While many specific details of the India-U.S. deal are yet to be fully hashed out — in contrast with last week's comprehensive agreement between the EU and India — India's manufacturing sector is seen as a major initial beneficiary, according to investors, while I.T. and pharmaceuticals could also see a boost.

Indian lawmakers from the ruling coalition praised Prime Minister Narendra Modi for striking a deal with the U.S. to reduce tariffs on Indian goods.

India’s central bank kept its policy rate unchanged on Friday, as a U.S.-India trade deal eased a key economic headwind, for now.

US President Donald Trump on Monday said that India and the US have agreed to a trade deal. On his part, Prime Minister Narendra Modi said he was delighted that "made in India products will now have a reduced tariff of 18 per cent".

India’s US trade deal has sparked backlash in Pakistan, where critics say months of outreach failed as New Delhi secured lower tariffs. India’s newly concluded trade agreement with the United States has triggered a wave of criticism and soul-searching in Pakistan,

U.S. President Donald Trump on Monday stateside said that U.S. will cut reciprocal tariff on India to 18% from 25%.

Bank of America sees upside risks to India's FY27 GDP projections of 6.8% due to a trade deal that enhances export competitiveness and reduces tariff burdens. The RBI is expected to maintain rates, focusing on liquidity management as growth outlook improves.

Indias bilateral trade ties US just got a made upgrade after Donald Trump on February 2nd announced a new India-US trade deal after a telephonic conversation with Narendra Modi, sharply cutting US tariffs on Indian exports.