Page 25 - Us India Relations

Aug 1 is hard tariff deadline, but US open to talks: Commerce Secy Lutnick

India-US trade talks continue with agriculture remaining a major sticking point for both nations as they try to reach an interim deal before the August 1 deadline

FPIs pull out Rs 5,524 cr in July on US-India trade jitters, mixed earnings

After three months of fund infusion, foreign investors turned net sellers with withdrawal of Rs 5,524 crore so far in July, due to ongoing trade tensions between the US and India and mixed corporate results. With this, the total outflow has reached Rs 83,245 crore so far in 2025, data with the depositories showed. Looking ahead, the trajectory of FPI flows will hinge on developments in the US-India trade negotiations and corporate earnings, Himanshu Srivastava, Associate Director - Manager Research, Morningstar Investment Research India, said. A resolution of the trade disputes and earnings recovery could potentially restore investor confidence and attract FPIs back to Indian markets, he added. Going by the depositories data, Foreign Portfolio Investors (FPIs) withdrew a net sum of Rs 5,524 crore from equities this month (till July 18). This came following a net investment of Rs 14,590 crore in June, Rs 19,860 crore in May and Rs 4,223 crore in April. Prior to this, FPIs had pull

India, US conclude fifth round of talks on proposed trade pact: Official

India and the US teams have concluded the fifth round of talks for the proposed bilateral trade agreement (BTA) in Washington on July 17, an official said. The negotiations were held for four days (July 14-17) in Washington. "The Indian team is coming back," the official said. India's chief negotiator and special secretary in the department of commerce Rajesh Agrawal leads the team for negotiations. These deliberations are important as both sides are looking at finalising an interim trade deal before August 1, which marks the end of the suspension period of the Trump tariffs imposed on dozens of countries including India (26 per cent). On April 2 this year, US President Donald Trump announced these high reciprocal tariffs. The implementation of high tariff was immediately suspended for 90 days till July 9 and later till August 1 as America is negotiating trade deals with a number of countries. Issues related to agriculture and automobiles are learnt to have figured during the fif

US designation of The Resistance Front 'timely and important' step: MEA

India on Friday welcomed the US designating The Resistance Front (TRF), a proxy of the Pakistan-based Lashkar-e-Taiba, a global terrorist outfit over the Pahalgam attack with External Affairs Minister S Jaishankar describing it as a "strong affirmation" of India-US counter-terror cooperation. New Delhi said the designation of TRF is a "timely and important" step and asserted that it has consistently emphasised the need for global cooperation in the fight against terrorism. India's reaction came hours after the US State Department announced adding the TRF as a "designated Foreign Terrorist Organization (FTO) and Specially Designated Global Terrorist (SDGT)" and cited its claim taking responsibility for the April 22 Pahalgam attack that killed 26 civilians. The Ministry of External Affairs (MEA) said India remains committed to a "policy of zero tolerance" towards terrorism and will continue to work closely with its international partners to ensure that terrorist organisations and thei

US rejects India's WTO claim on auto tariffs, cites security grounds

US says Trump auto tariffs were imposed on national security grounds and cannot be challenged as safeguard measures under the World Trade Organisation rules

India likely to settle for 10-15% tariff in interim trade deal with US

This may put New Delhi in a more favourable position than Indonesia, Vietnam

Energy needs our priority, no double standards please: India to Nato

MEA says securing India's energy needs is a top priority and cautions against double standards amid NATO threat of secondary sanctions over Russian oil imports

Committing assault, theft in US may lead to visa revocation: US embassy

Committing assault, theft or burglary in the United States won't just cause legal issues but could also lead to a visa being revoked and make that person "ineligible" for future US visas, the country's embassy in India has said. The stern warning comes in the backdrop of a viral video purportedly showing an Indian woman being held by police authorities after she allegedly tried to shoplift several items at a high-end store in the US. However, the veracity of the video, widely shared on various social media platforms, could not be independently verified. In a brief statement on Wednesday, the embassy also said America values law and order and expects foreign visitors to follow all US laws. The statement was shared on the X handle of the embassy. "Committing assault, theft, or burglary in the United States won't just cause you legal issues - it could lead to your visa being revoked and make you ineligible for future U.S. visas. The United States values law and order and expects fore

