U.S. President Donald Trump commented that trade talks with India are "going good" and hinted at a possible visit to the country next year. Speaking at a White House press briefing, Trump referred to Indian Prime Minister Narendra Modi as "a friend" and a "great man." Key Trade and Sanctions...
U.S.-India Trade Talks Extended
The U.S. trade delegation in India has extended its stay beyond the initial June 5-6 schedule, signaling progress in negotiations ahead of the July deadline for implementing reciprocal tariffs. Officials estimate that most key issues may be finalized within a week. While the tariffs face legal challenges in Washington, both...
India’s Economy Surges Despite Global Uncertainty
India’s economy expanded at an impressive annual rate of 7.4% in the January–March quarter of 2025, surpassing forecasts and reinforcing its position as the fastest-growing major economy. The latest data from the government, released on May 30, showed robust growth driven by strong manufacturing and construction activity. Economists had projected...
India’s Commerce Ministry Strengthens Export Ecosystem
India's commerce minister Piyush Goyal said India is currently engaged with several economies to forge bilateral trade arrangements to create better opportunities for Indian exporters. Goyal made the remarks at a stakeholder consultation meeting with Export Promotion Councils (EPCs) and industry associations "to discuss strategies" for strengthening India's export ecosystem....
Top European Union Officials Visit India to Strengthen Ties
EU Chief Ursula von der Leyen and almost all 26 EU commissioners are visiting India. James Crabtree, of the European Council on Foreign Relations (ECFR) think tank, said, "Building stronger ties with India -- a democracy with increasing global influence -- offers both greater economic opportunity and political appeal." Here are...
US-India Trade Returns to Pre-Pandemic Levels
The two largest democracies in the world, India and the United Stated had their economies buffeted by the impact of the Covid-19 pandemic so it is no surprise that bilateral trade dipped as well. The bright spot was American FDI, Foreign Direct Investment, into India but that was driven largely...