Joe Biden Using U.S. Tax Dollars to Train Transgendered Community Leaders in India
The Biden administration wants to train at least 200 activists to advocate for transgender rights in India as part of a program ostensibly designed to advance America’s “national interests,” according to a…
India on course to become world’s fastest-growing economy, says RBI
By Swati Bhat MUMBAI – India’s economy has remained resilient in the face of global headwinds and with inflation coming off its recent peak is expected to stay on course to become…
Singapore minister says India needs higher economic growth to create jobs
NEW DELHI – India needs to achieve higher economic growth by focusing on exports and expanding production-linked incentives for more sectors to create more jobs, Singapore’s minister Tharman Shanmugaratnam said on Friday.…
How an ‘inflammatory’ Facebook post led to a killing and sectarian tension in India
By Saurabh Sharma UDAIPUR, India – Two weeks before a Hindu tailor in India was hacked to death by two Muslim men who filmed the act, he was briefly detained by police…
G7 discussions with China, India on Russian oil price cap positive -source
By David Lawder WASHINGTON – Group of Seven democracies have had positive and productive discussions with China and India about a plan to cap the price of Russian oil, a source familiar…
Humble rice bran becomes hot commodity as India scours for edible oils
By Rajendra Jadhav MUMBAI – Rice bran has become a sought-after commodity in India as the world’s biggest importer of vegetable oils tries to overcome an edible oil shortage caused by global…
Air India in talks with Airbus and Boeing to buy up to 300 narrowbody jets – sources
DOHA – Air India is in discussions with Airbus and Boeing for the potential purchase of up to 300 narrowbody jets, industry sources said. Airbus and Boeing declined comment on the negotiations,…
India will start enrolment under new military recruitment plan this month
By Aftab Ahmed NEW DELHI – Enrolment under India’s new armed services recruitment plan will commence this month, top defence officials said on Sunday, despite protests against a scheme that will drastically…
Sequoia India grapples with fallout from governance snafus
By M. Sriram and Aditya Kalra MUMBAI – Sequoia Capital’s India partners, caught out early this year by governance scandals at startup companies in its portfolio, assured investors at an April meeting…
India central bank lifts curbs on Mastercard over new cards
NEW DELHI/BENGALURU -The Reserve Bank of India on Thursday lifted restrictions imposed last year on Mastercard Inc over issuing debit and credit cards to new domestic customers. The decision follows satisfactory compliance…
Tesla India policy executive quits after company puts entry plan on hold -sources
By Aditi Shah and Aditya Kalra NEW DELHI – A key executive who was leading Tesla’s lobbying effort in India has resigned, weeks after the U.S. carmaker put on hold plans to…
Israel, India prepare to resume free trade agreement talks
By Steven Scheer JERUSALEM – Israel and India are preparing to resume talks on a free trade agreement, Israel’s Economy Ministry said on Monday, adding that an Indian delegation had arrived in…
India tribunal rejects Amazon appeal against suspension of deal with Future
MUMBAI – An Indian appeals tribunal on Monday rejected Amazon.com Inc’s appeal against an antitrust suspension of its $200 million investment deal with Future Group, saying the U.S. company concealed information when…
India Potash’s rouble-rupee payment deal stumbles in Russian bank
By Nidhi Verma and Aftab Ahmed NEW DELHI – Russia’s Sberbank has yet to process the first payment from Indian Potash Ltd (IPL) under a deal set up before the Ukraine war…
Liquidity withdrawal expected as India cenbank hikes rates on Wednesday
By Swati Bhat MUMBAI – Measures to tighten liquidity are expected to accompany a rise in Indian interest rates on Wednesday, adding upward pressure to bond yields and increasing the need for…
Tech firms say India cyber rules risk creating ‘environment of fear’
By Munsif Vengattil NEW DELHI – Indian cybersecurity rules due to come into force later this month will create an “environment of fear rather than trust”, a body representing top tech companies…
India May services growth at 11-year high, input inflation at record
BENGALURU – India’s dominant services sector expanded at the fastest pace in 11 years in May on strong demand, although inflationary pressures touched new highs, restricting optimism and weighing on consumers’ pocketbooks,…
India lines up banks for e-commerce effort to take on Amazon, Walmart
By Munsif Vengattil and Nupur Anand NEW DELHI -India’s effort to break Amazon Inc and Walmart Inc’s dominance of its e-commerce sector, by establishing its own open network, has begun lining up…
India withdraws warning on national biometric ID after online panic
By Sudarshan Varadhan and Munsif Vengattil NEW DELHI – India on Sunday withdrew a warning not to share photocopies of the national biometric identity card after the announcement caused widespread panic on…
India central bank gov says priority is inflation, but growth important – ET
MUMBAI – The Reserve Bank of India’s primary focus is to bring inflation down closer to target but it cannot disregard the concerns around growth, governor Shaktikanta Das told newspaper Economic Times…
SoftBank-backed logistics firm Delhivery valued at $4.9 billion in India debut
BENGALURU -Shares of Delhivery, an Indian logistics startup backed by SoftBank Group, rose as much as 7.6% in their market debut on Tuesday, giving the company a valuation of 379.60 billion rupees…
U.S., Japan, Australia, and India to launch tracking system to monitor illegal fishing by China- FT
(Reuters) – U.S., Japan, Australia, and India will unveil a maritime initiative at the Quad summit in Tokyo to curb illegal fishing in the Indo-Pacific, the Financial Times reported on Saturday, citing…
India cenbank gives sharply lower surplus of 303 billion rupees to govt
MUMBAI – India’s central bank transferred 303.07 billion rupees ($3.91 billion) to the government as a dividend for the fiscal year ending in March 2022 and decided to keep its contingency risk…
BRICS-led New Development bank to set up regional office in India
NEW DELHI – New Development Bank (NDB), established by the BRICS group of emerging economies, said on Friday it would set up a regional office in India for funding and monitoring infrastructure…
Indonesia’s flip-flops give Malaysia edge in top palm oil market India
By Rajendra Jadhav and Mei Mei Chu MUMBAI/KUALA LUMPUR – Indonesia’s “unpredictable” palm oil export policies may help Malaysia emerge as the dominant supplier to India, the world’s top buyer of the…
CEO of Berkshire’s Dairy Queen eyes China and India for growth, upgrades menu
By Jonathan Stempel OMAHA, Neb. – Dairy Queen is looking to China and perhaps India to fuel growth, while counting on a revamped burger menu to bring in more American and Canadian…
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