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BJP chief Nitin Nabin on Sunday said that the Modi government "diplomatically and patiently" made the trade deal with the US, ensuring the interests of the farmers and workers remain protected. Nabin said this at Ramleela Maidan while flagging off 500 e-buses along with Chief Minister Rekha Gupta and her Cabinet ministers. The Modi government "diplomatically and patiently" made a trade deal with the US, said the BJP president. "I congratulate Prime Minister Narendra Modi for this deal. He has protected the interests of the farmers, workers and enhanced the self-respect of the country," Nabin said. He also congratulated the Delhi chief minister, saying the 500 e-buses were a gift for the Delhi people who on February 8 last year handed over a massive victory to the BJP in Assembly polls. The BJP defeated AAP in the Assembly polls, winning 48 of the 70 Assembly seats, in the results announced on February 8, 2025. The BJP government in Delhi has in last one year worked with zero toler
After three consecutive months of heavy selling, foreign portfolio investors (FPIs) turned net buyers in the first week of February, infusing more than Rs 8,100 crore in Indian equities, aided by improving risk sentiment, along with a trade deal with the US. The inflows follow sustained withdrawals in recent months, with FPIs pulling out Rs 35,962 crore in January, Rs 22,611 crore in December, and Rs 3,765 crore in November, data with the depositories showed. Overall, in 2025, FPIs pulled out a net Rs 1.66 lakh crore (USD 18.9 billion) from Indian equities, marking one of the worst periods for foreign flows. The selling was driven by volatile currency movements, global trade tensions, concerns over potential US tariffs and stretched equity valuations. According to the data, FPIs invested Rs 8,129 crore in this month (till February 6). Himanshu Srivastava, principal manager- research at Morningstar Investment Research India, said the recent buying reflects improving risk appetite a
The US has said it is "very excited" to have extended an invitation to India to join the Pax Silica initiative on supply chain security and will be soon signing with the Indian Government, underlining there is "very positive momentum" in relations with New Delhi. Highlighting the "great relationship" between President Donald Trump and Prime Minister Narendra Modi, Washington also stressed that India is probably the only other country on Earth to be able to "rival China" in terms of the sheer volume of its human talent. "We are very excited to have extended an invitation for India to join" Pax Silica, and "I'll be travelling to India in just a couple weeks for a major signing with the Indian Government," Under Secretary of State for Economic Affairs Jacob Helberg told reporters on Friday. The US had last year in December launched 'Pax Silica', a strategic initiative to build a secure, prosperous, and innovation driven silicon supply chain-from critical minerals and energy inputs to .
India has agreed to provide import duty concessions to certain US agricultural products such as dried distillers' grains (DDGs), red sorghum and apples for animal feed. According to a joint statement, India and the US have agreed on a framework for the first phase of the bilateral trade agreement, which is expected to be signed by mid-March. Commerce Minister Piyush Goyal told reporters that India will provide quota-based tariff concessions on US agricultural products such as DDGs, soybean oil, apples, long staple cotton and soybean oil. "We have opened our markets for the US in a calibrated manner on some products like Distiller's Dried Grains with Solubles (DDGS), wines and spirits in which we have kept a minimum import price also," Goyal said. When asked if DDG's have GM (genetically modified) soymeal, the minister assured that the environment ministry has prescribed processes on allowing the import of GM materials in India, which will be followed. According to the US Grains an
India and the US have discussed ways to strengthen collaboration in "critical and emerging defence technologies" to meet the evolving requirements at a key meeting hosted here, officials said on Thursday. The Defence Research and Development Organisation (DRDO) hosted the 24th Indo-US Joint Technical Group Plenary Meeting in New Delhi on February 3 and 4, they said. The meeting was co-chaired by Director General (Production Coordination and Services Interaction), DRDO, Chandrika Kaushik, and Assistant Secretary of War for Critical Technologies, Office of the Under Secretary of War for Research and Engineering, Michael Francis Dodd, the defence ministry here said. The plenary was conducted in line with the vision and policy guidance of the framework for India-US Major Defence Partnership signed by Defence Minister Rajnath Singh and the US Secretary of War Pete Hegseth in October 2025, officials said. "The delegations reviewed the ongoing cooperation in defence science and technology
India and the US are expected to finalise and sign a joint statement on the first tranche of the bilateral trade agreement in 4-5 days, Commerce and Industry Minister Piyush Goyal said on Thursday. After the joint statement is signed, the US will come out with an executive order on reducing tariffs on India to 18 per cent. At present, Indian goods attract a 25 per cent reciprocal tariff and a 25 per cent additional tariff for buying Russian crude oil. Goyal told reporters that a legal agreement for the first tranche of the pact is expected to be signed by mid-March. The joint statement will be followed by an exhaustive legal agreement, he said. Goyal also said that there is no investment commitment in this pact. Once the statement is signed, it will be converted into a legal agreement and mid-March, "We are hopeful of signing that legal agreement," Commerce Secretary Rajesh Agrawal said. The signing of the legal text will lead to a cut in tariffs by India on certain US goods.
India's ambition to maintain high economic growth is closely linked to long-term energy security, Consul General D C Manjunath said, underlining the importance of dialogue and cooperation with the US industry to ensure reliable and affordable energy supplies, while advancing cleaner technologies and innovation. The Consulate General of India (CGI) in Houston on February 4 convened a high-level USIndia Energy Roundtable on the Global Energy Outlook 2026 at its office here, in partnership with the US-India Strategic Partnership Forum (USISPF). The closed-door meeting brought together over 30 senior executives from global energy, engineering, and technology firms, including ExxonMobil, Chevron, Honeywell, GAIL, Larsen & Toubro, Weatherford, LanzaTech, S&P Global, McKinsey, and the Society of Petroleum Engineers. The Consulate General of India said the roundtable was part of its ongoing effort to provide a platform for dialogue between policymakers and industry leaders on shared ..
Congress president Mallikarjun Kharge on Wednesday questioned the manner in which the Indo-US trade deal was announced at a time Parliament was in session, and asked whether India had compromised in any manner under US "pressure". He also asked whether India has agreed to zero tariffs on American imports, as claimed by US President Donald Trump. In a post on X, he also asked whether the country's farmers were secure and whether India has opened the agriculture sector for the US agriculture market. He said India and the United States enjoy a comprehensive global strategic partnership driven by shared values since several years now. "The Indo-US Nuclear Deal signed under former PM, Dr Manmohan Singh was a prime example of our commitment to mutual progress. The Congress-UPA government was transparent in its approach in regularly taking Parliament into confidence while inking the various agreements of the landmark deal. "Contrast this with the present scenario, where the nation does n