Trump likely to impose 10-15% tariff rates for more than 150 countries

In an interview with Real America's Voice on Wednesday, Trump said that his administration has not yet decided on the rate yet, adding that it would probably be 10 or 15 per cent

Donald Trump signals over 10% tariffs in India-US trade deal framework

On Tuesday, Trump said the bilateral trade pact with Indonesia would result in tariff- and non-tariff-barrier-free access for US goods to the Indonesian market

US will have Indonesia-type trade deal with India: Donald Trump

US President Donald Trump has said that the proposed trade deal with India would be on the lines of what America has finalised with Indonesia on Tuesday. Under the US-Indonesia trade pact, the Southeast Asian nation will provide complete access to its market to US products, while Indonesian goods would attract a 19 per cent duty in America. In addition, Indonesia has committed to purchasing USD 15 billion in US energy, USD 4.5 billion in American Agricultural Products, and 50 Boeing jets. Later, while talking to reporters, Trump said: "India is basically working along that same line. We are going to have access into India. You have to understand, we had no access to any of these countries. Our people couldn't go in, and now we are getting access because of what we are doing with the tariffs The Indian team is in Washington for the fifth round of negotiations for the proposed bilateral trade agreement (BTA). Commenting on Trump's remarks, economic think tank GTRI said if India were

We will have access to India, says Trump after striking Indonesia deal

Trump announces full US market access and reduced tariff for Indonesia and says India is working along the same line in securing a trade deal

Importers delay clearances for US dry fruits to avoid high import duties

Indian dry fruit importers are expecting a cut of nearly 50 per cent in import duties on US-origin shipments and are delaying customs clearances to avoid losses if duties are reduced after clearance

India eyes tariff advantage in key US sectors over China, Canada, Mexico

Indian exporters are poised to strengthen their presence in the US market as rivals like China, Mexico, and Canada face higher tariffs ranging up to 50%, as against India's 10%, says NITI Aayog report

Heavy reliance on US forces govt to put up with Donald Trump's tantrums

Different countries have reacted differently to Trump's tantrums, but the global markets have remained reasonably steady, although nobody is sure of what he will do next

Q1 earnings, US-India trade talks likely to drive markets this week

In an event-heavy week, stock investors will track quarterly earnings of several bluechip firms, the likely outcome of ongoing India-US trade talks, and inflation data for market cues, analysts said on Sunday. Moreover, global market trends and trading activity of foreign investors would also guide movement in equities, they said. "While global cues will continue to dictate trends in domestic equities, investors' focus will be on the likely outcome of India's ongoing trade negotiations with the US. Overall sentiments continue in a dilemma as the wait for a trade deal with the US continues. Traders are not confident about taking any major positive bets in this uncertain environment. "In contrast, first-quarter corporate earnings will be keenly watched over the next few weeks...," SimranJeet Singh Bhatia, Senior Equity Research Analyst at financial services provider Almondz Global, said. Markets drifted lower during the last week and lost over a per cent, primarily pressured by the .

US-India trade deal may cap tariffs below 20% as both sides continue talks

India may avoid steep US tariff demand letters as both nations work on interim trade deal; proposed pact could set base rate below 20 per cent with room for further negotiations

US flags India's dairy import rules at WTO, calls them 'trade barriers'

The US told the WTO that India's updated dairy certificate remains trade-restrictive and unscientific, raising concerns as both sides negotiate a broader bilateral trade agreement

India clears air of uncertainty, signals trade deal talks with US still on

Negotiators to head to Washington again to seal a pact before August 1

Govt quells fears of US tariff threat on Russian crude oil import

Points to deepening India-US trade; diversified crude flows in as counterbalance