India-US trade deal, July 5 -- As the deadline for the 90-day pause on tariffs announced by US President Donald Trump looms, investors have mostly stuck to the sidelines not just in India, but globally. The Indian stock market has entered a consolidation mode amid a lack of clarity, declining 0.7% for the week.

Commerce Minister Piyush Goyal has strongly indicated that India will not enter any trade deal under pressure, only once it is "fully finalised, properly concluded and in the national interest".

July 9 marks the end of the 90-day suspension period of the Trump tariffs imposed on dozens of countries, including India. An additional import duty of 26% was announced on Indian goods.

As per a PTI report, an official said that the Ind...