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The statement came a day after the United States revoked the punitive 25 per cent tariffs imposed on India over its oil trade with Moscow, following the conclusion of a bilateral India-US trade agreement. 
Updated : Feb 7, 2026

India reiterates energy security priority amid US tariff rollback on Russian oil trade 

The MEA underlined that diversification of energy sources, aligned with market realities and shifting global dynamics, continues to be central to India’s approach. Officials said decisions taken by India’s energy sector are guided by this overarching framework rather than external pressures. 

Chief Minister Nara Chandrababu Naidu laid the foundation stone for the project in the state capital Amaravati, describing it as a bid to position the region as a global destination for quantum research, talent and applications.
Updated : Feb 7, 2026

Andhra Pradesh launches Amaravati Quantum Valley in push to become global quantum hub

The Amaravati Quantum Valley (AQV) is planned as India’s first integrated quantum ecosystem, combining quantum computing hardware, software development, algorithm design and workforce training within a single campus, according to the project note.

According to Chidambaram, the lack of clarity masks a deal that is clearly skewed in favour of the US.
Updated : Feb 7, 2026

‘How is this a win?’: Chidambaram slams India-US trade framework as opaque, US-tilted

He argued that the language of the statement — particularly Paragraph 2 and its accompanying bullet points — is so convoluted that understanding the actual commitments made by the United States would require a close reading of multiple US executive orders issued between 2018 and 2025. 

Vickery also stressed the importance of US-India cooperation on Russian oil imports, calling the issue central to the broader geopolitical response to Russia’s invasion of Ukraine.  
Updated : Feb 7, 2026

‘Better than most nations’: Ex-US commerce official lauds India’s handling of Trump-style trade talks

“In the standard way of doing trade agreements, you work out the details first, which often takes more than a year, and only then issue a joint statement confirming the agreement,” he said. “This is not the Trump style.”  

According to official sources, India will eliminate all duties on imports Harley Davidson bikes between 800cc to 1,600 cc from the day the bilateral trade agreement (BTA) is signed.
Updated : Feb 7, 2026

India-US BTA: Harley Davidson bikes to get 0% duty, gradual tariff reduction on luxury cars

India expects nearly $74 billion worth of exports to benefit from lower tariff by the US, External Affairs ministry to clarify on purchase of Russian crude oil

The interim trade agreement framework, signed on Saturday, is designed to lessen barriers and invigorate the India-US trade and economic ties.
Updated : Feb 7, 2026

'Adds another feather to Trump's extractive cap': Brahma Chellaney weighs in on India-US interim trade agreement

He added that, unlike other East and Southeast Asian economies, India is an import-dependent economy whose growth rests mainly on domestic consumption.

This, however, is not the first time that Goyal spoke of Boeing's India order book. (Image generated by AI)
Updated : Feb 7, 2026

India-US interim trade pact: 'Boeing, Airbus looking at India as largest OEM partner,' says Piyush Goyal

His statement came after India and the US finalised an interim trade framework, which slashed the 50 per cent duties on Indian exports to an 18 per cent reciprocal tariff. 

India has coal availability but the quality is poor, leading to import of metallurgical coal for industrial use.
Updated : Feb 7, 2026

Coking coal to nuclear reactors: India-US pact fuels strategic energy partnership

India has been gradually increasing energy commodities import from US. Being the sixth largest energy trade partner of India, the trade agreement with US could see increased coking coal imports and engagement in nuclear reactors technology.   

The agreement will offer the opportunity for Indian aerospace is not just in assemblies, but in lifecycle sustainment.
Updated : Feb 7, 2026

US trade deal to boost Indian aerospace manufacturing  

Global OEMs, including US, source over $2 billion annually worth of aerospace components and services from India. India intends to purchase $500 billion of products, including US aircraft and aircraft parts.

On Saturday, India and the US announced a landmark framework for an interim trade deal, expected to be formalised as a legal agreement by mid-March 2026.
Updated : Feb 7, 2026

'Decided to give 0% tariff on some cancer medications, neuro treatment': Piyush Goyal on what US got

India-US interim trade agreement: Goyal mentioned that New Delhi has also considered exemptions for some medical equipment whose imports are necessary at present, despite them being developed in India. 

