Union Home Minister Amit Shah accused Rahul Gandhi of spreading lies over trade deals and said farmers and fishermen are fully protected. Addressing a rally in Karaikal, he also attacked the previous Congress government in Puducherry over corruption
LoP Rahul Gandhi met farm union leaders at Parliament to plan a national movement against the India-US interim trade deal. Leaders argued the pact threatens corn, soy, and cotton farmers, while Gandhi accused the government of compromising food security
Leader of Opposition Rahul Gandhi launched a sharp attack on the government over the India-US interim trade deal during the Budget debate. He alleged that India’s energy security and farmers’ interests were compromised, calling the agreement a “wholesale surrender”
The first tranche of the India–US trade deal is expected to lower import duties on advanced AI hardware, reduce GPU infrastructure costs and attract large-scale data centre investments, potentially positioning India as a key global hub for AI compute services.
Several farmer organisations, including SKM and AIKS, criticised the India-US trade framework as a threat to Indian agriculture, demanding Commerce Minister Piyush Goyal’s resignation and announcing nationwide protests and a February 12 general strike to oppose the agreement
India has safeguarded sensitive agriculture and dairy sectors in the US trade deal, while Washington reduces tariffs on Indian goods from 50% to 18%. Labour-intensive sectors like apparel, footwear, and jewellery are set to benefit, with a joint statement to be issued soon
The India-US trade deal is expected to help stabilise the rupee, narrow the current account deficit and boost foreign direct investment, according to a report. Improved market access and tariff certainty could support exports, manufacturing investment and medium-term economic growth
Prime Minister Narendra Modi on Tuesday said self-confidence is the key force that makes everything possible and will help realise the dream of Viksit Bharat. His remarks came hours after India and the US announced a trade deal reducing tariffs on Indian goods
The Indian rupee gained 49 paise to 89.17 against the US dollar on Monday, aided by equity market gains, RBI intervention, and falling crude prices. Analysts warn of potential weakness ahead of an expected India-US trade deal by December-end.
President Donald Trump said India and the US are still negotiating a trade deal despite his tariff threats, citing high tariffs and BRICS issues, with a final decision expected this week.
