BUSINESS India-US trade deal: 25% penal tariffs linked to Russian oil gone? Here’s what we know Sumitra February 3, 2026 Donald Trump has claimed that the trade deal has been agreed after India has agreed to reduce tariffs on US goods to zero, committed to stop buying Russian crude and step up oil purchases from America, and potentially Venezuela. Continue Reading Previous: Budget 2026 backs manufacturing, logistics and SEZ reforms to boost shipments, says Commerce SecretaryNext: India-US trade deal clarity: Pharma exporters gain edge in US; sector eyes growth boost Related Stories BUSINESS Merchant charges for UPI soon? LS passes bill authorising govt to allow banks to levy fees – top facts Sumitra August 7, 2026 BUSINESS 100% tariffs: Why India may ignore Trump threat and continue buying Russian crude oil Sumitra August 7, 2026 BUSINESS Liquidity surge due to NRI deposits to be limited and temporary: RBI Sumitra August 6, 2026