India said on Thursday it was studying the impact of the 27% tariff slapped by the U.S. on its imports and vowed to push for a trade deal this year, signalling a conciliatory tone despite failing to get relief from President Donald Trump's trade policy.

As part of this move, he announced 26% reciprocal tariffs on India. The BBC's Nikhil Inamdar explains what this means for Delhi. Note: While President Trump said 26% in the press conference, the official order says 27%.

India reacted cautiously on Thursday to US President Donald Trump's sweeping tariffs, with the government saying it was examining both "implications" and "opportunities" from the duty hikes.

The Indian rupee is poised to fall at open on Thursday, driven by the decline in Asian equity and currency markets after U.S. President Donald Trump's imposition of broad-based tariffs.

Donald Trump has announced sweeping new universal tariffs tonight on all imports into the United States. Justin, Sarah and Anthony unpack the U.S. president’s speech at the White House. Which countries are worst affected?

Indian shares are set to open lower on Thursday after U.S. President Donald Trump imposed a 26% reciprocal tariff on imports from the South Asian nation.