(AP photo) NEW DELHI: Duty concessions to American whiskey and wine are unlikely to have any major impact on Indian companies. To begin with, it will come with a minimum import price which was the case with Australian, European and the UK trade deals. Besides, the volumes are very low, reports Sidhartha. For instance, with...
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Dramatic turnaround: From brink of collapse, PM Modi & Trump deliver a deal
NEW DELHI: Until a couple of months ago, a trade deal with the US did not seem to be on the horizon. India refused to back Donald Trump’s claim of having brokered the pause of Operation Sindoor and the Trump administration persisted with its crude fulminations against India’s tariffs. US commerce secretary Howard Lutnick seemed...
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The $500 billion question: What will India import?
NEW DELHI: India’s commitment to import $500 billion of goods from the US over five years depends not just on the ability of Indian companies to place orders but also on how quickly American suppliers can cater to the demand.Last year, India imported goods worth $45.5 billion from the US; during the first nine months...
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India-US trade deal: Farmers question import of animal feed, soybean oil
India retained protection on corn and soybean, both GM crops in US, but agreed to import dried distillers’ grains and red sorghum for animal feed, tree nuts, fresh and processed fruits, soybean oil. Farm organisations say DDG comes from GM corn and questioned allowing import of soybean oil. RSS-linked BKS too sought a clarification. Farm...
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Trust has become India’s strongest currency: PM Modi
NEW DELHI: PM Narendra Modi said on Saturday that the interim trade agreement with the US is yet more evidence of the international community’s growing trust in India and said the series of recent trade deals marks country’s transformation from just a huge market to a hub of investment and trade. While addressing a community...
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‘Politically motivated’: Sonia Gandhi slams plea over 1980 voter list inclusion
Sonia Gandhi NEW DELHI: Congress MP Sonia Gandhi Saturday described as “politically motivated and frivolous” a criminal revision petition before a Delhi court against a 2025 magisterial order that declined to order an FIR over alleged inclusion of her name in electoral rolls in 1980, three years before she acquired Indian citizenship. The petition before...
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Tamil literature is eternal and its culture global, PM Modi says in Malaysia
PM Modi in Malaysia KUALA LUMPUR/NEW DELHI: PM Narendra Modi on Saturday chose an Indian community event in Kuala Lumpur to shower praise on Tamil culture and highlight the presence of several Tamilians in key positions in India. The focus on Tamilians was, though, very much in order as they make up an overwhelming majority...
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Govt spent barely 40% of Budget on biggest schemes in 9 months
Government has spent just a little more than 40% of the budgeted amount in its biggest schemes in the first three quarters of the current fiscal and expects to spend less than 75% by the end of the year. These 53 selected schemes are those that had a budget estimate of Rs 500 crore or...
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Ahead of Macron’s visit, DAC likely to meet next week to approve deal for 114 Rafales
Rafale jet NEW DELHI: Ahead of French President Emmanuel Macron’s visit to India for the Artificial Intelligence Summit from Feb 18 to 20, the Defence Acquisition Council (DAC), chaired by defence minister Rajnath Singh, is scheduled to meet in the second week of this month to consider big-ticket defence procurement proposals, a defence source told...
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India, US discuss ways to boost collaboration in critical, emerging defence tech
NEW DELHI: India and the US have discussed ways to strengthen collaboration in “critical and emerging defence technologies” to meet the evolving requirements at a key meeting hosted here, officials said.Defence Research and Development Organisation (DRDO) hosted the 24th Indo-US Joint Technical Group Plenary Meeting in New Delhi on Feb 3 and 4, they said....
