Latest news with #Indo-US
Time of India
6 hours ago
- General
- Time of India
Russia Probes Bridge Blasts As Terror Attacks, Blames Zelensky's Team For Civilian Massacre
'When We're At PM Modi's Residence...': US Second Lady Usha Vance Shares India Visit Experience US Second Lady Usha Vance shared heartwarming anecdotes from her family's visit to India during her appearance at the US-India Strategic Partnership Forum in Washington, DC. From her children calling PM Narendra Modi their "grandfather" and hugging him, to their joy at eating mangoes, seeing elephants, riding auto-rickshaws and watching puppet shows, the trip left a deep impression. Usha also emphasized the warmth and generosity extended by PM Modi and described the Vance family's India visit as "the trip of a lifetime." She spoke about her son's birthday gift from PM Modi in Paris, visits to the Taj Mahal, cultural moments like Ramayana puppet shows, and her plans to visit Andhra Pradesh next. Watch to hear the full story of diplomacy, emotion, and deepening Indo-US ties.#ushavance #modimeeting #pmmodi #modikids #usindiaties #modidiplomacy #indiatriplove #tajmahalvisit #mangostory #puppetshow #toi #toibharat 2.7K views | 9 hours ago
Business Standard
9 hours ago
- Business
- Business Standard
Amid reciprocal tariff row, NITI Aayog backs 'dual-track' India-US trade
In the aftermath of 'reciprocal tariffs' by the US, India should adopt dual-track approach and selectively reduce high tariffs on non-sensitive agricultural commodities imports from Washington, while also strategically offer concessions where domestic supply gaps exist, a NITI Aayog working paper has said. The Aayog in a working paper, titled 'Promoting India-US Agricultural Trade Under the New US Trade Regime', said that India's agricultural sector needs safeguards, to ensure price stability for both producers and consumers, against excessive volatility in international markets. "A dual-track approach is essential now. In the short term, India should consider to selectively reduce high tariffs on non-sensitive imports and negotiate non-tariff safeguards on vulnerable segments such as poultry," the paper said. It noted that sudden announcement of "reciprocal tariffs" and enhanced market access for US exports following re-election of Donald Trump as President of the United States in January 2025 have sent shock waves across the world especially among the trading partners of US. "India can also strategically offer concessions where domestic supply gaps exist, such as in edible oils and nuts," the paper suggested. Noting that India is the largest importer of edible oil in the world and the US has huge export surplus of soybean which is GM, the paper said India can offer some concession to the US in import of soybean oil to meet demands in that country and reduce trade imbalance, without harming domestic production. The paper also suggested that India should negotiate more access to the US market for high-performing exports like shrimp, fish, spices, rice, tea, coffee, rubber. India earns approximately USD 5.75 billion annually from agri-exports to the US. Expanding this through duty waivers or TRQs should be part of trade talks. Alongside strategic trade management, it said India must undertake medium-term structural reforms to improve the global competitiveness of its farm sector. "This includes bridging the productivity gap by embracing appropriate technologies, market reforms, private sector participation, improvement in logistics and development of competitive value chains," it said. The Indo-US agricultural trade has experienced significant changes and steady growth in the last two decades, signalling deepening bilateral economic ties. The composition of agricultural trade between India and the US revealed that both countries are diversifying their export portfolios. While traditional items such as frozen shrimp, basmati rice, and spices continue to dominate, there has been a marked increase in the export of processed cereals, and other value-added products. India's imports from the US remain concentrated in high-value commodities such as almonds, pistachios, and walnuts. India has maintained surplus in agriculture trade with the USA and the same has increased over time. However, the relative importance of agriculture in the bilateral trade is diminishing.
