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.