With Washington and New Delhi supposedly edging closer to a long-awaited bilateral trade agreement, optimism is rising across markets, particularly among investors eyeing India-focused exchange-traded funds (ETFs). This optimism is largely based on a report published by the Indian media outlet, Mint, according to which sources have confirmed that the United States is preparing to cut tariffs on Indian imports to between 15% and 16% from the current 50%, following India’s assurance to curtail its purchase of ...