U.S. Commerce Secretary Howard Lutnick said a trade deal between India and the U.S. could happen in the “not too distant future” because “we found a place that really works for both countries.” “When they put the right person in India, put the right person on the other side of the table, and we’ve managed … Read more
The Union Ministry of External Affairs (MEA) said on April 9 that it was studying the implications of US President Donald Trump’s reciprocal tariffs on India. The Ministry said discussions are ongoing between the Indian and US trade teams to expedite the conclusion of a mutually beneficial multi-sectoral bilateral trade agreement. It added that India … Read more
The US has criticised India’s “onerous requirements” on dairy imports, surcharges on various agricultural imports, regulations for alcoholic beverage imports, and the Make in India programme that remains “challenging” for high-technology equipment makers and other American companies. The Trump administration plans to levy reciprocal tariffs from Wednesday. In its 2025 National Trade Estimate report, the … Read more
New Delhi, Commerce and Industry Minister Piyush Goyal on Monday said the USD 100 billion FDI commitment made by EFTA bloc under a free trade agreement could help in catalysing as much as USD 400-500 billion investment proposals in the Indian ecosystem. The pact, officially dubbed as Trade and Economic Partnership Agreement (TEPA), is expected … Read more
Senior Indian government officials are preparing fresh policy briefs, especially on trade and investment, following the election of Donald Trump as the next US president, two officials told ET. During his campaign, Trump had threatened to impose tariffs on imports to protect US jobs.While the government hopes Trump’s second stint will further bolster India-US relations, … Read more
After a decade of single-party rule at the Centre, India has returned to an era of coalition politics. As the Lok Sabha election results trickled in on the morning of June 4, the Sensex plunged into a sea of red. The fear among stock market investors and corporate leaders was palpable: what if India’s ongoing … Read more
External affairs Minister S Jaishankar rejected US President Joe Biden’s description of India as “xenophobic” and grouping it with countries said to be economically troubled. “First of all, our economy is not faltering,” he said at the ET Roundtable on Friday. “India is always… India has been a very unique country… I would say actually, … Read more