India's major imports from the US include crude oil and petroleum products, gold and jewellery, plastics, aircraft, and electrical machinery and components. The key exports to the US comprise pharmaceuticals and biologicals, telecom equipment, precious and semi-precious stones, petroleum products, gold and precious metal jewellery, and ready-made garments.
'As negotiations continue, the path forward demands not only diplomatic skill, but also vigilance against legal asymmetries embedded in America's trade playbook.'
India's proposal to impose retaliatory import duty on certain US products in response to American tariffs on steel and aluminium could cast a shadow over ongoing negotiations for a trade agreement between the two countries, think tank GTRI said on Tuesday. The Global Trade Research Initiative (GTRI) said that if the US engages in consultations with India on the matter or withdraws tariffs, a resolution may be reached.
Elihu Yale rose up the ranks of the East India Company to become governor of Madras and is the controversial benefactor after whom Yale University is named.
India's External Affairs Minister S Jaishankar has called on Europe to display sensitivity and mutuality of interest for deeper ties with India, stating that New Delhi seeks partners, not "preachers." Jaishankar emphasized the importance of "Russia realism" in India's foreign policy, highlighting the natural complementarity between India and Russia as a resource provider and consumer. He criticized attempts by the West to address the Russia-Ukraine conflict without Russia's involvement, arguing it "challenged the basics of realism." Jaishankar also stressed the importance of finding common ground with the US, suggesting that focusing on mutuality of interest rather than ideological differences is key to successful engagement.
India and the US will sit together in the next couple of weeks to decide on the nature of the proposed trade agreement and finalise its broad contours, a senior official said on Monday. During the recent visit of Prime Minister Narendra Modi to Washington, India and the US announced to more than double the two-way commerce to $500 billion by 2030 and negotiate the first tranche of a mutually beneficial, multi-sector bilateral trade agreement (BTA) by fall of 2025.
Committing assault, theft or burglary in the United States won't just cause legal issues but could also lead to a visa being revoked and make that person "ineligible" for future US visas, the country's embassy in India has said.
The Finance Ministry's annual report has revealed that the US Agency for International Development (USAID) funded seven projects worth USD 750 million in India during the 2023-24 fiscal year. The projects, implemented in partnership with the Indian government, cover areas like agriculture and food security, water and sanitation, renewable energy, disaster management, health, sustainable forests, and climate adaptation. This disclosure comes amidst controversy over USAID's alleged role in influencing Indian elections, with claims that the agency allocated USD 21 million to India for 'voter turnout'. However, the report clarifies that no funds were dedicated to enhancing voter turnout.
'...it should not delude itself into thinking that India's security or its great-power ambitions will be advanced by those partnerships.'
'Instead, what India should focus on is on riding out the next three-and-a-half years of Trump's presidency with minimal damage to itself.'
India has accused Pakistan of breaching an understanding reached earlier on Saturday to stop military actions. Foreign Secretary Vikram Misri said there have been repeated violations of the understanding since the evening, and that the Indian armed forces are giving an appropriate response.
On his 200th birth anniversary, Utkarsh Mishra traces the life, thought, and legacy of Dadabhai Naoroji, the Grand Old Man of India.
The Supreme Court has questioned the central government about the possibility of constructing a border wall to prevent illegal immigration, drawing parallels with the US border policy. The court also addressed concerns about the detention and deportation of Bengali-speaking migrant workers.
'And then the people who call themselves great nationalists, I can bet you that 99 per cent of them are dodging taxes, have sent their kids to America, or are doing everything to make sure that what goes on in this country doesn't affect their personal wealth or their whatever bull*&$%.'
It would be a challenge to India's policy makers how to deal with Trump so that mutual economic growth remains sustained and mutual understanding on global issues are not hampered, observes Dr Rajaram Panda.
Prices for Indian consumers are expected to come down significantly from the current Rs 17,000-Rs 26,000 monthly.
Call centres, once the engine room of India's BPO exports, are evolving too. Depending on the complexity, 30 to 50 per cent of voice and chat volumes are now handled by conversational AI.
The festival's People's Choice Award, voted by the audience, is a strong indication of films that can eventually be nominated and even win Oscars. Twelve of the last 15 People's Choice winners have received Best Picture Oscar nominations.
According to the New York Post, the woman, identified as Simran, arrived on a flight from India on June 20. Surveillance footage shows the woman looking at her phone and seemingly waiting for someone, police said.
