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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: As US Assistant Trade Representative Brendan Lynch arrives in New Delhi for the crucial trade talks today (Sept 16), President Donald Trump's Senior Trade Advisor Peter Navarro, who in recent days has repeatedly made comments critical of India, made a real gaffe on live TV as he got the sequence of social media communication between Prime Minister Narendra Modi and Trump mixed up. Stating that India was "coming to the table" to negotiate a trade deal, Navarro said it was PM Modi who ...Read More >
Kolkata, Sep 16 (PTI) Economist and former CPI(M) leader Prasenjit Bose joined the Congress during a programme in the metropolis, and asserted that he would support the party in its fight to "save the Constitution". Bose (51) became a part of the Congress at a formal joining ceremony here on Monday in the presence of party leaders Ghulam Ahmad Mir, Syed Naseer Hussain and Kanhaiya Kumar, besides state unit president Subhankar Sarkar. "We have to protect the Constitution, establish a government ...Read More >
(RTTNews) - Indian shares look set to open on a flat note on Tuesday despite mostly positive cues from global markets. Tariff worries may keep investors on edge after Peter Navarro, Donald Trump's trade adviser, on Monday stepped up his attack on India for its trade policies and oil purchases from Russia. Benchmark indexes Sensex and Nifty ended down around 0.2 percent each on Monday due to profit taking after recent gains. While the Sensex snapped a five-day winning streak, the Nifty index s ...Read More >
New Delhi: US President Donald Trump has demanded that NATO and EU member states impose tariffs of up to 100 percent on China and India. The goal, he said, is to pressure Russian President Vladimir Putin to end the war in Ukraine. Trump, who pledged to resolve the conflict "on day one" of his presidency, raised the proposal during a meeting with European Union officials last Tuesday. The measure is seen as a way to accelerate negotiations between Moscow and Kyiv. The Financial Times first repo ...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 >
MUMBAI: India and the United States are set to hold trade discussions in the capital New Delhi on Tuesday (Sep 16), officials and Indian media reports said, as the two countries seek to resolve a tariff row. The world's most populous country currently faces steep US tariffs on most of its exports and has so far failed to clinch a trade deal that will ease this burden. US President Donald Trump's decision to bump up tariffs on India to 50 per cent last month in retaliation for New Delhi's conti ...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 >
The US president's remarks come as he pressures EU leaders to join him in punishing India and China for buying Russian oil US President Donald Trump said he intends to speak to Indian Prime Minister Narendra Modi "in the coming weeks" and expressed optimism that the two leaders would be able to reach an agreement to resolve a blistering trade fight. "I am pleased to announce that India, and the United States of America, are continuing negotiations to address the Trade Barriers between our two ...Read More >
New Delhi, Sep 12 (SocialNews.XYZ) Former G20 Sherpa Amitabh Kant expressed confidence that trade ties between India and the United States will soon return to normalcy, as negotiations between the two countries have resumed following recent tariff disputes Talks have begun and everything will be sorted out quickly. I am sure India and USA's relationship in the trade sector will be very good," Kant told IANS. Tensions had flared after US President Donald Trump announced the imposition of 50 per ...Read More >
New Delhi: Industry leaders welcomed the recently announced GST reforms, which reduce the number of tax slabs, stating that it will make tax compliance easier while also directly benefiting consumers through lower prices. Jharkhand Chamber of Commerce Joint Secretary Navjot Alang Rubal said that the reduction of the number of slabs from four to two under the new GST structure is a highly positive step. According to Rubal, this reform will greatly benefit the middle and lower-income groups as t ...Read More >
NEW DELHI, Sept 5 (Reuters) - India will continue to buy Russian oil as it proves economical, its finance minister said on Friday, despite the Trump administration's decision to impose heavy import tariffs on Indian goods due, in part, to its energy purchases from Moscow. As Europe and the U.S. have shunned Russian oil over Moscow's 2022 invasion of Ukraine, India has taken advantage of discounts on Russian output to become the largest buyer of Russian seaborne crude. New Delhi has said its pu ...Read More >
