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 needs to grow at 7.6% a year for 25 years to be a developed nation -cenbank bulletin
MUMBAI (Reuters) – India will need to grow at a rate of 7.6% annually for the next 25 years to become a developed nation, according to a research paper published by the…
Fisker to sell limited edition electric SUVs in India by fourth quarter
(Reuters) – U.S. startup Fisker said on Monday it would produce 100 limited edition electric sports utility vehicles (SUVs) for the Indian market and expects to begin deliveries in the fourth quarter…
China’s top diplomat urges stable ties with India as military tensions simmer
BEIJING (Reuters) – China’s top diplomat Wang Yi told the Indian foreign minister that bilateral ties need to be stabilised, as the two Asian neighbours searched for ways to ease simmering military…
Australia upbeat on global tax talks at G20 in India
SYDNEY (Reuters) – Australian Treasurer Jim Chalmers expressed optimism on Saturday about progress on a long-awaited overhaul of global corporate taxation at a meeting of Group of 20 (G20) nations in India.…
Godrej Aerospace targets Airbus, Boeing suppliers as India jet orders soar
By Dhwani Pandya MUMBAI (Reuters) -Godrej Aerospace is in talks to build aircraft parts for suppliers to Airbus and Boeing as airlines place record jet orders, a top executive at the Indian…
Hyundai launches small SUV in India to boost share as rivals gain ground
By Aditi Shah and Riddhima Talwani NEW DELHI (Reuters) – Hyundai Motor Co on Monday launched a small sport-utility vehicle (SUV) in India aimed at young car buyers, a move analysts said…
India inflation likely rose to 4.58% in June on higher food prices: Reuters poll
By Milounee Purohit and Anant Chandak BENGALURU (Reuters) – India’s inflation likely snapped a four-month decline in June as food prices surged, a Reuters poll of economists found, making a cut in…
Analysis-U.S. military deals not enough to wean India off Russian arms yet
By Krishn Kaushik and David Brunnstrom NEW DELHI/WASHINGTON (Reuters) – India’s multi-billion-dollar purchases of U.S. arms are less about shifting its reliance on Russian defence equipment and moving towards the West –…
Senior US diplomat heads to India to discuss free speech, minority rights
By Kanishka Singh WASHINGTON (Reuters) – A senior U.S. diplomat will travel to India in the coming days and engage with its civil society over free speech and marginalization of minorities, after…
McDonald’s drops tomatoes from India offerings, citing quality concerns as prices surge
By Riddhima Talwani and Rajendra Jadhav NEW DELHI/MUMBAI (Reuters) – Restaurants of fast food chain McDonald’s have dropped tomatoes from their burgers and wraps in many parts of India, hit by supply…
India cenbank seeks to give customers choice of card network
BENGALURU (Reuters) – The Reserve Bank of India (RBI) on Wednesday asked banks and non-bank lenders to issue credit, debit and prepaid cards on multiple networks to give customers the freedom to…
Egypt and India bolster ties as Modi makes first trip to Cairo
CAIRO (Reuters) – Egypt and India discussed strengthening ties in areas including trade, food security and defence during a state visit to Cairo by Indian Prime Minister Narendra Modi, the two countries…
Boeing to invest $100 million in infrastructure, pilot training in India
BENGALURU (Reuters) – Boeing has announced a $100 million investment in infrastructure and programs to train pilots in India, according to a White House statement released on Thursday. This comes on the…
Applied Materials to invest $400 million in India for new engineering center
(Reuters) -U.S. semiconductor toolmaker Applied Materials will invest $400 million over four years in a new engineering center in India, the company said on Thursday. Indian Prime Minister Narendra Modi had met…
Micron confirms up to $825 million investment in India chip facility
OAKLAND, California (Reuters) – U.S. memory chip firm Micron Technology, Inc said on Thursday it would invest up to $825 million in a new chip assembly and test facility in Gujarat, India,…
Battle of billionaires: Musk’s Starlink eyes India, Ambani resists
By Aditya Kalra, Munsif Vengattil and Aditi Shah NEW DELHI (Reuters) – Elon Musk is eager to bring his Starlink satellite broadband to India, but the world’s richest man faces strong resistance…
Fitch raises India FY24 GDP forecast to 6.3% on strong growth momentum
MUMBAI (Reuters) – Fitch Ratings raised its growth forecast for the Indian economy to 6.3% for the current fiscal year, from 6% earlier, on the back of robust growth in the first…
Google seeks suppliers to move some Pixel production to India – Bloomberg News
NEW DELHI (Reuters) -Alphabet Inc’s Google has begun early conversations with domestic suppliers to move some production of its Pixel smartphone to India, Bloomberg News reported on Tuesday, citing people familiar with…
Ahead of Modi visit, journalists’ group urges US to press India on media crackdown
WASHINGTON (Reuters) – The Committee to Protect Journalists on Wednesday called on the U.S. government to urge India to end a media crackdown and release six detained journalists. A statement from CPJ…
Flipkart and PhonePe could be $100 billion businesses in India, Walmart says
By Siddharth Cavale NEW YORK (Reuters) – Walmart’s Flipkart marketplace and PhonePe payments business in India could be $100 billion businesses buoyed by strong growth, the retailer’s chief financial officer said on…
US to remove obstacles to defence, high-tech trade with India – NSA Sullivan
NEW DELHI (Reuters) – The United States is set to remove obstacles that prevent smoother trade with India in critical areas such as defence and high technology, U.S. National Security Advisor Jake…
India wrestling chief holds political rally, silent on sexual misconduct probe
By Saurabh Sharma COLONELGUNJ, India (Reuters) – The chief of the Wrestling Federation of India, under police investigation for suspected sexual misconduct after accusations by female athletes, held a political rally on…
KKR India moves Kumar to Singapore to lead Southeast Asia PE -sources
By M. Sriram and Yantoultra Ngui MUMBAI/SINGAPORE (Reuters) – KKR & Co is moving a managing director from India to Singapore to lead the firm’s Southeast Asia private equity business, two familiar…
Exclusive-US set to allow GE to make engines in India for New Delhi’s military jets
By Trevor Hunnicutt, Krishn Kaushik and Rajesh Kumar Singh WASHINGTON/NEW DELHI (Reuters) – The Biden administration is poised to sign off on a deal that would allow General Electric Co to produce…
GE eyes India boost as foreign travel spurs demand for bigger planes
By Aditi Shah NEW DELHI (Reuters) – General Electric’s aviation arm, already expecting to benefit from a boom in Indian domestic air travel, sees an even bigger boost from a surge in…
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