From the Sensex firms, Tata Steel, Power Grid, NTPC, Kotak Mahindra Bank, Reliance Industries and Adani Ports were among the biggest gainers. Asian Paints and Tata Consultancy Services were the only laggards.
If India caves in to US pressure as Trump hopes it will, he will further try to blackmail it into submission, points out Ramesh Menon.
Here is a list of Q & As to explain these issues and implications of the US move.
In a major development, India and the US have agreed to end six trade disputes at the WTO through mutually agreed solutions, while New Delhi will remove retaliatory customs duties on certain American products such as almonds, walnuts, and apples.
'Pakistan is no longer a front-burner issue for America.'
India and the United States will finalize the contours, schedule of negotiations, and terms of reference for a proposed bilateral trade agreement (BTA) during a three-day meeting beginning Tuesday. The agreement is expected to be finalized in two tranches, with the first phase focusing on goods trade. The US team, led by Assistant US Trade Representative for South and Central Asia Brendan Lynch, will be in India from March 25-29 to discuss the agreement. Both countries are aiming to conclude the first phase of the agreement by fall 2025.
ICC leaders in Pakistan to secure World Cup participation
An ultra-violent film about violence, Kill's greatest accomplishment isn't its death count alone but to challenge our perception of violence, observes Sukanya Verma.
Soured political relations between India and Pakistan have complicated matters
"Tata Steel now anticipates that the effective date of the scheme of arrangement will be around the end of March or the first week of April 2007," it added.
The Trump administration wants Prime Minister Modi to lower the trade barriers and embrace "fair and reciprocal" trade.
The announcement came amidst high tensions between the US and China.
'New Delhi and Washington are now on the same page, on dealing with growing Chinese assertiveness, across the entire Indo-Pacific region,' notes Ambassador G Parthasarathy, Chancellor, Central University of Jammu.
ICICI Bank was the top gainer in the Sensex pack, surging 4.64 per cent, followed by Axis Bank at 3.86 per cent and SBI 2.53 per cent.
Panagariya urged the government to undertake labour law reforms and make land acquisition more flexible to attract the multinationals.
This is a high-stakes strategic conflict between a power which wants to preserve the status quo in its favour and one which wants to usurp that throne. The rest is all theatre, says Harsh V Pant.
Sensex lost 76 points to end at 25,589 while Nifty shed 23 points to end at 7,649.
'We need to be in a perpetual state of aggression, and able to swiftly change the goal posts to keep Pakistan in a state of imbalance,' argues Sanjeev Nayyar.
This is the time when the US would need the conceptual strategic thinking of a Henry Kissinger, able to ally diplomatic skills with a well-conceived worldview of what the emergence of a new balance of forces will mean for a US whose ability to shape global events has definitely declined but still exists, says Claude Smadja.
Sanjeev Nayyar suggests 16 measures by which we can tackle our unrelenting and untrustworthy neighbour.
With the Rio Olympics less than three weeks away, the IOC on Monday promised "the toughest sanctions available" after a report found Moscow had concealed hundreds of positive doping tests in many sports ahead of the Sochi winter Games.
Girls in the Kashmir valley hurling defiance at the security forces will detract from the legitimacy of India's response and its standing in the world, says Ajai Shukla.
Power2SME, a one-stop shop for sourcing and buying raw materials for SMEs, is the only B2B firm in this space.
'If we play our cards right, we may even benefit from the competition between the US and China as seen from increased investment from each of these countries into India.' 'The size of our market gives us an important lever of power which we shall have to play adroitly and intelligently,' points out Ambassador Gautam Bambawale -- who served as India's envoy to China -- in the Professor V M Dandekar Memorial Lecture 2019, delivered on March 8, 2019 in Pune.
