Recognizing that this level of ambition would require new, fair-trade terms, the leaders announced plans to negotiate the first tranche of a mutually beneficial, multi-sector Bilateral Trade Agreement (BTA) by fall 2025.
India and the US are set to sign a new 10-year framework for the "US-India Major Defence Partnership in the 21st Century," aimed at strengthening defence ties between the two countries, according to a joint statement released following Prime Minister Narendra Modi's recent meeting with US
Mumbai (Maharashtra) [India], February 14: With algorithmic trading accounting for nearly 60% of total market volumes in India, the demand for AI-powered platforms is at an all-time high. Artificial intelligence is no longer just a buzzword in the financial world--it's rapidly transforming h
Addressing a press briefing after a meeting between PM Modi and Trump in the White House, the Foregin Secretary said, "We have indicated, and the two leaders have agreed today to start discussing trade and tariff-related issues."
Following the bilateral meeting between Prime Minister Narendra Modi and President Donald Trump, Foreign Secretary Vikram Misri provided a detailed overview of the key initiatives launched during the visit and said that the leaders launched Mission-500 in the sector of trade and investmen
During the meeting, PM Modi and Trump discussed various issues, including trade, defence, technology, energy, security, and people-to-people ties. They also exchanged views on regional and international developments of mutual interest.
US President Donald Trump reiterated his stance on tariff reciprocity in the joint press conference with Prime Minister Narendra Modi, emphasizing that the United States will match tariffs imposed by other countries, including India, to ensure fair trade.
PM Modi said that the people of the US are aware of Trump's motto MAGA while the people of India are moving towards the goal of Viksit Bharat 2047. He said that India and the US will strengthen the oil and gas trade to ensure India's energy security.
Lauding President Donald Trump's unwavering focus on the national interest of the United States, PM Modi said he too is committed to "keep the national interest of India at the top of everything else".
"Canada has been very bad to us on trade. But now Canada is going to have to start paying up. Canada has been tough on the military because they have a very low military cost," Trump said.
He said, "It will certainly have no impact on this very important free trade treaty, TEPA, which we have concluded and which is now in the process of ratification and should then to interforce in the latter part of the year or at the latest next year."
Addressing reporters ahead of the meeting of PM Narendra Modi with US President Trump, the official said, "I anticipate what will be coming out of the meetings today will be further momentum towards a solidified fair bilateral trade arrangement between our two dynamic and growing economie