US INDIA ECONOMIC RELATIONS
Piyush Goyal woos top US companies for investment
Commerce and Industry Minister Piyush Goyal has met various US firms in New York to discuss investment potential. Meetings included representatives from Blackstone, Neuberger Berman, and The Estee Lauder Companies, focusing on manufacturing and beauty markets. Discussions with IBM's CEO involved strengthening collaboration in AI and quantum computing technologies. Goyal also engaged with General Atlantic and AIA Group to explore opportunities in financial services and insurance sectors.
India, Canada agree to boost security ties, extradition cooperation
India and Canada have committed to enhance collaboration in combating transnational organised crime and terrorism. The discussions took place between National Security Adviser Ajit Doval and Canadian advisor David Morrison in New Delhi. Both sides recognised the importance of ongoing bilateral security dialogues to maintain stability.
India and US trade deal still has a few stubborn cards to play: Fitch unit
Negotiations between India and the US have encountered significant sticking points affecting market access and agriculture. US Trade Representative Jamieson Greer noted the identification of all key issues during talks. Finance Minister Nirmala Sitharaman mentioned that negotiations have reached a plateau with limited opportunities for further concessions. India is advocating for more preferential access for its exports. Meanwhile, Washington seeks increased access to the Indian market, especially in agricultural sectors.
India navigating multipolar 'age of flux', says Jaishankar; talks on with Russia, Ukraine for safe Black Sea passage
External Affairs Minister S Jaishankar affirmed the importance of the US as a primary strategic partner for India. He emphasized India's nuanced approach to relationships with various nations including China and Russia. Jaishankar also addressed the challenges in securing grain and fuel shipments amid the Russia-Ukraine conflict. He called for a reform in the United Nations to better represent the Global South.
Four horsemen of economic trouble? RBI governor flags the risks spooking the world
The RBI raised the repo rate 25 bps to 5.50%, its first hike in nearly four years, and shifted its stance to calibrated tightening. Governor Sanjay Malhotra flagged four global risks: West Asia tensions and volatile oil prices, tariff uncertainty, elevated bond yields and stretched AI stock valuations. He said these risks are clouding global sentiment despite resilient growth.
Explainer: Why have India-US trade talks stalled again and what's next?
Amid rising tariffs and geopolitical tensions, trade negotiations between India and the United States have reached an impasse. The US has voiced concerns over India's ongoing acquisition of Russian oil, which could trigger higher tariffs. India aims to safeguard its vital agricultural sectors during talks while advocating for enhanced export conditions. Future discussions, particularly with Secretary of State Marco Rubio's upcoming visit, may provide an opportunity for resolution.
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India-US trade deal talks may have reached a ‘plateau’, further concessions difficult: Nirmala Sitharaman
During a recent briefing, India's Finance Minister Nirmala Sitharaman announced that talks regarding a trade pact with the US are currently stalled. While she sees some room for advancement, she pointed out the complexities involved in making further concessions. The dialogue also encompasses the trade deficit issues with both the US and China.
World Bank flags oil, El Niño and global market risks to growth
The World Bank has revised its growth forecast for South Asia, projecting a robust 6.9% by 2026, driven by a surge in consumer demand. India, leading the region's economy, is expected to achieve a 7.1% growth. However, persistent high inflation and potential spikes in energy prices pose risks to this growth.
German intel service warns of risks from Chinese tech
German intelligence services warned Monday that Chinese high-tech goods could pose security risks due to the potential for data to be collected and passed on to "state agencies". Data that is collected could be passed on to "state agencies", he said, leading to risks including "potential shutdown of entire products".
Greater opportunities to expand bilateral trade, investment between India, Switzerland: President Murmu
President Droupadi Murmu welcomed Swiss President Guy Parmelin, emphasizing the historic EFTA Trade and Economic Partnership Agreement. They discussed expanding bilateral cooperation in various sectors, including clean technology and artificial intelligence. Key agreements were signed to promote migration, mobility, and cooperation in nuclear energy and defense.
'I'm in no rush': Trump leaves US-Canada trade talks in limbo
US President Donald Trump has said that he is not rushing to resume trade negotiations with Canada. He insisted that any future agreement requires Canada to approach these talks with honesty. Following the breakdown of negotiations in August, significant tariffs have been imposed by both countries. The dispute currently affects the United States-Mexico-Canada Agreement concerning North American trade.
Channels are open, but Cuba and Trump’s US remain far from the negotiating table: Report
Cuba and the United States are not engaged in formal negotiations but maintain communication channels. Lianys Torres Rivera emphasized Cuba's readiness to defend itself against potential US aggression, citing increased preparations. While the Trump administration has tightened the embargo, Cuba continues to pursue free-market reforms. Torres Rivera rejected US claims that Cuba poses a national security threat or interferes in domestic affairs.
India's growth outlook remains robust, but risks rising: Erik Berglof
India's growth prospects remain strong despite external shocks affecting the economy. Erik Berglof highlights the need for resilience against climate and geopolitical risks. He notes that high US bond yields could impact emerging economies due to higher interest costs. Additionally, energy and water security are identified as critical areas needing improvement.
