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The Economic Times

Business / The Economic Times

Piyush Goyal says, India's exports of USD 44 bn to US to get zero reciprocal tariffs under trade pact

India and the US will sign a trade pact by mid-March. Around USD 44 billion of Indian exports will enter the US duty-free. This agreement will boost trade and benefit Indian industries. It aims to achieve USD 500 billion in bilateral trade by 2030. The pact opens opportunities for MSMEs, farmers, and fishermen.

7 Feb 2026 6:48 pm
India-US trade agreement along with other FTAs positive for Indian economy: SBI Chairman

State Bank of India Chairman CS Setty views India-US trade deals and other FTAs as highly beneficial for India's economy. He notes the absence of tariff overhang opens global supply chain opportunities. The Reserve Bank of India's decision to maintain the repo rate was anticipated.

7 Feb 2026 5:55 pm
Interests of Indian farmers fully protected under Indo-US trade deal, asserts Shivraj Singh Chouhan

Union Agriculture Minister Shivraj Singh Chouhan stated that Indian farmers' interests are fully protected under the Indo-US trade deal. He dismissed opposition claims that the pact will harm cultivators. Chouhan highlighted that the agreement safeguards basmati, rice, spices, and textiles. He added that increased exports will boost farmers' incomes.

7 Feb 2026 5:54 pm
Nifty holds uptrend after volatile week but faces consolidation near highs

Nifty ended a volatile, event-driven week with gains, holding above key moving averages. The broader trend remains positive, but consolidation persists near resistance, suggesting selective, stock-specific strategies as momentum indicators stay neutral to mildly positive.

7 Feb 2026 5:04 pm
Vaishnaw: India in close talks with US on electronics, IP

India and the US have finalized an interim trade agreement. This deal focuses on electronics and intellectual property. It aims to boost trade in technology products like GPUs. Data centers are expected to see significant growth. This will create new opportunities for Indian startups and service providers. Investments in this sector are projected to exceed 200 billion dollars.

7 Feb 2026 3:54 pm
India-US interim trade pact framework sends strong signal of confidence to global investors: Industry

India and the US have reached a framework for an interim trade agreement, set to boost bilateral trade by reducing import duties on various goods. This move is seen by India Inc as a strong signal of confidence to global investors, enhancing competitiveness and supply chain resilience.

7 Feb 2026 3:51 pm
What India gave the US to seal a $500 billion interim trade deal

India has granted the US selective market access under a new trade agreement, allowing duty-free entry for products like animal feed, certain wines, and computer components. This calibrated approach aims to boost trade and economic growth while carefully protecting domestic industries and ensuring benefits for its citizens.

7 Feb 2026 2:47 pm
Piyush Goyal says farmers safe in US trade deal; India didn't budge on its red lines

India has secured its farmers' interests in a new trade agreement with the US, with Trade Minister Piyush Goyal confirming no genetically modified products will be imported. The deal offers zero additional tariffs on numerous Indian agricultural exports to the US, aiming to boost farmer incomes and strengthen exports.

7 Feb 2026 2:18 pm
Zero duty, open market: Goyal says US doors open tariff free for Indias farmers and pharma

India has achieved zero-duty access for numerous exports to the United States. This interim trade deal benefits agriculture, pharmaceuticals, and manufactured goods. Farmers' interests are protected as key agricultural products like tea, spices, and coffee will face no US import tariffs. Pharmaceutical exports worth billions will also be duty-free. This agreement highlights India's export strength and future market access.

7 Feb 2026 2:17 pm
SBI Q3 Results: Profit jumps 24% YoY to Rs 21,028 crore, NII rises 9%

SBI Q3 Results: India's largest public sector lender State Bank of India (SBI) on Saturday reported 24% year-on-year (YoY) growth in its standalone net profit at Rs 21,028 crore in the third quarter. Net interest income for the same period increased 9% YoY to Rs 45,190 crore.

