Srinagar, March 9 (IANS) Police in Jammu and Kashmir’s Srinagar on Monday prevented Congress leaders and workers from taking out a protest march on the roads during a demonstration against the US-India trade deal and the killing of Iran’s Supreme Leader, Ayatullah Ali Khamenei.Congress leaders and party workers had gathered inside the party headquarters on Maulana Azad Road and attempted to march towards Lal Chowk to register their protest.However, police and security personnel deployed outs…
Latest US‑India trade deal News & Updates
Bhopal, Feb 21 (IANS) AICC General Secretary and in-charge for Madhya Pradesh Congress, Harish Chaudhary, said on Saturday that the proposed US-India trade deal is likely to impact the agricultural sector and pose a dangerous situation for the farmers. Citing the example of the US food supply blockade between 1965 and 1971, the Congress leader said that history has already witnessed severe impacts on the country’s situation in the past.He stated that after those severe impacts, India could becom…
New Delhi, Feb 17 (IANS) The Reserve Bank of India’s (RBI) monetary policy committee (MPC) is likely to keep policy rates unchanged in FY27 as consumer price index (CPI) inflation is expected to see an uptick, a report said on Tuesday.The report from Crisil Ratings said that CPI inflation will rise as the food inflation normalises, adding that the non‑food inflation should remain benign, helped by lower crude oil prices and continued benefits of goods and services tax cuts in the first half of…
Mumbai, Feb 15 (IANS) Foreign portfolio investors (FPIs) have made a strong comeback to Indian equity markets in early February, investing Rs 19,675 crore in the first fortnight of the month. The renewed interest comes after three straight months of heavy selling and is being supported by the US-India trade deal and easing global macroeconomic concerns.According to data from depositories, FPIs had pulled out large sums in the previous months.They withdrew Rs 35,962 crore in January, Rs 22,611 cr…
New Delhi, Feb 12 (IANS) Commerce and Industry Minister Piyush Goyal encouraged the Tiruppur textile cluster to create five lakh additional jobs and double its export performance over the next three years, assuring that the government will extend full support to exporters, it was announced on Thursday.In a meeting with a delegation led by Dr A Sakthivel, Chairman, Apparel Export Promotion Council (AEPC), along with key representatives of the Tiruppur textile cluster and industry associations, Go…
Mumbai, Feb 10 (IANS) India’s real GDP growth will likely touch 6.9 per cent in 2026 and 6.8 per cent in 2027, and the recent US-India trade deal should add about 0.2 percentage (20 bps) to annual GDP growth, a new report has said.The report from Goldman Sachs Research said, “Our analysts expect an incremental growth boost of 0.2 percentage points of GDP (annualised) with these new tariffs, based on India’s goods exports exposure of roughly 4 per cent of GDP to US final demand.”The investmen…
New Delhi, Feb 6 (IANS) The RBI Monetary Policy Committee (MPC) is set to announce its decision on the key policy rate on Friday, with economists expecting Central Bank to take a pause in February after the December 2025 rate cut — with tone and forward guidance to be closely watched.The three-day RBI MPC, which began on Wednesday, is likely to signal a nimble, forward-looking response framework amid firm growth and easing external risks post US trade deal, according to Radhika Rao, Executive D…
New Delhi, Feb 5 (IANS) The Reserve Bank of India (RBI) is likely to maintain status quo in the upcoming policy decision on Friday, as despite policy rate easing, government bond yields have exhibited persistent hardening in recent periods, among other reasons.According to economists, the choice of eligible securities itself may influence the effectiveness of OMO operations, even when the aggregate quantum of liquidity injection is unchanged.“We believe that the choice of eligible securities i…
New Delhi, Feb 4 (IANS) India now has one of the lowest tariffs among key Asian countries, with the US-India trade deal resulting in a reduction in tariffs on Indian goods to 18 per cent from 50 per cent earlier, and this will help in improving the country’s export competitiveness, according to an SBI Research report released on Wednesday.The tariff rate for India is even lower than Vietnam, which is one of the major trading partners of the US, enabling Indian exports to regain competitiveness…
New Delhi, Feb 4 (IANS) Congress National President Mallikarjun Kharge on Wednesday raised concerns over the alleged lack of clarity surrounding the India-US trade agreement and asserted that both Parliament and the country’s 140 crore citizens have the right to be informed about its details.India and the United States finalised the trade pact on Monday following a telephonic conversation between Prime Minister Narendra Modi and US President Donald Trump.Under the agreement, US tariffs on Indi…