The White House has revised its fact sheet on the India-US trade deal, removing a reference to pulses and adjusting language around New Delhi’s offer to buy more American goods. Prime Minister Narendra Modi and US President Donald Trump at the White House in Washington D.C. (Reuters File) In a previous version of the India-US […]
ET Intelligence Group: Shares of seafood companies fell 3-7% on Friday after a sharp four-day rally that followed euphoria over the India-US trade deal announcement on February 2. Despite a better medium term outlook due to the deal, which is expected to boost marine exports from India, investors are observing caution given the near-term challenges […]
The Reserve Bank of India has kept its benchmark repurchase rate unchanged citing benign inflation, even as a myriad trade deals boosts the outlook for the world’s fastest growing major economy. Reserve Bank of India (RBI) Governor Sanjay Malhotra. (Punit Paranjpe/AFP Photo) The RBI’s six-member Monetary Policy Committee (MPC), which met over 4-6 February, voted […]
The rupee’s biggest rally in seven years will give Reserve Bank of India scope to rebuild its forex reserves, potentially limiting further gains after the boost from the India-US trade deal, according to some analysts. The rupee has fallen 5.3% against the US dollar so far this year, putting it on track for its steepest […]
In early September, shortly after Indian Prime Minister Narendra Modi held a chummy meeting with Vladimir Putin and Xi Jinping in China, he dispatched his national security adviser to Washington to help smooth over fraying ties. Prime Minister Narendra Modi and US President Donald Trump at the White House in Washington, DC. (Reuters) Ajit Doval […]
The India–US trade deal marks a turning point for equities by removing a major source of tariff uncertainty, and lifting investor sentiment, according to top money managers. They said the worst of the market stress may have peaked for now, but the trade agreement is unlikely to be a game-changer, and returns will ultimately hinge […]
India and the United States clinched a major trade pact on February 2, with Washington cutting tariffs on Indian goods to 18%, giving New Delhi a competitive edge over export rivals such as China, Indonesia, Vietnam and Bangladesh. Experts say the agreement could indirectly affect the real estate market by boosting foreign direct investment in […]
The Indian economy can expand at more than 7% in 2026-27, the government said on Thursday, offering an optimistic outlook for the world’s fourth largest economy at a time of heightened uncertainty for global trade. The government has sought to blunt the impact of US tariffs on the Indian economy by pushing far-reaching policy reforms […]
The India-US trade deal didn’t happen because Prime Minister Narendra Modi didn’t call US President Donald Trump, according to US Commerce Secretary Howard Lutnick. US Commerce Secretary Howard Lutnick (left) and Senator Lindsey Graham (centre) and President Donald Trump speak to reporters aboard Air Force One on 4 January 2026. (Reuters) Speaking with venture capitalist […]
India’s stock market fell in early trade today as investors navigated persistent foreign outflows and a depreciating rupee, while an India-US trade deal was elusive. The Sensex and Nifty 50, which hit record highs on 1 December, have been on shaky ground since then. (HT) At 10:15 am, the 30-share BSE Sensex was down 0.55% […]