7 Feb 2026 1:44 pm
F&O Talk | Nifty crosses 100-DMA, but consolidation looms; Sudeep Shah highlights 2 rally triggers

Indian markets closed strongly after the IndiaUS trade deal, snapping Niftys losing streak. Lower volatility, firm technical supports and selective sector strength support cautious optimism, though earnings visibility, FII consistency and IT sector weakness warrant consolidation and stock-specific strategies next week.

7 Feb 2026 1:24 pm
Alphabet-backed Aye Finance raises Rs 454 crore from anchor investors ahead of IPO; Goldman Sachs key investor

Alphabet-backed Aye Finance has raised Rs 454 crore from anchor investors ahead of its Rs 1,010 crore IPO opening on February 9. The anchor book includes Goldman Sachs and other global institutions, signalling strong confidence in the MSME-focused NBFCs scalable and profitable lending model.

7 Feb 2026 1:19 pm
India-US trade deal: America has stopped short of Indian red lines

The United States and India have agreed to an interim trade framework. This deal marks a significant step forward in bilateral economic ties. India has successfully protected its crucial agriculture and dairy sectors. The agreement focuses on specific tariff reductions and market access in non-sensitive areas. Further negotiations will continue towards a comprehensive trade agreement.

7 Feb 2026 12:51 pm
Crypto firm accidentally sends $40 bn in bitcoin to users

South Korean cryptocurrency exchange Bithumb mistakenly transferred over $40 billion worth of bitcoin to users during a promotional event. The exchange quickly blocked trading and withdrawals for affected users, recovering nearly all the misplaced funds. Bithumb apologized for the incident, which caused brief price volatility on its platform.

7 Feb 2026 12:36 pm
'India gains a competitive edge over rivals like Vietnam and Bangladesh...': Amitabh Kant on India-US trade deal framework

India's former G20 Sherpa Amitabh Kant stated that an interim trade agreement with the US will significantly boost Indian exports by reducing tariffs to 18% from 50%. This deal is expected to enhance India's competitive edge over countries like Vietnam and Bangladesh, while also strengthening supply chains against China and supporting the Rupee.

7 Feb 2026 12:36 pm
India's NSE to set up unit for proposed national coal trading exchange

India's National Stock Exchange has approved a new unit to manage a national coal trading platform. This platform will allow electronic trading of physical coal using standardized contracts. It aims to address price inefficiencies and improve access for smaller participants. The exchange will facilitate physical delivery and potentially derivative products in the future.

7 Feb 2026 12:32 pm
Big Tech's $600 billion AI spending plans add to investors' worries

Big tech's planned $600 billion AI spending surge in 2026 is fueling investor unease, impacting shares of Amazon and Alphabet. While Nvidia and Microsoft saw gains, data analytics firms like Thomson Reuters and RELX faced significant selling pressure due to existential threats from AI models.

7 Feb 2026 12:29 pm
Iran's surging crypto activity draws US scrutiny

Crypto use in Iran is surging amid sanctions and currency collapse, prompting U.S. scrutiny of platforms for possible sanctions evasion, while researchers debate the scale of state-linked activity versus retail adoption as millions turn to digital assets nationwide economic strain.

7 Feb 2026 12:28 pm
From wine to walnuts: IndiaUS trade deal set to make American imports cheaper

India-US trade deal: India and the United States have agreed to an interim trade deal. Tariffs on many US food and farm goods will be reduced in India. The US will also lower duties on Indian products. Both nations aim to ease trade issues and boost market access. Negotiations for a broader trade pact will continue.

7 Feb 2026 11:55 am
Investor angst turns to earnings after trade clouds clear

Indian stocks are navigating challenges despite trade agreements. Corporate earnings growth is lagging, and foreign investors are looking elsewhere. Recent AI advancements also impact tech giants. While trade deals offer some relief, the focus remains on strategic growth areas. Investors are cautiously optimistic about the Indian market's future.

