Market Updates Today: A day after the market crash following the Budget's provision to hike Securities Transaction Tax (STT), the domestic equity market on Monday reclaimed much of its lost territory. After opening nearly flat, the NSE Nifty rose to the day's high
Airtel Free Subscription: The service was introduced as a special, short-term benefit to enhance Airtel's prepaid plans and give users a taste of premium AI capabilities. Airtel Free Subscription: Bharti Airtel has quietly pulled the plug on one of its most popular digital perks
When it comes to women's empowerment, everyday stories often leave the strongest impact. Recently, a Hyderabad-based man shared an inspiring story after meeting a single mother working as an Uber driver in the city. Suresh Kochattil, who works as a journalist, shared his experience on Facebook
Zoom Security Issues: The US-based video conferencing app Zoom has classified this flaw as “Critical”, giving it a CVSS score of 9.9 out of 10, which makes it one of the most dangerous software vulnerabilities. Zoom Security Issues: If you often use Zoom for work meetings
In a significant hardening of its diplomatic and strategic posture, India has categorically rejected the authority of the Permanent Court of Arbitration (PCA) in The Hague regarding the long-standing Indus Waters Treaty (IWT) dispute. As hearings continue in the Netherlands
India-US trade: Tariffs down to 18%, 500 billion dollar deal | Top points
India-US trade deal: Reciprocal tariffs down to 18%, Trump's claim of 500 billion dollar deal | What we know so far
India-US trade deal: In a post on his Truth Social handle, US President Trump referred to his conversation with Prime Minister Modi earlier in the day. He said that PM Modi was one of his greatest friends and a powerful and respected leader of his country.
India-US trade deal: US President Donald Trump on Monday announced that he and Prime Minister Narendra Modi “have agreed to a Trade Deal” between the United States and India, whereby the United States will charge a reduced reciprocal tariff, lowering it from 25 pr cent to 18 per cent.
In a post on his social media handle Truth Social, US President Trump referred to his conversation with Prime Minister Modi earlier in the day. He said that PM Modi was one of his greatest friends and a powerful and respected leader of his country.
Also Read- India gains edge over regional export competitors after tariffs drop to 18%, beats China, Bangladesh
Add Zee News as a Preferred Source
“It was an Honor to speak with Prime Minister Modi, of India, this morning. He is one of my greatest friends and, a Powerful and Respected Leader of his Country. We spoke about many things, including Trade, and ending the War with Russia and Ukraine,” Trump said in his post.
Trump also said PM Modi and he are two people that get things done. He claimed that the Prime Minister had agreed to “stop buying Russian Oil”, and to buy much more from the US. Indian government has for far not made any announcement about the trade deal with the United States.
Trump also said that the new US–India trade deal is effective immediately and claimed that India will buy over $500 billion in US goods.
Trump further claimed India will reduce tariffs and non-tariff barriers against the United States.
“He agreed to stop buying Russian Oil, and to buy much more from the United States and, potentially, Venezuela. This will help END THE WAR in Ukraine, which is taking place right now, with thousands of people dying each and every week! Out of friendship and respect for Prime Minister Modi and, as per his request, effective immediately, we agreed to a Trade Deal between the United States and India, whereby the United States will charge a reduced Reciprocal Tariff, lowering it from 25% to 18%,” he added.
“They will likewise move forward to reduce their Tariffs and Non Tariff Barriers against the United States, to ZERO. The Prime Minister also committed to “BUY AMERICAN,” at a much higher level, in addition to over $500 BILLION DOLLARS of U.S. Energy, Technology, Agricultural, Coal, and many other products. Our amazing relationship with India will be even stronger going forward. Prime Minister Modi and I are two people that GET THINGS DONE, something that cannot be said for most,” Trump added.
Prime Minister Modi on Monday said that it was wonderful to speak with his “dear friend President Trump” today and expressed delight that Made in India products will now have a reduced tariff of 18 per cent.
“Wonderful to speak with my dear friend President Trump today. Delighted that Made in India products will now have a reduced tariff of 18%. Big thanks to President Trump on behalf of the 1.4 billion people of India for this wonderful announcement,” PM Modi said in a post on X (formerly Twitter).