By Hritam Mukherjee and Nidhi Verma NEW DELHI (Reuters) -India will continue to buy Russian oil as it proves economical, its finance minister said on Friday, despite the Trump administration's decision to impose heavy import tariffs on Indian goods due, in part, to its energy purchases from Moscow. As Europe and the U.S. have shunned Russian oil over Moscow's 2022 invasion of Ukraine, India has taken advantage of discounts on Russian output to become the largest buyer of Russian seaborne crude ...Read More >
WASHINGTON, Sept 1 (Reuters) - U.S. President Donald Trump said on Monday that India has offered to reduce its tariffs on U.S. goods to zero, even as Indian Prime Minister Narendra Modi was making public shows of solidarity with Chinese and Russian leaders in the face of trade pressure from Washington. While calling the U.S. relationship with India "one sided," Trump wrote on his Truth Social platform: "They have now offered to cut their Tariffs to nothing, but it's getting late. They should ha ...Read More >
WASHINGTON (Reuters) -U.S. President Donald Trump said on Monday that India has offered to reduce its tariffs on U.S. goods to zero, even as Indian Prime Minister Narendra Modi was making public shows of solidarity with Chinese and Russian leaders in the face of trade pressure from Washington. While calling the U.S. relationship with India "one sided," Trump wrote on his Truth Social platform: "They have now offered to cut their Tariffs to nothing, but it's getting late. They should have done s ...Read More >
WASHINGTON, Aug 22 (Reuters) - President Donald Trump said on Friday he would nominate Sergio Gor, one of his closest aides, to be the next U.S. ambassador to India, where he will oversee frosty relations that have worsened with the planned doubling of U.S. tariffs on India next week. Gor, who is currently the director of the White House Presidential Personnel Office, would also serve as a special envoy for South and Central Asian affairs. Trump said in a post on his Truth Social account that ...Read More >
Thane, Aug 14 (PTI) A fire broke out at a cafe located in a multi-storey residential building in Maharashtra's Thane city early Thursday morning, following which 35 persons were evacuated from the structure, officials said. No casualty has been reported as of now, Thane Municipal Corporation's disaster management cell chief Yasin Tadvi said. The blaze erupted in the Parsik Cafe located on the ground floor of the six-storey building at Kharegaon in Kalwa (West), he said. The disaster managemen ...Read More >
New Delhi: US President Donald Trump has criticised Goldman Sachs CEO David Solomon, saying the bank made a 'bad prediction' regarding the impact of his tariff policies on US consumers. Trump posted on his social media platform Truth Social that "David Solomon and Goldman Sachs refuse to give credit where credit is due." "They made a bad prediction a long time ago on both the market repercussions and the tariffs themselves, and they were wrong, just like they are wrong about so much else," he ...Read More >
Trump did not specify what the new tariff would be, but it comes just days after he unveiled a hefty 25% levy on India. In a statement, a spokesman for India's foreign ministry, Randhir Jaiswal, said the US had encouraged India to import Russian gas at the start of the conflict, "for strengthening global energy markets stability". He said India "began importing from Russia because traditional supplies were diverted to Europe after the outbreak of the conflict". India also criticised the US - ...Read More >
India's top oil refiner, Indian Oil Corporation (IOC), has purchased 7 million barrels of crude oil from the US, Canada and West Asia to be delivered in September, news agency Reuters reported. This big purchase comes as Indian refiners slow down buying Russian oil due to smaller discounts. What IOC bought from three regions *4.5 million barrels of US crude *500,000 barrels of Canada's Western Canadian Select (WCS) *2 million barrels of Das crude from Abu Dhabi These purchases came through ...Read More >
Indian negotiators had not expected to conclude a meaningful deal in time to meet Mr. Trump's revised deadline of Aug. 1. But they did expect to be treated as well as their neighbors, and to keep haggling with American officials until October or November, when Mr. Trump was invited to visit India as part of the Quad defense group, which brings together four big democracies -- India, the United States, Japan and Australia -- with a shared interest in standing up to China. Instead, they were fed ...Read More >
