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India-US Trade Deal News Highlights: Trump said India would also move to cut tariffs and non-tariff barriers on US goods to zero and significantly scale up purchases of American products.
The report said the documentation process will be done as soon as possible, providing more clarity on Section 232 tariffs and the duties levied on Indian goods
Police said Mihir's mother, Sneha Akhouri, and his 14-year-old sister also attempted suicide by consuming a poisonous substance, however, they were rushed to a hospital by the neighbours.
The rollback comes after months of pressure from steep tariff hikes, some as high as 50%, imposed from August 27, 2025, which had raised landed costs, hurt competitiveness, and dampened demand for Indian goods in the US, India’s largest export market.
Nabin's remark came soon after US President Donald Trump spoke with Prime Minister Narendra Modi and announced that India and the US have agreed on a trade deal.
Lower US tariffs mark a strategic reset in India-US trade ties, boosting export competitiveness and geopolitical alignment
The investigation has taken a new turn following statements recorded from Suresh, the family servant. Police are now closely examining events from the evening of January 28.
The India-US trade deal has ignited a 2.87% jump in Gift Nifty, setting the stage for a potential short squeeze as foreign investors scramble to cover near-record short positions amid renewed market optimism
One-month USD/INR non-deliverable forwards fell as much as 0.4 percent to 90.28, extending an overnight decline of about 1.3 percent
With the process of government formation now in place, an immediate challenge for the Centre will be to win the confidence of the Kuki-Zo tribals.
US President Donald Trump on Monday night announced a reduction in reciprocal tariffs on Indian goods to 18 per cent, down from 25 per cent, following a phone conversation with Prime Minister Narendra Modi and what he described as the finalisation of a trade deal between the two countries.
US President Donald Trump on Monday night announced a reduction in reciprocal tariffs on Indian goods to 18 per cent, lowering the rate from 25 per cent.
In a statement, the Chamber also praised Indian Ambassador Vinay Kwatra and US Ambassador Sergio Gor for their role in the talks.
Prime Minister Modi earlier welcomed the deal announced by President Trump, which lowers reciprocal tariffs on Indian goods from 25 per cent to 18 per cent following a phone conversation between the two leaders.
Amit Shah also said the agreement is expected to give a strong boost to bilateral business ties, noting that trade between India and the United States is set to flourish further.
India's nutraceutical exports, which accounts for almost $1 billion worth of exports, are reeling under severe stress, as US customers are cutting inventories, buying less, delaying launches and even asking for air freight, pushing costs higher.
Textile exports worth nearly $11 billion and gems and jewellery shipments of almost $10 billion are expected to benefit substantially from the tariff reduction.
Trump had first announced the agreement on Truth Social, stating that it followed discussions with the Indian prime minister and would come into force immediately.
Karnataka Industrial Areas Development Board has directed Foxconn and other units in Devanahalli Special Investment Region to pay property tax to the board, citing its authority over tax assessment and collection in notified industrial areas
The RBI targets a 4 percent headline inflation rate within a tolerance band of 2 percent to 6 percent.
Sitharaman said that India must “extend the red carpet and remove the red tape at the same time for ease of doing business,” while keeping stability as the central anchor.
Jan Swasthya Abhiyan India (JSAI) or the People's Health Movement-India, a national coalition of over 20 networks and over 1,000 NGOs, activists, and health professionals working to secure healthcare as a fundamental right, in a press statement alleged that over the last five years, the Ministry of Health has failed to spend significant portions of its sanctioned outlays.
On the central government weighing possible changes to Press Note 3 to spur investments, Sitharaman said discussions on this have taken place.
Finance Minister Nirmala Sitharaman dismissed claims that Tamil Nadu was ignored, highlighting key infrastructure and industrial investments while taking aim at DMK and Congress.
