US May Cut India Tariff to 15-16% in Trade Deal
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India and the U.S. are close to finalizing a trade deal to lower tariffs, boost bilateral trade, and strengthen strategic ties amid shifting global dynamics.
The cluster-based model promotes scalable adoption by tailoring interventions to sector-specific needs—textiles in Tamil Nadu, food processing in Punjab, or handicrafts in the Northeast.
While there are indications that India and the United States could work towards cutting the Gordian Knot, the two governments would do well to extend the earlier timeline for concluding the trade deal by the fall of 2025, which should give them enough time to iron out India’s sensitivities.
The WEF report says AI’s potential to tackle agriculture’s complex challenges, combined with the many obstacles in deploying the technology together, underscores the need for a clear and well-defined framework to develop an AI ecosystem for agriculture.
India has climbed to ninth globally in forest area, a significant jump from tenth, and maintains third place for annual net forest gain. This achievement, highlighted in the latest UN FAO report, is attributed to government policies and massive plantation drives.
The proposed agreement mainly focusses on the energy and agriculture sectors. One of the key elements under discussion is India’s gradual reduction of crude oil imports from Russia, a move that aligns with Washington’s efforts to limit global dependence on Russian energy supplies.
India's forest ranking improved to 9th globally, maintaining 3rd in annual forest gain, amid ongoing challenges in forest ecosystem health, FAO reports.
Afghanistan’s Foreign Minister Amir Khan Muttaqi invites India to invest in key sectors including minerals, agriculture, and sports, highlighting reserves worth $1 trillion. He also requests the reopening of the Wagah border to boost bilateral trade and economic cooperation,
WEF and GoI launch AI playbooks for SMEs & agriculture to accelerate responsible AI adoption in India. Learn more about the AI for India 2030 initiative.