Pakistan, July 13 -- India and the United States have failed to reach a consensus on an interim trade agreement, with New Delhi insisting on more favourable terms before signing any deal. Indian officials said negotiations remain active but stressed that national interests will not be compromised. The impasse comes as India gains confidence from stronger economic performance and expanding global trade partnerships.

India's Commerce Minister Piyush Goyal said both countries remain committed to negotiating a balanced and commercially meaningful agreement. However, officials said recent talks failed because Washington did not guarantee tariff advantages for Indian exports or rule out future US trade levies. New Delhi also refused to make co...