India, US unveil interim trade framework, inch closer to broad pact

The United States and India today (7 February) released a joint statement outlining a framework for an interim bilateral trade agreement under which New Delhi will eliminate or reduce tariffs on all US industrial goods and a wide range of US food and agricultural products, while Washington will apply a reciprocal tariff rate of 18% […]

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India’s trade blitz seeks to keep a sinking global order afloat

By Biman Mukherji When India sealed a landmark free-trade pact with the European Union last month, Brussels’ top bureaucrat saw more than an economic deal taking shape. “India has risen and Europe is truly glad about it,” European Commission President Ursula von der Leyen declared. “Because when India succeeds, the world is more stable, more […]

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Meghalaya bans illegally imported fish from Bangladesh

Authorities in the north eastern Indian state of Meghalaya have banned the transportation, storage and sale of fish illegally imported from Bangladesh in at least two districts following reports of unregulated consignments entering the state through porous border routes, PTI reported yesterday (2 February), citing official orders. East Khasi Hills and South West Khasi Hills […]

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India plans 40-km underground rail line along strategic ‘Chicken’s Neck’ corridor

India is planning to construct underground railway tracks along a 40-kilometre strategic corridor in West Bengal – known as the “Chicken’s Neck” – to strengthen connectivity between the country’s northeastern states and the rest of India, Indian Railway Minister Ashwini Vaishnaw said. The Chicken’s Neck, named for its narrow, tapering shape, is a vital strip […]

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Why India may ‘gravitate back’ to US bloc after tariff deal with two-way trade set to rise

By Biman Mukherji A trade deal reached between India and the United States could lead to closer geopolitical alignment between the two countries and bring New Delhi a step closer to becoming a leading manufacturing hub. But observers are sceptical that New Delhi may stop buying Russian crude oil, and whether the volume of American […]

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India’s new budget bets on AI, data centers to sustain growth

NEW DELHI: India’s latest budget has emerged as one of its most technology-focused, with new measures to utilize artificial intelligence, semiconductor manufacturing, and expand digital infrastructure aimed at offsetting the impact of global tariff wars. Finance Minister Nirmala Sitharaman presented the 2026-27 budget in parliament on Sunday, saying it would “accelerate and sustain economic growth […]

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Will India warm to Russia’s bid to revive troika with China?

By Maria Siow Russia’s call to revive a troika with China and India is unlikely to be greeted with enthusiasm by New Delhi, with critics pointing to tense border stand-offs and India’s reluctance to be seen as part of an “anti-West” grouping. Russian Foreign Minister Sergey Lavrov earlier this month lauded Moscow’s bilateral ties with […]

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India continues to monitor attacks on minorities in Bangladesh: Indian State minister for External Affairs

India continues to monitor reports of incidents of attacks against minorities in Bangladesh, including on their homes, properties, businesses and places of worship, Indian Minister of State for External Affairs Kirti Vardhan Singh has told the upper House of Indian parliament. Replying to a question by CPI(M) MP John Brittas in the Rajya Sabha yesterday […]

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Why India should tackle pollution more urgently than tariffs

By Biman Mukherji Remarks by a prominent economist about India’s air quality have raised a debate on whether New Delhi should prioritise tackling pollution over tariff talks, as the country continues to transition towards a green economy. Former International Monetary Fund chief economist Gita Gopinath made the comments at the recent World Economic Forum in […]

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‘You never feel healthy’: Delhi’s toxic air gives rise to pollution refugees

NEW DELHI: When Mohana Talapatra returned to Delhi to care for her aging parents, she planned to stay for good, but last year, after they both died, she left for Bangalore to save her own health and life. Brought up in the Indian capital, she had been away since 1995 — first to study abroad […]

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