Thursday, July 10, 2025

Creating liberating content

Content creator Rachel D’Cruz transformed an Indian sofa cover into

Omar Marques | Lightrocket | Getty Images Microsoft‘s Outlook email

Related News

Content creator Rachel D’Cruz transformed an Indian sofa cover into a stunning backless dress, showcasing creativity and patience. The DIY project, initially estimated to take 30 minutes, evolved into a

The average long-term mortgage rate in the US edged higher this week, ending a five-week streak of easing borrowing costs that had offered some relief to prospective homebuyers.According to mortgage

Omar Marques | Lightrocket | Getty Images Microsoft‘s Outlook email service malfunctioned for several hours Wednesday and Thursday, prompting some people to post on social media about the inability to

RBI Governor Sanjay Malhotra on Thursday briefed the Parliamentary Standing Committee on Finance on the state of the Indian economy, assuring lawmakers that the country was performing well despite global

Investor confidence in India’s unlisted securities market has taken a hit after HDB Financial Services’ Initial Public Offering was priced significantly below grey market expectations. The impact has rippled across

MUMBAI: Clean Fanatics, a premium marketplace specialising in high-quality home services has raised $2 million in a seed round led by Inflection Point Ventures. The round also saw participation from

Trending News

Investor confidence in India’s unlisted securities market has taken a hit after HDB Financial Services’ Initial Public Offering was priced significantly below grey market expectations. The impact has rippled across

The rupee ended 3 paise higher at 85.70 against the US dollar on Thursday, supported by optimism over a possible US-India trade deal, even as equity markets closed in the

US stocks started on a cautious note Thursday despite a surge in airline shares led by Delta Air Lines, which posted strong quarterly results and raised its outlook for the

Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old US cereal company WK Kellogg in a deal valued at approximately $3.1 billion. The Ferrero Group

Unemployment benefit claims in the United States dipped last week,falling to a historically healthy range over the past couple years. These figures offer another sign of strength in the country’s

Companies that rank highest on diversity are delivering a clear financial edge, with a new study showing that inclusive firms recorded nearly 50% more profit after tax (PAT) than their

Govt eyes a win-win trade deal with US

Word Count: 688 | Estimated Reading Time: 4 minutes


Govt eyes a win-win trade deal with US

NEW DELHI: Indian government is hopeful of working out a win-win trade deal with the US after PM Narendra Modi and US president Donald Trump signalled early Friday that a bilateral agreement will be in place by fall 2025. “If you look at our trade basket, India’s exports are very different from what we import from the US. So, it will be beneficial for both the countries,” a senior govt official told TOI.
An Indian official said the deal will see import duties being cut on both sides, something that will help blunt the impact of reciprocal tariffs. Besides, removing non-tariff barriers is also part of the negotiating agenda.
The said India would look to increase the import of American oil, gas and defence equipment to address Trump’s concern over the trade deficit. Already, some of the concerns over tariffs on products that are of interest to the US, such as Harley Davidson bikes, bourbon whiskey and Californian wine, have sought to be addressed over the last two weeks through reduction in import duty – something that the two leaders also took note of in the joint statement released after their meeting at the White House

Poll

What Excites You the Most About the India-US Trade Deal?

Going forward, there could be reduction in levies on products such as pecan nuts and some other farm products that India is importing, not necessarily from the US.
“Both sides also pledged to collaborate to enhance bilateral trade by increasing US exports of industrial goods to India and Indian exports of labour-intensive manufactured products to the US. The two sides will work together to increase trade in agricultural goods,” the joint statement said.
For India, services are the other area of interest, although it is unclear if that will be part of the trade deal that is to be negotiated in next few months. Visas for Indian workers and professionals will be the other area of interest for govt, but that may be something on which Trump has domestic sensitivities.
On goods side, India will seek to push products such as textiles and leather, some of which attract duties which are as high as 40% in the US.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account