Lucknow, Feb 3 (IANS) Samajwadi Party president Akhilesh Yadav on Tuesday criticised the Centre over the India-US trade deal, alleging that opening India’s agricultural market to American farm produce and food grains amounts to a betrayal of farmers.Yadav claimed that nearly 70 per cent of the country’s population depends on agriculture and questioned whether the BJP-led government was deliberately weakening India’s self-reliant farming system under foreign pressure.In a post on X, the SP …
Latest India-US Trade Deal News & Updates
New Delhi, Feb 3 (IANS) Leading industry chambers on Tuesday said the India-US trade deal will enhance the global competitiveness of Indian products while catalysing manufacturing growth, employment creation and the development of resilient supply chains.The US has immediately reduced reciprocal tariff on Indian goods from 25 per cent to 18 per cent, while waiving off the other 25 per cent tariffs imposed on the country for purchasing Russian oil.“The expected reduction of US-India tariffs to …
Amaravati, Feb 3 (IANS) Andhra Pradesh Chief Minister N. Chandrababu Naidu on Tuesday hailed the India-US trade deal as a “historic milestone” for global economic stability.He congratulated Prime Minister Narendra Modi on concluding this “landmark” trade agreement with the US. “Reducing tariffs to 18% is a visionary move that strengthens the bond between the world’s two greatest democracies and ensures continued global growth,” said the Chief Minister.“Under the PM’s leadership, …
Mumbai, Feb 3 (IANS) Stocks of the Adani Group companies surged on Tuesday in early trade after the announcement of the India-US trade deal, led by Adani Enterprises Ltd (AEL), which traded near the upper circuit of 10 per cent.Adani Green and Adani Energy also gained more than 7 per cent as the stock market rallied. The gains trickled down to Adani Ports, Adani Power, Ambuja Cements and Adani Total, all of which rose by than 4 per cent.The investor sentiment in Adani Group companies was aided b…
New Delhi, Feb 3 (IANS) The National Democratic Alliance (NDA) convened a Parliamentary Party meeting on Tuesday to deliberate on the Union Budget 2026 and the government’s vision for Viksit Bharat 2047. The meeting is being held at the Parliament Library Building in New Delhi.Prime Minister Narendra Modi, Home Minister Amit Shah, Defence Minister Rajnath Singh, Union Health Minister J.P. Nadda, BJP National President Nitin Nabin, and all other NDA ministers and MPs are present at the meeting.Up…
New Delhi, Feb 3 (IANS) Union Home Minister Amit Shah and Union Health Minister J.P. Nadda on Tuesday welcomed the India-US trade deal and said that it will benefit and further strengthen the strategic partnership between the two nations.Taking to X, HM Shah said, “A big day for India-US relations as the trade deal has been locked with a significantly reduced tariff of 18 per cent, paving the way for stronger trade ties and mutual growth. I congratulate PM Narendra Modi and President Donald Trum…
New Delhi, Feb 3 (IANS) Union Defence Minister Rajnath Singh on Tuesday hailed the India-US trade deal and said that it will open a new phase of “deeper and greater cooperation” between the two nations.In a post on X, Singh said, “A landmark moment for India-US relations as a historic trade deal has been finalised, bringing tariffs down to a significantly lower 18 per cent and opening a new chapter of deeper and greater economic cooperation.”Congratulating Prime Minister Narendra Modi and US Pre…
New Delhi, Feb 3 (IANS) The Federation of Indian Export Organisations (FIEO) on Tuesday hailed finalisation of the India-US trade deal, under which the United States has agreed to reduce tariffs on all ‘made in india’ products to 18 per cent, saying it marks a significant milestone in further boosting and strengthening bilateral trade relations between the two countries.Sectors such as engineering goods, textiles and apparel, pharmaceuticals, chemicals, leather products, gems and jewellery, and …
New Delhi, Feb 3 (IANS) Union Minister for Commerce and Industry, Piyush Goyal, on Tuesday welcomed the India-US trade deal, stating that this development will unlock the “power of two large democracies” working together for the “shared prosperity” of their people. He called the trade deal a “historic turning point” for the bilateral relations of the two nations.In a post on X, Goyal said, “Congratulations to Prime Minister Narendra Modi ji and President Donald Trump, as well as to the people of…
Mumbai, Jan 21 (IANS) Indian equity benchmark indices ended lower on Wednesday for the third straight session, weighed down by rising geopolitical tensions that kept investors cautious.The Sensex closed at 81,909.63, slipping 270.84 points or 0.33 per cent. Meanwhile, the Nifty settled at 25,157.5, down 75 points or 0.3 per cent.“A sustained break below 25,130 could reopen downside toward 24,920–24,900,” a market expert said.“At this stage, price action reflects consolidation after exhau…