India
Trump says U.S. and India reached trade deal, will lower tariffs immediately
The U.S. and India have reached a trade deal and will immediately move to lower tariffs on each other’s goods, President Donald Trump announced Monday. Prime Minister Narendra Modi also agreed to buy American products “at a much higher level” as part of the agreement, Trump said in a Truth Social post following a call […]
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Trump says India will buy oil from Venezuela
U.S. President Donald Trump on Saturday said India will buy Venezuelan oil, helping to replace some of the Russian oil that the world’s third-biggest oil importer buys. “We’ve already made that deal, the concept of the deal,” Trump told reporters aboard Air Force One as he traveled to his vacation home in Florida from Washington. […]
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India’s finance minister projects modest fiscal consolidation in budget
India’s government plans a modest improvement in its fiscal picture in the coming financial year, with reductions in the fiscal deficit and debt, while boosting manufacturing in sectors ranging from textiles to chips. Finance Minister Nirmala Sitharaman, in her ninth consecutive budget speech, said on Sunday that the government sees its fiscal deficit falling to […]
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Modi ally proposes social media ban for India’s teens as global debate grows
An ally of Indian Prime Minister Narendra Modi has proposed a bill to ban social media for children, as the world’s biggest market for Meta and YouTube joins a global debate on the impact of social media on young people’s health and safety. “Not only are our children becoming addicted to social media, but India is also […]
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Is ‘America First’ starting to backfire as Washington’s allies go it alone?
Members of President Donald Trump’s cabinet, including Energy Secretary Chris Wright, Commerce Secretary Howard Lutnick, Chief of Staff Susie Wiles, Treasury Secretary Scott Bessent and Secretary of State Marco Rubio, listen to Trump address the World Economic Forum (WEF) in the Davos Congress Center on Jan. 21, 2026 in Davos, Switzerland. Chip Somodevilla | Getty […]
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CNBC’s Inside India newsletter: EU edges out U.S. in getting India to slash auto tariffs, but can European carmakers win big?
This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. New Delhi-based tech startup founder Ashita Gupta loves her cars. With prospects of luxury European cars becoming cheaper, Gupta, who drives an Audi A6, is considering buying another high-end vehicle. It […]
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U.S.-India trade talks could get a boost as America sees life going on without it
FILE PHOTO: U.S. President Donald Trump meets with Indian Prime Minister Narendra Modi at the White House in Washington, D.C., U.S., February 13, 2025. Kevin Lamarque | Reuters A renewed push to conclude a U.S.-India trade deal may get underway, analysts say, as the White House sees other countries and power blocs working harder than […]
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CNBC’s The China Connection newsletter: China-made humanoid robots set sights on Middle East and U.S. markets
This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Chinese humanoid robots are on the verge of coming to the U.S. — before Elon Musk is ready to sell his Optimus machines. During my […]
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CNBC Daily Open: Starmer’s high stakes visit to China takes center stage
U.S. President Donald Trump and Indian Prime Minister Narendra Modi meet in the Oval Office at the White House on February 13, 2025 in Washington, DC. Andrew Harnik | Getty Images News | Getty Images All eyes are on U.K. Prime Minister Keir Starmer as he begins a high-stakes, three-day trip to China, the first […]
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CNBC Daily Open: The EU-India trade deal story is not over yet
U.S. President Donald Trump and Indian Prime Minister Narendra Modi meet in the Oval Office at the White House on February 13, 2025 in Washington, DC. Andrew Harnik | Getty Images News | Getty Images On Tuesday, India and the European Union announced a “landmark” free trade deal that would remove or reduce tariffs on […]
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