Economy

Amitabh Kant hails India-US interim trade pact; here's why

Updated : Feb 7, 2026

'Strengthens supply chains against China, support Rupee stability': Amitabh Kant says tariff cut to 18% gives India edge in US market

On Saturday, India and the US officially announced a framework for an interim trade agreement, aimed at significantly boosting bilateral commerce through reciprocal tariff reductions.

Whether you are a business owner eyeing the $30 trillion US market or a consumer looking for cheaper American imports like California almonds and premium spirits, this list is your new roadmap.

Updated : Feb 7, 2026

India-US interim trade pact: From diamonds to silk — Full list of products under 18% tariffs

From the glittering diamond hubs of Surat to the textile clusters of Tiruppur, industries that were previously "priced out" of the US market are suddenly back in the game.

The White House also said India and the US have agreed on a framework to expand defence cooperation over the next decade, signalling closer strategic and security ties.

Updated : Feb 7, 2026

Explained: Why the US is lifting additional 25$ duty on India over Russian oil, what New Delhi promised in return, and more

The rollback of duties will take effect from February 7, according to an executive order issued by the White House.

As per the joint statement issued by both countries, US will slash reciprocal tariffs on India from 50 per cent to 18 per cent.

Updated : Feb 7, 2026

'Reflects growing depth, trust, dynamism': PM Modi on India-US interim trade pact, thanks Donald Trump

PM Modi further noted that the India-US interim trade deal framework strengthens the government's flagship 'Make in India'.

Goyal further mentioned that Indian agricultural goods would get preferential access to American markets.

Updated : Feb 7, 2026

'Farmers safe, country developed': Piyush Goyal says India's agri exports to go up

Goyal said that dairy, fruits, vegetables, spices, and other grains have been protected. Check out the list of agricultural goods, vegetables, and spices that the US cannot export to India

In a joint statement, the two countries said that they would "promptly implement this framework" and work toward finalising the interim agreement to achieve a mutually beneficial trade agreement (BTA).

Updated : Feb 7, 2026

Inside the India-US interim trade agreement: Reciprocal tariffs on India to come down to 18%, 0% duty on generic pharma

The details of the much-awaited agreement framework are out -- right from the size of the export market to tariff reductions to protected sectors. Check here

Updated : Feb 6, 2026

Gold, silver prices surge: RBI adds precious metals to inflation monitoring framework with onions, tomatoes

The RBI has cautioned that geopolitical risks, volatility in energy markets, and weather changes could introduce upside risks to inflation in the months ahead.

RBI MPC: Gov Malhotra decided not to change repo rate in the February policy review

Updated : Feb 6, 2026

RBI MPC: Why was the repo rate not changed? Gov Malhotra calls decision ‘appropriate’

RBI MPC announcements: This comes even as RBI reduced policy rate by 125 basis points since February 2025. In the last policy review in December, the RBI trimmed the repo rate by 25 basis points to 5.25 per cent.

RBI MPC: New GDP and inflation series will be out in a few days, says Governor Sanjay Malhotra

Updated : Feb 6, 2026

RBI MPC: Will have new GDP, inflation series in a few days, says Gov Sanjay Malhotra

RBI MPC announcements: “Going forward, the MPC will be guided by the evolving macroeconomic conditions and the outlook based on data from the new series in charting the future course of monetary policy,” said Governor Malhotra.

RBI MPC adjusts FY26 CPI outlook to 2.1%, core inflation stays muted

Updated : Feb 6, 2026

RBI MPC revises FY26 inflation forecast to 2.1%, central bank flags food and global risks

The Reserve Bank of India's Monetary Policy Committee (MPC) has increased its inflation predictions for the first two quarters of fiscal year 2027

RBI MPC: Gov Malhotra said India's GDP growth is expected to be 7.4 per cent this year

Updated : Feb 6, 2026

RBI MPC: Gov Malhotra pegs GDP growth rate at 7.4% this year

RBI MPC announcements: Economic activity is expected to hold well, he said. Trade deals augur well for the economy, said Governor Malhotra.

Updated : Feb 6, 2026

RBI MPC update: Central bank keeps repo rate unchanged at 5.25%, takes neutral stance

RBI MPC meeting today: After the RBI maintained the status quo on the repo rate, BSE Sensex fell 342 points to 82,791 and Nifty slipped 127 points to 25,515 on Friday.

Updated : Feb 6, 2026

RBI MPC: Governor Malhotra to announce monetary policy decision; what to expect

The Sanjay Malhotra-led Monetary Policy Committee (MPC) wrapped up its sixth and final bi-monthly meeting of FY26 on Thursday, with the repo rate decision scheduled to be unveiled later today

Lower tariffs, bigger markets: Panagariya calls India-US-EU deals a historic shift

Updated : Feb 5, 2026

Bigger than Manmohan's 1991 reforms: Arvind Panagariya on why India's US, EU trade deals matter

'From India's point of view, two deals together do actually make the mother and father of all deals – because these are the two largest entities with which we trade globally,' says Arvind Panagaria

Updated : Feb 4, 2026

'India is where I want to invest': BlackRock CEO Larry Fink says next 20-25 years are India's era

India over the next 10-plus years is going to grow from 8-10 per cent, says Fink

SBI’s Geo-Economics Stress Index indicates that global uncertainty continues to remain high, with stress typically transmitting into real economic activity with a lag of three to four months.

