The selling spree continued in Indian stock markets on Friday, as both key indices extended their weekly losses, slipping nearly 1 per cent amid weak investor sentiment and a lack of clarity on the much-anticipated India-US trade deal.
Union Commerce Minister Piyush Goyal on Wednesday indicated that talks on the India-US Bilateral Trade Agreement are "going on very well", but said that there are "many sensitive and serious issues" and it would take time.
US President Donald Trump once again repeated his assertion that tariffs were instrumental in averting a "nuclear war" between India and Pakistan during the May 2025 escalation, claiming he warned both countries they would lose US trade access if they didn't de-escalate.
Speaking to reporters in Gyeongju, Carney said the strategy was already showing results, citing the "progress which we have been making with India." He added that Canadian Foreign Minister Anita Anand and other cabinet members have been engaging with their Indian counterparts to advance t
"The latest data make one point clear: tariffs have not only squeezed India's trade margins but also exposed structural vulnerabilities across key export industries," GTRI said.
After three consecutive months of persistent selling, foreign portfolio investors (FPIs) again turned net buyers in the Indian stock markets in October.
Addressing the weekly media briefing, Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal said India's position on energy sourcing remains unchanged and guided by national interests.
Post tariffs, trade deficit of United States declined by USD 42 billion but during the same period it has gone up by USD 9 billion with top five trading partners including India, noted a research report by the State Bank of India (SBI).
"We've already seen a great outcome today. We signed two full trade deals with Malaysia and. Cambodia; two agreements in principle with Thailand and Vietnam. We made critical minerals deals. We did a peace deal between Thailand and Cambodia," US Trade Representative Jamieson Greer said.
Addressing reporters after the talks, China's international trade representative with the Ministry of Commerce Li Chenggang said a "basic consensus" was reached after a "in-depth and candid discussion".
He Lifeng met with US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer over the weekend on the sidelines of the Association of Southeast Asian Nations (ASEAN) summit in Kuala Lumpur, describing the discussions as "candid, in-depth, and constructive."
China on Saturday strongly opposed a US Trade Representative (USTR) probe into its compliance with the Phase One trade agreement, accusing Washington of escalating economic pressures and spreading false narratives that undermine bilateral ties.