7 Feb 2026 11:21 am
Bihar to form milk producers' committees in all villages in 2 yrs to boost dairy production: Nitish Kumar

Bihar government is establishing milk producer committees in all villages to boost dairy production, with plans to set up outlets in remaining villages within two years. The initiative aims to ensure fair prices for rearers and create employment opportunities, strengthening the rural economy. Sudha Milk outlets will be prioritized for JEEViKA 'didis' under the Saat Nischay-3 program.

7 Feb 2026 11:19 am
Where does the capex focus lie in Union Budget 2026?

Headline capex understates the Union Budgets infrastructure push. Adjusting for equity infusions, state and private spending, and extra-budgetary resources shows effective Centre infrastructure spending rose 18% year-on-year, led by defence, transport, housing, and water, alongside PLI and targeted tax incentives.

7 Feb 2026 11:01 am
120 smallcaps deliver double-digit returns in a week. Is this the recovery everyone's looking for?

Over 120 smallcap stocks posted double-digit gains in a single week, signalling a sharp rebound after months of selling pressure. While valuations have corrected and earnings remain stable in pockets, experts are divided on whether the rally marks a durable recovery or a tactical bounce driven by sentiment shifts.

7 Feb 2026 10:58 am
ETMarkets Smart Talk | Why the Budgets 4.3% fiscal deficit target is a positive for markets: Sunil Sanghai

NovaaOne Capitals Sunil Sanghai explains why the governments 4.3% fiscal deficit target reassures markets despite revenue constraints. In this ETMarkets Smart Talk, he highlights the importance of capex-led growth, fiscal discipline, and lesser-noticed structural reforms that could support long-term capital formation.

7 Feb 2026 10:55 am
IndiaUS trade deal to boost trade momentum, say FICCI, PHDCCI

India and the United States have announced a framework for an interim trade agreement. This deal aims to expand market access for exporters in both nations. It addresses tariffs and regulatory barriers, fostering collaboration in manufacturing and technology. India will gain tariff-free access to certain US aircraft and parts.

7 Feb 2026 10:50 am
Bullions biggest selloff: How macro shocks triggered a healthy correction in gold, silver

Gold and silver saw their sharpest selloff in months as macro shocks, including a stronger US dollar, CME margin hikes and profit booking, triggered a technical correction. Experts say the fall reflects a healthy reset rather than weakening fundamentals, with long-term demand for bullion remaining intact.

7 Feb 2026 10:47 am
IndiaUS trade deal: US envoy hails Modi, Trumps leadership

IndiaUS trade deal: A significant trade deal framework has been announced between the United States and India. US Ambassador Sergio Gor praised President Donald Trump and Prime Minister Narendra Modi for their leadership. This agreement aims to reduce trade barriers and tariffs. It will open India's market to American products. This marks a new era in US-India economic relations.

7 Feb 2026 10:32 am
FTA to boost Indian textiles, pharma, chemicals, agri exports as EU remains key trade partner: ICRA

India's new Free Trade Agreement with the European Union promises substantial benefits for key Indian industries. Sectors like textiles, pharmaceuticals, chemicals, and agriculture will see improved export competitiveness. The pact eliminates tariffs on most goods, boosting India's market access. This agreement is set to enhance trade, spur investment, and create jobs, strengthening India's global economic standing.

7 Feb 2026 10:27 am
IPO calendar: 3 issues worth Rs 3,871 crore hit the market next week as Fractal, Aye Finance hit markets

Indias IPO market gears up for a busy week as three issues worth Rs 3,871 crore open between February 9 and 16. Fractal Analytics and Aye Finance lead the mainboard segment, while Marushika Technology adds momentum on the SME platform.

7 Feb 2026 10:20 am
Markets eye brighter side: Sensex, Nifty recover from early losses amid IT rout

In a surprising turn of events, Indian stock markets rebounded on Friday after starting the day in the red. Traders reacted to optimistic developments surrounding a US-India trade agreement, even as apprehensions loomed over the global tech industry. Both the Nifty and Sensex climbed slightly, though the IT sector faced downturns.

