Trump's Impact on India-US Trade Deal and Policy
Analysis of how Trump administration's tariffs influenced India-US trade relations, leading to narrowed trade surplus, increased US crude imports, and domestic policy reforms ahead of the pact.
Category : Business
India to Stop Russian Oil, Buy More from US & Venezuela: Trump
US President Donald Trump announced that India agreed to stop importing Russian crude oil and increase purchases from the US and Venezuela as part of a new trade deal, addressing long-standing friction over energy imports.
Goa Auctions 6 Iron Ore Blocks, Nears Capacity Limit
Goa government auctions six additional iron ore blocks, exhausting 90% of fresh extraction capacity. The state aims to extract 20 million tonnes annually, with new auctions expected to generate Rs 230 crore.
India-US Trade Deal: 18% Tariff, Russian Oil Penalties Gone
India and the US have sealed a major trade agreement, securing an 18% reciprocal tariff rate for Indian exports. The deal also removes previous penal tariffs linked to India's Russian oil imports.
Goa Applies for GI Tag for Traditional Local Salt
The Goa State Council for Science and Technology has filed a GI tag application for Goan local salt, aiming to protect this traditional product and revive declining salt pans through a producers' association.
Halwara Airport to Start Delhi Flights on March 1
Halwara Airport in Ludhiana will commence commercial operations on March 1 with daily flights to Delhi, ending the city's aviation gap and enhancing regional connectivity for Punjab's industrial hub.
BDA Flags 258 Illegal Layouts, Launches Awareness Drive
The Bangalore Development Authority has identified 258 unauthorized layouts across Bengaluru and is launching public notices to educate citizens about legal construction practices and risks of illegal plots.
Air India Dreamliner Grounded After Fuel Switch Issue
An Air India Boeing 787 Dreamliner was grounded in London due to a fuel control switch malfunction during engine start, raising safety concerns post-Ahmedabad crash.
Gold Bull Run Intact Despite Steep Price Pullback
Gold prices plunged nearly 10% in a historic sell-off, but analysts remain bullish, forecasting new record highs above $6,200/oz later this year as the Federal Reserve's expected rate cuts support the metal.
Japan Mines Rare Earths From 6,000m Deep Pacific Seabed
Japan has successfully extracted rare earth minerals from 6,000-meter depths in the Pacific Ocean, marking a strategic breakthrough in securing critical resources amid global supply competition.
Gold, Silver Prices Fall in Bhubaneswar, Buyers Cautious
Gold and silver prices in Bhubaneswar have been declining for four consecutive days, with buyers adopting a cautious wait-and-watch approach despite the ongoing wedding season.
Ponda Agriculture Office Building Nears Completion, March Inauguration
The construction of Ponda's new zonal agriculture office building is nearly complete, with inauguration expected in March. The project, initiated after the old building's collapse, marks a significant infrastructure upgrade for the region.
Goa's Mango, Cashew Yields Set to Rise After Cool Winter
Goa's mango and cashew plantations are experiencing robust flowering this season due to prolonged cool winter conditions, with horticulture experts predicting yield increases of up to 50% compared to last year.
Bhubaneswar Anti-Encroachment Drive Clears IDCO Land
Bhubaneswar Development Authority and Municipal Corporation removed numerous unauthorized structures from IDCO land in Chandaka industrial area during a peaceful eviction drive without police deployment.
Patna Ship Repair Centre, Water Metro Project Unveiled
Bihar government allocates 20,000 sqm land in Patna for a state-of-the-art ship repair facility costing Rs 243 crore. Technical bids open Feb 10, with completion expected in 24 months. A Rs 1200 crore water metro system similar to Kochi's is also planned.
I-T Raids Uncover Rs 80 Crore Undisclosed Income in Jharkhand, Bihar
Income Tax department raids on Baba Group of Industries and rice traders in Jharkhand and Bihar reveal undisclosed income exceeding Rs 80 crore, with seizures of cash, jewellery, stock, and properties.
India-US Trade Deal: Tariffs Cut to 18%, Modi Thanks Trump
US President Donald Trump announces breakthrough trade agreement with India, lowering reciprocal tariffs to 18%. PM Modi welcomes deal, highlighting benefits for Made in India products and bilateral cooperation.
ICE Gets SEC Approval for US Treasury Clearinghouse
Intercontinental Exchange Inc. has received SEC approval to operate a clearinghouse for US Treasuries, introducing competition to the $30 trillion market previously dominated by a single provider.
Bihar's Industrial Growth Outpaces Agriculture in Economic Shift
Bihar's economy is undergoing structural transformation with industrial sectors growing faster, though agriculture remains the backbone. The Bihar Economic Survey 2025-26 reveals significant changes in GSVA composition and rising investments.
Gold, Silver Extend Fall Amid CME Margin Hikes
Gold and silver prices continue their sharp decline as CME Group's increased margin requirements compound market volatility following Kevin Warsh's Fed nomination.
I-T Raids on Baba Group, Rice Traders Uncover Rs 80 Crore
Income Tax department raids on Baba Group of Industries and rice traders in Jharkhand and Bihar have uncovered undisclosed income exceeding Rs 80 crore, with seizures including cash, jewellery, and properties.
Amrit Bharat Express to Link Dhanbad with Coimbatore
The proposed Amrit Bharat Express train between Dhanbad and Coimbatore aims to enhance long-distance rail connectivity between eastern and southern India, with officials highlighting infrastructure upgrades and passenger benefits.
ISM 2.0 Fuels Digital Economy & Job Growth in India
ISM 2.0 initiative signals a major shift towards a digital economy in India, creating new job opportunities and fostering innovation, as highlighted by Supermicro's Country General Manager.
Trump Cuts India Tariffs to 18% in Trade Deal
US President Donald Trump reduces tariffs on India from 50% to 18%, boosting Indian exports. Compare global tariff rates under new US policy.
Patna's Boring Canal Road Transformed into Green Public Space
Patna's Boring Canal Road is being transformed into a vibrant pedestrian-friendly zone with solar-powered fountain, palm tree, and vertical garden. The 80% complete project will finish in 10 days.
India-US Trade Deal: Tariffs Cut to 18%
The long-awaited India-US trade agreement has been finalized with President Trump announcing reciprocal tariff reductions from 25% to 18%. Market experts predict positive impacts on Indian equities, currency stability, and export sectors.
India-US Trade Pact: Tariffs Cut from 25% to 18%
Prime Minister Narendra Modi and former US President Donald Trump have jointly announced a significant India-US trade agreement, reducing tariffs from 25% to 18%, marking a major step in bilateral economic relations.
Mysuru Planning Area May Expand from 519 to 1,200 Sq Km
Mysuru Development Authority proposes expanding its local planning area from 519 sq km to nearly 1,200 sq km to enable coordinated urban planning, but concerns remain about inadequate mass transport infrastructure.
US Cuts India Tariffs to 18% in Major Trade Agreement
The United States has reduced tariffs on Indian goods from 50% to 18% under a new trade deal, giving India a competitive edge over Vietnam, Bangladesh, and Pakistan. The agreement includes India's commitment to purchase $500 billion in US products and shi
Trump's 50% Tariffs on India: Timeline and Deal
Explore the timeline of US-India trade tensions as Trump imposed 50% tariffs over Russian oil purchases, leading to a 2026 deal where India agreed to curb Russian imports and boost US energy purchases.
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