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India, U.S. near trade deal with major tariff cuts, reduced Russian oil purchases

US President Donald Trump and Indian Prime Minister Narendra Modi arrive to hold a joint press conference in the East Room of the White House in Washington, DC, on February 13, 2025. Jim Watson | Afp | Getty Images The U.S. could substantially slash tariffs on Indian exports as New Delhi and Washington near a … Read more

From Iselin to India: What we learned about tariffs, trade and trust

It’s Diwali season — a five-day period when Hindus around the world commemorate the triumph of light over darkness on the Indian subcontinent centuries ago. But the colorful Diwali celebrations held annually in Indian-American communities throughout the United States are more muted this year compared to the past. The reason? Prices on everything from saris … Read more

Trump says Modi assured him India will stop Russian oil purchases

The India-flagged oil tanker Desh Ujaala is pictured in the Gulf waters near Al-Basrah Oil Terminal (ABOT), about 50 kilometres offshore of Iraq’s southern Faw peninsula, on August 5, 2025. Hussein Faleh | AFP | Getty Images U.S. President Donald Trump said Wednesday that Indian Prime Minister Narendra Modi told him New Delhi will stop … Read more

Google to invest $10 billion in AI data center project in India

Prakash Singh | AFP | Getty Images Google will invest $10 billion into building new data centers in southern India, according to local officials, marking one of its largest investments in the South Asian nation as tech giants scramble to meet the exploding demand for AI.  Minister for Human Resources Development of the Indian state … Read more

LG Electronics India shares surge 50% on market debut after bumper IPO

LG Electronics India is seeking a valuation of up to 774 billion rupees ($8.71 billion) in its long-delayed initial public offering, tapping into a bustling IPO market with one of India’s largest offerings so far this year. Nurphoto | Nurphoto | Getty Images LG Electronics India’s shares surged 50% on their market debut Tuesday, after the company’s initial … Read more

India widens probe into unreported crypto income on Binance

Indian tax authorities have launched a nationwide crackdown on hundreds of high-net-worth individuals accused of hiding cryptocurrency trades on Binance, the world’s largest crypto exchange. Summary The Central Board of Direct Taxes (CBDT) has reportedly directed investigation wings across major cities to submit progress reports by Oct. 17, targeting traders who bypassed India’s steep crypto … Read more

Andreessen Horowitz denies report of India office, calls it ‘fake news’

Venture capital firm Andreessen Horowitz (a16z) has pushed back on local media reports suggesting it plans to open an office in India, with a general partner calling the coverage “entirely fake news.” Earlier on Thursday, Indian media outlets reported that a16z was preparing to establish a physical presence in the country by setting up an … Read more

India pilots AI chatbot-led e-commerce with ChatGPT, Gemini, Claude in the mix

India has kicked off a pilot to let consumers shop and pay directly through AI chatbots, with OpenAI’s ChatGPT leading the rollout and integrations with Google’s Gemini and Anthropic’s Claude in development, as the South Asian nation becomes the next major market for global AI companies. On Thursday, the National Payments Corporation of India (NPCI), … Read more

Google’s Search Live comes to India, AI Mode gets more languages

Google is bringing its AI-powered conversational search feature, Search Live, to India — launching in English and Hindi — and expanding AI Mode to seven new Indian languages, as the company strengthens its presence in one of its fastest-growing markets. First introduced in the U.S. in July, Search Live builds on Google’s Project Astra technology … Read more

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