Indian FM speaks at Banking and Economic Conclave. (Source: Ministry of Finance Official X Account) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Efforts are being made towards the conclusion of India-US trade deal, and the final results remain awaited for now, Finance Minister Nirmala Sitharaman said on Thursday, while speaking at the 12th SBI Banking and Economic Conclave in Mumbai.

The two countries have been engaged in trade discussions in the backdrop of the United States imposing hefty 50% punitive tariffs on Indian exports to the US.

Towards the end of October, US President Donald Trump had said he is ready for a trade deal with India while speaking at the APEC CEOs luncheon in South Korea.

Trump emphasised his "great respect" for Prime Minister Narendra Modi w

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