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The United States and India have announced a major breakthrough in trade ties, with President Donald Trump and Prime Minister Narendra Modi agreeing to roll back steep tariffs and deepen economic cooperation. The understanding, revealed through statements by both leaders, signals a reset in a relationship that had been strained by punitive duties, market-access disputes…
NEW DELHI: Union commerce minister Piyush Goyal on Tuesday hailed the India-US trade agreement as a “tremendous opportunity”for the country, calling it “the best deal” New Delhi has secured compared to its neighbours.Addressing a press conference a day after the agreement was announced, Goyal said, “This is the best deal India has received. It is…
PM Modi and Trump (File photo) US President Donald Trump on Monday announced a trade deal with India, months after Washington imposed steep tariffs of up to 50 per cent on Indian goods, including penalties linked to New Delhi’s purchase of Russian crude. Announcing the agreement on his social media platform Truth Social, Trump said…
New Delhi: India and Germany are on the verge of signing a $8 billion Project-75(I) submarine manufacturing agreement, which is set to become India’s largest-ever defence deal. The agreement, likely to be signed by March-end as negotiations have reached an advanced stage, will be a historic milestone in Indo-German defence cooperation.The long-pending Project-75 India (P-75I)…
NOIDA: A couple died and their three children were found poisoned at their home in Greater Noida’s Ecotech 3 area on Thursday, triggering an investigation into suspected poisoning. The children, aged 10, 8 and 4, were hospitalised and are now stated to be out of danger.According to police, the couple, Shravan Pal (40) and his…
Canada’s prime minister Mark Carney is expected to visit India in the first week of March, India’s high commissioner to Canada, Dinesh Patnaik, told Reuters in an interview. During the trip, the Canadian PM is set to sign key deals on uranium, energy, minerals, artificial intelligence, education, and culture. “I have a feeling in the…
Canadian prime minister Mark Carney has said Ottawa has “no intention” of pursuing a free trade agreement with China, pushing back against claims of a strategic drift towards Beijing, a day after US President Donald Trump threatened sweeping tariffs on Canadian goods.Carney’s remarks came after Trump warned that Canada could face “100 per cent tariffs…
The India–European Union free trade agreement (FTA), expected to be announced on January 27, is likely to lower costs and expand trade rather than harm domestic industry, the Global Trade Research Initiative (GTRI) said on Sunday.In FY2025, India–EU goods trade crossed $136 billion. GTRI said tariff reductions under the FTA would primarily reduce input costs,…
The European Parliament has voted to refer the recently signed EU-Mercosur free trade agreement to the bloc’s top court, pushing the long-negotiated pact into legal uncertainty just days after it was sealed, according to an AFP report.Lawmakers in Strasbourg voted 334 to 324 in favour of asking the Court of Justice of the European Union…
The European Union and the Mercosur on Saturday formally signed a long-awaited free trade agreement, closing more than 25 years of negotiations and creating one of the world’s largest integrated trading zones.The agreement was signed in Asunción, marking a significant geopolitical win for the EU at a time of intensifying global trade frictions, rising tariffs…
