10-August-2026
Economy News
 
US sanctions bill makes India-US trade deal more critical, may push up import bill: Economist
10-Aug-2026

The proposed US sanctions legislation targeting buyers of Russian crude makes it more critical for India to negotiate a trade deal with the United States, while any disruption to crude supplies could raise India's import bill and put pressure on the rupee, Bank of Baroda Chief Economist Madan Sabnavis said.

News Source:- https://economictimes.indiatimes.com/news/economy/foreign-trade/us-sanctions-bill-makes-india-us-trade-deal-more-critical-may-push-up-import-bill-economist/articleshow/133047587.cms
 
 
 

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