NEW DELHI (Reuters) - India and the UK have decided to resume talks on a proposed trade agreement, Indian Trade Minister Piyush Goyal said on Monday, adding that the countries will look to speed up negotiations.

The trade deal with the UK, talks for which began in 2022, assumes significance as it would be India’s first full-fledged agreement with a Western country, facilitating deeper economic integration with a major global services sector leader.

India slashed tariffs on bourbon whisky to 100 per cent from 150 per cent after Trump's criticized "unfair" levies in the South Asian market.

Apple could face significant hurdles if the Trump administration imposes reciprocal tariffs on electronics and smartphone imports from India, potentially disrupting its manufacturing investments in the country.

Indian Prime Minister Narendra Modi will come bearing gifts when he meets Donald Trump on Thursday, hoping concessions on tariffs, fresh business deals and the prospect of cooperation on China

The partnership is a pillar of Washington’s strategy in the Indo-Pacific region but faces challenges on issues including illegal immigration, visas and trade deficits.

India’s commerce minister will meet his British counterpart in New Delhi on Monday to revive talks on a trade deal between the two nations, at a time when the US President has unleashed a dramatic shift in global economy with his multiple plans for new tariffs.

Jonathan Reynolds, the UK's business and trade secretary, met his Indian counterpart Piyush Goyal in Delhi on Monday and kicked off the two-day discussions. The talks focused on "advancing" the negotiations and ensuring that the deal was "balanced,

India and the UK on Monday announced resumption of negotiations for the proposed free trade agreement (FTA), which is expected to double or even triple bilateral trade from the current USD 20 billion

India and the UK have resumed negotiations towards a Free Trade Agreement (FTA) between the two nations, the Ministry of Commerce and Industry said in a statement on Monday. Also Read: Zelenskyy proposes 'all-for-all' prisoners' swap as first step toward ending war on invasion anniversary This announcement has been made by the Union Commerce and Industry Minister Piyush Goyal and his UK counterpart

The UK and India are set to relaunch negotiations to clinch a multi-billion-pound Free Trade Agreement. UK Business and Trade Secretary Jonathan Reynolds is in New Delhi to meet his Indian counterpart,