India remains a major supplier of generic medicines to the United States, with Indian manufacturers supplying around 40 per cent of the country's generic drugs, according to a report.
Abhishek Vij The most discussed topic so far for the year 2026 has been the India-US Trade Agreement and its draft. Both countries have repeatedly clarified their trade policies. These clarifications have sometimes revealed contradictions regarding agricultural goods, crude oil imports, and changes in tariff rates. Now, putting an end to all speculation, the trade.
New Delhi: Union Minister Piyush Goyal on Saturday placed farmers at the government’s defence of the India-US interim trade agreement, declaring the day would be “etched on golden letters” in India’s economic history. Unveiling details of the framework, Goyal asserted with “absolute certainty” that Indian farmers, dairy producers, MSMEs, artisans and craftsmen would not suffer.
The United States recently announced a 25% tariff on any country continuing to trade with Iran, aiming to pressure Tehran amid escalating geopolitical tensions. While the tariff seems straightforward, it could have larger implications for countries like India, where existing tariffs on exports to the US are already high. Why Analysts Are Talking About 50%.
Now, Trump has again changed his stance and called India his friend. He says that he has spoken to Modi and that India will now buy less oil from Russia.
