US to impose 25% tariffs on imported trucks from Nov 1, ECI Announces Rajya Sabha bye-election schedule for Punjab, CM Mamata Banerjee announced Rs 5 lakh ex-gratia and a Special Homeguard job for a kin of the flood victims of North Bengal,

FM Sitharaman met US delegation to boost India-US partnership

Union Finance Minister Nirmala Sitharaman on Monday met with a US delegation in New Delhi to discuss ongoing geopolitical developments and areas of mutual interest between India and the United States.The visiting delegation was led by Walter Russell Mead, a distinguished fellow at the Hudson Institute, one of Washington’s leading think tanks. The meeting underscored the growing strategic and economic engagement between the two countries amid global shifts and evolving trade dynamics.“Union Minister for Finance and Corporate Affairs @nsitharaman interacted with a US delegation led by Mr Walter Russell Mead, @HudsonInstitute, in New Delhi, today,” the Ministry of Finance posted on X. “Discussions focused on geopolitical developments and shared interests within the India-US partnership,” the ministry added.


According to the information, the delegation included representatives from several prominent American institutions such as the Hudson Institute, American Enterprise Institute, Eagle Capital Management, Crow Holdings, and Rationalwave Capital Partners.The meeting comes at a crucial time when both nations are navigating complex trade discussions and strategic realignments. With the ongoing tariff-related differences between India and the US, the resumption of high-level trade talks has offered renewed optimism for Indian exporters and manufacturers.Earlier this month, United States Trade Representative (USTR) Jamieson Greer described India’s stance in trade negotiations as “pragmatic” and confirmed that both sides are actively working toward a mutually beneficial trade agreement.
“The Indians are being pragmatic. We have actually been having conversations with the Indians from day one of the administration on the trade side of the ledger. So, when you talk about a 50 per cent tariff on India, half of that 25 per cent is really the trade-related. It’s the reciprocal tariff. It’s where we’re trying to negotiate a deal,” stated Greer. His remarks came shortly after his meeting with Commerce and Industry Minister Piyush Goyal in New York on September 22.The ongoing diplomatic outreach also follows discussions between External Affairs Minister S Jaishankar and US Secretary of State Marco Rubio on the sidelines of the UN General Assembly last month. Rubio commended the growing economic engagement and described India as a “critical partner” for the United States in maintaining stability and growth in the Indo-Pacific region.

(Business Correspondent)


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