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    Trade agreement strengthens Make in India, create jobs: PM Modi
    India-US trade pact to expand market access for American farmers, producers: USTR
    India, US reach framework for interim trade pact; opens $30 trillion market for Indian exporters
    Highlights of India-US interim trade agreement
    US removes 25 per cent tariffs imposed on India for Russian oil purchases
    India fully protects sensitive wheat, rice, poultry under trade pact with US
    India, US reach framework for interim trade agreement; tariffs on India cut to 18%
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    ‘Pitch Perfect Australia-India’ Business Case Studies Compendium Launched at Indian Institute of Foreign Trade
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    World confident of stability after India's trade deals with EU, US: PM Modi
    Agri Min Shivraj Chouhan defends Indo-US trade deal; says Congress machine of lies
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February 7, 2026
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Interim trade agreement with the US aims to bolster Make in India, expand jobs, and deepen investment and technology ties.
An interim trade agreement framework with the United States is intended to bolster Make in India by opening opportunities for farmers, entrepreneurs, MSMEs, startups and fishermen, and by generating employment for women and youth. The framework emphasizes deepening investment and technology partnerships to promote innovation, and strengthening resilient, trusted supply chains to contribute to economic growth.
February 7, 2026
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India-US trade framework expands market access by lowering tariffs, addressing non tariff barriers, and increasing US purchases.
The India-United States framework commits India to eliminate or lower tariffs on all US industrial goods and many agricultural products, address longstanding non tariff barriers to imports, and increase purchases of US goods and services, including a stated target exceeding $500 billion; the arrangement is described as an interim, reciprocal trade agreement requiring further negotiation and implementation to make commitments operational.
February 7, 2026
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India-US interim trade pact cuts tariffs to 18%, removes extra 25% levy, and commits to reciprocal market access and barrier removal.
The framework establishes an Interim Agreement under which the US removes the additional 25% duty and reduces import duties on Indian goods to 18%, while India will eliminate or reduce tariffs on US industrial and agricultural products and grant a preferential tariff rate quota for certain automotive parts; the framework provides for product specific tariff eliminations upon conclusion, addresses non tariff barriers and standards cooperation, permits reciprocal modification of commitments, and will be converted into a legal agreement expected to be signed by mid March with concessions effective after signature.
February 7, 2026
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India-US interim trade framework reduces many tariffs, opens sectoral market access, and addresses non-tariff and digital trade barriers.
An interim trade framework sets reciprocal tariff reductions-many tariffs capped at 18% and zero tariffs for specified goods-and sectoral market access expansions for textiles, leather, chemicals, pharmaceuticals, gems, aircraft parts and select machinery. It includes negotiated exemptions, tariff rate quotas, mutually agreed rules of origin, commitments to remove non-tariff and digital trade barriers, measures to ease access for medical devices and ICT goods, and a reciprocal modification mechanism tied to tariff changes, alongside coordinated actions to strengthen supply chain resilience and technology trade.
February 7, 2026
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US removes 25% tariffs on India after commitments to stop importing Russian oil and expand defence cooperation.
The President determined that India has taken significant steps to address the national emergency described in Executive Order 14066 by committing to stop directly or indirectly importing Russian Federation oil, to purchase energy products from the United States, and to expand defence cooperation, and accordingly eliminated the additional ad valorem rate of duty previously imposed on imports from India.
February 7, 2026
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India-US trade framework protects sensitive agricultural and dairy products while US tariffs on Indian goods fall to 18%.
An interim India-US trade framework reduces US tariffs on Indian goods to 18% while India withholds duty concessions on a specified list of sensitive agricultural and dairy products (maize, wheat, rice, soya, poultry, milk, cheese, ethanol (fuel), tobacco, certain vegetables and meat) to protect small and marginal farmers; concurrently India will eliminate or reduce tariffs on various US food and agricultural items such as dried distillers' grains, tree nuts, processed fruit, soybean oil, and wine and spirits.
February 7, 2026
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India-US trade framework cuts tariffs to 18%, expands market access, tackles non tariff barriers, and boosts tech trade.
The interim framework provides reciprocal tariff and market access commitments: the US will reduce import duties on Indian goods to 18 percent, while India will eliminate or reduce tariffs on US industrial and numerous agricultural products; it contemplates zero tariffs on specified goods upon conclusion, establishes rules of origin, commits to remove targeted non tariff barriers and restrictive import licensing, provides a preferential tariff rate quota for automotive parts consistent with national security, expands technology trade and cooperation, and includes mechanisms to modify commitments and strengthen economic security and supply chain resilience.
February 7, 2026
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India-US interim trade framework cuts many US tariffs, removes duties on select goods, and protects sensitive farm and dairy items.
The interim trade framework reduces reciprocal US tariffs on Indian goods to 18% and eliminates tariffs to zero on specified items including generic pharmaceuticals, gems and diamonds, and aircraft parts; it provides tariff rate quotas and negotiated outcomes for auto parts and generic pharmaceuticals to boost export competitiveness in priority manufacturing sectors while preserving full protections for sensitive agricultural and dairy products such as maize, wheat, rice, soya, poultry, milk, cheese, ethanol, tobacco, certain vegetables and meat.
February 7, 2026
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US removes additional 25% duty on Indian imports as India commits to stop importing Russian oil and expand defence ties.
The executive action rescinds an additional 25 percent ad valorem duty on products of India effective for goods entered for consumption on or after February 7, 2026, contingent on India's commitment to cease directly or indirectly importing Russian oil, and provides that if the Secretary of Commerce finds resumption of such imports the executive branch may recommend reimposing the additional 25 percent duty.
