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This image is just for representation purpose only (AI-generated) Stock investors became richer by Rs 12.10 lakh crore on Tuesday as benchmark equity indices staged a sharp rally, buoyed by optimism over the India–US trade deal that lowered tariff uncertainty and improved sentiment across global and domestic markets.The 30-share BSE Sensex closed at 83,739.13, up…
The TOI correspondent from Washington: The apocryphal story goes that when a Bill Clinton envoy asked an Indian minister in early 1998 if New Delhi would conduct nuclear tests, he got the famous Indian headshake – the ambiguous 8-shaped nod that could mean yes or no or maybe. He took it as a no when…
India will restrict crude oil purchases from Russia and limit imports only to cases where supplies are irreplaceable, as part of a broader understanding reached with the United States to secure lower trade tariffs, sources quoted by news agency PTI claimed.While no immediate blanket ban is planned, Indian refiners will not place fresh orders for…
US Trade Representative Jamieson Greer on Tuesday said that the Trump administration is working to formally finalise the trade agreement announced with India, further noting that New Delhi “is maintaining protection around agricultural goods.““We’ll finish papering it, but we know the specifics, we know the details,” Greer said in an interview with CNBC. He further…
India-US trade deal (AI image) India-US trade deal: While the announcement of India-US trade deal brought a welcome relief rally in domestic stock markets and cheered exporters, a lot still remains unknown about the key details of the trade agreement. The biggest takeaway from US President Donald Trump and Prime Minister Narendra Modi’s social posts…
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…
NEW DELHI: Union finance minister Nirmala Sitharaman on Tuesday said that the announcement of an agreement between India and the US is on the “reduction in tariffs” and that details of the trade deal between the two countries will have to be announced and worked out.“It’s very good news. So it’s a reduction in tariff….
At present, the precise terms of the agreement have not been disclosed. (AI image) India-US trade deal: After months of stalemate, India and the US have finalised a trade deal that reduces tariffs imposed on New Delhi to 18%, placing the country at an advantageous position compared to other export competitors like China, Pakistan, Bangladesh,…
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…
PM Modi-Trump (File photo) US President Donald Trump announced a breakthrough India–US trade deal, unveiling a sharp cut in tariffs on Indian exports to 18% and signalling a fresh momentum in bilateral economic ties. Prime Minister Narendra Modi welcomed the announcement, calling it a boost for cooperation between the world’s two largest democracies.The deal comes…
