India's merchandise exports to the US rose by 16.93 per cent to $8.83 billion in May, while imports dipped by 5.76 per cent to $3.62 billion during the month, according to the commerce ministry data. During April-May, the country's exports to the US increased by 21.78 per cent to $17.25 billion, while imports rose by 25.8 per cent to $8.87 billion, the data showed.
A team of US officials is expected to visit India in the coming weeks for the next round of discussions on the proposed interim trade agreement between the two countries, sources said. The visit gains importance as India and the US are likely to agree on an interim trade agreement before July 9, with New Delhi pushing for full exemption from the 26 per cent reciprocal tariff on domestic goods.
Commerce and Industry Minister Piyush Goyal will lead a team of senior Indian officials to Washington starting May 16 for discussions with their US counterparts on the proposed bilateral trade agreement (BTA), an official said on Tuesday. Goyal is expected to hold meetings with US Trade Representative (USTR) Jamieson Greer and US Commerce Secretary Howard Lutnick during his visit.
A team of senior officials from India will again visit Washington this month to hold discussions with their US counterparts on the proposed bilateral trade agreement (BTA), government sources said on Thursday. To give impetus to the talks, India's chief negotiator Rajesh Agrawal, special secretary in the Department of Commerce, and Assistant US Trade Representative for South and Central Asia Brendan Lynch had last month held three-day talks in Washington.
India and the US desire to give preferential market access to each other's businesses and teams of both the countries are working together on the proposed bilateral trade agreement, Commerce Minister Piyush Goyal has said. In February, US President Donald J Trump and Prime Minister of India Narendra Modi announced plans to negotiate the first tranche or phase of a mutually beneficial, multi-sector Bilateral Trade Agreement (BTA) by fall (September-October) of 2025.
Indian and US officials will begin deliberations on the proposed bilateral trade agreement in Washington from Wednesday with an aim to iron out issues and give an impetus to the negotiations.
The CII Business Summit 2025's inaugural session witnessed a rousing standing ovation and a felicitation ceremony for the defence top brass sending a strong message about India's rising military industrial complex and hghlghting that security is a top-of-the-mind issue for India Inc.
As in-person negotiations between India and the US kickstarted on Wednesday, Treasury Secretary Scott Bessent said he expected India to strike the first bilateral trade deal to avert President Donald Trump's reciprocal tariffs.
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.
The Indian industry is paranoid about the USA's plan to impose reciprocal tariffs and wants early conclusion of a bilateral trade agreement, sources said on Wednesday. They said that the talks for the proposed bilateral trade agreement are going well.
Senior officials of India and the US will begin three-day talks on the proposed bilateral trade agreement in New Delhi on Wednesday amid threats of reciprocal tariffs from the Trump-administration, an official said. To formally start the negotiations on the pact, Assistant US Trade Representative for South and Central Asia Brendan Lynch, along with a team of officials, is in New Delhi.
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.
Navendu Mishra (Stockport) and Nadia Whittome (Nottingham East) were among the other Labour MPs re-elected with convincing majorities.
Nine out of 13 ministers in the Bhupesh Baghel-led Congress government in Chhattisgarh have suffered defeat in the state assembly polls.
As results were declared for assembly elections in four states -- Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana -- here are how some of the prominent candidates fared.
Sunak, 44, was facing the impossible challenge of overcoming voter anger against the incumbent Tories after 14 years in power. The 61-year-old Keir Starmer-led Labour Party, meanwhile, maintained a strong lead over the Tories throughout the six-week campaign.
The two tribal dominated divisions of Surguja and Bastar having 26 assembly seats that contributed hugely to the Congress' landslide victory in Chhattisgarh in 2018 have swung to the Bharatiya Janata Party this time.
For the first since the formation of Chhattisgarh in 2000, the new assembly will not have any MLA belonging to erstwhile royal families as all seven candidates fielded by the Congress, the Bharatiya Janata Party, and the Aam Aadmi Party bit dust.
The Bharatiya Janata Party on Sunday wrested power from Congress in Chhattisgarh, winning 54 of the 90 seats in the state assembly, while the grand old party got 35 seats, a far cry from the 68 it bagged in the last elections.
The ruling Congress, voted to office in 2018 after 15 years in opposition, and the Bharatiya Janata Party are the main contenders for power in the state, where the Aam Aadmi Party, the Bahujan Samaj Party and some regional outfits are also in the fray.
In both of these Hindi heartland states, the straight contest between the ruling Bharatiya Janata Party and the opposition Congress.
Congress leader Rahul Gandhi told British parliamentarians in London on Monday that functioning microphones in the Lok Sabha are often silenced against the Opposition.
The Central Bureau of Investigation on Wednesday arrested the co-owner of Micromax mobiles and another top executive of the company while they were allegedly giving Rs 30 lakh bribe to the engineers of North Delhi Municipal Corporation for clearance to a banquet hall construction.
Land in India devoted to soyabean production is expected to rise by 10 to 15 per cent this winter, with farmers eager to shift from other crops in the hope of better prices, a top industry official said on Wednesday.\n\n\n\n
The probe agency had earlier attached a Delhi farmhouse in connection with its money laundering probe against Bharti and her husband, Shailesh Kumar.
The farmhouse, located at 26, Palam farms in south Delhi's Bijwasan area has been attached provisionally under the Prevention of Money Laundering Act.
The ED had on December 23 filed its final report against Bharti and her husband Shailesh Kumar through advocate Nitesh Rana.
The Railway Board and employees at Integral Coach Factory in Chennai, makers of the train, are at loggerheads over the proposed transfer of design and reassigning the manufacturing of Train 18 to Modern Coach Factory in Raebareli.
India is the largest recipient of remittances in the world, with $71 billion sent last year.
The ED has now seized the property, agency sources said.
The aim was to skill 1 crore by 2020.
The ED opposed the bail plea of the accused, saying they indulged in a "very serious" economic offence.
Queen Elizabeth II had an impromptu lesson in Indian dance mudras, or ritual hand gestures, when the 90-year-old monarch met celebrated dancer and choreographer Arunima Kumar at the Buckingham Palace.
From farmers to cement, steel, logistics, transportation and automobiles, the back-end is struggling to get going due to the liquidity crisis.
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