Newsquawk Logo

PRE-MARKET INDIAN STOCKS NEWS: US President Trump announced US and India agreed to a trade deal

President Trump's announcement about a US-India trade deal and India's commitment to reduce reliance on Russian oil has significant implications for bilateral relations.

Newsquawk StaffPublished On the live feed at , 20 minutes before this page
Newsquawk headlinesUTC

RBA Governor Bullock says pulse of inflation is too strong and that high inflation hurts all Australians

US President Trumpsaid he is seeking USD 1bln of damages from Harvard

PRE-MARKET INDIAN STOCKS NEWS: US President Trump announced US and India agreed to a trade deal

Japan sells JPY 1.99tln 10yr JGBs, b/c 3.20x (prev. 3.30x), average yield 2.249% (prev. 2.095%)

RBA hikes the Cash Rate by 25bps to 3.85%, as expected, with the decision unanimous, while it stated that inflation is likely to remain above target for some time

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free
Free. No signup, no card.

Indus Towers (INDUSTOW IS) - Co. Q3 (INR) profit fell 55.6% Y/Y to 17.8bln, rev. rose 7.9% Y/Y to 81.5bln. (Moneycontrol)

PB Fintech (POLICYBZ IS) - Co. Q3 (INR) profit rose 165% Y/Y to 1.9bln, rev. rose 37.1% Y/Y to 17.7bln. (Moneycontrol)

UPL (UPLL IS) - Co. Q3 (INR) consolidated profit fell 52.2% Y/Y to 4.0bln, rev. rose 12.5% Y/Y to 122.7bln. (Moneycontrol)

Other News

US President Trump posted on Truth that it was an honour to speak with Indian PM Modi, who agreed to stop buying Russian oil, and to buy much more from the US and, potentially, Venezuela. Trump added that they agreed to a trade deal between the US and India, whereby the US will charge a reduced Reciprocal Tariff, lowering it from 25% to 18%, while India will move forward to reduce tariffs and non-tariff barriers against the US to zero. Furthermore, Modi also committed to “BUY AMERICAN,” at a much higher level, in addition to over USD 500bln of US energy, tech, agricultural, coal, and many other products.

White House official said the US is also dropping 25% additional tariff on Indian imports since India is reducing purchases of Russian oil.

Context

Lowering tariffs could enhance trade flows, benefiting both markets, while the shift away from Russian oil emphasizes geopolitical alignments and energy security. Traders should monitor how this impacts equities, commodities, and currency markets, particularly the USD and INR, as well as sector-specific responses.

Related headlines

The whole workspace, free to try.

Try it free
Newsquawk Logo

© 2026 Newsquawk. All rights reserved.