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New Delhi, Jul 14 (PTI) The negotiations between India and the US for a proposed trade agreement are going at a fast pace, Commerce and Industry Minister Piyush Goyal said on Monday. The Indian team has reached Washington for the next round of talks on the first tranche of the bilateral trade agreement. "Negotiations are going on at a very fast pace and in the spirit of mutual cooperation so that we can come out with a win-win trade complementing agreement with the United States," Goyal told r ...Read More >
New Delhi: The Biden administration has decided to defer the implementation of country-specific tariffs, initially scheduled for July 9, to August 1, following heightened trade negotiations with several partner nations, including India. US Commerce Secretary Howard Lutnik confirmed the decision, stating that President Trump is currently finalising both tariff rates and bilateral agreements. President Trump announced plans to notify countries of impending tariff hikes via notification letters s ...Read More >
NEW DELHI: US President Donald Trump's country-specific tariffs are now scheduled to take effect from August 1, offering a temporary reprieve as trade talks intensified with several countries, including India. Earlier, the US tariffs were set to take effect from July 9. Commerce Secretary Howard Lutnick announced the tariff reprieve on Sunday (US time) while speaking to the media. He noted that President Trump was "setting the rates and the deals right now". Trump told reporters that "I think ...Read More >
India US Trade Deal Latest News Today (July 7): While there is no clarity on what's next for India-US trade deal US Commerce Secretary Howard Lutnick has announced that President Donald Trump's country-specific tariffs are now scheduled to take effect on August 1, offering a temporary reprieve to Us trading partners ahead of the earlier July 9 deadline. "I think we'll have most countries wrapped up by July 9, either through letters or finalised agreements," Trump told reporters on Sunday before ...Read More >
New York/New Delhi, July 1 (UNI) India is hopeful of concluding a trade deal with the US very soon, External Affairs Minister S Jaishankar has said."We are in the middle, hopefully more than the middle, of a very intricate trade negotiation. Obviously, my hope would be that we bring it to a successful conclusion, I cannot guarantee, because there's another party to that discussion, but no question," Jaishankar said in an Exclusive Fireside Chat with Dev Pragad, Newsweek CEO. "I believe it's pos ...Read More >
India a Strategic Ally, Major US Trade Deal Soon: White HouseSource : X/@PressSec The White House on Monday underscored India's growing importance as a strategic partner in the Indo-Pacific, reaffirming the close personal rapport between U.S. President Donald Trump and Indian Prime Minister Narendra Modi. The remarks come amid heightened global attention on regional alliances and escalating tensions with China. Speaking at a press briefing, White House Press Secretary Karoline Leavitt describe ...Read More >
New Delhi [India], May 1 : On the occasion of the first anniversary of the implementation of the India-UAE ... New Delhi [India], May 1 : On the occasion of the first anniversary of the implementation of the India-UAE Comprehensive Economic Partnership Agreement (CEPA) on Monday, Commerce Secretary Sunil Barthwal congratulated the people of India and the UAE on the milestone. He talked about CEPA's role as a growth engine for India-UAE bilateral trade over the past 11 months. CEPA is a full an ...Read More >
New Delhi [India], June 27 (ANI): As United States President Donald Trump announced that a 'very big deal' is set to be finalised soon with India, Congress leader Jairam Ramesh took a jibe at the centre on Friday, saying that he hopes the deal will be as big claimed, given that it led to the 'abrupt end' to Operation Sindoor. The US president has repeatedly claimed that he used trade negotiations with both India and Pakistan to stop hostilities in the aftermath of the Pahalgam terror attack, a ...Read More >
New Delhi: US President Donald Trump announced that the US has signed a trade deal with China, expressing optimism about a potential "very big" agreement with India soon. Speaking at a White House event promoting a government spending bill, Trump stated, "We just signed with China yesterday... We have one coming up, maybe with India, a very big one. We're going to open up India." "...We just signed (trade deal) with China. We're not going to make deals with everybody... But we're having some g ...Read More >
