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New Delhi: India, US talks are happening at different levels covering both trade and non-trade issues, an official said. Commerce and Industry Minister Piyush Goyal is in the US for trade talks. He is accompanied by senior officials of the ministry, including special secretary and India's chief negotiator Rajesh Agrawal. "Talks are happening at different levels," the official said, adding the minister-led team is expected to return from the US later this week. Goyal has held discussions with ...Read More >
Mumbai, Sep 24 (PTI) The rupee recovered 2 paise from its all-time closing low to settle at 88.71 (provisional) against the US dollar on Wednesday, as steep tariffs and H-1B visa related issues kept the domestic unit under pressure. Forex traders said rupee is hovering near its all-time low level on sustained foreign fund outflows amid investors' risk-aversion and trade policy uncertainty. Moreover, enhanced US tariffs on Indian goods as well as trade policy uncertainty exacerbated the rupee's ...Read More >
New Delhi, Sep 23 (SocialNews.XYZ) India continued to pursue pragmatic solutions to the challenges posed by the current world trade order. New Delhi exhibited patience, resilience while resorting to appropriate and opportune diplomatic interventions. Monday's twin meetings in the United States underscore such attempts. In Washington, Commerce and Industries Minister Piyush Goyal's trade engagement focused on the resumption of trade talks. Meanwhile, in New York, the same day, External Affairs ...Read More >
Mumbai, Sep 16 (PTI) The rupee appreciated 8 paise to close at 88.08 (provisional) against the US dollar on Tuesday, tracking US-India talks on the proposed trade agreement to iron out issues in the wake of steep Trump Tariffs. Forex traders said the rupee strengthened on positive domestic markets and a weak greenback, which is trading at a two-month low ahead of the two-day FOMC meeting commencing Tuesday and disappointing US economic data. At the interbank foreign exchange, the rupee opened ...Read More >
New Delhi: Talks have started between India and the US on the proposed trade agreement to iron out issues in the wake of steep tariffs that have created uncertainties for Indian exporters. While Brendan Lynch, assistant US trade representative for South and Central Asia, is leading the American team, Rajesh Agrawal, special secretary in the Department of Commerce, is India's chief negotiator. Lynch arrived in India late Monday for the day-long talk with his Indian counterpart. This is the firs ...Read More >
NEW DELHI (Reuters) -India and the United States will hold trade talks in New Delhi on Tuesday, weeks after President Donald Trump imposed punitive tariffs on the South Asian nation's exports, slowing its overall shipments to a nine-month low in August. India and the United States will "fast-track" trade talks, Rajesh Agarwal, India's chief negotiator and a special secretary in its commerce ministry, told reporters at an event for the release of trade data, but gave no details. U.S. trade repr ...Read More >
New Delhi [India], September 16 (ANI): Any progress on the India-US trade deal front largely hinges on Washington rolling back the Russian oil-linked additional 25 per cent duty on India, and no breakthrough is likely without it, India-based trade-focused think tank Global Trade Research Initiative (GTRI) has argued as both countries started talks on Tuesday. "Negotiations will remain slow unless Washington signals genuine flexibility," the GTRI report argued. It believes that there is no quic ...Read More >
New Delhi: India-US talks on trade issues are to begin today in New Delhi between Brandon Lynch from the United States and Rajesh Agarwal from India. Brandon Lynch is the Assistant US Trade Representative for South and Central Asia. He reached the Ministry of Commerce & Industry at Vanijya Bhawan in Delhi on Tuesday morning. The talks come amid the tensions of tariffs between India and the United States. Rajesh Agarwal is the chief Indian negotiator in the talks about the India-US Bilateral Tra ...Read More >
New Delhi: Chief negotiators of India and the US have commenced talks on the proposed trade agreement to iron out issues in the wake of steep tariffs that have created uncertainties for exporters, an official said on Tuesday. Brendan Lynch, the Assistant US Trade Representative for South and Central Asia, is leading the American team, while Rajesh Agrawal, Special Secretary in the Department of Commerce, is India's chief negotiator.Lynch arrived in India late Monday for a day-long talk with his ...Read More >
New Delhi [India], September 16 (ANI): Assistant US Trade Representative for South and Central Asia Brendan Lynch on Tuesday arrived at the Ministry of Commerce and Industry at Vanijya Bhawan in the national capital. The Lynch-led US team is in India to resume discussions with India's chief negotiator and Special Secretary in the Department of Commerce, Rajesh Agrawal, and other Indian officials on the bilateral trade agreement. Also Read | UCL 2025-26: Mikel Arteta Urges Arsenal To Rewrite UE ...Read More >
