India and the US have decided to reschedule their meeting to finalize the interim trade pact due to recent developments and implications, including changes in US tariffs.
India will now face a lower reciprocal tariff of 10 per cent, down from 25 per cent, after US President Donald Trump announced a new global levy on items imported into America in the wake of the Supreme Court verdict against his sweeping duties on several nations.
Lavrov's comments came two days after Russia accused the US of attempting to prevent India and other countries from buying Russian oil, saying Washington was using a wide range of 'coercive' measures, including tariffs, sanctions and direct prohibitions.
The Indian government has not yet responded to Trump's comments yet.
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.
The turning point came with the appointment of Sergio Gor as the US ambassador to India.
Indian exports to the US will face a 10% tariff, down from 25%, for 150 days following a US Supreme Court ruling. However, uncertainty persists due to potential further tariff hikes and long-term implications.
Prime Minister Narendra Modi's upcoming visit to Israel is facing political complications as opposition leader Yair Lapid threatens to boycott his parliamentary address unless the Supreme Court chief is invited, adhering to standard protocol.
Private-sector oil refiner Reliance Industries Limited (RIL) last week received a general licence from the United States (US) government to buy Venezuelan oil, an industry executive said.
India and the US have entered a new phase in their relationship, marked by greater parity, point out Harsh V Pant and Vivek Mishra.
Deputy Chairman of Russia's National Security Council Dmitry Medvedev claims military victory in Ukraine is visible and emphasizes the need to plan for the aftermath. He also comments on Donald Trump's desire to be seen as a peacemaker.
'In my experience of politics, I have seen political grips and political chokes are mostly hidden. The average person cannot see them,' Rahul Gandhi said.
EU leaders convened an emergency summit in Brussels to address transatlantic tensions as President Trump threatened new tariffs on member States linked to his Greenland acquisition demands.
US President Donald Trump greeted India on its 77th Republic Day, highlighting the historic bond between the two democracies amid ongoing trade tensions.
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.
Congress leader Rahul Gandhi has accused Prime Minister Narendra Modi of being 'anti-farmer' and 'selling' the country through the India-US interim trade deal, vowing to stand strongly with farmers.
Trump repeated the assertion that Sharif had claimed he saved "25 million lives" when he stopped the war between India and Pakistan.
Every UN secretary-general has flagged the financial situation, but Antonio Guterres has issued the direst warning yet, calling it a 'race to bankruptcy and of imminent financial collapse, points out Ambassador T P Sreenivasan.
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.
'For the first time in a hundred years, the army has been taken out of the political equation. And for the first time ever, there is only one man who calls the shots. Not even Mao had this kind of power.'
Silver and gold prices snapped a two-day rebound and declined sharply up to 10 per cent in the futures trade on Thursday amid weak trends in the international markets and a strong US dollar.
United States President Donald Trump on Wednesday said he has great respect for his 'friend' Prime Minister Narendra Modi and they are going to have a good trade deal, according to a media report.
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.
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.
The Congress attacked the Modi government, saying it now seems to be routine that India learns about its government's actions only from Trump or his appointees.
The recent correction suggests that while precious metals hedge geopolitical tension and inflation, they are not immune to sharp short-term corrections and profit-booking.
A bewildered world is at a loss to find bilateral and multilateral measures to stop President Trump from pursuing his vision of a world unabashedly dominated by the United States, points out T P Sreenivasan.
Greer said that India has taken down some digital services taxes and is moving tariffs down.
The agreement addresses non-tariff barriers and promotes increased trade in technology products and cooperation between the two countries.
Greenland faces escalating tensions following US President Donald Trump's controversial demand for acquisition of the Arctic island.
Danish military reinforcements arrived in Nuuk on January 18-19, 2026, as thousands of Greenlanders and Danes protested Trump's proposal.
Technology Innovation: Sword or Plough looks at key moments in recent history, noting how key technological changes at pivotal moments had unimaginable consequences, both positive and negative. It makes for enjoyable and insightful reading.
Trump has made similar claims many times since May 10 last year, stating that it was his pressure that led to peace between the two nuclear-armed neighbours as he makes his pitch for the Nobel Peace Prize.
'Based on the joint statement, a formal agreement will be drafted, which may take a month or month-and-a-half to finalise. We aim to sign the formal agreement by mid-March.'
Trump later boarded another aircraft and continued on with his trip to the World Economic Forum in Davos.
Modi also said that President Trump's leadership is vital for global peace, stability, and prosperity.
Glimpses of nationwide protests in US cities, January 30, 2026, against the US Immigration and Customs Enforcement (ICE) and US President Donald Trump's immigration policies following the fatal shootings of Renee Nicole Good and Alex Pretti by US federal immigration agents.
The TVS Orbiter works best as a city scooter with good range and comfort, but it quickly runs out of steam on steep climbs.
Prime Minister Narendra Modi stayed calm, avoided public confrontation, and focused on India's long-term interests to steady ties with the United States.
David Perdue said in a post on X that the US-India relationship delivers real results through close cooperation in diverse areas, including defence, energy and through Quad engagement.
Rahul Gandhi said that had an INDIA Bloc government negotiated the trade agreement with the US, it would have told US President Donald Trump that he should treat India as an equal.
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