Tuesday, February 03, 2026 | 03:35 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Economy

India-US trade in context: How it compares with the EU, China and others

India and the US have announced a trade deal to ease tariffs. Here's how the India-US trade relationship compares with India's major partners and the world's largest trade corridors

India-US trade in context: How it compares with the EU, China and others
Updated On : 03 Feb 2026 | 3:02 PM IST

India-US trade deal positive for labour-intensive sectors : Moody's

Moody's said the trade deal will reinvigorate India's goods export growth to the US, which remains the country's largest goods export market

India-US trade deal positive for labour-intensive sectors : Moody's
Updated On : 03 Feb 2026 | 2:22 PM IST

'An important and positive first step': USISPF on US-India trade deal

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

'An important and positive first step': USISPF on US-India trade deal
Updated On : 03 Feb 2026 | 1:52 PM IST

US trade deal could push India's growth above forecast: CEA Nageswaran

Nageswaran's bullishness was echoed by Indian markets, with the rupee posting its biggest gain in more than three years and stocks jumping the most since 2021 on Tuesday

US trade deal could push India's growth above forecast: CEA Nageswaran
Updated On : 03 Feb 2026 | 1:14 PM IST

'Great deal of uncertainty dropped': DEA secretary on India-US trade deal

Anuradha Thakur said the Indian economy has remained 'resilient' amid growing geopolitical uncertainty, as the India-US trade deal brought clarity after months of negotiations

'Great deal of uncertainty dropped': DEA secretary on India-US trade deal
Updated On : 03 Feb 2026 | 12:15 PM IST

India's rice exporters hope to boost shipments to US after tariff cut

Exporters expect improved competitiveness and higher shipments to the US after the proposed reduction in American tariffs on Indian goods to 18 per cent from 50 per cent

India's rice exporters hope to boost shipments to US after tariff cut
Updated On : 03 Feb 2026 | 12:03 PM IST

Indian refiners face challenge as Trump says country won't buy Russian oil

Along with price discounts, India must replace around 1.7 million barrels per day of average Russian crude imports

Indian refiners face challenge as Trump says country won't buy Russian oil
Updated On : 03 Feb 2026 | 11:53 AM IST

India's seafood exports to US set to rebound after tariff cut to 18%: SEAI

Fish exports to the US fell 15 per cent by volume to 201,501 tonnes in the April-November period of the current fiscal year

India's seafood exports to US set to rebound after tariff cut to 18%: SEAI
Updated On : 03 Feb 2026 | 11:51 AM IST

India likely to buy petroleum, defence goods, aircraft from US under deal

Trump announced a trade deal with India that slashes US tariffs on Indian goods to 18% from 50% in exchange for India halting Russian oil purchases and lowering trade ​barriers

India likely to buy petroleum, defence goods, aircraft from US under deal
Updated On : 03 Feb 2026 | 11:34 AM IST

India-US trade deal explained: What we know and what remains unclear

Even as both PM Modi and Trump hailed the agreement, details on several key issues, including agriculture, India's purchase of Russian oil and the services sector, remain unclear

India-US trade deal explained: What we know and what remains unclear
Updated On : 03 Feb 2026 | 11:23 AM IST

US tariff cut to 18% to boost Indian rice exports, says exporters' body

The revised tariff structure would place India on a par with competitors like Thailand and Pakistan, which currently face duties of approximately 19 per cent

US tariff cut to 18% to boost Indian rice exports, says exporters' body
Updated On : 03 Feb 2026 | 10:54 AM IST

Indian refiners likely to need wind-down period to halt Russian oil imports

Indian companies have already booked cargoes loading in February and arriving in March, so a wind-down period would be needed to fulfil existing commitments

Indian refiners likely to need wind-down period to halt Russian oil imports
Updated On : 03 Feb 2026 | 10:44 AM IST

India-US deal major catalyst for semiconductor ecosystem: President IESA

IESA said India-US trade deal can be a major catalyst for India's electronics, semiconductor, and technology ecosystem

India-US deal major catalyst for semiconductor ecosystem: President IESA
Updated On : 03 Feb 2026 | 10:18 AM IST

India-US trade deal major boost for 'Made in India' initiative: FM

Sitharaman expressed gratitude to the leadership of Prime Minister Modi and President Trump following annoucement of the trade deal

India-US trade deal major boost for 'Made in India' initiative: FM
Updated On : 03 Feb 2026 | 10:14 AM IST

India, US agree to a trade deal; reciprocal tariff reduced to 18%: Trump

The announcement came after a phone call between Prime Minister Narendra Modi and Trump

India, US agree to a trade deal; reciprocal tariff reduced to 18%: Trump
Updated On : 03 Feb 2026 | 10:12 AM IST

India-US trade deal: What tariffs are India's export competitors paying?

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

India-US trade deal: What tariffs are India's export competitors paying?
Updated On : 03 Feb 2026 | 10:06 AM IST

India-US deal boosts Make in India, unlocks growth for farmers: Goyal

Goyal also said the trade deal will help India get technology from the US

India-US deal boosts Make in India, unlocks growth for farmers: Goyal
Updated On : 03 Feb 2026 | 9:48 AM IST

Indian stocks poised for foreign buying surge after US trade deal

Trade deal's finalisation comes just a day after Budget, which offered fresh support for exporters and sectors including rare earths, reinforcing early signs of improving investor confidence

Indian stocks poised for foreign buying surge after US trade deal
Updated On : 03 Feb 2026 | 9:46 AM IST

India-US trade deal: Timeline of negotiations, tariffs and turning points

After the US imposed 50 per cent tariffs, Prime Minister Narendra Modi said India would "never compromise" on the interests of farmers, livestock rearers and fishermen

India-US trade deal: Timeline of negotiations, tariffs and turning points
Updated On : 03 Feb 2026 | 9:41 AM IST

India-US trade deal a win-win for citizens, industries, says Vaishnaw

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'

India-US trade deal a win-win for citizens, industries, says Vaishnaw
Updated On : 03 Feb 2026 | 9:27 AM IST