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Trump says open to negotiations with India, but also links tariff ‘penalty’ to BRICS membership Following his announcement of a 25% tariff rate on India plus an unspecified “penalty” tariff for India purchasing Russian energy and arms, U.S. President Donald Trump said his administration was still negotiating the final tariff rate with India, while at the same…
India’s negotiation points are now aimed at a broader Bilateral Trade Agreement (BTA) by September or October this year, rather than a ‘mini deal’ before August 1. Yet, the government is prepared for a surprise deal announced by U.S. President Donald Trump. File | Photo Credit: Reuters With the August 1 deadline approaching, agriculture continues…
Image used for representation purpose only. | Photo Credit: Reuters The August 1 deadline for U.S. tariffs is for countries that have received letters from U.S. President Donald Trump, and so India is still operating under the July 8 deadline, according to Indian government sources, who added that a mini deal with the US could…
A man walks past the Bombay Stock Exchange (BSE) building, in Mumbai. File | Photo Credit: PTI Equity benchmark indices Sensex and Nifty surged in early trade on Friday (May 2, 2025) amid optimism surrounding a potential India-U.S. trade deal, record high GST collection in April, and continuous foreign fund inflows. Moreover, a firm trend…
