India-US Trade Deal: US President Donald Trump announced a deal with India last week to cut US tariffs on Indian goods to 18% from 50% in exchange for India halting purchases of Russian oil and lowering trade barriers.
The Profit Conclave brings together some of the country's most influential policy makers and industry leaders to unpack the implications of the newly-forged India-US trade framework.
In this infographic-led explainer for NDTV Profit, we break down what changed, why it matters, and how the agreement could impact markets, companies, and consumers on both sides.
Earnings for the MSCI India Index are projected to grow about 8.3% over the next year, trailing regional peers, according to data compiled by Bloomberg.
As part of the US-India trade deal agreement, India will eliminate all import duties on heavy-duty motorcycles with engine capabilities between 800cc and 1600 cc, which will be effective from 'day 1'.