The US remained India's largest trading partner for the fourth consecutive year in 2024-25 with bilateral trade valued at $131.84 billion, while the country's trade deficit with China widened to $99.2 billion during the same period, government data showed. In the last fiscal, India's exports to China contracted 14.5 per cent to $14.25 billion as against $16.66 billion in 2023-24. The imports, however, rose by 11.52 per cent in 2024-25 to $113.45 billion against $101.73 billion in 2023-24.
India and the US have concluded the fifth round of talks for the proposed bilateral trade agreement (BTA) in Washington. Both sides are looking at finalising an interim trade deal before August 1. Issues related to agriculture and automobiles figured during the negotiations.
India and the US have finalised the terms of reference outlining the roadmap for negotiations of the proposed Bilateral Trade Agreement (BTA), according to a statement issued by the US. US Trade Representative (USTR) Jamieson Greer said that these ongoing talks will help achieve balance and reciprocity by opening new markets for American goods and addressing unfair practices that harm US workers.
'Many global investors have been overweight on dollar assets, so some diversification or hedging is naturally expected.'
Indian carriers are grappling with severe operational disruptions after Iran launched missile strikes on the US military base in Qatar late Monday. This led to airspace closures for long hours in parts of West Asia. Iran, Qatar, the UAE, Bahrain, and Kuwait shut down their skies following the attack, forcing airlines to cancel, divert, or delay flights through these vital corridors.
Investors in India's information technology (IT) companies are likely in for more pain ahead as muted earnings for the first quarter of 2025-26 (Q1FY26) play spoilsport at the bourses in the worst-performing sector this year amid macro uncertainties. Investors, analysts suggest, can look for better opportunities in the markets as things stand.
State governments have requested the Centre for export incentives, lifting of import duty in the case of cotton for the textile sector and GST exemptions.
Earlier, Trump has already talked about slapping "100 per cent tariffs" on the BRICS grouping, a bloc that includes India as well.
Acutely conscious that he's left with less than four years to create his legacy, Trump is undoubtedly a man in a hurry, observes Ambassador M K Bhadrakumar.
'Due to tariff uncertainty, automotive customers reduced their steel uplift by almost 15 per cent.'
The BAPS Hindu temple in Chino Hills, California, was desecrated, marking another incident targeting Hindu temples in the United States. The Bochasanwasi Akshar Purushottam Swaminarayan Sanstha (BAPS) condemned the act and called for unity against hate, while the Coalition of Hindus of North America (CoHNA) demanded a thorough investigation and highlighted a pattern of such incidents in recent years.
President Trump threatens to impose a 10% tariff on countries aligning with BRICS anti-American policies. This follows BRICS criticism of increased tariffs. Trump also announced tariff letters to various countries.
India briefed envoys of around 45 nations on the Pahalgam terror attack and its link to cross-border terrorism. The envoys were briefed in two batches by senior officials of the Ministry of External Affairs (MEA). India also announced punitive measures against Pakistan, including expulsion of Pakistani military attaches, suspension of the Indus Water Treaty of 1960 and immediate shutting down of the Attari land-transit post. Pakistan responded by shutting its airspace to all Indian airlines and suspending trade with New Delhi.
India's Yuki Bhambri and his American partner Robert Galloway entered the third round in the men's doubles at Wimbledon, beating Portugal's Nuno Borges and America's Marcos Giron at the All England Club on Saturday.
'What India has done will surely embolden more countries to stand up to Trump.'
A peace keeping role for India is a distinct possibility. Indian military has both the numbers and experience to carry out this job, observes Colonel Anil A Athale (Retd).
The US embassy, in a brief statement on X also said, "If anyone breaks the US law, they will be punished with "significant criminal penalties".
'In India no matter your lifestyle, you will end up doing the same things as everybody else.'
'Had Haji Pir and/or Skardu been taken, the message would have gone out not just to General Asim Munir and his cohort in the Pakistan army but to the Pakistani people that every terrorist incident in India would lead to substantial loss of territory in PoK.'
'For weeks, months and years, it would continue to be debated if India should have pushed the early advantage and decapacitated Pakistan militarily.' 'India refused to bite the provocatively proverbial bullet and escalate it into a full-fledged war,' notes N Sathiya Moorthy.
An Indian official team is likely to visit Washington next week to iron out differences on certain issues before formally launching negotiations for the proposed India-US bilateral trade agreement (BTA), an official said. The visit, which comes within weeks of a high-level US team visiting India, indicates that the talks for the BTA are gaining momentum.
Pakistan military spokesperson Lieutenant General Ahmad Sharif Chaudhry told a hurriedly called press conference in Islamabad at around 4 am that th Pakistan air force's Nur Khan (Chaklala, Rawalpindi), Murid (Chakwal) and Rafiqui (Shorkot in Jhang district) airbases were targeted.
