Daily Headlinez Top News Updates
NEW DELHI: After a gap of nearly two months, India and the US will hold talks on trade issues, with a team led by chief negotiator due to visit Washington soon. While dates are being finalised, US ambassador to India Sergio Gor said: “The US and India have previously agreed to a trade deal, and…
NEW DELHI: India on Friday denied reports that it was holding off bilateral engagement or delaying a trade deal with the United States, saying discussions between the two countries are continuing for a “mutually beneficial agreement.” “We have noted a media report regarding ongoing trade talks with the US. It is denied that there is…
The United States will not extend to India the kind of sweeping economic concessions it once granted China, said Deputy Secretary of State Christopher Landau on Thursday, claiming that those incentives allowed China to emerge as a rival.Speaking at the Raisina Dialogue, India’s flagship conference on geopolitics and geoeconomics, Landau made it clear that while…
India’s exports to the US also fell by 21.77% to $6.6 billion in January, largely due to the 50% tariffs imposed by the Donald Trump administration. (AI image) India’s merchandise exports grew marginally in January to $36.56 billion, up 0.61%. On the other hand, imports rose sharply by 19.2% to $71.24 billion, compared to $59.77…
PM Modi with Trump (file photo) India-US trade deal: Stuck for months since negotiations first began early, the India-US trade deal announcement by US President Donald Trump took everyone by surprise. Despite repeated rounds of talks, even after the US imposed 50% tariffs, the stalemate had continued with the Trump administration insisting that any trade…
India Russia crude oil trade (AI image) US treasury secretary Scott Bessent suggested there could be a “path” to removing 25 per cent tariffs imposed on India over its purchases of Russian oil, claiming the penalties have already achieved their aim by sharply reducing Indian imports.Speaking to Politico at the World Economic Forum in Davos,…
Trump’s remarks come at a time when the US has imposed 50% tariffs on India – among the highest in the world. (AI image) India-US trade deal: US President Donald Trump on Wednesday said that America would have a ‘great’ trade deal with India. Trump’s statement came during his visit to the World Economic Forum…
Mallikarjun Kharge (File photo) NEW DELHI: Congress president Mallikarjun Kharge on Monday likened US President Donald Trump to dictators Adolf Hitler and Benito Mussolini over the United States’ actions in Venezuela. He also criticised Prime Minister Narendra Modi for allegedly yielding to Trump’s demand to cut India’s purchase of oil from Russia, which has been…
India hopes to seal first tranche of US trade deal by year-end India is looking to finalise the opening tranche of the India–US Bilateral Trade Agreement (BTA) before the end of the year, with commerce secretary Rajesh Agarwal saying negotiations have advanced significantly despite recent shifts in global trade conditions. Speaking at FICCI’s Annual General…
IMF has reclassified India’s exchange-rate regime, two years after the Washington-based lender suggested the country’s central bank was intervening too heavily in the currency market. The IMF labelled the country’s de facto currency regime as “crawl-like arrangement”, marking a change from the previous “stabilised” classification, the agency said in a report released on Wednesday.A crawling…