New Delhi, Sep 16 (PTI) Chief negotiators of India and the US have commenced talks on the proposed trade agreement to iron out issues in the wake of steep tariffs that have created uncertainties for exporters, an official said on Tuesday. Brendan Lynch, the Assistant US Trade Representative for South and Central Asia, is leading the American team, while Rajesh Agrawal, Special Secretary in the Department of Commerce, is India's chief negotiator. Lynch arrived in India late Monday for a day-lon ...Read More >
New Delhi [India], September 16 (ANI): Assistant US Trade Representative for South and Central Asia Brendan Lynch on Tuesday arrived at the Ministry of Commerce and Industry at Vanijya Bhawan in the national capital. The Lynch-led US team is in India to resume discussions with India's chief negotiator and Special Secretary in the Department of Commerce, Rajesh Agrawal, and other Indian officials on the bilateral trade agreement. Earlier, the trade talks schedule to be held between August 25 to ...Read More >
India, US to hold trade talks today: Breakthrough expected in free trade agreement amid Trump's tariffs The meeting comes after Prime Minister Narendra Modi welcomed US President Donald Trump's remark, saying the two countries would continue to hold trade talks. So far, India and the US have held five rounds of bilateral trade agreement (BTA) negotiations. India and the United States will hold a day-long talk on the India-US bilateral trade deal in New Delhi on Tuesday, which was impacted afte ...Read More >
New Delhi: Brendan Lynch, Washington's point person for South and Central Asia, arrived in Delhi on Monday night for a single day of talks on Tuesday, the first in-person engagement since the United States doubled duties on Indian imports to as much as 50 percent late last month. The move was linked to India's continued purchases of Russian crude, with an extra 25 percent levy added on top of existing tariffs. India's chief trade negotiator Rajesh Agrawal said the interaction is not a formal s ...Read More >
India and the U.S. will hold in-person trade discussions in New Delhi on August 27, aiming to address tensions stemming from U.S. tariffs on Indian exports. India and the United States are preparing to resume in-person trade discussions in New Delhi on August 27, marking a cautious step forward after months of friction triggered by US tariffs on Indian exports. The high-level talks come after President Donald Trump's decision to impose steep 50% tariffs on Indian goods -- including a 25% penal ...Read More >
New Delhi: Days after US commerce secretary Howard Lutnick said Washington will sort out trade with India, a chief negotiator is arriving in New Delhi to continue talks for a bilateral trade agreement between the two countries. Assistant US trade representative for South and Central Asia Brendan Lynch will hold US-India trade talks with India's chief negotiator Rajesh Agrawal, who is the special secretary in the department of commerce, on Tuesday. This follows developments earlier this month, ...Read More >
New Delhi, Sep 15: Trump administration's chief negotiator Brendan Lynch is arriving here on Monday night to hold a day-long talk on India-US bilateral trade deal, which were impacted after imposition of 50 per cent import tariffs by the US on Indian goods. The meeting comes days after Prime Minister Narendra Modi warmly reacted to US President Donald Trump's positive assessment of trade ties between the two countries. Five rounds of negotiations for the India-US bilateral trade agreement (BTA ...Read More >
New Delhi: After a brief pause, trade talks between India and the United States are set to resume on September 16. The U.S. Chief Trade Negotiator, Brendan Lynch, along with his team, is scheduled to arrive in India tonight. Full-day discussions between the two nations are expected to take place on Tuesday, focusing on the proposed bilateral trade agreement. Secretary in the Ministry of Commerce, Sunil Barthwal, confirmed this development and stated that India is now open to pursuing Free Trade ...Read More >
New Delhi: India will resume trade discussions with the US on 16 September, with Washington's chief negotiator scheduled to arrive in New Delhi late Monday, commerce secretary Sunil Barthwal said. The talks for a bilateral trade agreement were to be held on 25 August but postponed as the US imposed an additional 25% levy on Indian goods from 27 August as a penalty for buying Russian oil. With the US's tariffs at 50%, India is among the most heavily penalised US trading partners. Barthwal said ...Read More >
New Delhi: Former US National Security Advisor John Bolton has strongly criticised the Trump administration's handling of India-US relations, calling Donald Trump's foreign policy "erratic" and "transactional". He also questioned the appointment of Sergio Gor as the next US Ambassador to India, saying he does not consider him "qualified" for the role. "I don't think he's qualified to be US Ambassador to India," Bolton told ANI, referring to Gor, a former Republican operative and close Trump all ...Read More >
