India-US Deal with 18% Reciprocal Tariff to be Signed 2026-02-05 11:22:56

The trade agreement between India and the United States is expected to be signed early next week. This deal will result in the US reducing its mutual tariffs to 18 percent and India halting its oil purchases from Russia. Additionally,...

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Reliance wins US licence for Venezuelan Oil 2026-02-13 15:06:58

The United States has granted a general permit to Reliance Industries Ltd, allowing the refinery to acquire Venezuelan oil directly without breaching restrictions, according to two knowledgeable sources. After the recent capture of Venezuelan President Nicolas Maduro by the US...

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Can India Stop Buying Oil from Russia? 2026-02-05 13:54:26

Indians previously recognized the desert nations of West Asia mainly as the place where the oil for their vehicles originated. It was only after 2022 that Russia became linked to oil imports for India. Nonetheless, the relationship between India and...

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White House's Factsheet On India-US Trade Deal 2026-02-10 11:34:38

The Donald Trump administration has described the new trade agreement between India and the United States as a "groundbreaking" move, indicating that it will provide access to the large Indian market of more than 1.4 billion customers for American goods....

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Donald Trump Lifts 25% Tariff on India over Russian Oil Imports 2026-02-07 09:12:19

On Friday, US President Donald Trump took action to remove an extra 25 percent tariff he had placed on Indian goods due to the country buying oil from Russia. This move is part of a trade agreement revealed earlier this...

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India's Mega Trade Deal with Six Gulf Countries in Talks 2026-02-06 09:12:39

In the midst of trade conflicts and tariff obstacles hindering international trade, the Gulf countries are becoming an important market for India. At present, the Gulf Cooperation Council—which consists of six Middle Eastern countries—is India's biggest trading partner, surpassing the...

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