Shiv Sena (UBT) MP Sanjay Raut on Thursday criticised the India-US trade agreement, which reduced the previously imposed tariff of 50 per cent to 18 per cent, saying that with this trade deal, the United States has almost bought India.
"It is a good gesture between India and the US. The Commerce Ministry had been working to get the tariff reduced. This will ease out any apprehensions," he told ANI.
The Director of the Centre for New American Security (CNAS), Lisa Curtis, on Tuesday (local time) described the recently announced India-US trade deal, in which Washington reduced the tariff on Indian goods to 18 per cent, as a "major step forward" for bilateral ties, while also cautionin
The President of the US-India Business Council (USIBC) at the US Chamber of Commerce, Atul Keshap, has welcomed the recently announced India-US trade deal, in which Washington reduced the tariff on Indian goods to 18 per cent, saying that the agreement sends a "very positive psychological
Former Indian diplomats on Tuesday welcomed the India-US trade agreement, calling it a positive and evolving step that would boost bilateral trade, business confidence and people-to-people benefits between the two countries.
A recent Lancet Global Health study warning that sharp reductions in global development assistance could reverse health gains and lead to millions of additional deaths worldwide has triggered discussion among Indian health experts, who maintain that while India may need to restructure som
Rajesh B. Lund, President of the Chamber of Commerce, Coimbatore, said the industry has "warmly welcomed" the US tariff reductions announced under the new trade initiative. "This is a landmark achievement, and we wholeheartedly appreciate the leadership of Prime Minister Narendra Modi, whose
"Till the Prime Minister's visit to China for the SCO Summit, comments from people around President Trump were very critical. But after the optics of the PM's meetings with President Putin and President Xi, the tone changed. President Trump began posting that India and PM Modi are great frie
The reduction in the US import duties, along with forthcoming duty-free trade agreements with the United Kingdom and European countries, will drive remarkable growth in the Indian textile industry. As a result, employment opportunities in the textile sector will multiply significantly.
At the time of closing, Sensex was at 83,739.75, up by 2072 points or 2.5 per cent, while Nifty was at 25,727, up by 639 points or 2.5 per cent. In terms of sectors, all the major indices traded in the green.
He said the decision by the US administration to lower tariffs on Made in India goods reflects the strong leadership and effective diplomacy of Prime Minister Narendra Modi.
In its report titled "India: US-India conclude trade deal: President Trump lowers 'reciprocal' tariffs on India to 18%", Goldman Sachs noted that President Trump announced on social media a reduction in the reciprocal tariffs on Indian goods imports to 18% down from the earlier 25%, 'effecti