NEW DELHI, Sept 12 (Reuters) - Trade talks between India and the European Union have entered a crucial phase and negotiators are working intensively to meet a year-end deadline for signing the free trade pact, a top European Union Official said on Tuesday. The EU is India's biggest trading partner in goods, with bilateral trade hitting $137.5 billion in the 2023/24 fiscal year, up nearly 90% over the past decade. "We are now maximising our efforts to finalise negotiations by the end of the yea ...Read More >
Prime Minister Narendra Modi and Italian Prime Minister Giorgia Meloni discussed the India-EU free trade agreement, with Modi thanking Meloni for her support. They also addressed the Ukraine conflict and the implementation of the India-Middle East-Europe Economic Corridor. Both leaders reaffirmed their commitment to strengthening the India-Italy Strategic Partnership. Prime Minister Narendra Modi on Wednesday discussed with his Italian counterpart Giorgia Meloni the proposed free trade agreemen ...Read More >
New Delhi, Sep 12 (PTI) India and the European Union (EU) are now maximising their efforts to finalise negotiations for a proposed free trade agreement by the end of this year, with both sides stressing their commitment to a comprehensive and balanced pact to benefit businesses and consumers. The official team of India and the EU are engaged in the 13th round (September 8-12) of negotiations for the agreement here. EU Trade Commissioner Maros Sefcovic and the European Commission's Agriculture ...Read More >
Mumbai, Sep 12 (PTI) The Indian rupee recovered from all-time lows and settled for the day higher by 9 paise at 88.26 against the US dollar on Friday, on weakness in the US dollar index and positive domestic markets. Forex traders said the domestic unit traded in a tight range and hovered around its all-time low level as tariff-led pressure on India's exports and sustained foreign fund outflows dented investors sentiments. At the interbank foreign exchange, the domestic unit opened at 88.39 an ...Read More >
Piyush Goyal urges industry to pass on GST reduction benefits to consumers, anticipating boosted demand, exports, and economic growth. GST reforms, effective September 22, are expected to lower input costs for MSMEs and exporters, reducing inflationary pressures. India is also diversifying export markets amid US tariffs, exploring opportunities with countries like UAE and Singapore. Commerce and industry minister Piyush Goyal said he has asked industry to pass on the benefits of lower goods and ...Read More >
WASHINGTON/NEW DELHI, Aug 27 (Reuters) - U.S. President Donald Trump's doubling of tariffs on imports from India to as much as 50% took effect as scheduled on Wednesday, delivering a serious blow to ties between two powerful democracies that had in recent decades become strategic partners. A punitive 25% tariff, imposed due to India's purchases of Russian oil, was added to Trump's prior 25% tariff on many imports from the South Asian nation. It takes total duties as high as 50% for goods as var ...Read More >
The reciprocal tariff does pose challenges, but the overlooked transshipment clause alters the competitive landscape, blunting some of the damage and might even create opportunities in some areas The ongoing trade conflict between the United States and India has escalated with Washington's decision to levy a 25 per cent reciprocal tariff on Indian exports effective August 7, followed by an additional 25 per cent tariff linked to India's purchases of Russian oil, effective August 27. The tariffs ...Read More >
Narendra Modi may speak at the UNGA in September. The 80th session starts on September 9. Donald Trump will address the session on September 23. Modi is scheduled to speak on September 26. Trade talks between India and the US continue. Trump imposed tariffs on India. India says the tariffs are unjustified. The UNGA session will address global conflicts. Prime Minister Narendra Modi is likely to address the annual high-level session of the United Nations General Assembly (UNGA) in September, acc ...Read More >
India's free trade agreement with the UK is poised to significantly boost textile exports, potentially increasing them by 30-45% by 2030. The agreement eliminates duties, providing a competitive edge over rivals like Bangladesh and China, especially for garments, home textiles, carpets, and handicrafts. India's free trade pact with the UK will help boost shipments of garments, home textiles, carpets and handicrafts, with textile exports projected to rise 30-45 per cent by 2030, a commerce minis ...Read More >
Hyderabad: The Greater Hyderabad Municipal Corporation's (GHMC) order to shut beef shops and slaughterhouses on the Independence Day (August 15) and Krishna Janmashtami (August 16) evoked mixed response from people in the city. While some felt that the beef shops should be closed on Krishna Janmashtami considering religious sentiments, they said the shops could be allowed to function on August 15. While there are no restrictions on chicken, fish, etc., beef shops were ordered to be closed. So ...Read More >
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