Ex-US Marine intel officer Newsham said that Gor had a lot of vested power, and chose to come to India because he likes the country
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
With the US agreeing to cut tariffs on Indian goods to 18%, industry expects India's textile and apparel exports to gain a competitive edge and post double-digit monthly growth from FY27
India and the US have entered a new phase in their relationship, marked by greater parity
Addressing a press conference, Goyal said India secured more favourable terms than several comparable countries that have entered into trade arrangements with the United States
The US-India Strategic Partnership Forum (USISPF) on Monday enthusiastically welcomes US President Donald Trump's announcement following his conversation with Prime Minister Narendra Modi, which reaffirms their shared commitment to deepen the USIndia economic partnership and advance a bilateral trade agreement. India and the US agreed on a trade deal under which Washington will bring down the reciprocal tariff on Indian goods to 18 per cent from the current 25 per cent, US President Donald Trump announced on Monday in a Truth Social post. USISPF said that the reduction of India's reciprocal tariff marks "an important and positive first step." "While the agreement's specifics are pending, today's announcement signals strong political will on both sides to move toward a comprehensive USIndia Bilateral Trade Agreement (BTA) that addresses tariffs, market access, non-tariff barriers, and other trade-related issues across a wide range of sectors," it said. A BTA between the two nations
The announcement came after a phone call between Prime Minister Narendra Modi and Trump
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
Union Minister Ashwini Vaishnaw on Monday said the India-US trade agreement is a win-win deal which will benefit citizens and industries of both countries. Vaishnaw's remarks came soon after US President Donald Trump spoke to Prime Minister Narendra Modi and announced that India and the US have agreed on a trade deal. Under the agreed deal, Washington will bring down the reciprocal tariff on Indian goods to 18 per cent from the current 25 per cent. Trump said India will move forward to reduce "tariffs and non-tariff barriers" against the US to zero, adding New Delhi would buy American goods, including energy, worth more than USD 500 billion. 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 is a win-win deal. Citizens and industries of both countries will benefit greatly from this deal," he said. Terming the US and India as the world's ..
Stocks to Watch today, Feb 3: Stocks from sectors influenced by Trump's tariff measures, including pharma, IT, textiles, jewellery, chemicals, and auto, are set to remain in focus on Tuesday
Trump said India stopped purchasing Russian crude, a move he linked directly to the agreement between the two countries.
The rebound came after a sharp-sell off witnessed during the special trading session on Sunday, February 1, 2026 as Finance Minister Nirmala Sitharaman presented the Budget 2026
Top bipartisan American lawmakers and political leaders hailed the India-US ties and contributions of the Indian diaspora, saying the partnership is "vital" for peace and stability around the globe and called for further strengthening bilateral ties. The Consulate General of India in New York hosted a special reception here Saturday to commemorate the 77th Republic Day of India. Consul General of India in New York Binaya Srikanta Pradhan and Deputy Consul General Vishal Harsh welcomed the dignitaries at the reception. The reception was attended by government officials, leaders from business, academia and culture, several prominent members of the Indian-American community, members of the diplomatic corps and guests from various spheres of life. Addressing the gathering, Delaware Governor Matt Meyer underlined that the Indian community in his state is "our fastest immigrant community in Delaware, as it is in many places across the country." He recalled the immigrant journey of the .
Calling it a roadmap that strengthens India's competitiveness, boosts investment, and enhances ease of doing business, US-India Strategic Partnership Forum welcomed Union Budget
The negotiations for a proposed bilateral trade agreement between India and the US are progressing, and both countries are working to close the deal "quickly", Commerce and Industry Minister Piyush Goyal said on Saturday. He expressed confidence that "good news" on this front will be announced in the near future. "Every free trade agreement stands on its own legs. And we are having very good negotiations. My counterpart in the US and I have a very wonderful working relationship and a wonderful personal friendship. We are working towards closing the deal quickly," Goyal told PTI in an interview. He was replying to a question about when the "father of all deals" between India and the US would become a reality, now that the "mother of all deals" is already in the bag. The free trade agreement between India and the European Union, which was concluded recently, has been widely termed as "mother of all deals". On whether the India-US trade pact could be concluded by the end of this year
The US effort to supply Venezuelan crude to India comes as Washington also seeks to reduce Russian oil revenues that are funding the war in Ukraine
CEA V Anantha Nageswaran says industry cannot be protected forever, backs reforms for sustained 7% growth, and stresses innovation and exports as key to India's economic future
Ongoing negotiations for a trade agreement with the US are expected to conclude during the year, a development that could help reduce uncertainty on the external front, according to Economic Survey 2025-26. For India, it said, the global conditions translate into external uncertainties rather than immediate macroeconomic stress. Slower growth in key trading partners, tariff-induced disruptions to trade and volatility in capital flows could intermittently weigh on exports and investor sentiment, the Survey said. "At the same time, ongoing trade negotiations with the United States are expected to conclude during the year, which could help reduce uncertainty on the external front," it said. India and the US are negotiating a bilateral trade agreement since March last year. So far, six rounds of negotiations have been held. Talks are going slow as the Trump-administration has imposed a steep 50 per cent tariffs on Indian goods from August last year. A delegation from the office of the
India voiced appreciation to the US towards addressing the "long-standing" conflict in Gaza as New Delhi noted the recent progress with regard to the implementation of the UN Security Council resolution on the issue. These remarks were made by India's Permanent Representative to the UN, Ambassador Parvathaneni Harish on Wednesday. "India takes note of recent progress with regard to the implementation of UN Security Council Resolution 2803 to end the Gaza conflict. India also takes this opportunity to express appreciation to the United States in addressing this long-standing issue," Harish said in his remarks to the UN Security Council open debate on the Situation in the Middle East. The UN Security Council resolution 2803, adopted in November last year, endorsed US President Donald Trump's 'Comprehensive Plan to End the Gaza Conflict' of September 29 that entails that "Gaza will be a deradicalised terror-free zone that does not pose a threat to its neighbours" and will be redevelope
India came out on "top" in the trade deal with the European Union and is going to have a heyday with this, US Trade Representative Jamieson Greer said in the first reaction from the Trump administration on the free trade agreement. Greer was responding to a question on the trade agreement, billed as the "mother of all deals", sealed between India and the EU on Tuesday. "I've looked at some of the details of the deal so far. I think India comes out on top on this, frankly. They get more market access into Europe," Greer said in an interview with Fox Business on Tuesday. "It sounds like they (India) have some additional immigration rights. I don't know for sure, but President (Ursula) von der Leyen of the EU has talked about mobility for Indian workers into Europe. So I think on net, India is going to have a heyday with this. They have low-cost labour," Greeer added. He said that it looks like the EU is doubling down on globalisation when the US is trying to "fix some of the problems