Indian rupee is expected to depreciate by around 2 per cent to the 92 level against the US dollar by the end of 2026, despite the short -term relief rally following the announcement of the US-India trade deal on January 3, according to a report by UBS.
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.
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
US Congressman and co-chair of the India Caucus, Rich McCormick, has emphasised that the India-US strategic partnership is crucial for global "peace and prosperity" following the recent trade deal announced between the two countries.
"For the last six months, we've been going through a lot of turmoil since the tariffs were imposed. We were struggling because we didn't want to leave the buyers, and the buyers didn't want to leave the exporters. With yesterday's news, we reached a point of saturation on whether we could ta
"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
Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises, described the agreement as "much-awaited" and transformational for both economies. "The deal marks a significant milestone, unlocking immense opportunities for investments and growth, and added that the flurry of free trade agr
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
Sachdev, in conversation with ANI, said that the deal is a good news for Indian economy as it provides predictability and stability for US-India trade.
Millben said that the deal was a result of US President Donald Trump displaying humility for restoring relations with India after weeks of uncertainty.
The BJP workers felicitated Prime Minister Narendra Modi with chants of "Jai Modi," "Vande Mataram," and "Bharat Mata ki Jai" after the Prime Minister secured the trade deal with US President Donald Trump at the NDA Parliamentary party meeting underway in Parliament premises on Tuesday.