7 Feb 2026 10:14 am
US tariff cut brings joy to handicraft traders, boosts export hopes

Sambhal's handicraft traders are experiencing renewed optimism following a significant reduction in US import tariffs. This move is expected to boost exports of artisanal products. The tariff cut from 50 percent to 18 percent is anticipated to revive international demand and clear suspended orders. This development signals a positive turn for the industry, promising growth and increased trade opportunities.

7 Feb 2026 10:05 am
Concurrent Gainers: 13 stocks that gain for 5 days in a row

Indian equities witnessed strong momentum as the Sensex surged 3.54% over five sessions ending February 6. Amid the rally, 33 BSE 500 stocks gained consistently, with 13 delivering uninterrupted five-day advances. These stocks posted cumulative returns ranging from 10% to 21%, highlighting broad-based market strength.

7 Feb 2026 10:02 am
India-US trade deal to boost exports, jobs; farmers interests safeguarded: Rajnath Singh

India and the United States have reached an interim trade agreement framework. This deal will boost exports and create jobs. Farmers' interests are protected. The US will reduce tariffs on Indian goods. India will lower tariffs on US industrial and agricultural products. India also plans to buy significant US energy and aircraft products over five years.

7 Feb 2026 10:02 am
USIndia $500 billion interim trade framework: Read the full formal text

The United States and India have announced a framework for an Interim Trade Agreement, building on their commitment to a broader Bilateral Trade Agreement. This agreement includes tariff reductions on U.S. goods by India and reciprocal tariffs by the U.S. on Indian products, alongside commitments to address non-tariff barriers and enhance supply chain resilience.

7 Feb 2026 9:46 am
Bitcoin rallies, tops $70,000 as risk assets stabilize

Bitcoin surged past $70,000, recovering from a 16-month low, buoyed by a tech stock and precious metals rebound. Despite a significant weekly dip and investor caution signaled by options markets, the digital currency showed resilience. This recovery follows a broader market rout, with the crypto space having lost substantial value since October.

7 Feb 2026 9:41 am
IndiaUS Trade Deal: Big promises, quiet protections what really happens to agriculture?

India and the United States have agreed on a framework for an interim trade deal. This agreement places agriculture at the forefront. The US anticipates greater access for its farm products in India. However, India has assured protection for its crucial agricultural sectors. This includes dairy, grains, and vegetables. The deal aims for mutual benefit and strengthens India's self-reliance.

7 Feb 2026 9:40 am
Oil prices climb on worries of possible Iran-US conflict

Oil prices rose on Friday. Traders feared US-Iran talks failed to ease conflict risk. Brent crude futures settled at $68.05 a barrel. US West Texas Intermediate crude finished at $63.55 a barrel. Tensions between the nations could disrupt oil flows. Kazakhstan's oil exports may fall. Saudi Arabia cut crude prices for March.

7 Feb 2026 9:38 am
India didnt succumb to Trumps pronouncements in trade deal, says ex-US Assistant Commerce Secretary

India-US trade deal framework: Former US Assistant Secretary of Commerce Raymond Vickery stated India is not ready to eliminate all tariff barriers, as reflected in the joint statement on the India-US Interim Trade Agreement. He noted the agreement helps bridge past discontinuities, though tariffs remain significantly higher than before.

7 Feb 2026 9:37 am
Gold bounces back on softer dollar, US-Iran concerns; silver rebounds

Gold rebounded on Friday, poised for a weekly gain driven by bargain hunting, a weaker dollar, and ongoing U.S.-Iran talks. Silver also recovered from a recent low, though both metals are showing signs of entering a commodity bust phase. CME Group raised margin requirements amid heightened volatility.

7 Feb 2026 9:32 am
US dollar heads for weekly rise, yen slumps ahead of Japan's election

The dollar retreated from two-week highs as risk assets rebounded, though it remained on track for a weekly gain. Concerns over AI spending drove global shares lower, while the yen weakened ahead of Japan's national election. Traders await U.S. jobs data, with expectations for potential Fed rate cuts.

