Union Minister of Commerce and Industry Piyush Goyal held a meeting with Howard Lutnick, the United States Secretary of Commerce, to discuss the prospects of a mutually beneficial trade agreement between the two nations.
"Good discussions with Secretary Howard Lutnick towards expediting the first tranche of India-US Bilateral Trade Agreement," Minister Goyal posted on social media platform X yesterday, signalling positive momentum in the talks.
Indian stock indices slumped for the third straight session, possibly due to continued profit booking, while investors awaited further updates on India-US trade deal negotiations.
Union Commerce and Industry Minister Piyush Goyal held productive discussions on Tuesday with US Commerce Secretary Howard Lutnick, focusing on expediting the first tranche of the India-US Bilateral Trade Agreement.
External Affairs Minister S. Jaishankar confirmed that India-US trade negotiations are ongoing and complex, emphasising the need for a mutually beneficial deal. On the same day, US President Donald Trump linked the recent India-Pakistan ceasefire to his push for both countries to focus on tr
Indian equity indices ended on a strong note following a favorable shift in global cues and renewed optimism surrounding a potential India-US trade agreement, as per experts.
Congress MP Jairam Ramesh on Tuesday slammed Prime Minister Narendra Modi for his "silence" regarding US President Donald Trump's announcement of a "ceasefire" between India and Pakistan and urged him to convene an all-party meeting and clarify the issue to the opposition leaders.
Indian benchmark indices opened on a positive note on Monday, supported by strong foreign investor inflows and encouraging signals from the global market.
The US administration has been able to dominate the perception battle with its Indian counterpart at a time when both partner countries are negotiating for a bilateral trade deal, argued Ajay Srivastava, Founder of the Global Trade Research Initiative (GTRI) and a foreign trade officer.
Amid the ongoing trade tensions between US and China, countries like India and Japan may be able to negotiate better deals with the US, according to a report by Jefferies.