US signals progress in trade talks with India, deal possible this year

Washington has signalled progress in trade negotiations with India, with a senior US official citing a lot of positive developments and suggesting a deal could emerge before the end of the year.   Talks are focused on a reciprocal trade agreement to balance tariffs and market access, alongside concerns over India’s purchases of Russian oil.   The official highlighted improvements on the Russian oil front while noting more work remains. The announcement comes amid Washington’s b...