'Positive progress' , 'fruitful discussions': India on bilateral trade talks with US
New Delhi [India], April 29 (ANI): India on Tuesday said that the meetings for negotiation of Bilateral Trade Agreement (BTA) with United States are making 'positive progress' and termed the discussions as 'fruitful.'
The Ministry further added that the team had fruitful discussions on a wide range of subjects, including tariff and non-tariff matters, during the meetings in Washington, DC.
The Indian and US sides held a meeting to discuss the ways for the first phase of the Bilateral Trade Agreement, which is scheduled to be finalised in the fall of the current year.
'During the meetings in Washington, D.C., the team had fruitful discussions on wide ranging subjects covering tariff and non-tariff matters. The team discussed the pathway for concluding the first tranche of the mutually beneficial, multi-sector Bilateral Trade Agreement by Fall of 2025, including through opportunities for early mutual wins. While productive Sectoral expert level engagements have taken place through the virtual format, in-person Sectoral engagements are planned from end of May,' the Ministry added.
The Ministry added that these productive discussions are part of bilateral efforts in line with the Leaders' Statement of February 2025, aimed at enhancing and expanding India-US economic ties and supply chain integration through the Bilateral Trade Agreement.
As part of the BTA, leaders of both countries have set a bold new goal for bilateral trade – 'Mission 500' – aiming to more than double total bilateral trade to USD 500 billion by 2030.
Recognising that this level of ambition would require new, fair-trade terms, both countries have announced plans to negotiate the first tranche of a mutually beneficial, multi-sector Bilateral Trade Agreement (BTA) by the fall of 2025.
Both countries have committed to designating senior representatives to advance these negotiations and to ensure that the trade relationship fully reflects the aspirations of the COMPACT.
To advance this innovative, wide-ranging BTA, the US and India will take an integrated approach to strengthen and deepen bilateral trade across the goods and services sector, and will work towards increasing market access, reducing tariff and non-tariff barriers, and deepening supply chain integration. (ANI)
This report is auto-generated from ANI news service. ThePrint holds no responsibility for its content.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
News18
28 minutes ago
- News18
'They Tortured Hindus': Sadhvi Pragya Alleges 'Congress Conspiracy' In Malegaon Blast Case
Curated By : Last Updated: August 03, 2025, 11:43 IST Sadhvi Pragya Singh Thakur (Image: X) Days after a special NIA court of Mumbai acquitted all seven accused in the Malegaon blast case, Sadhvi Pragya Singh Thakur on Sunday said that 'truth has triumphed". The former BJP MP received a warm welcome as she arrived at Raja Bhoj Airport in Madhya Pradesh. 'Dharma and truth were on our side, so we were bound to win. Satyameva Jayate! I had said this earlier, and this has been proven now. Vidharmion ke, deshdrohion ke munh kaale huye hain. They have received a reply. The country has always been with Dharma and truth, and it will always be," she added. Launching a scathing attack at Congress, she alleged that they 'tortured" Hindus and jailed them, slapping false cases, and stressed that the case was a conspiracy by Congress. 'Congresspeople have always adopted appeasement politics for Muslims. They used this in their regime. They tortured Hindus in every manner, jailed them and slapped false cases on them. They called it 'saffron terror' and 'Hindutva terror'. Congress harbours such a petty mindset. This was a conspiracy by Congress, and this qualifies as treason," she said. #WATCH | 2008 Malegaon blast case all accused acquitted | Bhopal, MP: BJP leader Sadhvi Pragya Singh Thakur says, 'I have said this again and again that Parambir Singh is a terrible man. He crossed all limits and broke all laws. He tortured me outside the framework of law. I was… ANI (@ANI) August 3, 2025 She further alleged that when Congress was in power in Maharashtra and Centre, they 'misused all government agencies and turned them corrupt. This was done by the UPA Govt". 'Officers of ATS had created this atmosphere of fear in the country, so nobody was able to express themselves… It was an attempt to scare people because there was a Congress government in Maharashtra and the Center," she said. Swipe Left For Next Video View all 'This was done by the UPA government… Several people, who were tortured by ATS, lost their life. But their family doesn't know where their body is…Several were killed, but their record was scrubbed," she added. On September 29, 2008, a bomb attached to a motorcycle exploded in Malegaon — a town with a significant Muslim population—killing six people and injuring around 100 others. view comments News india 'They Tortured Hindus': Sadhvi Pragya Alleges 'Congress Conspiracy' In Malegaon Blast Case Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy. Read More
News18
28 minutes ago
- News18
JSW Cement IPO: Rs 3,600-Crore Issue Opens August 7; Check Key Dates, Financials & More
