New Delhi, Nov. 17 -- A much-awaited India-US trade deal may be on the horizon, with media reports suggesting that both countries could announce the nearly finalised agreement by the end of November.

According to a Deccan Chronicle report, India will allow duty-free import of soybean, corn and certain dairy products from the US. Earlier, news agency ANI reported that government officials aware of the development over the bilateral trade agreement (BTA) between the two nations said that another round of trade negotiations may not be required.

US tariffs on India, at 50 per cent, have been among the biggest factors behind volatility in the Indian stock market this year. As a potential deal appears near, can it trigger a trend reversal in ...