Latest US Commerce Secretary News & Updates

New York, Feb 11 (IANS) US Commerce Secretary Howard Lutnick admitted that he and his family had lunch with the convicted sex offender Jeffrey Epstein on the latter’s private island in 2012.”I did have lunch with him, as I was on a boat going across on a family vacation,” Lutnick said during a Senate Appropriations subcommittee hearing on Tuesday. “And we had lunch on the island, that is true, for an hour.””I did not have any relationship with him. I barely had anything to do with that person,” …

New Delhi, Jan 11 (IANS) Analysts on Sunday said that foreign institutional investors (FIIs) will turn buyers in India with positive developments on the US-India trade agreement and uptick in earnings growth, which will improve investor sentiment.FII investment in early 2026 has begun with the continuation of the trend of the previous year.In 2025, FIIs had net sold equity for Rs 166,283 crore, impacting the performance of the Indian market and also weakening the rupee by about 5 per cent.“At …

New Delhi, Jan 9 (IANS) The Ministry of External Affairs (MEA) on Friday rejected US Commerce Secretary Lutnick’s comments that the India-US trade negotiations have stalled because Prime Minister Narendra Modi “didn’t call” President Donald Trump.“The characterisation of these discussions in the reported remarks is not accurate,” MEA spokesman Randhir Jaiswal said.”India remains interested in a mutually beneficial trade deal between two complementary economies and looks forward to concludi…