No Binding USD 500bn US Purchase In India Trade Pact – Intent Only Says Commerce Minister Piyush Goyal

Union Commerce and Industry Minister Piyush Goyal has clarified the $500 billion figure in the India-US interim trade agreement, emphasising that India does not face any binding obligation to purchase that amount from the United States.Speaking to ANI on 8 February 2026, Goyal stated that the agreement reflects India’s intent to procure products based on its expanding commercial needs, rather

February 9, 2026
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US, India Lead Global Push For Diversified Critical Minerals Supply Chains Amid Concentration Risks

The United States, alongside its partners and allies, has launched bold initiatives at the 2026 Critical Minerals Ministerial to forge secure and resilient supply chains for critical minerals and rare earths. Held in Washington DC, the event underscored the pivotal role these resources play in powering advanced technologies such as AI, robotics, batteries, and autonomous devices that are

February 6, 2026
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