Commerce and Industry Minister Piyush Goyal on Friday emphasised that India will only enter into trade agreements, including the proposed US Bilateral Trade Agreement (BTA), when they serve the country's national interests and offer mutual benefits.

India's equity benchmarks opened marginally higher on Wednesday following U.S. President Donald Trump's remark that the world's largest economy could reach a trade deal with India. U.S. Treasury Secretary Scott Bessent has indicated that both nations are nearing an agreement that would help India avoid sharp tariff increases.

The United States and India are racing to finalize a tariff-reducing trade deal ahead of President Donald Trumps July 9 deadline. While both sides have made progress, key disagreements remain, particularly over U.