A narrowing trade surplus with the US and pressure on the balance of payments, driven by a widening trade deficit and volatile global capital flows, have made Indian policymakers cautious

Both India and the US have signaled that the first phase of a landmark trade deal is close. DW looks at the main challenges in getting a deal past the finish line.

Both India and the US have signaled that the first phase of a landmark trade deal is close. DW looks at the main challenges in getting a deal past the finish line.

A narrowing trade surplus with the US and pressure on the balance of payments, driven by a widening trade deficit and volatile global capital flows, have made Indian policymakers…