While US & Indian officials have signaled that a deal was within reach, talks have dragged on amid disputes over tariffs, market access & protections for politically sensitive sectors.
A US trade team led by chief negotiator Brendan Lynch will hold talks with counterparts in New Delhi from Tuesday to advance the trade deal the two nations agreed in February.
The earlier interim trade deal announced by India was based on tariff rates imposed by the US on the IEEPA. The IEEPA was struck down by the US Supreme Court in February.
India & US have seen an uptick in high-level exchanges in last few months as ties improve following conclusion of trade deal talks. Rubio to visit India for first time as US State Secy.
New Delhi is examining the legal implications of the latest set of American investigations into Indian exports under Section 301(b) of the Trade Act of 1974, it is learnt.
New Delhi remains optimistic on growth this year and next. A recent US trade deal may lift estimates, but uncertainty looms after the US Supreme Court struck down Trump’s tariffs.
Ahead of US-India Interim Trade negotiations, a discussion highlights divergent views on India's economic reforms, but finds consensus that India needs partnership with US to balance China's clout.
The new 15% universal levy overrides the interim tariff framework for India, under which Trump had slashed reciprocal duties from 25 percent to 18 percent. The trade deal is on, he says.
When half of all consumers are trapped in a low-productivity agrarian economy, exposing them further to agricultural price volatility would be criminal.
Ajinkya Rahane was at the heart of India's rise under Kohli and Shastri. Nowhere was his understated value more immortalised than during the 2020–21 Border-Gavaskar Trophy.
Combined sales of urea, DAP, MOP and complex fertilisers rose 25 percent in April even as Modi asked farmers to cut chemical fertiliser use by up to half to save soil and foreign exchange
The young people broke the self-imposed silence among the elite not to speak a word critical of the Modi government, except to whisper on the sidelines, looking left, right and behind.
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