Bessent told Politico that Indian refinery purchases of Russian oil have "collapsed" due to US tariffs, hinting that, while tariffs remain in place, a diplomatic "path" exists to remove them, provided India shifts its energy sourcing and asserted that these trade measures provide tangible
In a letter sent on January 16, Senators Kevin Cramer, Representative-North Dakota and Steve Daines, Representative-Montana asked President Trump to include "favorable pulse crop provisions" in any future bilateral trade agreement with the Republic of India. Both senators represent states th
US Commerce Secretary Howard Lutnick has claimed that the United States did not sign a trade deal with India as Prime Minister Narendra Modi did not place a call to US President Donald Trump.
Driven by commodity price volatility amid the persistence of the US-India trade deal stalemate, the risk to current account (C/A) dynamics is likely to moderate, as one-off import shocks ease. According to a Union Bank of India report, with the India-US bilateral trade agreement nearing fina
The domestic equity markets opened lower on Monday amid cautious global cues, continued foreign investor selling and uncertainty around key global central bank actions, as investors remained in a wait-and-watch mode for positive triggers such as a favourable US-India trade deal.
India must insist on balanced outcomes in the ongoing trade negotiations with the United States and remain extremely cautious about extending concessions on agricultural crops or genetically modified (GMO) products, the Global Trade Research Initiative (GTRI) has said in a detailed note.
The Indian rupee's recent depreciation against the dollar is temporary and will reverse once India concludes a trade agreement with the United States, according to Anant Goenka, Vice Chairman of RPG Group and President of the Federation of Indian Chambers of Commerce and Industry (FICCI).
India's economic growth is expected to come in strong for the second quarter of the current financial year, with GDP likely to rise 7.5 per cent, according to a report by Union Bank of India.
Congress leader Jairam Ramesh has launched a sharp attack on the Modi government over US President Donald Trump's repeated claims that he mediated a ceasefire between India and Pakistan during Operation Sindoor and asked why Prime Minister Narendra Modi does not "openly say that President