Highlights:
India to boost US energy and gas imports to balance trade relations.
Tariff hikes up to 50 per cent by the Trump administration earlier strained bilateral ties.
Exports to the US dropped from $8.01 billion in July to $6.86 billion in August.
Bilateral trade goal set at $500 billion by 2030.
India seeks US private investment in the renewable and nuclear energy sectors.
India and the United States are set to resume trade talks this week, signalling renewed diplomatic warmth after a tense few months of tariff battles and geopolitical disagreements. According to officials, New Delhi plans to increase energy and gas imports from the US, a strategic move aimed at reassuring Washington amid criticism of India’s continued Russian oil purchases.
The decision marks a new phase in