The India And The Us Have Been Coming Closer, No Doubt, But There Are Still A Few Differences That Have Proven Hard To Resolve And Held Back Ground-Level Engagement. It Is These Gaps That India’s Prime Minister Narendra Modi And Us President Joe Biden Will Try To Narrow During The Former’s State Visit To America. Areas Of Business Interest Can Serve As Easily Grabbed Fruit To Offset Differences On The Geopolitical Front, Where New Delhi’s Refusal To Align Itself With The Western Compact, Its Neutral Stance On The Russia-Ukraine War, And Increased Purchases Of Russian Crude Oil May Have Let The West Down.
24 Jul 2023Commerce Minister said there has been a delay in hashing out deal with his American counterpart Robert Lighthizer as he's busy with trade negotiations with Japan, ChinaThe two countries slapped higher tariffs on each other's products earlier this year and US withdrew a key trade concession to India
2 min read21 Oct 2019India and the US are negotiating a trade package to iron out bilateral trade issues and promote the two-way commerceDuring his maiden trip to US as MEA, Jaishankar is scheduled to meet his US counterpart Mike Pompeo, US Defence Secretary Mark Esper among others
2 min read30 Sep 2019The GSP programme allows duty-free entry of 1,784 products from India into the USExporters of textiles, engineering, gems and jewellery and chemical products benefit the most from this programme
1 min read5 Mar 2019US President Donald Trump said he intends to end India’s preferential trade treatmentUnder the GSP programme, India exports $5.6 billion worth of goods to the United States duty free
1 min read5 Mar 2019The preferential trade status allowed duty-free entry of about 2,000 products into the USIndia was among the largest beneficiaries of the program
1 min read5 Mar 2019India, US have resolved most of their bilateral trade disputes, the report said, though agreements on some issues have yet to be finalised
1 min read15 Oct 2018India is a very valuable ally, says US President Donald Trump's top economic adviser Larry Kudlow, but refused to divulge details of a India-US trade deal
1 min read11 Oct 2018US President says India wants a free trade agreement on the likes of the USMCA
4 min read2 Oct 2018India is likely to find a Donald Trump-led US a less yielding partner in the quest to reach $500 billion in bilateral trade
4 min read15 Mar 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared