New Delhi: The long-pending trade agreement between India and the United States is likely to be finalized soon. If successful, the agreement is expected to reduce US tariffs on goods imported from India by 15-16%, according to reports.Also Read: $100 Million Heist at Paris Louvre: Thieves Steal Priceless Imperial Jewels in "Movie-Style" Raid!

Additionally, the deal is seen as a signal that India may reduce its crude oil purchases from Russia. US President Donald Trump stated on Tuesday that discussions with Indian Prime Minister Narendra Modi emphasized trade as a key focus. Trump also noted that Modi assured limiting oil purchases from Russia, with energy being a topic of discussion.Also Read: Gold Prices in India Decline: Potential for Investment Surge! How Much is the Drop Today?

While Modi confirmed the conversation, he did not disclose specific details. In a post on the social media platform X, Modi expressed gratitude to President Trump for his Diwali wishes, stating, “May our two democratic nations continue to illuminate the world with hope. On Diwali, I wish we stand united against all forms of terrorism.”SGF11 Women's Kanjivaram Pure Soft Silk Saree For Women Pure Golden Zari With Blouse Piece