India and the United States on Monday reaffirmed their commitment to an “early conclusion” of a bilateral trade agreement.

The domestic share market indices ended on a positive note on Tuesday, snapping a three-day losing streak.

Trump’s tariffs announcement has shaken the global financial markets. Economists predict be higher US prices and slower growth.

JPMorgan Chase & Co. said it expects the US economy to fall into a recession this year after accounting for the likely impact of tariffs.

India is closely assessing the recent tariff hike imposed by the United States and its potential impact on the domestic economy.

India and China are the only developing countries in the world with significant private investments in AI in 2023.