India’s chief economic adviser said he would be surprised if an “elusive” trade deal with the US isn’t signed by March, as most trade-related issues have been resolved https://t.co/Ti6Mpg7Xpc ...

Geopolitical & Trade Relations - Indonesia resists US trade-deal demands due to concerns about its independence [1] - The resistance is particularly focused on critical minerals and energy sectors [1] - Indonesia fears the trade deal could strain its relations with China and Russia [1]

Two separate US delegations are in New Delhi this week to hold talks with their India counterparts, seeking to repair bilateral ties even as a trade deal remains elusive https://t.co/xxLaEha2le ...

What would be your advice for the Republican leadership, knowing that John Thune promised Democrats a floor vote. The House is in question. Yeah, So I think Senator Thune, Leader Thune is certainly going to fulfill that commitment.I think we know that that agreement, which is just a major extension of that, won't come forward. You know, in the House, I think they're frustrated because those eight weeks of the shutdown wasted the time to be able to do the negotiations. So the clock's ticking.Very quickly. Ye ...

India’s rupee fell past a key psychological level of 90 per dollar as delays in finalizing a crucial trade deal with the US hurt sentiment https://t.co/Oj0gaUk4bD ...

The Indian rupee has tested a series of record lows this year, and some analysts warn it could slip to the psychologically key 90-per-dollar level if a crucial trade deal with the US doesn’t materialize soon. https://t.co/oEVf23TIUQ ...

The Indian rupee falls to a record low on uncertainties over US trade deal https://t.co/Lgrk26nyCF ...

India remains committed to reaching a “fair, equitable and balanced” trade deal with the US, the country’s trade minister says, a day after his ministry announced that a final agreement is expected soon https://t.co/oksBlK3U4P ...

Economic Growth Forecast - The GDP growth forecast for India is projected to be around 7% to 7.5% for the upcoming quarters, driven by factors such as GST cuts and strong retail demand [1][2][3] - The September GDP data is expected to show strong performance due to the positive impact of GST cuts, with manufacturers ramping up production quickly [2][3] Government Spending and Tax Revenue - There are concerns that consumer spending may soften in the March quarter as the initial boost from GST cuts subsides, particularly after the Diwali season [4] - The government is facing challenges with tax revenues, which have not been strong, leading to potential cuts in expenditure to balance the budget [4] US-India Trade Deal - The US-India trade deal negotiations are reportedly in an advanced state, with expectations that India has opened its non-food agricultural sector to US imports [6][7] - Analysts are divided on the potential impact of the trade deal on Indian farmers, but there is optimism regarding domestic reforms [5][6] Market Reactions - Markets have partially priced in a reduction of tariffs from 50% to around 25%, but a more significant positive reaction may require tariffs to be closer to 15% to 20% [7][8] - There is cautious optimism regarding the trade deal, with the understanding that unexpected shifts can occur [9][10]

Switzerland’s economy contracted in the third quarter, highlighting the impact outsized US tariffs had before officials secured a trade deal https://t.co/3kkImAxb0l ...