Commerce and Industry Minister Piyush Goyal said that India-US relationship is strong, multi-dimensional, and not only about trade as there is a huge technology overlay on it.
PB Fintech stock fell to as low as Rs 1,442 in the opening trade, down more than 2 percent from the previous close. Around 48.4 lakh shares of PB Fintech changed hands in the block deal window at a price of Rs 1,435.1 per share. The transaction value works out to roughly Rs 695 crore.
We are very excited about the trade deal that is almost at the finish line now and could unlock huge economic potential, says the US official
EY is said to be conducting a due diligence on IIFL Samasta Finance. IIFL Capital and DAM Capital have been appointed as bankers to the deal.
The offer size of the stake sale is Rs 3,507.5 crore, the report said.
US Trade Representative Jamieson Greer said tariffs on Chinese goods won't be raised above current levels as Trump plans to travel to China in coming weeks
Gandhi had earlier 'challenged' PM Modi to scrap the US trade deal
After his first Israel trip in 2017, Modi returns to Jerusalem, showcasing maturing ties that reflect India’s evolution from a cautious balancer to a confident connector across West Asia and Europe
The joint statement was signed by Union commerce minister Piyush Goyal, and secretary general of the Gulf Cooperation Council, Jasem Mohamed Al Budaiwi
The Indian team was scheduled to start the three-day meeting on February 23 in the US
The Leader of Opposition in Lok Sabha questioned that the India-US trade agreement had been stalled for four months, but what happened that made Prime Minister Modi suddenly agree to it?
Even as Trump doubled down on his tariff-first trade strategy, developments following the court ruling have unexpectedly tilted the balance in favour of India.
The tariffs began taking effect at midnight on Tuesday, shortly after collections under the International Emergency Economic Powers Act were halted following the Supreme Court ruling.
The joint statement provided a renegotiation opportunity if either country changed its agreed upon tariffs. India should use the US Supreme Court ruling to tweak some contentious provisions in in the deal
The government is looking at freshly negotiating some provisions of the trade deal – so that it can get an edge over other countries, a source said
Weeks before Trump lands in Beijing on March 31, the first trip by an American president since his last visit in 2017, the Supreme Court invalidated his broad emergency tariffs — a key point of leverage over China
New Delhi is not considering backing away from a bilateral trade agreement with the US struck earlier this month
The finance minister says global economic uncertainty is neither new nor confined to any single trade relationship
The rollback affects a wide range of imports from major Asian export economies such as China, South Korea, Japan and Taiwan, all of which play central roles in global manufacturing and technology supply
Goyal said PM Modi has placed big focus on 'quality consciousness' to make Indian products globally recognisable
The European Commission has urged the United States to honor the existing EU US trade agreement after the US Supreme Court struck down former President Donald Trump’s global tariffs. Following the ruling, Trump announced new temporary tariffs, raising them to 15 percent. Brussels said EU exports must not face duties beyond the previously agreed ceiling and called for clarity from Washington, warning that tariff uncertainty disrupts global markets and transatlantic trade.
Trump Tariffs News: Crucially, key sectors such as pharmaceuticals, electronics and aerospace goods remain exempt, preserving India’s strengths in high-value exports.
The development comes in the wake of the US Supreme Court’s ruling against the Trump administration’s earlier sweeping tariffs
Katyal questioned the President’s reliance on Section 122 of the Trade Act of 1974 after the Court struck down most of the administration’s prior tariff regime.
Trump says Supreme Court ruling does not alter India trade framework; signals tariffs will remain in place