Summary: India is considering a trade deal with the U.S. that would involve zero tariffs on certain imports, a significant shift from its protectionist stance. While this could benefit sectors like steel and pharmaceuticals, there are concerns about potential harm to domestic industries. Despite these risks, experts see opportunities in the Indian stock market, particularly in financials, materials, and healthcare, if a deal is reached.

Link: https://www.cnbc.com/2025/05/08/india-looks-ready-for-a-deal-with-the-us-but-at-what-costs-.html