Topic: India-US trade

At a little over $19 billion, pledged investments are primarily in the pharmaceutical sector, with $11.75 billion alone from Sun Pharmaceuticals’ proposed purchase of New Jersey-based Organon & Co

IYC members enter the Summit venue in Delhi & raise slogans against PM Modi, US trade deal. BJP slammed them for ‘anti-national’ act, and sought apology from the Gandhi family.

The present punishing visa rules, restrictive employment regime and discriminatory immigration system will not facilitate bilateral trade. A return to normalcy is a precondition.

India, Howard Lutnick says, was uncomfortable with a Modi-Trump call & that let a negotiated deal fall through & when Delhi was ready for a deal, Washington wanted different terms.

Donald Trump seems to have rejected the old assumptions. He does not care that India is the world’s largest democracy. As for the Indian market, he wants access on his own terms.

November exports to the US saw 10% growth from the previous month. Overall, in the first 8 months this fiscal, the merchandise exports to the US touched has touched $59bn.

India’s Russian oil purchases have effectively meant a transfer of gains from millions of workers in labour-intensive sectors to a few large refiners.

Senior executives said Washington's latest sanctions on Russian producers Rosneft PJSC and Lukoil PJSC would make it all but impossible for crude flows to continue. Imports from Russia have been a major hurdle in India-US trade negotiations after Trump tariffs came into effect.

India has an advantage which even long-standing powers do not have—the world's highest concentration of Global Capability Centres.

NYT explores consequences for India's solar industry as US tariffs kick in. The Guardian profiles ‘India’s first divorce camp’.