US Deputy trade rep to visit India as both nations eye December deal

Senior American officials are visiting India to strengthen political and trade partnerships. Discussions will cover regional security and economic cooperation. A key focus will be innovation in US-India research. Trade talks for a bilateral agreement will also commence. Both sides aim to finalize the first part of the trade pact by year-end.

The meeting is important as both sides are eager to conclude the negotiations as early as possible. The team, led by EU’s Directorate-General for Trade Sabine Weyand, is here to iron out differences on issues pertaining to both goods and services. They have fixed the year-end deadline to conclude talks.

Every CEO I speak to believes AI is transformative. The debate is not whether it will reshape industries but how dramaticallyDavid Bach President, IMD

The Indian rupee is under pressure and could soon slip below the 90 threshold against the dollar. This forecast stems from a burgeoning trade deficit and lukewarm investment climate. The urgency for a trade pact with the US is more pronounced than ever.

October coal imports saw a mixed trend. Overall shipments fell as domestic supply increased. However, coking coal imports rose significantly. Steel mills restocked for winter. Future imports are expected to be subdued due to higher domestic production.

India and the United States are set to begin three-day trade talks in New Delhi on December 10 to finalise the first phase of their proposed bilateral trade agreement. The discussions, led by US Deputy Trade Representative Rick Switzer, are crucial for addressing reciprocal tariffs and boosting bilateral trade, which aims to reach $500 billion […]

Russia has ramped up its fertilizer exports to India, now commanding a staggering 26% of the subcontinent’s fertilizer imports. This surge contributes significantly to an economic alliance, with Russian fertilizers increasingly finding their place in BRICS nations. S

Indian companies can fill the void left by Western firms exiting Russia. Roscongress Foundation CEO Alexander Stuglev expressed optimism about this potential. India and Russia aim to boost bilateral trade to USD 100 billion by 2030. Sectors like pharmaceuticals, IT, and energy offer significant growth opportunities. Russian e-commerce platforms are being showcased to aid Indian […]

India and the United States are actively discussing a trade agreement. Recent US tariff changes affect Indian exports. Visa policies are also a key discussion point. India emphasizes the importance of skilled talent mobility for both nations. The government is consulting with exporters to assess the impact of US measures. Engagement continues on matters of […]

Russia has guaranteed India uninterrupted fuel supplies, bolstering bilateral ties with multiple agreements signed across various sectors. These include deals on fertilisers, food safety, shipping, and industrial collaboration, alongside commitments to wildlife conservation and expanding trade until 2030.