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The visit that was expected to take place between Aug. 25 and Aug. 29 will likely be rescheduled, NDTV reported, citing people familiar with the matter.
The US embassy in New Delhi said it has no further information on the trade and tariff talks, which are being managed by the United States Trade Representative.
India's equity benchmarks jumped more than 1% on Monday, after the government proposed sweeping changes to the complex goods and services tax regime, which will make daily essentials and electronics cheaper from October.
The Seattle skyline flared in new colors on Friday as the Indian Tricolor was hoisted atop the city’s iconic Space Needle for the very first time, marking India’s 79th Independence Day.
During his Friday speech, Modi also hinted India would continue its unilateral suspension of the Indus Water Treaty. The treaty, which India suspended after the April massacre, allows sharing of the Indus River that runs about 2,897 kilometers (1,800 miles) through South Asia and is a lifeline for both countries.
Shubman Gill is reportedly unlikely to make the cut for India’s squad in the upcoming Asia Cup 2025, with Yashasvi Jaiswal set to receive the nod as the third opener for the continental tournament.
India's equity benchmarks are set to open higher on Monday, buoyed by cooling Russian oil supply concerns after a meeting between the U.S. and Russian Presidents and New Delhi's proposed goods and services tax reforms.