In a weekly media briefing, MEA spokesperson Randhir Jaiswal said that the two governments are actively working to build a framework for the Bilateral Trade Agreement (BTA), which will be a multisector agreement beneficial to both nations.
India runs a marginal trade deficit with the USD 13 million in aluminium goods, and USD 406 million in steel goods. While India doesn't figure among top 10 importers of steel products, accounting for just 1 per cent of imports to the US, it is among the top 10 in aluminium imports. However,
Congress MP Manickam Tagore moves an adjournment motion to discuss discrepancies in voter lists post-2024 Lok Sabha elections, highlighting concerns over irregularities in Maharashtra and Haryana, which may undermine the electoral process's integrity.
India's export growth has been hampered over the past decade due to a combination of high import tariffs and low foreign direct investment (FDI) in mid-tech manufacturing sectors, according to a report by HSBC.
"Justin Trudeau, of Canada, called me to ask what could be done about Tariffs. I told him that many people have died from Fentanyl that came through the Borders of Canada and Mexico, and nothing has convinced me that it has stopped. He said that it's gotten better, but I said, "That's not
The impact of U.S. tariff reciprocity on Indian exports is expected to be minimal, despite concerns over trade restrictions, according to a report by State Bank of India.
He was speaking ahead of Prime Minister Narendra Modi's meeting with US President Donald Trump in the US. He pointed out that India and the US differ regarding the focus area, as for India the focus is in its border, while for the US, it is in the Indo-Pacific region.
The Indian rupee has been steeply depreciating for the past few weeks. It fell to a record low of 87.29 per dollar on Monday, weighed down by concerns over trade tariffs imposed by US President Donald Trump and global market uncertainties.
Indian stock markets witnessed a sharp decline during opening on Monday as US President Trump imposed trade tariff on Columbia which dampened investor sentiment.
As Donald Trump begins his second term as the President of the United States, his administration appears poised to take a more balanced approach to trade policies, according to a report by YES Securities.
Domestic stock markets on Tuesday witnessed a bloodbath, ending on a weak note due to the selling pressure in heavyweight stocks such as Kotak Bank, Zomato, RIL and US President Donald Trump's aggressive take on the trade tariffs on various countries