New Delhi, March 17 (IANS) Indian‑American households reported a median annual income of about $151,200, far above the US median of roughly $83,700 and ranked first among all major ethnic groups in the country, a new report has said.The report from The Australia Today, which cited Pew Research Center findings, said that Indian‑American households earn roughly $67,000 more per year or nearly 80 per cent higher than the typical American household.Indian Americans, roughly 4.8 million people, m…
Latest Bilateral Trade Agreement News & Updates
New Delhi, March 13 (IANS) The US and India are moving closer to signing a key agreement on critical minerals that could significantly strengthen strategic cooperation and supply chains between the two countries, US Ambassador Sergio Gor said on Friday.Speaking at the India Today Conclave 2026, Gor said the growing engagement between the two nations reflects a deeper partnership that goes beyond conventional trade ties. His remarks come just days after the two countries agreed on a framework for…
New Delhi, Feb 12 (IANS) Several parliamentarians on Thursday welcomed US Ambassador to India Sergio Gor and congratulated him on the recently announced India-US interim trade agreement, describing it as a significant step in strengthening bilateral ties.Member of Parliament and former Foreign Secretary Harsh V. Shringla shared photographs of the interaction on X, showing the envoy being received at an event decorated with Indian and American flags. The gathering featured discussions on the cont…
New Delhi, Feb 12 (IANS) US Ambassador to India, Sergio Gor met Foreign Secretary Vikram Misri on Thursday, holding discussions on advancing bilateral partnership and the recently-concluded India-US trade deal. “Always a pleasure to meet with Foreign Secretary Vikram Misri. We had a great discussion on advancing the US-India partnership. So many opportunities ahead now that the trade deal has been finalized!”, Gor posted on X after meeting Misri.Last week, India and the US announced a framework …
New Delhi, Feb 10 (IANS) Congress MP Manish Tewari submitted an adjournment motion in the Lok Sabha on Tuesday, seeking a discussion on the USA–India Joint Statement on the Interim Trade Agreement and concerns over the purchase of Russian oil.This is the third time Tewari has submitted an adjournment motion regarding the issue.India and the US reached a trade deal on February 2, following a phone call between Prime Minister Narendra Modi and President Donald Trump. On February 7, both countrie…
Washington, Feb 10 (IANS) Days after President Donald Trump unveiled a trade deal with India, the White House said negotiations will continue on unresolved tariff and non-tariff barriers, even as a newly released fact sheet detailed key features of the agreement and its implementation roadmap.The fact sheet follows last Friday’s joint statement issued after a call between Trump and Prime Minister Narendra Modi, during which the two leaders agreed on a framework for an Interim Agreement on reci…
New Delhi, Feb 9 (IANS) The India-US Bilateral Trade Agreement (BTA) marks a major milestone in India’s global trade engagement, securing sustained preferential access for exports in the US market valued at over $30 trillion, according to an official statement issued on Monday.The agreement delivers comprehensive tariff rationalisation, zero-duty access across large product categories, enhanced digital and technology cooperation, and a carefully calibrated framework to safeguard India’s farm…
New Delhi, Feb 7 (IANS) The interim tariff agreement marks a significant development in the US-India trade relations, potentially expanding market access for exporters in both countries and providing a stable and comprehensive trade framework, industry said on Saturday.India and the United States have finally signed an interim tariff agreement aimed at reducing trade barriers and strengthening bilateral economic cooperation. “The framework was agreed upon in ongoing negotiations to expand two-…
Washington, Feb 7 (IANS) India gained tariff relief, better market access, and a stronger competitive position in the United States under a new interim trade framework announced by Washington and New Delhi.The two countries said they have reached a framework for an Interim Agreement on “reciprocal and mutually beneficial trade.” The move keeps talks on track for a full US-India Bilateral Trade Agreement, launched by President Donald Trump and Prime Minister Narendra Modi last February.Both s…
Washington, Feb 7 (IANS) US President Donald Trump’s trade dealmaking is opening India’s vast market to American products by lowering tariffs on US industrial and agricultural goods, US Trade Representative Jamieson Greer said.Greer spoke on Friday after the White House issued a joint statement announcing a framework for an Interim Agreement between the United States and India on reciprocal and mutually beneficial trade.“President Trump’s dealmaking is unlocking one of the largest econom…