India-US trade deal stalled
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India’s economy is not showing signs of a robust recovery and the risk of higher US tariffs as well as increased dumping of low-cost Chinese goods could weaken the outlook, former Chief Economic Adviser Arvind Subramanian said in an interview.
Trump reiterated his claim that he stopped the India-Pakistan conflict and other wars, saying eight planes were shot down, even as India denies US mediation.
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"India is among the world’s fastest-growing major economies" and is set to sustain this momentum, New Delhi said on Monday.
Reliance Jio Platforms is considering an initial public offering this year that would float 2.5% of the company, people familiar with the matter said, a move that could make it the country's largest-ever IPO worth more than $4 billion.
The far-right group known as the R.S.S., whose members include Prime Minister Narendra Modi, has spent a century trying to make India a Hindu-first nation.
More than 200,000 app-based delivery workers in India went on strike over New Year’s Eve, protesting a system they say is defined by relentless pressure, including requirements to deliver items in under 10 minutes.
A recent Bollywood film has put the spotlight on a largely forgotten battle from the 1962 war between India and China. Called 120 Bahadur – Hindi for brave hearts – the film tells the story of Indian soldiers who fought valiantly to defend the Rezang La pass in the freezing Himalayan mountains of Ladakh.
India's central bank is considering new ways to support exporters hit by U.S. tariffs after a moratorium on loan repayments it offered last year drew few takers, two sources aware of the matter said.
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