Donald Trump's claim that India will buy $500 billion of US goods under a new trade deal dwarfs current trade flows and follows a familiar pattern from his earlier negotiations
These remarks were made by White House Press Secretary Karoline Leavitt on Tuesday
The White House budget director, Russ Vought, said on the social platform X at the time that officials believed the spending was based on unconstitutional diversity, equity and inclusion principles
Trump has said he will sign the bill when it reaches his desk, ending the partial government shutdown that began on Saturday
After months of tariff shocks, stalled talks and diplomatic sparring, India and the US finally stitched together a trade deal that reshaped bilateral ties
US tariff relief lifts markets and sentiment, but India must use the trade deal to deepen reforms, attract capital flows and diversify exports
India and the US have entered a new phase in their relationship, marked by greater parity
A BTA between the two nations would deliver meaningful benefits for businesses, workers, and consumers in both countries, while strengthening supply chains and economic resilience, it added
Analysts believe that the gems and jewellery related sector is likely to benefit from the India-US trade deal.
The US government has rolled out Project Vault, a $12 billion scheme to stockpile rare earths and critical minerals, aiming to shield American companies from global supply disruptions
The India-US trade deal, Antique believes, is significantly positive for Indian equities as FPI equity outflow of $34 billion since October 2024, the highest among emerging markets (EMs), may reverse
The announcement came after a phone call between Prime Minister Narendra Modi and Trump
Avanti Feeds hit a fresh life-time high at ₹960, while Apex Frozen Foods quoted at its highest level since September 2022 after the US President partly rolled back reciprocal tariffs on Indian imports
India-US trade deal: A closer look at how American tariffs on Indian exports compare with those faced by key rivals such as China, Vietnam, Mexico, Bangladesh across major sectors
A lawsuit challenges the Trump administration's freeze on green cards for 75 countries, arguing it unlawfully blocks lawful immigration using public charge rules
In a post on X, Vaishnaw, the Union minister for information and broadcasting, said, 'Trade deal between the US and India will lead to a brighter future for both countries'
Sector-wise, Financials, information technology (IT), and Telecom, they said, are the ways to participate in the market rebound
Democrats are refusing to provide the votes House Speaker Mike Johnson needs to push the package forward as they try to rein in the Trump administration's deportation operations
Trump said India stopped purchasing Russian crude, a move he linked directly to the agreement between the two countries.
US aims to shield manufacturers from supply shocks