi Party MP Rajeev Rai on Friday said that at this point, the trade negotiations between India and the US have been heavily tilted towards Americans, terming it a failure of Indian foreign policy.