Reported By : Last Updated: August 03, 2025, 11:47 IST JSW Cement To Launch Rs 3600 Cr IPO On August 07. JSW Cement IPO: The Sajjan Jindal-led JSW Group and backed by private equity firms Apollo Global and Synergy Metals, JSW Cement, is set to raise Rs 3,600 crore through its initial public offering (IPO), opening on August 7. The offer will remain open for subscription till August 11, while the anchor book for institutional investors will open on August 6. The total issue size is lower than the previously proposed Rs 4,000 crore, as per the latest red herring prospectus (RHP). The allotment of JSW Cement will be finalised on August 12, and JSW Cement shares will debut on the BSE and NSE on August 14. If launched, this would mark the first IPO from a large Indian cement player since Nuvoco Vistas' Rs 5,000 crore listing in August 2021, which was backed by the Nirma Group. It also comes less than a year after JSW Infrastructure's public listing in October 2023—the first IPO from the JSW Group in 13 years. JSW Cement's IPO plans arrive at a time of heightened consolidation and competitive intensity in India's cement sector, which has seen a series of mergers and acquisitions involving top players like UltraTech Cement (Aditya Birla Group) and the ACC-Ambuja combine (Adani Group). JSW Cement had earlier acquired Shiva Cement in 2017, which now acts as a clinker supplier—a key ingredient in cement manufacturing—for the parent company. The IPO is being managed by a consortium of investment banks including JM Financial, Kotak Mahindra Capital, Jefferies, Axis Capital, Citi, Goldman Sachs, DAM Capital, and SBI Capital Markets. Khaitan & Co is acting as the company's legal counsel. GMP for JSW Cement IPO has not started yet. JSW Cement's Expansion Plans JSW Cement focuses on manufacturing green cementitious products such as portland slag cement, portland composite cement, and ground granulated blast furnace slag. The company also produces ordinary portland cement and a range of allied products including ready-mix concrete, construction chemicals, waterproofing compounds, and screened slag. As of March 2024, the company had an installed grinding capacity of 20.60 million metric tonnes per annum (MMTPA) and clinker capacity of 6.44 MMTPA. According to the DRHP, proceeds from the fresh issue will be utilised for setting up a new integrated cement plant in Nagaur, Rajasthan, repaying debt, and general corporate purposes. Swipe Left For Next Video View all Founded in 2009 in southern India, JSW Cement currently operates seven plants across the country. The company aims to more than double its grinding capacity to 40.85 MMTPA and clinker capacity to 13.04 MMTPA in the coming years. Its long-term target is to reach a total cement production capacity of 60 MMTPA. Disclaimer: The views and investment tips by experts in this report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions. Varun Yadav Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst... Read More Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst... Read More Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates—only on News18. Also Download the News18 App to stay updated! view comments News business » ipo JSW Cement IPO: Rs 3,600-Crore Issue Opens August 7; Check Key Dates, Financials & More Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy. Read More
India.com
28 minutes ago
- India.com
Get Rs 7000 monthly without paying anything, Modi government launches new LIC scheme for...; check eligibility criteria
LIC- File image LIC Bima Sakhi Yojana: In a matter of good news for half of the Indian population, the Life Insurance Corporation of India, under the leadership of the Modi government has launched a new scheme named the Bima Sakhi Yojana under which subscribers will receive Rs 7000 monthly without paying any premium. Dedicated to women empowerment, the LIC scheme gives women an opportunity to become LIC agents and earn the monthly stipend along with proper training. LIC Bima Sakhi Yojana: What's the eligibility criteria? Under the LIC Bima Sakhi Yojna, selected members between the age of 18 to 70 will work as LIC agents and get a fixed sum of Rs 7000 monthly for the first year. Thereon, the agents will get Rs 6000 on a monthly basis from second year onwards provided that at least 65 percent of the policies opened during the first year should remain active. LIC Bima Sakhi Yojana: Who are not eligible? Notably, the women who are retired corporation employees, former agents, relatives, husband or wife, children, parents, siblings and in-laws of LIC employees will not be eligible for the scheme. What is the Bima Sakhi Yojana? The Bima Sakhi Yojana, also known as the Bima Sakhi Scheme, is an initiative by the Life Insurance Corporation of India (LIC) aimed at empowering women and promoting financial literacy and insurance awareness. The scheme is open to women aged between 18 and 70 who have passed at least the 10th standard. How will Bima Sakhi Yojana help Indian women? Under this programme, selected women receive specialised training and a monthly stipend for the first three years, helping them build a career as LIC agents. As per a report by IANS, the scheme is designed to equip women with the knowledge and skills needed to promote life insurance products effectively in their communities. Notably, one of the key goals of the Bima Sakhi Scheme is to improve financial literacy among women, enabling them to spread awareness about insurance within their local areas. (With inputs from agencies)