India's Crude Oil Imports From U.S. Jump 51% Since Donald Trump's Return To White House India has sharply increased crude oil imports from the US during President Donald Trump's second term, marking a major energy policy shift. In the first half of 2025, US crude imports rose over 50% year-on-year, reaching 0.271 million barrels per day. The April-June quarter saw a 114% surge, with the value rising from $1.73 billion to $3.7 billion. In July, imports rose 23% over June, increasing the US share ...Read More >
Barclays estimates that the new 25% US tariffs, along with penalties on Russian imports, could reduce India's GDP growth by 30 basis points this fiscal year. Despite the higher duties, India's domestic demand-driven economy is unlikely to be significantly affected. New Delhi, The 25 per cent US tariffs, plus a penalty for Russian imports, could dent India's GDP growth by 30 basis points in the current fiscal, but the higher duty is unlikely to significantly affect India's domestic demand-driven ...Read More >
MEA spokesperson Randhir Jaiswal suggested that the ongoing trade hurdles with US will not impact New Delhi's security partnership with Washington. The ministry of external affairs on Friday said that India-US ties have withstood many challenges over the years and expressed confidence that the bilateral relationship remains on a positive trajectory, just two days after Donald Trump announced 25% tariffs on Indian goods. In a weekly media briefing, MEA spokesperson Randhir Jaiswal suggested tha ...Read More >
Investing.com -- Trade negotiations between the United States and India have stalled as both countries remain unwilling to compromise on opening India's agriculture and dairy markets to American products, according to South China Morning Post, citing two sources familiar with the matter. Indian negotiators have canceled a planned mid-August visit to Washington that was intended as a follow-up to meetings held about two weeks ago. The cancellation came after US President Donald Trump announced o ...Read More >
The Congress party has criticized Donald Trump's actions of undermining international organizations like the WTO and WHO, emphasizing India's significant stake in these institutions. Jairam Ramesh stated that the US's unilateral approach to trade and withdrawal from key agreements pose a threat. India faces new tariffs of 25% on exports to the US, prompting a review of its implications. The Congress on Friday asserted that India has the highest stakes in institutions such as the WTO and WHO whi ...Read More >
Back in April, Trump had announced tariffs of up to 27% on Indian goods, which was later paused. Since then, both sides have been racing to negotiate an agreement, with officials sometimes sounding positive and at other times, measured. "We continue to speak with our Indian counterparts. We've always had very constructive discussions with them," US Trade Representative Jamieson Greer said earlier this week. He also acknowledged that although he had earlier said a deal with India might be "imm ...Read More >
New Delhi: Amid rising tensions with Russia, US President Donald Trump has ordered deployment of two nuclear submarines near Russia. He has also threatened it to face serious consequences. However, he did not say where the submarines will be deployed. Trump informed about this decision on the social media site Truth Social. He blamed the provocative rhetoric of former Russian President Dmitry Medvedev for his decision. During his visit to Scotland on July 28, Trump had announced that Russia ha ...Read More >
New Delhi [India], August 1 (ANI): The Ministry of External Affairs (MEA) on Friday responded to the US announcement of sanctions on Indian companies involved in trading with Iran. MEA spokesperson Randhir Jaiswal during weekly media briefing stated that India has taken note of the sanctions and is currently reviewing the situation. Jaiswal stated, 'We have taken note of the sanctions, we are looking into it.' The US has imposed sanctions on 20 entities involved in Iranian petroleum, petroleu ...Read More >
Srinagar, July 6: Lieutenant Governor Manoj Sinha today attended the 125th birth anniversary celebration of Dr Syama Prasad Mookerjee, at Tagore Hall, here. Paying rich tribute to Mookerjee on his birth anniversary, Sinha recalled his immense contributions as one of the key architects of modern India. "Dr Mookerjee was a visionary statesman, educationist and fearless Parliamentarian whose ideals continue to shape the destiny of India. His profound knowledge, and resolute commitment to social c ...Read More >
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