February 7, 2026
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US India interim trade agreement framework sets reciprocal 18% tariff on Indian goods and expands market access commitments.
The Interim Agreement framework establishes reciprocal tariff and market access adjustments: India will eliminate or reduce tariffs on US industrial and specified agricultural products, while the United States will apply a reciprocal tariff of 18 per cent on originating Indian goods in designated sectors; the framework also foresees additional market access commitments, supply chain resilience measures, and potential removal of reciprocal tariffs on certain goods subject to successful conclusion of the Agreement.
February 6, 2026
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Central public sector enterprises must prepare for international competition through technology, innovation and leadership development.
Central public sector enterprises must prepare for intensified international competition while maintaining roles in strategic sectors where long-term national interests and market balancing are critical. Emphasis is placed on technology adoption, innovation, leadership development and capacity building-illustrated by the DAKSH programme's blended curriculum and international exposure-to equip senior executives to lead in areas such as cybersecurity, data governance and energy transition while fulfilling public policy objectives.
February 6, 2026
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India-Australia business compendium documents cross-border market-entry lessons, supports ECTA utilisation, and serves as practical resource for businesses.
The compendium documents market-entry approaches, growth strategies, and operational challenges of 30 companies to demonstrate how the India-Australia Economic Cooperation and Trade Agreement (ECTA) has been used in practice, providing evidence-based lessons to inform policy, industry practice, and enhanced utilisation of the Agreement as a resource for businesses, policymakers, and researchers.
February 6, 2026
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India-GCC FTA ToR set the negotiation framework for tariff, services, investment and market access commitments.
The Terms of Reference create the formal negotiation framework for an India-GCC Free Trade Agreement, defining scope and modalities to guide talks on tariff and non tariff measures, rules of origin, services, investment provisions and mechanisms to enhance predictability and stability; the ToR aim to translate existing trade and investment linkages into negotiated commitments on market access, investment facilitation and sectoral cooperation.
February 5, 2026
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India trade deals with the EU and US reduce tariffs, aim to remove non tariff barriers and expand market access.
India concluded a comprehensive free trade agreement with the European Union and a bilateral trade deal with the United States that reduces reciprocal tariffs on Indian goods to 18% and contemplates elimination of tariffs and non tariff barriers, thereby altering tariff schedules and market access conditions; these international commitments are coupled with domestic reforms to enhance export competitiveness and institutional resilience.
February 5, 2026
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Indo-US trade deal defended as protecting farmers while promoting exports and criticised opposition's parliamentary obstruction.
The Agriculture Minister defended the Indo-US trade agreement as preserving staple crops and dairy, asserting farmers' interests are protected while tariff reductions will boost exports of rice, spices, textiles and benefit cotton growers, and denied that large quantities of US agricultural imports will open domestic markets; he also criticised the Opposition for obstructing parliamentary debate and misrepresenting the deal.
February 5, 2026
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India prioritises energy security, diversifying crude sources while remaining open to Venezuelan supplies amid a US tariff reduction.
Ensuring energy security for 1.4 billion Indians is the government's supreme priority, guiding a policy of diversifying energy sourcing based on objective market conditions and commercial merits; procurement decisions are driven by national interest and market dynamics. The statement also notes a negotiated reduction in US tariffs on Indian goods to 18 percent and indicates openness to commercial crude supply options such as Venezuela, subject to sanctions and commercial viability.
February 5, 2026
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India US trade deal nearing completion reportedly cuts US tariffs on Indian exports to 18 percent and advances critical minerals cooperation.
A bilateral India US trade agreement is in advanced finalisation and reportedly includes a tariff reduction to 18 percent and removal of a 25 percent additional levy tied to energy purchases; the deal is expected to boost Indian exports and labour intensive industries. Concurrently, cooperation on critical minerals is advancing and further engagement on defence and energy is anticipated, while India emphasises energy security and historical commercial ties with Venezuela when assessing supply options.
February 5, 2026
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European Central Bank holds deposit rate at 2% as growth stays resilient and inflation sits below target.
The European Central Bank kept its deposit rate at 2 percent as lower rates, low unemployment and easing energy costs supported resilient eurozone growth, while inflation fell to 1.7 percent. A US EU tariff deal reducing trade uncertainty and anticipated higher public spending in Germany, plus France's budget resolution via special powers, contribute to forecasts that rates may remain unchanged into 2027 absent stronger growth.
February 5, 2026
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India-EU and India-US FTAs expected to boost manufacturing, exports, investment and job creation in key sectors.
NDA leaders in Kerala endorsed the economic effects of India's Free Trade Agreements with the US and EU, arguing the accords will expand market access, boost manufacturing and exports in electronics, semiconductors, apparel and footwear, attract investment, spur startups and job creation, and position India as a competitive supplier. They criticised the state government's development record and opposition resistance. An industry representative denied any improper link to an enforcement notice, characterised inspections as routine, and said alleged violations must be proven in court.
February 5, 2026
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Garnet sand export quantities ordered disclosed; public interest outweighs commercial confidentiality after finding mining banned and canalisation.
The Central Information Commission ordered disclosure of year wise garnet sand and abrasive export quantities from firms near Visakhapatnam SEZ, finding public interest outweighs commercial confidence because mining of the mineral has been banned since 2013 and exports are allowed only through a restrictive canalisation mechanism; authorities must provide the export quantity details within 30 days.

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