India and the US are close to finalising the first tranche of a bilateral trade agreement by July, Commerce Minister Piyush Goyal said. The deal aims to boost market access, strengthen economic ties, and expand cooperation between both nations
US Secretary of State Marco Rubio reaffirmed strong India-US strategic ties, highlighting cooperation on counter-terrorism, critical minerals, supply chains and emerging technologies. During talks with S. Jaishankar, Rubio described India as one of America’s most important global strategic partners
To Lam urged deeper India–Vietnam cooperation in AI, semiconductors, and green technology during a business forum in Mumbai. He highlighted shifting global supply chains and called for stronger economic integration and investment ties
India remains relatively insulated from the West Asia conflict due to strong domestic demand, policy buffers, and public investment, the Finance Ministry said, while warning of inflation, fiscal pressures, and wider trade deficits, with risks hinging on energy supply disruptions and global uncertainties
Experience from 2018-19 shows tariffs get passed on to consumers; the 2025 round may be more inflationary, leaving US consumers with higher prices and fewer choices
Although he did not name it, that was an implied criticism of China, which has suspended the export of speciality fertilisers to India and restricted rare earth materials exports to many countries.
Hyderabad and the sectors it represents would be used very much as a base for future collaboration, UK’s Minister of State (South Asia & the Commonwealth) Lord Tariq Ahmad said
