US, India and Donald Trump
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A delegation from India is expected to visit the United States soon for trade talks, a government official told reporters, as the two countries look to iron out disagreements over duties for auto components,
India Targets US trade deal by this fall while fast-tracking logistics reforms to improve trade competitiveness and increase its global export share in key sectors.
Focus of Mr. Market is always on the India Inc. earnings performance in the long-term. Tariffs are one of the factors which could impact those, said Vikas Gupta of OmniScience Capital.
A trade deal between India and the United States would be strategically important and could send a strong message to global markets, says former Foreign Secretary Harsh Vardhan Shringla. Speaking to CNBC-TV18,
7hon MSN
The Indian stock market has remained rangebound since June, influenced by uncertainties over a potential India-US trade deal and muted earnings growth. Despite prolonged negotiations and positive signals from Washington,
India's stock benchmarks are poised to open higher on Thursday, supported by expectations of a trade deal with the United States and optimism over June-quarter corporate earnings.
The Indian Rupee (INR) opens higher against the US Dollar (USD) on Thursday. The USD/INR pair drops to near 85.70, while investors await the confirmation of the trade deal between India and the United States (US) to gauge direction.
Prime Minister Narendra Modi’s government is facing domestic pressure to protect India’s politically-sensitive farm sector as the nation scrambles to close a trade deal with the Trump administration and dodge higher US tariffs.
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