Time of India
13 hours ago
- Business
- Time of India
New Pakistani Dossier Reveals India Hit More Targets In Operation Sindoor Than Admitted
India's Russia Arms Ties 'Rubs US Wrong Way', Says Official | S-400 Deal Still On US Commerce Secretary Howard Lutnick has stated that India's military reliance on Russia 'rubbed America the wrong way' in the past, affecting strategic ties. Speaking at the US-India Strategic Partnership Forum, he said things are now changing as India moves towards purchasing more US arms. His remarks come shortly after Russia confirmed delivery of the final S-400 missile system units to India by 2026. Is India walking a tightrope between Moscow and Washington? And what does this mean for Indo-US ties, BRICS diplomacy, and arms purchases going forward? #s400 #indiaustradetalks #howardlutnick #usindiastrategicforum #indiausdefence #brics #russiaindiaarmsdeal #dollarhegemony #indiausrelations #modibiden #militarygear #indiarussia #usarmsdeal #toi #toibharat 116 views | 1 hour ago
Time of India
15 hours ago
- Business
- Time of India
India's Russia Arms Ties 'Rubs US Wrong Way', Says Official
US Commerce Secretary Howard Lutnick has stated that India's military reliance on Russia 'rubbed America the wrong way' in the past, affecting strategic ties. Speaking at the US-India Strategic Partnership Forum, he said things are now changing as India moves towards purchasing more US arms. His remarks come shortly after Russia confirmed delivery of the final S-400 missile system units to India by 2026. Is India walking a tightrope between Moscow and Washington? And what does this mean for Indo-US ties, BRICS diplomacy, and arms purchases going forward? #s400 #indiaustradetalks #howardlutnick #usindiastrategicforum #indiausdefence #brics #russiaindiaarmsdeal #dollarhegemony #indiausrelations #modibiden #militarygear #indiarussia #usarmsdeal #toi #toibharat Read More
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Business Standard
18 hours ago
- Business
- Business Standard
US commerce secy was very positive about India-US equation: KM Birla
Kumar Mangalam Birla, Chairperson of the Aditya Birla Group, has expressed optimism about the future of India-US trade relations. Following US Secretary of Commerce Howard Lutnick's speech, Birla said that Lutnick was "very positive" about the India-US equation and the future of the two nations. While speaking to ANI, Birla said, "I think he (US Secretary of Commerce Howard Lutnick) was very positive about the India-US equation, the future of the two countries together." Birla stated that Lutnick spoke about the strong friendship between Prime Minister Narendra Modi and President Donald Trump, "He talked about how Prime Minister Modi and President Trump are great friends and that really helps in doing things together between the two nations." According to Birla, Lutnick expressed confidence that a trade deal between the two countries would be announced soon. "He also said that the trade deal should be announced soon. I thought that he sounded really positive about the Indo-US future together." US Secretary of Commerce, Howard Lutnick, expressed optimism about a potential trade deal between the United States and India, highlighting the strong relationship between the two countries. In a video clip posted on X from the event, Lutnick said, "I spoke at the US-India Strategic Partnership Forum Annual Leadership Summit tonight. We have a great relationship between our countries. I'm optimistic for a trade deal soon that will benefit both nations. " Earlier, on Monday (local time), in a conversation at the US-India Strategic Partnership Forum in Washington, DC, US Second Lady Usha Vance recalled her visit to India and her children's experience there and called the meeting with Prime Minister Narendra Modi "very special." She said that her children put PM Modi in the grandfather category, and they loved him and hugged him when they visited his residence during their visit to India. Vance called the visit to India a "trip of lifetime for them" and added that it was her children's first visit to India. She also spoke about visiting places in North India, including Taj Mahal and enjoying Indian food. An official release published days earlier stated that US Secretary of Commerce Howard Lutnick and Second Lady Usha Vance will attend the eighth edition of the US-India Strategic Partnership Forum (USISPF) Leadership Summit. According to the release, Secretary Lutnick will share his insights on strengthening the US-India strategic and economic partnership to achieve the goal set by President Trump and Prime Minister Modi for USD 500 billion in bilateral trade. The Summit will also feature the Second Lady of the United States, Usha Vance, in a fireside chat. As the first Indian American in the role of Second Lady, Ms. Vance's presence symbolises the deepening partnership between the world's oldest and largest democracies and highlights the robust strength of the people-to-people will also present the 2025 Global Leadership Awards to three distinguished business leaders - Mr. Arvind Krishna, Chairman, President, and CEO of IBM, Kumar Mangalam Birla, Chairman of Aditya Birla Group, and Toshiaki Higashihara, Executive Chairman of Hitachi, Ltd.- for their outstanding contributions to strengthening the US-India-Japan economic partnership, the release added. The USISPF Leadership Summit is the most prestigious gathering in Washington, DC focused on accentuating US-India ties and convening senior government leaders and officials, diplomats, Members of the US Congress and Senate, USISPF Board members, leading business executives, media, think tanks, and global thought leaders, all working to advance cooperation and celebrate this important partnership, the release added.
