The domestic current account deficit (CAD) is expected to remain largely in check at around 1.2-1.5 per cent of the GDP in FY26, according to a report by Bank of Baroda.
Indian stock market opened in the positive territory on Tuesday, though investors remained cautious as the India-US trade deal continues to progress with talks moving ahead.
External Affairs Minister S Jaishankar on Sunday expressed the need to have a trade understanding with the United States (US), adding that not only because it's the world's largest market, but also because much of the world already has such arrangements. But it has to be an understanding
South Asia analyst Michael Kugelman has highlighted the importance of trade talks between India and the United States, stating that a potential trade deal could serve as a major confidence-building measure and help stabilise the bilateral relationship while easing tensions.
Speaking to ANI, Tharoor acknowledged the mounting tensions with the US post-tariff imposition, but explained that it had "nothing to do with India" since Trump's focus remains to push for manufacturing in his country, instead of only relying on imports.
Market participants in the Indian stock market will be closely eying a host of key global and domestic developments in the coming week, which could drive short-term sentiment and sectoral movements, according to the market experts.
Congress leader Jairam Ramesh on Sunday mocked Prime Minister Narendra Modi, and said, "His friend in Washington DC has stolen his thunder," after US President Donald Trump once again claimed credit for stopping Operation Sindoor by using increased trade with America as leverage.
Former Indian diplomat Anil Trigunayat called Donald Trump's USD 100,000 H-1B visa fee plan "regressive," warning it will hit India hardest. He stressed India-US trade talks must resolve tariff issues, backed Ian Bremmer's view of India's strong global position, and urged vigilance over t