Page 9 - Us India Relations

Rupee slips past 91/$ to fresh low for 4th session; more downside?

Rupee at record low: The unit opened 4 paise lower on Tuesday at 90.77 against the greenback, but fell 35 paise during the session to a new low of 91.08, according to Bloomberg

Indian Ambassador Kwatra discusses AI, defence, trade with US lawmakers

India's Ambassador to the US Vinay Mohan Kwatra has held meetings with senior Democratic lawmakers, discussing cooperation in emerging technologies, defence, and trade as part of efforts to further strengthen bilateral ties. In a social media post on Saturday, Kwatra said he held an engaging conversation with Congressman Ted Lieu, Vice Chair of the House Democrats Caucus, during which they discussed shared priorities on emerging developments in artificial intelligence, defence and security cooperation, trade and investment, and people-to-people exchanges. The envoy said he looked forward to continued collaboration on issues of mutual interest. In another meeting on Friday, Kwatra met Congresswoman Yvette Clarke, Chair of the House Black Caucus, and described her as a "steadfast supporter of strong IndiaUS relations". He said the discussions with Clarke focused on advancing IndiaUS collaboration in the AI space, including data privacy and data security.

How the CIA left a nuclear device buried in Himalayas for decades?

A plutonium-packed generator disappeared on one of the world's highest mountains in a hush-hush mission the US still won't talk about

Congress takes swipe at PM as India left out of US-led 'Pax Silica' group

The Congress on Saturday said it is perhaps not very surprising that India is not part of a US-led strategic initiative to build a secure silicon supply chain, given the "sharp downturn" in the Trump-Modi ties, and asserted that it would have been to "our advantage if we had been part of this group". Congress general secretary in charge of communications Jairam Ramesh took a swipe at Prime Minister Narendra Modi, saying the news of India not being part of the group comes after the PM had enthusiastically posted on social media about a telephone call with his "once-upon-a-time good friend and a recipient of many hugs in Ahmedabad, Houston, and Washington DC". In a lengthy post on X, Ramesh said, "According to some news reports, the US has excluded India from a nine-nation initiative it has launched to reduce Chinese control on high-tech supply chains. The agreement is called Pax Silica, clearly as a counter to Pax Sinica. The nations included (for the moment at least) are the US, ...

India-US trade talks: DPDP Act, Information Technology rules dominate

Washington considers specific provisions in the DPDP rules and IT Rules non-tariff barriers for its companies

Rupee hits new low of 90.56/$ on trade deal impasse; near-term pain seen

So far this month, the Rupee has fallen 1.15 per cent, while in the calendar year 2025, the unit is down 5.7 per cent, the worst among its Asian peers

No hard stop set in India-US trade discussions, says Piyush Goyal

Piyush Goyal says India and US are negotiating a trade deal without fixed deadlines, stressing steady progress and mutual benefit as both sides work to resolve pending issues

PM Modi, Trump hold talks over phone, discuss ways to enhance trade

PM Modi and Trump held their first call since October, reviewing bilateral progress in trade, defence and technology, and reaffirming their commitment to a stronger strategic partnership

Donald Trump risks being 'president who lost India', warns US lawmaker

Sydney Kamlager-Dove issued the warning during a congressional hearing on the US-India Strategic Partnership, citing rising tensions over tariffs, visa fee hikes, and Trump's political grievances

Emkay sees extreme near-term volatility; says India-US trade deal key

The equity market is finally feeling the pinch, as both global funds and local investors head for the door, Emkay Global said in a report.

Trade deal with India would enhance bilateral ties: US representative

A new trade deal between India and the US under President Donald Trump and Prime Minister Narendra Modi would further enhance the bilateral relationship, a top US official has said, underlining that Washington's partnership with New Delhi is critical. These remarks were made by House Foreign Affairs South and Central Asia Subcommittee Chairman Bill Huizenga on Wednesday at a subcommittee hearing titled 'The US India Strategic Partnership: Securing a Free and Open Indo-Pacific'. "The US-India relationship is no longer just important. It is a defining relationship of the 21st century. If America wants a free Indo-Pacific, resilient supply chains and a world where democracy, not authoritarianism, sets the rules, then our partnership with India is critical, Huizenga said in his opening remarks. The hearing heard from witnesses, Director of Asian Studies Centre, Heritage Foundation, Jeff Smith, Executive Director of the Observer Research Foundation America, Dhruva Jaishankar and External

