Responding to a question at IMF headquarters, Finance Minister Nirmala Sitharaman said a totalisation agreement with the US has always been on the cards.
During a joint session at India Economic Summit, both ministers had a stern exchange of words over some of the Indian polices and regulatory mechanisms.
The ‘limited’ trade package was given final shape when Commerce Minister Piyush Goyal met US Trade Representative Robert Lighthizer in New York Monday.
Trade continues to remain a difficult spot in US-India ties, especially amid Trump’s campaign to bridge the US’ trade deficit with countries around the world.
PM Modi told President Trump that $4 billion worth of imports were already "in the pipeline" as India and US seek to overcome their differences on tariffs and market access.
As US tries to counterbalance China's power in the region through India, it is also at a crossroads with the new Modi govt and needs to iron out several foreign policy challenges for smooth ties.
Two questions are pertinent: Why does the Trump administration keep making the same mistakes on the peace proposal? And what does a hurried peace plan mean on the ground?
While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
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