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India’s Modi praised for US trade deal as opposition questions impact on agriculture

NEW DELHI, February 3, 2026 (AP) — Indian lawmakers from the ruling coalition praised Prime Minister Narendra Modi on Tuesday for striking a deal with the U.S. that seeks to reduce tariffs on Indian goods, while the opposition raised questions on the impact on sensitive sectors such as agriculture. President Donald Trump on Monday announced he plans to reduce import tariff on India, six months after imposing steep taxes to punish New Delhi for its unabated purchase of Russian oil that he claimed helped fuel Moscow’s war machine against Ukraine. In a social media post, Trump said Modi has agreed

Rupee jumps 122 paise to close at 90.27 against US dollar on India-US trade deal

Mumbai, Feb 3 (PTI) The Indian rupee emerged as the best-performing Asian currency on Tuesday, registering a gain of 122 paise or 1.33 per cent in a single trading session to settle at 90.27 (provisional) against the US dollar, after India and the US agreed to a trade deal. Forex traders said the Indian rupee rose to the highest levels in two and a half weeks and rallied by around 1.5 pc on the trade deal between India and the US. Domestic indices also surged by around 2.75 per cent, boosting domestic market sentiments. Further, weakness in crude oil prices

Stock markets cheer India-US trade deal: Sensex, Nifty surge 2.5 pc

Mumbai, Feb 3 (PTI) Stock market benchmark indices Sensex and Nifty ended 2.5 per cent higher on Tuesday after India and the US agreed to a trade deal under which Washington will bring down the reciprocal tariff on Indian goods to 18 per cent. After starting the trade on a buoyant note, the 30-share BSE Sensex further jumped 4,205.27 points or 5.14 per cent to hit the day’s high of 85,871.73. It later ended at 83,739.13, up 2,072.67 points or 2.54 per cent. The 50-share NSE Nifty zoomed 639.15 points or 2.55 per cent to settle at 25,727.55. During the

Rahul authenticates article on ex-army chief’s ‘memoir’ on India-China conflict; LS impasse remains

New Delhi, Feb 3 (PTI) Leader of the Opposition Rahul Gandhi on Tuesday authenticated a copy of an article in the Lok Sabha which cited former army chief M M Naravane’s unpublished ‘memoir’ but it failed to end the impasse over the matter, leading to a brief adjournment. With Gandhi insisting on raising the issue in the Lok Sabha, Chair Krishna Prasad Tenneti moved on to other Speakers and asked Harish Balayogi of the TDP, an NDA constituent, to speak on the President’s address after three opposition MPs refused to speak, showing solidarity with Gandhi. As Balayogi spoke, opposition MPs

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