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World Bank, IMF slash India’s growth forecast

Our Bureau New Delhi Citing global economic weakness and policy uncertainty, the World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3 per cent. The financial institution had earlier projected India's growth at...

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JD Vance urges India to drop non-tariff barriers

Our Bureau Jaipur US Vice President JD Vance has requested India to lower certain non-tariff barriers that make for a difficult market access for American companies, citing it as a necessary step toward before finalising a comprehensive trade agreement between...

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Adani Ports Buys Australian Terminal

Our Bureau Mumbai Adani Ports, India's largest private port operator, has announced its acquisition of the North Queensland Export Terminal in Australia for $2.5 billion. The deal, structured as a non-cash transaction, involves Adani Ports issuing 143.8 mn shares to...

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India and US stock markets largely correlated: Goldman Sachs

Our Bureau New Delhi India’s economy is less exposed to the slow economic growth in the United States due to its less trade dependency, but the stock markets of both countries are largely correlated, says a report published by investment...

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BluSmart Scam: A new-age saga of corporate fraud

Our Bureau New Delhi Credited with revolutionizing the sphere of clean transport technology, the Indian ride sharing company BluSmart has hit a major financial road block after the Securities and Exchange Board of India (SEBI) released an interim order on...

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Elon Musk to visit India later this year

Our Bureau Washington, DC Tesla and SpaceX CEO Elon Musk on Saturday said that he is looking forward to visiting India later this year. Elon Musk, the CEO of SpaceX and Tesla, announced he will be making his eagerly anticipated...