Amitabh Kant hails India-US interim trade pact; here's why
Updated : Feb 7, 2026

'Strengthens supply chains against China, support Rupee stability': Amitabh Kant says tariff cut to 18% gives India edge in US market

On Saturday, India and the US officially announced a framework for an interim trade agreement, aimed at significantly boosting bilateral commerce through reciprocal tariff reductions.

The emphasis on GPUs, critical components for artificial intelligence (AI) training, cloud computing and large-scale data centres, comes as both countries look to reduce dependence on third-party supply chains.
Updated : Feb 7, 2026

India, US to boost trade in GPUs, advanced tech under interim pact framework

The framework, unveiled after talks between US President Donald J. Trump and Prime Minister Narendra Modi, positions high-end computing hardware as a core pillar of a broader US–India push on supply-chain resilience, digital trade and strategic technology cooperation.

Whether you are a business owner eyeing the $30 trillion US market or a consumer looking for cheaper American imports like California almonds and premium spirits, this list is your new roadmap.
Updated : Feb 7, 2026

India-US interim trade pact: From diamonds to silk — Full list of products under 18% tariffs

From the glittering diamond hubs of Surat to the textile clusters of Tiruppur, industries that were previously "priced out" of the US market are suddenly back in the game.

The White House also said India and the US have agreed on a framework to expand defence cooperation over the next decade, signalling closer strategic and security ties.
Updated : Feb 7, 2026

Explained: Why the US is lifting additional 25% duty on India over Russian oil, what New Delhi promised in return, and more

The rollback of duties will take effect from February 7, according to an executive order issued by the White House.

The White House said the two countries have reached a framework for an interim agreement on reciprocal and mutually beneficial trade.
Updated : Feb 7, 2026

'India-US interim trade pact to expand market access for American agri products': US Trade Representative

In a statement, the USTR said India has agreed to eliminate or lower tariffs on all US industrial goods and a wide range of agricultural products.

The strike reflects frustration among drivers over unfair competition and income instability as ride-hailing platforms expand.
Updated : Feb 7, 2026

'All India Breakdown': Ola, Uber, Rapido drivers to go on strike today; here's why

The strike has been publicised as an 'All India Breakdown' and is intended as a mark of protest. 

As per the joint statement issued by both countries, US will slash reciprocal tariffs on India from 50 per cent to 18 per cent.
Updated : Feb 7, 2026

'Reflects growing depth, trust, dynamism': PM Modi on India-US interim trade pact, thanks Donald Trump

PM Modi further noted that the India-US interim trade deal framework strengthens the government's flagship 'Make in India'.

Goyal further mentioned that Indian agricultural goods would get preferential access to American markets. 
Updated : Feb 7, 2026

'Farmers safe, country developed': Piyush Goyal says India's agri exports to go up

Goyal said that dairy, fruits, vegetables, spices, and other grains have been protected. Check out the list of agricultural goods, vegetables, and spices that the US cannot export to India

In a joint statement, the two countries said that they would "promptly implement this framework" and work toward finalising the interim agreement to achieve a mutually beneficial trade agreement (BTA).
Updated : Feb 7, 2026

Inside the India-US interim trade agreement: Reciprocal tariffs on India to come down to 18%, 0% duty on generic pharma

The details of the much-awaited agreement framework are out -- right from the size of the export market to tariff reductions to protected sectors. Check here

Suicide blast at Islamabad
Updated : Feb 6, 2026

Suicide blast at Islamabad's Imambargah during Friday prayers kills 31, injures 169

The explosion occurred as worshippers had gathered for prayers at the Tarlai imambargah, with authorities identifying it as a suicide attack following an initial probe.

The damage extends beyond just gaming operators UPI payments as well, causing a massive drop in transaction volume post gaming ban.
Updated : Feb 6, 2026

How India’s real-money gaming crackdown is fuelling a shadow crypto economy

Sweeping crackdown on real-money online gaming meant to curb addiction, gambling, and illicit financial flows.

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