India inks ‘watershed’ $100 billion free trade deal with four non-EU nations

India flag, stock market, exchange economy and Trade, oil production, container ship in export and import business and logistics. Texbr | Istock | Getty Images India will lift most tariffs on four nations in Europe in a “watershed” deal that is expected to yield $100 billion worth of investment over 15 years and one billion … Read more

India buying Russian oil keeps prices cheaper, says oil minister Puri

Hardeep Singh Puri, India’s minister of Petroleum and Natural Gas, at the ADIPEC conference in Abu Dhabi, United Arab Emirates, on Tuesday, Oct. 3, 2023. Bloomberg | Bloomberg | Getty Images India keeps global crude prices affordable by buying oil from Russia, India’s energy minister said. “The world is grateful to India for buying Russian … Read more

India set to clock up to 8% GDP growth as it boosts manufacturing capacity, minister says

Workers assemble mobile phones at a Dixon Technologies factory in Noida, India, on Jan. 28, 2021.  Bloomberg | Bloomberg | Getty Images India could clock up to 8% annual GDP growth for several years as it focuses on boosting its manufacturing capabilities, a key government minister told CNBC on Thursday. “Every sector of the economy … Read more

India boycott of Maldives may cost country millions in tourism dollars

Social media posts by Maldivian officials may cost the country millions in tourism revenue, as calls by Indian travelers to boycott the island nation intensify.   “We are seeing a 40% drop in bookings over the last two days,” Ankit Chaturvedi, vice president and global head of marketing at the India-based travel software company Rategain, … Read more

Global rice markets are in crisis amid ‘artificial’ shortage

Rice is a crucial staple for over half the global population and the world is bracing for its most significant shortage in 20 years. India’s export ban on rice is reverberating through global rice markets, threatening food security if developing nations cannot afford or access rice. “The only shortage out there right now would really … Read more

From hosting G20 to moon landing, Indians are ‘conquering the world’: Nita Ambani

After overtaking China to become the world’s most populous nation, India could also leapfrog its neighbor to also become the world’s second-largest economy by 2075. Peter Adams | Stone | Getty Images India has had some big moments this year and continues to take the world by storm as one of the fastest growing major … Read more

India urges ‘utmost warning’ in Canada journey advisory as bilateral disaster escalates

A poster of the previous Gurdwara President Hardeep Singh Nijjar is displayed on a fence exterior the Guru Nanak Sikh Gurdwara temple in Surrey, British Columbia, Canada, on September 19, 2023. Don Mackinnon | Afp | Getty Photographs India warned its residents to “train utmost warning” in Canada, deepening the diplomatic rift between each nations … Read more

Modi, Biden pledge to deepen India-U.S. partnership

US President Joe Biden (C) and Indian Prime Minister Narendra Modi (2R) arrive for the primary session of the G20 Leaders’ Summit in New Delhi on September 9, 2023. Evan Vucci | Afp | Getty Photos NEW DELHI — Indian Prime Minister Narendra Modi and U.S. President Joe Biden pledged to deepen the partnership between … Read more

No information is nice information

Merchants on the ground of the NYSE, August 29, 2023. Supply: NYSE This report is from at the moment’s CNBC Each day Open, our new, worldwide markets publication. CNBC Each day Open brings buyers in control on every thing they should know, regardless of the place they’re. Like what you see? You’ll be able to … Read more

India’s ‘freedom’ takes priority over being a U.S. ally: Suppose tank 

India’s relationship with the USA is the strongest it has been in years. U.S. President Joe Biden and Indian Prime Minister Narendra Modi are set to satisfy for one more bilateral assembly later Friday on the Group of 20 summit in New Delhi, after a number of one-on-one conferences earlier this 12 months. Regardless of … Read more