The Prime Minister said that when two large economies and the world's largest democracies work together, it benefits our people and unlocks immense opportunities for mutually beneficial cooperation.
The US will also drop the 25 per cent tariff linked to Russian oil purchases as part of India's agreement to stop buying crude from Russia, the White House said on Monday.
“As part of India's agreement to cease Russian oil purchases, the 25 per cent Russian oil-related tariff will be dropped,” a White House official told the news agency IANS after President Trump said that the two countries have reached a trade deal.
External Affairs Minister S. Jaishankar is on a visit to the United States from February 2-4 to participate in the Critical Minerals Ministerial convened by US Secretary of State Marco Rubio, according to an official release by the Ministry of External Affairs.
ANI reported that the Ministerial will focus on supply chain resilience, clean energy transitions, and strategic cooperation in critical minerals.
During the visit, the EAM will also hold meetings with senior members of the US administration.
(with agencies' inputs)
Source: ZeeNews
Related Posts: Trump raises tariffs on South Korea to 25% amid investment bill delay India, EU finalise trade deal, to cut tariffs on 97% European exports Doctor Breaks Down The Truth About Viral Body Detox And Cleansing Trends Record high prices pull India gold demand down 11 pc in 2025 Shriya Saran Shuts Down ‘South Actress’ Label What Are Analogue Bags & How Are They Helping Gen Z Cut Down On Phone Scrolling Trump threatens tariffs on any country selling oil to Cuba US government partially shuts down despite last minute funding deal US government shuts down but quick resolution expected Google shuts down massive Chinese proxy network that hijacked millions of device
Digital labour platforms – like fast food delivery and cab hailing services – are having a dramatic impact on people's labour rights and working conditions around the world. In western countries like the UK and the US, their rise has intensified a process of labour casualisation already
Just now
Oppo K14x India Launch: The upcoming model will succeed the Oppo K13x 5G, which was launched in June last year at a starting price of Rs. 11,999 for the 4GB RAM and 128GB storage variant. Oppo K14x India Launch: Chinese smartphone brand Oppo has announced that the Oppo K14x will officially launch
Just now
England wicketkeeper-batter Jos Buttler etched his name deeper into the record books on Sunday, reaching a major milestone during England's second T20I against Sri Lanka in the ongoing three-match series. England wicketkeeper-batter Jos Buttler etched his name deeper into the record books on Sunday
Just now
Finance Minister Nirmala Sitharaman has dismissed the DMK's allegations that the Bharatiya Janata Party is pressuring actor-turned-politician Vijay to join the NDA, asserting that the ruling party's anxiety itself shows how politically consequential he has become in Tamil Nadu
Just now
Banerjee contended that ongoing SIR will lead to disenfranchisement of lakhs of voters and disrupt the level playing field for parties in elections. She urged the court to direct that polls be held on the basis of rolls prepared last year. New Delhi: Mamata Banerjee has petitioned Supreme Court
Just now
MIAMI (AP) — An arbitrator has decided Miami Heat guard Terry Rozier should be receiving his $26.6 million salary for this season despite being on administrative leave while facing federal gambling-related charges, the National Basketball Players Association said Monday
Just now
Delhi weather today: Delhi residents woke up to low visibility as dense fog enveloped the city on Tuesday morning. The India Meteorological Department (IMD) issued an orange and red alert for parts of Delhi. IMD in its nowcast warning valid till 9:33 AM stated: “Very Dense Fog very likely
Just now
Twenty years after the original, The Devil Wears Prada 2 reunites Meryl Streep, Anne Hathaway, and Emily Blunt for a high-stakes fashion world comeback. Washington: Twenty years after 'The Devil Wears Prada' became a cultural touchstone, 20th Century Studios has released the first full trailer for
Just now
The tax holiday announced for data centres in the budget is expected to increase demand for large industrial land parcels, accelerate data centre leasing and campus development, and draw long-term foreign capital into India's industrial and commercial real estate markets
Just now
The developer of Notepad++ has reportedly noted that its software update mechanism was covertly hijacked for several months last year, with evidence suggesting the operation was carried out by a Chinese state sponsored threat group. According to Bleepingcomputer
Just now
The UK on Monday sanctioned 10 individuals, including Iran's interior minister and police chiefs, for their roles in "recent brutality against protesters", the British foreign ministry said. "The Iranian people have shown extreme courage in the face of brutality and repression over recent weeks
Just now
US President Donald Trump on Tuesday told reporters he had “nothing to do with" the late financier Jeffrey Epstein and claimed that newly released Justice Department files showed a conspiracy aimed at damaging him politically and costing him elections
Just now
US President Donald Trump announced that he agreed to a trade deal with India's Prime Minister Narendra Modi, where the US will lower tariffs on goods from India to 18% from 25%. In a post on Truth Social, Trump said India will reduce trade barriers to zero and will also stop buying Russian oil
Just now
China has banned hidden door handles on electric vehicles (EVs), becoming the first country to outlaw the controversial designs that were first popularised by multi-billionaire Elon Musk's Tesla. It comes as EVs are facing scrutiny from safety watchdogs around the world after a spate of deadly
Just now
LOS ANGELES (AP) — Coach Sean McVay and general manager Les Snead agreed to multiyear contract extensions to stay with the Los Angeles Rams on Monday, extending their successful nine-year partnership. And with his long-term future assured
Just now
Brussels would be "open‑minded" about discussing closer trade ties with the UK, including the possibility of working together on a customs union, the European Commissioner for finance has told the BBC. Valdis Dombrovskis said the bloc was "ready to engage" if the UK wanted to explore the move
Just now
The announcement by US President Donald Trump to cut its reciprocal tariff on Indian goods to 18% marks a meaningful shift in India's export competitiveness. For several Indian export categories, the India-US trade deal is expected to provide a major relief
Just now
Sometimes, even successful careers need a pause button. For R Madhavan, that pause lasted four years and it changed everything. The actor has now spoken openly about why he stepped away from films at the peak of his popularity, admitting that he no longer recognised himself in the work he was doing
Just now
On the morning of January 21, a group of around 70 people stood in front of the Tanot Mata temple in Rajasthan's Jaisalmer district, roughly 30 km away from the India-Pakistan border. After praying at the temple, the group began to beat drums and set off on a long march along the roads of the Thar
Just now
Ranveer Singh's Dhurandhar topped Netflix Pakistan after its OTT release, despite the film being banned theatrically. Ranveer Singh's Dhurandhar's theatrical release was banned in Pakistan. While the movie did amazing numbers at the box office
Just now
Chief Minister Mamata Banerjee of West Bengal walked out of a crucial meeting with the Chief Election Commissioner, citing feelings of disrespect and humiliation. She called for an immediate cessation of the ongoing special intensive revision process of electoral rolls
Just now
United States President Donald Trump on Monday said that India and the US had agreed to a trade deal and that he was cutting the so-called reciprocal tariffs imposed on New Delhi to 18% from 25% with immediate effect. The announcement came after Trump and Prime Minister Narendra Modi spoke on
Just now
A Lok Bhavan official in Itanagar said on Monday that towering at 22,831 feet above sea level, Mount Aconcagua is the highest peak in the Western Hemisphere and a formidable challenge even for seasoned mountaineers. This remarkable achievement marks yet another milestone in Yano's extraordinary
Just now
ISRO plans another PSLV rocket launch in June. This follows two recent mission failures. Minister Jitendra Singh stated sabotage is not suspected. He assured that reasons for the failures were different. ISRO has set up committees to analyze the issues
Just now
During the visit, Jaishankar will also meet senior members of the US administration. Details of those meetings were not disclosed yet. External Affairs Minister S Jaishankar arrived in New York on Monday for a three-day official visit to the United States focused on cooperation in critical minerals
Just now
Robotaxi pioneer Waymo has raised another $16 billion to help fuel its ambition for its fleet of self-driving cars to provide rides throughout the world while other deep-pocketed rival services backed by Tesla and Amazon try to catch up. The fundraising announced Monday values Waymo at $126 billion
Just now
According to the police, they first considered giving Prachi up for adoption, but dropped the plan since it would not have solved the problem, she would still have been officially recorded as his child in the birth certificate. A 28-year-old man from Maharashtra allegedly murdered one of his three
Just now
