US commerce secretary Howard Lutnick urged India to open up its agriculture sector for trade. Lutnick discussed a potential bilateral deal between India and the US, highlighting that a trade agreement would benefit both countries. He also addressed the need for India to reduce reliance on Russian military equipment and improve its relationship with the US.
Finance Ministry eases rules for bonus share issue by companies in FDI-barred sectors
The finance ministry has amended rules, effective June 11, 2025, allowing Indian companies in restricted FDI sectors to issue bonus shares to existing non-resident shareholders,