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 says rising oil prices a concern, but economic outlook ‘bright’
NEW DELHI (Reuters) – Rising oil prices are a concern for the Indian economy but its outlook remains bright after better September monsoons and a retreat in the prices of some key…
JPMorgan index inclusion shows confidence in Indian economy -India econ affairs secy
MUMBAI (Reuters) – India’s inclusion in the JPMorgan emerging market debt index shows their confidence in the Indian economy, the country’s economic affairs secretary Ajay Seth told reporters on Friday. India’s local…
Exclusive-JSW in talks with LG Energy Solution to make EV batteries in India -sources
By Aditi Shah and Neha Arora NEW DELHI (Reuters) – Indian steel-to-energy group JSW is in early stage talks with Korea’s LG Energy Solution (LGES) about jointly manufacturing batteries in India, two…
Factbox-Tesla courts interest from Turkey to India for next gigafactory
(Reuters) – Tesla’s plan to expand its global manufacturing footprint has sparked a race among some countries to woo CEO Elon Musk and secure billions in investment dollars. Turkish President Tayyip Erdogan…
India cenbank says stabilising core inflation shows easing price pressures
MUMBAI (Reuters) – The Indian central bank sees stabilising core inflation, which excludes food and fuel prices, as a sign of easing price pressures in the economy. Vegetable prices eased in August…
Canada trade minister is postponing a planned trade mission to India
By Steve Scherer OTTAWA (Reuters) – Canadian Trade Minister Mary Ng is postponing a trade mission to India planned for October, an official said on Friday, reflecting increasingly tense diplomatic relations just…
India may cut market borrowing if small savings shoot up – official
By Nikunj Ohri NEW DELHI (Reuters) – India’s market borrowing could be less than expected for the current fiscal year if small savings are more than projected, Economic Affairs Secretary Ajay Seth…
Western firms shift investment from China to India as worries mount
By Joe Cash BEIJING (Reuters) – U.S. and European firms are shifting investment away from China to other developing markets, a report from Rhodium Group showed, with India receiving the vast majority…
Russia’s VTB to launch cross-border money transfers to India
MOSCOW (Reuters) – Russia’s VTB Bank said on Wednesday that it will launch money transfers in Indian rupees by the end of September. Retail customers will be able to send money to…
Biden accused of sidelining Vietnam and India rights over strategic interests
By David Brunnstrom and Humeyra Pamuk WASHINGTON (Reuters) – The White House fact sheet issued during President Joe Biden’s visit to Vietnam weighed in at over 2,600 words. The section on human…
India bond yield curve inversion to persist on tight liquidity, inflation fears – traders
By Dharamraj Dhutia MUMBAI (Reuters) – Tight liquidity conditions and sticky inflation will keep the four-year to 10-year part of the Indian government bond yield curve inverted, traders said on Monday. “The…
India PM Modi says G20 leaders’ declaration adopted
NEW DELHI (Reuters) -Indian Prime Minister Narendra Modi said on Saturday that the G20 had reached a consensus on a leaders’ declaration and announced its adoption during the first day of its…
Factbox-Key meetings at G20 summit in India
NEW DELHI (Reuters) – India is hosting the leaders of the Group of 20 (G20) major economies for their annual summit this weekend. Here is a list of events: FRIDAY U.N. Secretary…
India PM urges UN to rethink priorities for the 21st century
By Arpan Chaturvedi and Rupam Jain NEW DELHI (Reuters) – Indian Prime Minister Narendra Modi called on the United Nations to reform in line with 21st century realities to ensure the representation…
Yellen to attend India G20 summit, focus on economy, climate, Ukraine -US Treasury
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen will travel to New Delhi to participate in the G20 leaders summit from Sept. 7-10, making her fourth visit to India…
Chinese minister says India free to join RCEP trade bloc
NEW DELHI (Reuters) – India is free to join the Regional Comprehensive Economic Partnership (RCEP), China’s Vice Commerce Minister Wang Shouwen said on Friday in New Delhi, adding that it would boost…
India inflation to return to comfort band once veg price shock ebbs – MPC’s Goyal
By Swati Bhat and Ira Dugal MUMBAI (Reuters) – Retail inflation will return to the central bank’s comfort band of 2%-6% as vegetable prices soften, according to a member of India’s Monetary…
Biden to attend G20 summit in India, VP Harris goes to ASEAN
(Reuters) – U.S. President Joe Biden will visit India from Sept. 7-10 for a summit of the Group of 20 nations while Vice President Kamala Harris will travel to Jakarta Sept. 4-7…
India July inflation likely breached RBI’s 6% upper tolerance level: Reuters poll
By Milounee Purohit BENGALURU (Reuters) – India’s retail inflation likely accelerated to 6.40% in July on surging food prices, breaching the upper end of the Reserve Bank of India’s 2%-6% tolerance band…
India rate panel to dial up hawkishness even as it holds policy steady
By Swati Bhat MUMBAI (Reuters) – India’s monetary policy committee (MPC) is expected to maintain key rates when it meets on Thursday, but will adopt a far more hawkish tone as the…
India asks Tesla to copy Apple in pairing Chinese, Indian suppliers -sources
By Nikunj Ohri, Shivangi Acharya and Aftab Ahmed NEW DELHI (Reuters) – As Tesla examines building a plant in India, officials have asked the company to emulate Apple in finding local firms…
Tesla executives hold market entry talks with India investment agency -sources
By Aditya Kalra and Shivangi Acharya NEW DELHI (Reuters) – Two senior Tesla executives discussed the company’s plans to enter India with officials from the country’s investment promotion arm in New Delhi,…
Exclusive-BYD tells India partner it wants to drop $1 billion EV investment plan-sources
By Sarita Chaganti Singh NEW DELHI (Reuters) – China’s BYD has told its India joint-venture partner it would shelve plans for a new $1-billion investment to build electric cars after its investment…
Harley-Davidson CEO says India model pre-orders ‘exceeding expectations’
By Kannaki Deka (Reuters) – Harley-Davidson said on Thursday that pre-orders were “exceeding expectations” for a new model the U.S. big-bike maker launched this month in India in partnership with a local…
India rate cut bets pushed to mid-2024 amid inflation jump – traders
By Swati Bhat and Ira Dugal MUMBAI (Reuters) – The recent rise in inflation has prompted Indian investors to push back rate cut expectations by at least a quarter to the middle…
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