The indexes, which had been swinging between gains and losses, rose sharply after Trump's remarks, with the Nifty 50 closing the day 1.6% higher at 25,062.10 and the BSE Sensex gaining 1.48% to 82,530.

United States President Donald Trump on Thursday in Doha said that India had offered the U.S. a trade deal with zero tariffs. The Indian government “offered us a deal where basically they are willing to literally charge us no tariff",

The iPhone maker is diversifying production to India amid tensions between the U.S. and China — but the U.S. president wants it to move stateside.

Delhi’s WTO complaint on US steel and aluminium tariffs highlights India’s aim to protect its trade interests without direct retaliation, observers said.

Could end theatrical releases in US’ - US president wants to impose 100 per cent levy on all films made outside US

The document states that India’s move involves suspending certain concessions and increasing tariffs on selected US products.

The Trump administration has made moves to ease tariff tensions with China but new reports indicate that prices, including for cars, are on the rise.

Donald Trump’s threat to impose a 100 per cent tariff on all movies made outside America has left the world’s largest film industry in India wondering how deep the impact could be. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.