New Delhi, Feb. 27 -- Union Commerce and Industry Minister Piyush Goyal on Friday said India has adopted a cautious, observational stance after the US Supreme Court's decision regarding American tariffs. Labelling the current climate as "evolving", Goyal said that should conditions shift, the US-India trade agreement "would be rebalanced".

Addressing a gathering, the minister said, "There are different evolving dialogues that are going on. We'll have to watch. And by the way, you must have read my joint statement that we have finalized with the US. It has categorically said that should the circumstances change, the deal would be rebalanced."

He also commented that India is tracking developments meticulously while maintaining an active d...