Sensex Soars Over 2,400 Points as Markets Cheer India–US Trade Deal

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Sensex Soars Over 2,400 Points as Markets Cheer India–US Trade Deal

Indian equity markets staged a powerful rally on Tuesday morning, surging nearly 3 per cent in early trade, as investors reacted enthusiastically to the announcement of the India–US trade deal that promises immediate tariff relief for Indian exports. By 9.25 a.m., the Sensex had jumped 2,421 points, or 2.97 per cent, to 84,088, while the […]

India–U.S. Deal: What We Know, What We Don’t

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India–U.S. Deal: What We Know, What We Don’t

The announcement by U.S. President Donald Trump and Prime Minister Narendra Modi that Washington will cut its “reciprocal” tariffs on Indian goods from 25% to 18% has brought immediate relief to Indian exporters and signalled a thaw after nearly a year of strained ties. The rollback also includes the removal of a punitive 25% penalty […]