India has agreed to cut tariffs ‘way down’, declares Trump | India News – The Times of India

NEW DELHI: US president Donald Trump on Friday said India had agreed to bring tariffs “way down”, while claiming credit for the move in yet another tirade against several “high-tariff” countries.“India charges us massive tariffs, you can’t even sell anything in India, it’s almost restrictive… By the way, they have agreed to cut their tariffs…

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India inks $248 million deal with Russia for T-72 tank engines | India News – The Times of India

NEW DELHI: India on Friday inked a $248 million contract with Russia’s state-owned Rosoboronexport (RoE) for procurement of 1,000 HP (horsepower) engines for its fleet of T-72 Tanks in “fully formed, completely knocked down and semi knocked down” conditions.“The deal also includes transfer of technology (ToT) from M/s RoE to M/s Armoured Vehicles Nigam Limited…

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