Updated : Feb 4, 2026

RBI seen holding rates in February MPC as global uncertainty persists, says SBI Research

The Reserve Bank of India is expected to keep interest rates unchanged at its February MPC meeting as global uncertainty, currency pressures and weak transmission of past easing argue for caution, says SBI Research. The note stated limited headroom is seen for further rate action, with the focus shifting to liquidity management and transmission tools.

Samir Arora breaks down how $500bn trade pledges are managed

Updated : Feb 4, 2026

$500 bn promise vs reality: Helios Capital's Samir Arora cites EU, Korea, Taiwan on how deals are packaged

'Don't know why people are getting hyper on India having to buy $ 500 billion from US. All countries have signed similar long-term intentions,' says Samir Arora

Commerce and Industry Minister Piyush Goyal in Lok Sabha

Updated : Feb 4, 2026

India has succeeded in protecting agri, dairy in US trade deal, MSMEs to gain: Piyush Goyal tells Lok Sabha

India's key sensitivities in the food and agriculture sector have been fully taken into account, Piyush Goyal told Lok Sabha MPs

Commerce and Industry Minister Piyush Goyal

Updated : Feb 3, 2026

'Agri, dairy completely protected': Piyush Goyal says India has got a 'very good' deal with US

The deal will protect the sensitive sectors, the interests of our agriculture and our dairy sectors in full respect, says Piyush Goyal

SBI Research notes that India’s reliance on Russian crude jumped to over 35% in FY25 from negligible levels before 2020, driven by deep post-sanctions discounts.

Updated : Feb 3, 2026

Oil sourcing shift to Venezuela could lower India’s fuel import bill by $3 bn: SBI Report

India could cut its annual fuel import bill by up to $3 billion by diversifying crude oil sourcing away from Russia, according to an SBI Research report, which flags energy savings as a key gain from the India–US trade deal. The report also highlights lower US tariffs on Indian goods, improved export competitiveness and limited inflation risks as major positives for India’s economy.

Just 877 or 0.88% of the 1.13 million companies that filed tax returns for FY24 accounted for two-thirds of India Inc’s profits before tax (PBT) for that fiscal year.

Updated : Feb 3, 2026

Union Budget 2026: Just 0.08% of companies earned two-thirds of India Inc's profits before tax

Their effective tax rate was at an all-time low of 18.85% in FY24, as per Budget 2026-27; more than 50% of companies were either loss-making or earned no profit in FY24

Economy

'Strengthens supply chains against China, support Rupee stability': Amitabh Kant says tariff cut to 18% gives India edge in US market

India-US interim trade pact: From diamonds to silk — Full list of products under 18% tariffs

Explained: Why the US is lifting additional 25$ duty on India over Russian oil, what New Delhi promised in return, and more

'Reflects growing depth, trust, dynamism': PM Modi on India-US interim trade pact, thanks Donald Trump

'Farmers safe, country developed': Piyush Goyal says India's agri exports to go up

Inside the India-US interim trade agreement: Reciprocal tariffs on India to come down to 18%, 0% duty on generic pharma

Gold, silver prices surge: RBI adds precious metals to inflation monitoring framework with onions, tomatoes

RBI MPC: Why was the repo rate not changed? Gov Malhotra calls decision ‘appropriate’

RBI MPC: Will have new GDP, inflation series in a few days, says Gov Sanjay Malhotra

RBI MPC revises FY26 inflation forecast to 2.1%, central bank flags food and global risks

RBI MPC: Gov Malhotra pegs GDP growth rate at 7.4% this year

RBI MPC update: Central bank keeps repo rate unchanged at 5.25%, takes neutral stance

RBI MPC: Governor Malhotra to announce monetary policy decision; what to expect

Bigger than Manmohan's 1991 reforms: Arvind Panagariya on why India's US, EU trade deals matter

'India is where I want to invest': BlackRock CEO Larry Fink says next 20-25 years are India's era

RBI seen holding rates in February MPC as global uncertainty persists, says SBI Research

$500 bn promise vs reality: Helios Capital's Samir Arora cites EU, Korea, Taiwan on how deals are packaged

India has succeeded in protecting agri, dairy in US trade deal, MSMEs to gain: Piyush Goyal tells Lok Sabha

'Agri, dairy completely protected': Piyush Goyal says India has got a 'very good' deal with US

Oil sourcing shift to Venezuela could lower India’s fuel import bill by $3 bn: SBI Report

Union Budget 2026: Just 0.08% of companies earned two-thirds of India Inc's profits before tax

MARKET BUZZ

TOP VIDEOS