Trump's Tariffs Shock India
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Modi, Putin call affirms close India-Russia ties
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Russia expects to continue supplying oil to India despite warnings from the United States, Russian embassy officials in New Delhi said on Wednesday, adding that Moscow hopes trilateral talks will soon take place with India and China.
India and China have agreed to explore demarcating their disputed border, a key move toward resolving decades-old territorial disputes as the neighbors look to recalibrate ties against the backdrop of strained India-US relations.
India and China should view each other as "partners" rather than "adversaries or threats", Chinese Foreign Minister Wang Yi said on Monday, as he arrived for a two-day visit to Delhi.
Russia sees potential to export liquefied natural gas to India, news agencies quoted First Deputy Prime Minister Denis Manturov as saying on Wednesday.
White House advisor Peter Navarro criticized India's Russian oil imports in an op-ed after Trump announced new tariffs targeting India and other countries buying Russian energy.
India and China are aware of the “very high political, economic and military cost of frozen relations,” he says. “China felt it had pushed India too close to the U.S. while India realized that it was losing its vaunted strategic autonomy by getting too close to Washington and turning Beijing into an adversary.”
India's infrastructure output grew 2% year-on-year in July, government data showed on Wednesday. The index, which tracks activity across eight sectors and makes up 40% of the country's industrial production,
(Reuters) -A planned visit by U.S. trade negotiators to New Delhi from August 25-29 has been called off, a source said, delaying talks on a proposed trade agreement and dashing hopes of relief from additional U.S. tariffs on Indian goods from August 27.
Billionaire Ken Griffin’s Citadel Securities has hired an options trader in India this week and plans to add more staff to bolster its operations in the South Asian nation, according to people familiar with the matter.
Heavy rains in India's financial capital Mumbai have disrupted the lives of millions of people, submerging roads and leading to flight and train cancellations. Many parts of the city remain inundated in waist-deep water, with videos showing residents swimming through waterlogged roads as garbage gushed out from clogged sewers.