7 Feb 2026 9:28 am
Europe's STOXX 600 rebounds in broad based gains; Stellantis plunge drags auto stocks

Europe's benchmark share index rebounded on Friday, with the STOXX 600 up 0.9% as investors digested mixed corporate earnings. Stellantis plunged on EV development charges, while defence stocks surged on strong results and orders. The index closed the week with a 1% gain, navigating AI-driven market shifts and ECB decisions.

7 Feb 2026 9:24 am
Global stocks, bitcoin rally, regaining some lost ground with precious metals

Global stock markets saw a strong rebound on Friday. Major indices like the Dow Jones and S&P 500 registered significant gains. Technology shares, especially chipmakers, recovered from sharp declines. Bitcoin and silver also bounced back from recent selloffs. Investors are closely watching U.S.-Iran talks and assessing economic data.

7 Feb 2026 9:21 am
Dow closes above 50,000, Nvidia soars as traders focus on AI spending

The Dow Jones Industrial Average crossed the 50,000 mark. Chipmakers like Nvidia surged as tech giants Amazon and Alphabet announced significant investments in AI infrastructure. This spending is expected to boost AI data center development. Software companies also saw gains, recovering from recent dips. The market showed a shift with investors diversifying away from tech.

7 Feb 2026 9:19 am
Wall Street Week Ahead: Tech stock shakeout clouds market ahead of economic data deluge

Investors face a volatile week as artificial intelligence reshapes the technology sector. Software stocks are experiencing a significant downturn. Upcoming economic data on employment and inflation will provide crucial insights. The Federal Reserve's interest rate decisions remain a key focus for market participants. Companies like AppLovin and Datadog will release their earnings reports.

7 Feb 2026 9:16 am
India, US agree on interim trade pact framework with 18% tariff on India

India and the United States have agreed on a framework for an interim trade pact that will cut tariffs on Indian-origin goods to 18% from 50% and pave the way for a comprehensive Bilateral Trade Agreement covering goods, services, supply chains and digital trade. The two sides will also address non-tariff barriers and set rules of origin to ensure benefits largely accrue to both countries.

7 Feb 2026 9:07 am
From drugs to aircraft parts, what India gets under the $500 billion US trade deal

India and the US have agreed on an interim trade framework, improving Indian market access for pharmaceuticals, gems, diamonds, and aircraft parts. This reciprocal agreement aims for balanced trade, resilient supply chains, and sets the stage for a broader Bilateral Trade Agreement, focusing on technology and digital trade.

7 Feb 2026 8:59 am
Inflation needs monitoring in FY27 as new CPI series kicks in: SBI Research

The Reserve Bank of India's monetary policy decisions for 2026-27 will depend on inflation trends. A new Consumer Price Index series begins soon. The RBI maintained its repo rate at 5.25 percent. GDP growth forecasts are positive. Retail inflation is projected at 2.1 percent for 2025-26. The rupee strengthened after policy announcements.

7 Feb 2026 8:54 am
India-US trade pact to expand market access for American farmers, producers: USTR

The United States Trade Representative (USTR) said the India-US interim trade agreement will expand access for American farmers and producers to one of the worlds largest markets. It said India has committed to eliminating or lowering tariffs on all US industrial goods and a wide range of agricultural products, while also addressing long-standing non-tariff barriers.

7 Feb 2026 8:43 am
Addressing non-tariff barriers to tech cooperation, BTA focuses on facilitating trade: Piyush Goyal

India and the United States have signed a significant trade deal. This agreement will ease market access and reduce trade barriers. Cooperation in advanced technologies, including GPUs, will expand. Indian exporters will benefit from reduced tariffs. The deal aims to boost bilateral trade and strengthen economic ties between the two nations.

7 Feb 2026 8:42 am