The Indian conglomerate will act as prime bidder, with the US firm to provide critical technology transfers
US President Donald Trump once again claimed that India is going to stop buying oil from Russia, emphasising that India is cutting back Russian oil purchases completely while China will cut back very substantially. Talking to reporters onboard Air Force One on his way to Malaysia, on Saturday, Trump said that India is cutting back Russian oil purchases completely. While responding to a question about raising the issue of Russian oil with Chinese President Xi Jinping during their meeting, Trump said he might discuss Russian oil purchases with Xi. I may be discussing it, but you know China, you probably saw it today. China's cutting back very substantially on the purchase of Russian oil, Trump said. Trump is set to meet Xi on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in South Korea. The US president and his administration have been claiming for the past few days that India has assured that it will significantly reduce its oil imports from Russia. However,
US President Donald Trump's India tariffs could recast bilateral defence relationship
Strategic experts on Friday discussed the contours of the current India-US relationship, with some saying that it was a moment where the ties are being "tested", while others said one should not get swayed by words like "transactional" being used by many to describe it. The online panel discussion saw participation from members of some of the think-tanks based in Delhi and Washington. The topic was 'Negotiating a Transactional Relationship: India and the US', and the discussion was hosted by Delhi-based Centre for Land Warfare Studies (CLAWS). Elizabeth Threlkeld, a Senior Fellow and Director of the South Asia Program at the Stimson Center in Washington, emphasised the broader "momentum and continuity in the relationship" between India and the US. The online event was held nearly a month after the cessation of firing and military action between India and Pakistan after a four-day military conflict. While the US has claimed that it played a role in this cessation, India has asserted
India has offered preferential access to nearly 90% of goods imported from the United States, including the reduced tariffs, one of the two officials said
India has already made a number of offers and pre-emptive concessions to the US on trade, showing itself more eager than several other big US trading partners
India and the US are planning to negotiate a trade agreement and both countries will focus on increasing market access, reducing import duty and non-tariff barriers, and enhancing supply chain integration, Parliament was informed on Tuesday. In a written reply to the Lok Sabha, Minister of State for Commerce and Industry Jitin Prasada said that as on date, reciprocal tariffs have not been imposed by the US on India. "Both countries plan to negotiate a mutually beneficial, multi-sector Bilateral Trade Agreement. Both countries would focus on increasing market access, reducing tariff and non-tariff barriers, and enhancing supply chain integration," he said. The US issued Memorandum on Reciprocal Trade and Tariffs on February 13, wherein the Secretary of Commerce and United States Trade Representative are to take necessary actions to investigate harm to America from any non-reciprocal trade arrangements adopted by trading partners and provide a report with detailed proposed remedies fo
Modi is preparing additional tariff cuts ahead of his meeting with Trump that could boost American exports to India and avoid a potential trade war, government officials said
During the first Trump administration, the Indo-Pacific region gained significant attention as a key strategic area in US foreign policy
Kwatra met Congresswoman Deborah Ross, Congressmen Andy Barr and Rick McCormick as well as Indian-origin Congressmen Ami Bera, Ro Khanna, Shri Thanedar and Raja Krishnamoorthi
Avinash Gupta, President of the Foreign Indian Association, believes Trump's good rapport with Prime Minister Narendra Modi will strengthen India-US relations
Navtej Sarna further stated that Trump's presidency marked China as the primary strategic competitor for the US, while Trump also fostered a strong personal rapport with PM Modi
US Presidential election 2024: Indian leader PM Modi, EAM Jaishankar, Chief Economic Adviser Nageswaran, and more expect US-India bond to remain strong regardless of US election results
As an Indian inquiry committee set up in connection with alleged foiled plot to kill Sikh separatist Gurpatwant Singh Pannun had a meeting with the officials in the US, India on Thursday said it has taken inputs provided by the US "very seriously". Ministry of External Affairs spokesperson Randhir Jaiswal said this during a press briefing here. In response to another query on the person identified in an indictment of the US Department of Justice (DoJ) in connection with the case, Jaiswal confirmed that the person is "no longer an employee of the government of India". The US earlier said the Indian government has expressed seriousness in dealing with the allegations of the plot to kill Pannun. A team of Indian officials had a meeting recently with the officials of the State Department and Department of Justice in Washington. Following the allegations by the US, India appointed a high-level inquiry committee to look into the inputs provided by the US on the plot. Two members of the
No 'feeling of discrimination' against any religious minority in India, he tells Financial Times
Post the first state visit of Prime Minister Narendra Modi to the US, the two countries are forging much closer bilateral ties with high-level visits on all fronts, a senior Biden administration official has said, observing that India and the US have never had a stronger relationship than now. Modi visited the US at the invitation of President Joe Biden and met him on all three days of his stay here between June 21 and June 23. On June 22, the two leaders spent time together for more than eight hours, the official said. Biden also held a private dinner for Modi on June 21. India and the United States have never had a stronger relationship than right now, the official said post-Modi visit, it has never been deeper in the memory of the president. The official said China was a major issue of discussion between the two leaders. In reality it (China) is not the glue of our relationship at all, but it's one of the factors and I think we're gonna have that glue for a long time to come, t
Defence cooperation is fizzling out with no big-ticket procurement driving forward the relationship
Two specific targets for this elevated engagement were semiconductors and defence production
The Trade Policy Forum, revived in 2021 after a gap for four years, will reconvene on a ministerial level before end of 2023
US vice president calls India as a "very important partner" to the US and welcomes New Delhi's announcement that it will resume Covid-19 vaccine exports.