India-US trade deal likely by March 2026, FY27 outlook strong: CEA

Chief Economic Advisor V Anantha Nageswaran's comments come amid a series of exchanges between the two sides to reduce trade barriers

Tariff, immigration hurdles hurting Indo-US economic ties: US lawmaker

Trump warned of possible new tariffs on India's rice exports, accusing New Delhi of "dumping" cheap rice into the American market and harming US farmers

India one of the fastest-growing major economies, says US Representative

US Representative Bill Huizenga also stressed the wider strategic stakes of cooperation between Washington and New Delhi, noting the importance of their combined economic and geopolitical influence

US trade team may press India on greater market access in agri products

The delegation headed by the Deputy US Trade Representative (USTR) Rick Switzer which is visiting India from 9 to 12 December has trade officials with expertise in agriculture among others

India-US trade talks progressing, US team in Delhi for negotiations: Goyal

Commerce and Industry Minister Piyush Goyal on Wednesday said talks with the US on the proposed bilateral trade agreement are progressing. He said that the US team is in New Delhi for the negotiations. "Talks are continuously progressing with them. We are moving forward towards a bilateral trade agreement," Goyal told reporters here at the Pravasi Rajasthani Divas. He indicated that he may meet the visiting US official team. A delegation led by Deputy US Trade Representative (USTR) Rick Switzer is in the national capital for two-day trade talks with his Indian counterpart Rajesh Agrawal. The US' chief negotiator for the pact, Assistant US Trade Representative for South and Central Asia Brendan Lynch, will hold discussions with India's chief negotiator and Joint Secretary in the Department of Commerce, Darpan Jain. The visit is crucial as India and the US are working to finalise the first tranche of the pact. This is the US officials' second trip since the imposition of a 25 per ce

US, India hold high-level talks to reset ties as trade deal remains elusive

Officials in New Delhi pointed out that both sides continue to engage at an institutional level, including holding annual military exercises in Alaska in September

Trump hints at additional tariffs on Indian rice as trade talks drag

Donald Trump said that American farmers have flagged their concerns about the falling rice prices, blaming rice imports from countries like India, Thailand, and Vietnam

US, India to hold bilateral trade talks on December 10-11 in Delhi

A delegation led by Deputy US Trade Representative (USTR) Rick Switzer will meet his Indian counterpart Rajesh Agarwal on the proposed bilateral trade agreement here this week, official sources said. The USA's chief negotiator for the pact, Assistant US Trade Representative for South and Central Asia Brendan Lynch, will hold discussions with India's chief negotiator and Joint Secretary in the Department of Commerce Darpan Jain. "A delegation from the office of the US Trade Representative, led by Deputy US Trade Representative Ambassador Rick Switzer, will be visiting India from December 9-11, 2025. Talks on 10th and 11th will happen on all trade-related issues," they said. The visit is crucial as India and the US are working to finalise the first tranche of the pact. This visit of the US officials marks their second trip since the imposition of a 25 per cent tariff and an additional 25 per cent penalty on Indian goods entering the American market due to the purchase of Russian crud

US defence bill pushes deeper engagement with India, including via Quad

The annual defence policy bill of the US has highlighted broadening America's engagement with India, including through the Quad, to advance the shared objective of a free and open Indo-Pacific region and address the challenge posed by China. The National Defence Authorisation Act for Fiscal Year 2026, released by Congressional leaders Sunday, outlines the sense of Congress on Defence Alliances and Partnerships in the Indo-Pacific region'. It states that the Secretary of Defence should continue efforts that strengthen US defence alliances and partnerships in the Indo-Pacific region to further the "comparative advantage of the US in strategic competition" with China. Among other things, these efforts comprise "broadening US engagement with India, including through the Quadrilateral Security Dialogue to advance the shared objective of a free and open Indo-Pacific region through bilateral and multilateral engagements and participation in military exercises, expanded defence trade, and .