Page 7 - Us India Relations

First tranche of US-India bilateral trade agreement 'near closure'

India says the first tranche of the Indo-US trade deal is close to finalisation, with talks focused on easing reciprocal tariffs and boosting bilateral trade amid shifting export trends

India's oil PSUs ink landmark US LPG deal covering 10% of 2026 imports

India has signed its first structured deal to buy 2.2 million tonnes of LPG from the US in 2026, a move the government says will boost supply security

Take Trump at his word, and finalise a trade deal before tariffs hurt

A trade deal with the US is both possible and essential - and so is one with Europe

Reserve Bank of India announces relief for exporters amid trade worries

The RBI has extended export credit timelines, eased repayment norms and allowed flexibility in realising proceeds to help exporters cope with disruptions triggered by US tariff action

US sanctions 32 entities, individuals from several nations including India

The US on Wednesday announced sanctions against 32 entities and individuals from several countries, including India and China for links to Iran's ballistic missile programme. The US state department said the action is in line with President Donald Trump's efforts to counter Iran's aggressive development of missiles and other asymmetric and conventional weapons. The US is today sanctioning 32 entities and individuals based in Iran, China, Hong Kong, the United Arab Emirates, Turkiye, India, and other jurisdictions that operate multiple procurement networks supporting Iran's ballistic missile and unmanned aerial vehicle (UAV) production, it said. It said the action supports the reimposition of UN sanctions and restrictive measures on Iran in September response to the country's "significant non-performance" of its nuclear commitments. US Under Secretary of the Treasury (terrorism and financial intelligence) John K Hurley said Iran exploits financial systems across the globe to launder

Sensex, Nifty gain for third day as trade deal, Fed hopes lift mood

Indian markets rallied for a third session on optimism over a potential US-India trade deal and expectations of a Federal Reserve rate cut, with tech stocks leading the gains

No trade deal at cost of farmers, workers' welfare, says Piyush Goyal

India will not agree to any trade deal that harms farmers, dairy or workers, Piyush Goyal said, adding that new fish export markets like Russia are being explored

Stock market highlights: Sensex ends 336pts up in volatile session; Nifty at 25,695; IT shares shine

Stock Market Close Highlights, Nov 11: BSE Sensex recovered 747.29 points from day's low of 83,124.03, to end at 83,871.32 levels, up 335.97 points or 0.40 per cent.

India cuts Russian crude oil buys for December amid Trump tariffs

India's reduced Russian oil orders come after the US raised tariffs on Indian imports to 50% and imposed sanctions on Russian oil giants Rosneft and Lukoil

India to be 3rd-largest economy by 2028; equities remain pricey: UBS

From a stock market perspective, however, UBS remains underweight on Indian equities as valuations in their view still look expensive relative to the ordinary fundamental performance of companies.

Trump says US close to finalising India trade deal, hints at tariff cuts

US President made the comments while administering oath of office to Sergio Gor as the new US Ambassador to India, and indicated progress in ongoing trade talks, suggesting tariff cuts could follow

Centre monitoring US Supreme Court case against Donald Trump tariffs

Indian officials and experts are monitoring the US Supreme Court case challenging Donald Trump's tariff powers, assessing how the verdict may affect the proposed India-US trade agreement

Don't bet on the court: Tough US trade policy shifts are here to stay

Trump has used the decades-old emergency authorisation to effectively overturn America's longstanding trade policy

US President Donald Trump hints at possible India visit next year

Will let you know when there is something to share on this, says MEA

US Prez Trump likely to visit India next year, calls PM Modi a 'great man'

Trump's remarks come at a time when New Delhi and Washington have been trying to secure a trade deal after bilateral ties soured over Trump's 50 per cent tariffs on India

India, US working to resolve sensitivities in trade pact talks, says Goyal

Commerce and Industry Minister Piyush Goyal on Wednesday said India and the US are holding continuous discussions for the proposed bilateral trade agreement. "Talks are going well...and are continuously going on. ..kaee samvedanasheel mudde hai, kaee gambheer mudde hai, toh svaabhaavik hai ki thoda samay lagega (There are many sensitive issues, many serious issues, so it is natural that it will take some time)," he told reporters here. He was replying to a question about the progress on India-US negotiations on the pact. Goyal is here on a four-day official visit. He is leading a business delegation. Five rounds of talks have been completed so far for the first phase of the bilateral trade agreement between the US and India. A team of Indian officials, headed by Commerce Secretary Rajesh Agrawal, was in Washington last month to hold trade talks with their US counterparts. The three-day talks ended on October 17. In February this year, leaders of India and the US directed official

Trump feels very positive about future of India-US ties: White House

US President Donald Trump feels "very positive and strongly" about the future of India-US relationship, White House Press Secretary Karoline Leavitt has said. I think he feels very positive and strongly about it. As you know, he recently, a few weeks back, spoke to Prime Minister (Narendra Modi) directly when he celebrated Diwali in the Oval Office with many high-ranking Indian-American officials at the White House, Leavitt said on Tuesday during a press briefing in response to a question about the future of India-US ties. She also said that in Sergio Gor, the US has a great Ambassador to India who will represent Washington very well. The president and his trade team continue to be in very serious discussions with India with respect to that topic. So I know the president has great respect for Prime Minister Modi, and they speak pretty frequently, she said. Last month, Trump hosted a Diwali celebration in the Oval Office that was attended by Indian Ambassador to the US Vinay Kwatra

India, US hold key defence talks in Hawaii to boost military ties

Earlier this week, Defence Minister Rajnath Singh and US Secretary of War Pete Hegseth met in Kuala Lumpur, where both countries formalised a ten-year Defence Framework Agreement

Trump, Modi speak frequently as trade talks continue, says White House

Trump said last week in South Korea that he wanted to reach a trade deal with India, signalling a thaw in relations that soured to their lowest point in decades

Stock Market Highlights: D-St at 2-wk low; Nifty below 25,600; Sensex down 519 pts; Metal, IT drag

Sensex today | Stock market highlights, November 4: Nifty Midcap 100 index closed 0.42 per cent lower, while Nifty SmallCap 100 index settled 0.82 per cent lower