US has deliberately become a ‘lonelier power’, China’s rise reshaping global order: Jaishankar
External Affairs Minister S. Jaishankar emphasized the changing nature of global politics at the Munich Security Conference. He noted that the US has become a lonelier power due to its repositioning and China's emergence. Jaishankar highlighted the importance of India-Russia ties amid these developments, mentioning defense and economic collaboration. He also pointed out the need for cooperation among emerging powers while maintaining relations with the US and China.
India-US trade talks hit a plateau, with little room left to give or take, says Finance Minister Nirmala Sitharaman
India and the US are currently negotiating a trade agreement aimed at expanding market access and addressing trade balance concerns. Finance Minister Nirmala Sitharaman mentioned that both sides appear to have reached a plateau in negotiations. She indicated that further concessions may be challenging following rigorous discussions. Despite this, she believes there could be opportunities for additional negotiations. The US is particularly focused on reducing its trade deficit with India.
View: India-China thaw faces major economic tests
India and China are working to improve their diplomatic relations following past military tensions over border disputes. Recent measures include relaxed restrictions on foreign direct investment and increased export activity from India to China. However, India's reliance on Chinese imports for critical industries poses significant challenges. The unequal economic relationship remains a concern for India's long-term strategies.
EAM Jaishankar calls on Swiss President Parmelin, highlights momentum of India-EFTA TEPA
Swiss President Guy Parmelin is undertaking a three-day State visit to India at Prime Minister Modi's invitation. He aims to strengthen bilateral collaboration across various sectors including commerce and technology. Both leaders are scheduled to hold discussions on trade, investment, and multilateral cooperation. President Parmelin will also meet President Droupadi Murmu during his visit. This trip marks a significant opportunity for India and Switzerland to enhance their long-standing partnership.
There could be a pretty big global shock, says Nobel laureate & economist Michael Spence
Michael Spence highlights the economic growth of India and China, noting India's potential growth trajectory. He emphasizes India's advancements in digital infrastructure, particularly in digital financial services like UPI. Spence discusses the significance of AI in economic development and its anticipated impact over the next decade. He warns of potential economic shocks due to rising debt levels and high market valuations.
Jaishankar says India-EU FTA will be a "real game changer" for ties
India and the European Union are working towards a Free Trade Agreement that aims to strengthen their economic ties. External Affairs Minister S Jaishankar highlighted various sectors including technology, defense, space, and climate as key areas for cooperation. The agreement is expected to facilitate regulatory alignment and increase business comfort in both regions.
India, China better positioned for Hormuz disruptions; Russian oil purchases likely to continue: Former Singapore Foreign Minister
India and China are better equipped to manage energy disruptions due to diverse sourcing and stockpiling. George Yeo emphasised India's ongoing purchase of Russian oil despite potential US pressure. He recommended India utilise open sources from China to develop its own technology capabilities. Yeo urged a pragmatic approach to India-China economic relations focusing on mutual benefits. This strategy will help India enhance its global competitiveness while fostering national interests.
India, Bulgaria review bilateral ties; push for early India-EU FTA
India and Bulgaria have called for early implementation of the India-EU free trade agreement, saying it could significantly deepen bilateral economic ties. The two sides also reviewed cooperation in trade, investment, AI, space, defence, science and technology, while discussing wider regional and global issues.
India-US trade deal 'not imminent' as 'sticking points' stay, USTR Greer says
US Trade Representative Jamieson Greer said the Trump administration is working with India to finalise a bilateral trade deal, but an agreement is not imminent. Greer said he had a “very constructive conversation” with Commerce Minister Piyush Goyal at the G20 trade ministers meeting and that officials remain engaged.
India-Canada trade target: $70 billion in five years as CEPA talks speed up
Canada and India are targeting an increase in bilateral trade, aspiring to reach USD 70 billion in five years. Ongoing negotiations for a Comprehensive Economic Partnership Agreement are expected to conclude soon. Recently, the fifth round of negotiations is planned to take place in Ottawa on October 5. Both nations have emphasized the importance of collaboration in energy and critical minerals for economic growth.
Finance ministry sees Q2 FY27 GDP growth at 7.3%, flags trade, crude and AI risks
The finance ministry expects India’s real GDP to grow 7.3% in Q2 FY27, above the RBI’s 6.4% forecast, but warned that global uncertainties could weigh on investment. US trade relations, tariff pressures, crude prices and the lack of an India angle in global AI developments are clouding investor interest.
Mark Carney stood up to Trump. Now Nobel Prize and Time honours are in the conversation
Mark Carney has gained prominence in 2026 through his confrontational approach towards Donald Trump over trade issues. His rising international profile has resulted in speculation regarding the potential for him to receive the Nobel Peace Prize. As the prize announcement date approaches, prediction markets indicate fluctuating chances for Carney's likelihood of winning. In addition to the Nobel discussions, he is also a contender for Time's Person of the Year.
Donald Trump and Xi Jinping's 'stalemate' summit was a glitzy gift to China
US President Trump's recent meeting with Xi Jinping aimed to strengthen their personal relationship, but limited progress was achieved. Both leaders agreed on lowering tariffs on certain goods, with no specific timeline provided for implementation. The absence of a Chinese CEO delegation highlighted ongoing investment challenges amid mutual suspicions. China's trade has thrived despite US tariff threats, giving it leverage in negotiations.
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