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New Delhi: The India-US trade deal should help narrow the current account deficit, stabilise the rupee, and reduce India’s vulnerability to global shocks over time, a report showed on Tuesday. The US has decided to reduce the reciprocal tariff on Indian goods to 18 per cent from the earlier 50 per cent. The trade deal…
India stands to gain significantly from the India-US trade deal, with reciprocal tariffs slashed from a punitive 50% to 18%, boosting export competitiveness and easing market access to the US. The agreement is expected to revive growth in manufacturing and services, strengthen energy security through diversified oil and gas supplies, create space for domestic economic…
US Ambassador to India Sergio Gor, said detailed trade terms will be announced by negotiators, stressed shared India-US support for ending the Russia-Ukraine conflict, and called the trade deal a moment to celebrate, noting it was concluded far faster than India’s agreement with the European Union. Source link [ad_3]
New Delhi: India’s strong economic fundamentals continue to support a healthy growth outlook, but prolonged uncertainty over the India–US trade deal could push the Reserve Bank of India to step in with further rate cuts. According to Goldman Sachs, if trade-related headwinds persist beyond the first quarter of FY27 and start weighing on growth, the…
United States Treasury Secretary Scott Bessent hinted that there may be a path for the removal of the additional 25% tariff levied on Indian goods due to the reduction of the country’s oil purchases from Russia. Calling Donald Trump’s tariff system a “huge success” to have Wahington’s way, Bessent told a Western media outlet, “Indian…
Last Updated:January 17, 2026, 08:49 IST ‘I had a productive meeting with N. Chandrasekaran, chairman of Tata Group, a conglomerate with an impressive 150-year-old legacy and a significant footprint in the US,’ says Gor. Sergio Gor, the newly appointed United States Ambassador to India, (left) meets Tata Group Chairman N Chandrasekaran. Sergio Gor, the newly…
washington dca few moments ago copy link Trump on Monday night talked about imposing 25% tariffs on countries doing business with Iran. US President Donald Trump has announced to impose 25% tariff on countries doing business with Iran. Trump posted on Truth Social on Monday night that any country that trades with Iran will be…
Last Updated:January 01, 2026, 1:35 PM IST The US Embassy said it was optimistic about deepening cooperation with India in 2026 as it marked the New Year. Sergio Gor’s appointment as US envoy also places a close aide of President Donald Trump at the centre of India–US relations. (IMAGE: PTI) The US Embassy in India…
Last Updated:December 25, 2025, 08:44 IST Vinay Kwatra met Sergio Gor at Mar-a-Lago for extensive talks on India–US trade and future relations as Gor prepares to become US Ambassador to India. Vinay Kwatra met Sergio Gor at Mar-a-Lago for extensive talks on India–US trade and future relations as Gor prepares to become US Ambassador to…
New Delhi: India’s merchandise exports to the US declined by 11.93 per cent to USD 5.46 billion in September due to the high tariffs imposed by Washington while imports increased by 11.78 per cent to USD 3.98 billion during the month, according to the commerce ministry data. During the April-September period of this fiscal, the…