India-US Trade Talks: No Formal Schedule This Week Despite Ambassador Gor's Optimism

• New US Ambassador to India, Sergio Gor, expressed optimism about India-US trade negotiations, hinting at soon-to-come talks.
• Indian government sources clarified that no formal trade talks are scheduled for this week, despite Gor's remarks.
• India believes its 'best-ever deal' proposal has reached US President Trump five times, with US ambition delaying final approval.
• Ambassador Gor highlighted 2026 as a year for trade reciprocity, focusing on fair trade, diversification, and reducing the trade deficit.
• India will join the US-led PAX Silica Initiative for a secure silicon supply chain, boosting shares of GMDC and NALCO.

Why It Matters: Despite Ambassador Gor's positive outlook, formal India-US trade talks are not scheduled this week.