Indian equities rebounded sharply after Union Budget 2026, with Nifty and Sensex rising nearly 3 per cent, boosted by the India-US trade deal cutting tariffs from 25 per cent to 18 per cent, triggering broad-based buying across sectors
03 February,2026 02:47 PM IST | Mumbai | mid-day online correspondent
Leading industry bodies said the deal would enhance the global competitiveness of Indian products, boost manufacturing growth, create jobs and strengthen supply chains. The agreement could benefit key export sectors such as textiles and apparel, gems and jewellery, as well as industrial and engineering goods
03 February,2026 02:46 PM IST | Mumbai | mid-day online correspondent-1770106970587_d.png "India-US trade agreement: An explainer")
The US has agreed to cut tariffs on Indian goods to 18 percent from 25 percent under a new trade deal announced by President Donald Trump after talks with Prime Minister Narendra Modi. The move is expected to boost Indian exports, especially labour-intensive sectors, while detailed terms of the agreement are awaited
03 February,2026 02:40 PM IST | New Delhi | PTI
External Affairs Minister S. Jaishankar is on a three-day official visit to the United States and is scheduled to meet US Secretary of State Marco Rubio in Washington on Tuesday. The talks will focus on cooperation in critical minerals, supply chain resilience and broader strategic and economic issues
03 February,2026 12:59 PM IST | Washington | IANSADVERTISEMENT
