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.
At a time when India-US relations were at their frostiest in decades, the youngest ever American envoy to India drove into the embassy compound in a BMW with flashing blue & red lights.
FT reports on Delhi looking at Dhaka closely, new AI rules; BBC interviews Uttarakhand gym owner; AP looks at farmers protesting India-US trade deal; The Guardian revisits Indian trains.
New Delhi is too scared of Trump to lie about stopping the purchase of Russian oil, but too embarrassed to admit it to Indian citizens, so ministers give evasive answers.
NYT looks at India-US trade deal, Economist examines who got the better end of the bargain, while Bloomberg looks at Tamil Nadu’s role in expansion of India’s shipbuilding industry.
In tactical terms, the shirtless protest was worse than a self-goal. Suddenly, the fiascos of the AI Summit were forgotten, and the Youth Congress’s disruption became the issue.
IAF is fine with accepting the aircraft with 'must-haves', even if some other steps remain pending, which may take at least another year, it is learnt.
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