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.
The account of the India-US trade deal being a threat to India-Russia ties relies on a historically fixed and emotional understanding of India-Soviet/Russian ties.
New Delhi: The outsourcing industry, India’s largest white-collar employer, is a juggernaut that has all but stopped moving. The dollar revenue at the top...
By pairing Indian drone engineering with Japanese semiconductor expertise, the two firms aim to develop more advanced autonomous systems tailored to both defence & commercial use.
American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.
I think India fosters a deep mistrust of foreign capital. We experienced centuries of foreign rule, because the rulers allowed foreigners to own businesses in their territory.
This cultural learning pushes us to make entry into India difficult and exit nigh impossible. The case of general motors journey reflects this.
All these protections must go. Otherwise, we will never learn.
I think India fosters a deep mistrust of foreign capital. We experienced centuries of foreign rule, because the rulers allowed foreigners to own businesses in their territory.
This cultural learning pushes us to make entry into India difficult and exit nigh impossible. The case of general motors journey reflects this.