In a Diwali-timed diplomatic flourish, Prime Minister Narendra Modi received a festive call from US President Donald Trump on Tuesday, a gesture rich in symbolism and strategy. Official statements confirmed that the conversation touched on energy, trade, and regional stability, underscoring a growing alignment between New Delhi and Washington. Yet, beneath the warm words lies a far more substantial development β€” a pending trade pact that could reshape India's export trajectory.

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According to reports, India and the United States are close to finalising a long-awaited trade deal that would lower US tariffs on Indian goods from about 50% to 15–16%.

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