New Delhi [India], June 26 (ANI): The Ministry of External Affairs (MEA) on Thursday said that it is keeping a constant watch on developments in India's neighbourhood, especially in light of the recent trilateral meeting involving China, Pakistan, and Bangladesh. Speaking at a press briefing, MEA Spokesperson Randhir Jaiswal said, 'We maintain a constant watch on the developments in our neighbourhood that have a bearing on our interests and our security, our relations with individual countries, ...Read More >
India and the US are currently engaged in negotiations for a bilateral trade agreement (BTA), aiming for a swift and mutually advantageous initial phase. Discussions focus on enhancing market access by lowering tariffs and trade barriers, alongside strengthening supply chain integration.The proposed trade agreement between India and the US would provide greater market access for goods by reducing tariffs, cutting trade barriers, and improving supply chain integration, an official said on Friday. ...Read More >
New Delhi, June 6: Indian and U.S. officials engaged in high-level trade negotiations here to arrive at an interim deal on tariff cuts, ahead of the July 9 deadline, have decided to extend their ongoing talks into next week, according to a senior official. India's negotiating team, headed by Additional Secretary Rajesh Agrawal, has held talks over two days with senior officials from the Office of the United States Trade Representative (USTR), who arrived in Delhi for weekend talks. "The two co ...Read More >
MUMBAI, India -- India's central bank cut interest rates more than expected on Friday. For this, the Reserve Bank of India (RBI) cited muted inflation and a need to kickstart economic growth. This happened as the impact of US tariffs weighed on the country's outlook. The RBI lowered the benchmark repo rate, the level at which it lends to commercial banks. This went down by 50 basis points to 5.5 percent. A majority of analysts had expected a 25-basis-point reduction. The cut was RBI's third i ...Read More >
NEW DELHI, June 5 (Reuters) - Indian and U.S. are holding high-level talks this week, aiming to finalise tariff cuts in sectors such as farm and automobiles as part of an interim deal, two government sources said, with an announcement likely later this month. A U.S. delegation led by senior officials from the Office of the United States Trade Representative (USTR) began closed-door, two-day discussions in New Delhi on Thursday with Indian trade officials headed by chief negotiator Rajesh Agrawa ...Read More >
New Delhi, June 5: A high-level US trade delegation has arrived in the national capital to move ahead on the negotiations for a Bilateral Trade Agreement (BTA) with India. The negotiators are aiming to finalise an interim trade deal ahead of the July 9 deadline that has been fixed by US President Donald Trump for the 90-day pause on new tariffs that were to be levied on Indian products. Negotiations are expected to continue after that for a broader trade deal to be signed in September-October. ...Read More >
New Delhi, June 5 (SocialNews.XYZ) A high-level US trade delegation has arrived in the national capital to move ahead on the negotiations for a Bilateral Trade Agreement (BTA) with India. The negotiators are aiming to finalise an interim trade deal ahead of the July 9 deadline that has been fixed by US President Donald Trump for the 90-day pause on new tariffs that were to be levied on Indian products. Negotiations are expected to continue after that for a broader trade deal to be signed in Sep ...Read More >
NEW DELHI, June 5 (Reuters) - Indian and U.S. are holding high-level talks this week, aiming to finalise tariff cuts in sectors such as farm and automobiles as part of an interim deal, two government sources said, with an announcement likely later this month. A U.S. delegation led by senior officials from the Office of the United States Trade Representative (USTR) began closed-door, two-day discussions in New Delhi on Thursday with Indian trade officials headed by chief negotiator Rajesh Agrawa ...Read More >
Investing.com-- Bitcoin fell for a third straight session on Wednesday as traders continued to lock-in profits from a recent rally, while anticipation of more cues on U.S. policy also spurred caution. The world's largest cryptocurrency has been on an extended downturn since late last week as investors locked-in profits from a run-up to record highs. Traders were also somewhat disappointed as the crypto failed to clear the coveted $100,000 level. Risk appetite was further dented by U.S. Preside ...Read More >
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