President Donald Trump’s threat to impose new tariffs on India over its participation in the BRICS forum puts New Delhi in a tough position as it races to finalize a favorable trade deal with the US.

India's stock benchmarks are poised to open higher on Thursday, supported by expectations of a trade deal with the United States and optimism over June-quarter corporate earnings.

New Delhi: India, which is negotiating a trade pact with the US, has not figured in the list of countries that have been issued tariff letters by the Trump administration on Wednesday so far. The decision will provide relief to Indian exporters, as both countries are currently engaged in negotiations for a trade agreement.

Focus of Mr. Market is always on the India Inc. earnings performance in the long-term. Tariffs are one of the factors which could impact those, said Vikas Gupta of OmniScience Capital.

Trump’s trade adviser Peter Navarro had said that the administration would deliver “90 deals in 90 days,” a number that was subsequently tempered by Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick to about 12 trade deals.

Google has launched a suite of its AI-powered advertising tools in India, which debuted in the U.S. in May, as the repeal of the so-called "Google tax"

Hundreds of thousands of workers in India went on strike, opposing Prime Minister Narendra Modi's privatization plans and economic reforms

States like Tamil Nadu are dangling tax breaks and fast-tracking infrastructure, helping the country shake off its reputation as a difficult place to do business.

A trade deal between India and the United States would be strategically important and could send a strong message to global markets, says former Foreign Secretary Harsh Vardhan Shringla. Speaking to CNBC-TV18,