India and the US have agreed to a trade deal that will see Washington reduce reciprocal tariffs on Indian goods from 25% to 18%, according to US President Donald Trump. The deal also includes commitments from India to reduce tariffs and non-tariff barriers against the US and to increase purchases of American products.
India has joined the US-led 'Pax Silica' alliance, aimed at building a resilient supply chain for critical minerals and artificial intelligence, marking a significant step in strengthening bilateral ties and fostering economic security.
Stock market benchmark indices Sensex and Nifty ended 2.5 per cent higher on Tuesday after India and the US agreed to a trade deal under which Washington will bring down the reciprocal tariff on Indian goods to 18 per cent.
Trump announced that India and the US agreed to a trade deal under which Washington will charge a reduced reciprocal tariff on Delhi, lowering it from 25 per cent to 18 per cent.
The White House has revised a fact sheet on the interim trade deal between the United States and India, removing the reference to "pulses" from the list of American products on which India would eliminate or reduce tariffs. The revised sheet also changed "committed" to "intends" regarding India's purchase of American products.
India will be hoping that Abhishek Sharma returns to his destructive ways and the other batters up their game against spin when the side takes the field for its final T20 World Cup league fixture against the Netherlands.
India all-rounder Washington Sundar was on Wednesday ruled out of the five-match T20 series against New Zealand due to a side strain.
'China continues to perceive its relations with India through the prism of India-US relations, with the US using India to counter balance against China in the Indo-Pacific and beyond.'
India will maintain multiple sources for crude oil purchases and diversify them to ensure stability in the supply chain with national interests remaining the "guiding factor" for the procurement, Foreign Secretary Vikram Misri said.
The storm has prompted widespread travel disruption, including mass flight cancellations and warnings to motorists to stay off icy roads, while at least 20 states and Washington, DC, declared states of emergency.
US President Donald Trump greeted India on its 77th Republic Day, highlighting the historic bond between the two democracies amid ongoing trade tensions.
Washington ruled out of T20I series against NZ; Bishnoi, Iyer added to squad
What began as a mentor-protege relationship between UAE President Mohammed bin Zayed and Saudi Crown Prince Mohammed bin Salman has now evolved into a broader contest over influence, strategy, and leadership in the Middle East, points out Asif Ullah Khan.
The India-US ties witnessed a major downturn after President Trump slapped a whopping 50 per cent tariff on Indian goods, including a 25 per cent punitive levy over Russian oil purchases.
India has clarified its position on the proposed interim trade agreement with the US, stating that the joint statement remains the basis for mutual understanding. Amendments to a White House fact sheet reflect shared understandings, with both sides working towards finalizing the agreement.
Donald Trump is claiming he prevented a war between India and Pakistan, a statement that has been repeatedly made by the former US President despite denials from India.
The turning point came with the appointment of Sergio Gor as the US ambassador to India.
The threat of wars hovers over the negotiations in Oman, but the good part is that Trump called the talks to be 'very good' and Iran's President Masoud Pezeshkian responded that they 'constitute a step forward', points out Ambassador M K Bhadrakumar.
Prime Minister Narendra Modi stayed calm, avoided public confrontation, and focused on India's long-term interests to steady ties with the United States.
Washington Sundar has been ruled out of the ODI series against New Zealand after suffering a rib injury in the series opener in Vadodara.
'After the Galwan clash, the rules of engagement changed with the army commanders allowed to use any means at their disposal as they deem fit for tactical operations.'
Who do you think should be part of India's playing XI for the T20 World Cup match against Pakistan?
Congress leader Jairam Ramesh raised the issue of the Indo-US trade deal soon after the zero hour ended and alleged that the information about the deal was being received from Washington instead.
If there's one thing the launch of Variety magazine's India edition proved, it's that Bollywood couples don't just arrive, they make an appearance.
Indian pacer Mohammed Siraj is likely to replace Harshit Rana in the T20 World Cup squad after Rana sustained an injury during a warm-up match against South Africa.
In the Indo-Pacific's new era -- where perception shapes reality faster than treaties -- the real entrapment is not of China or the United States. It is the test Japan has set for itself -- and whether partners like India, acting as balancers rather than accelerants, can help ensure that the story ends in stability, points out Varun Arya.
Replacing over a third of India's oil imports at competitive rates is going to be a challenge, said traders from State refiners, even though some progress was made in the last two months.
Delhi all-rounder Ayush Badoni joined the Indian team in Rajkot on Wednesday but will have to wait for his India debut.
In the wake of the FTA between India and the European Union, the United States has described the Europeans as 'very disappointing', saying they were unwilling to join Washington, DC in putting tariffs on New Delhi for its purchases of Russian oil because of this trade deal.
The Namibia match could be a God-sent opportunity for an out-of-form Sanju Samson to get into run-scoring mode after a string of failures that saw him lose his place to Ishan Kishan, who is going through a purple patch.
Benchmark indices Sensex and Nifty ended marginally higher on Wednesday as a sharp decline in IT blue-chip stocks restricted the rally in the markets.
A trade deal makes sense only if it is fair and reciprocal. If the cost is strategic dependence or loss of policy space, waiting is the wiser option, asserts Ajay Srivastava.
The finance minister said that consolidation of state-owned banks could proceed at any time without waiting for the recommendations of the proposed high-level committee on banking.
United States President Donald Trump has brushed aside French President Emmanuel Macron's call for an emergency G7 meeting amid escalating tensions over Washington, DC's push to acquire Greenland, while Europe has warned of retaliatory trade action against US tariff threats.
What began as routine on-field communication during the first ODI in Vadodara on Sunday soon turned into a talking point, as a brief stump-mic moment sparked playful banter among commentators.
The Indian government informed the Rajya Sabha that over 3,800 Indian nationals were deported from the US in 2025. The government is working with US authorities to ensure humane treatment during deportation operations and is taking action against illegal recruitment agents facilitating illegal immigration.
Several farmer organisations in India are protesting the proposed India-US trade deal, expressing concerns about its impact on the agriculture sector and demanding the resignation of the Commerce Minister.
Trump has repeatedly asserted that Greenland is important to safeguard the US from Russia and China's presence in the Arctic Ocean, and has demanded that the Kingdom of Denmark sell the self-governed territory.
India's Washington Sundar has joined Hampshire for their last two match of the 2025 Championship campaign, the English county side announced on Thursday, weeks after the all-rounder emerged as one of the breakout stars of the Test series against England.
The Kremlin states it has not received confirmation from India regarding a halt to Russian oil purchases, following claims made by former US President Donald Trump. Russia affirms its commitment to strengthening relations with India.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances