You have been telling us !! Now you have started asking.
Yes India can conduct nuclear tests. India has not declared in the treaty that it will not. Next, the consequences, under certain conditions, like a test in response to tests by some neighbouring countries, there are NO consequences. If India tests unilaterally & unprovoked, then the US will evaluate the conditions under which the tests were conducted & can recall the equipments supplied to US for nuclear energy. But......two things here. First India has gathered all the data required from previous tests & does not see the need for another test. ( No developed country has conducted a test in the last decade) and even if we do, unilaterally, US will find it uneconomical to recall the equipments. So that scenario too is unlikely.
