Putin finds an eager trade partner in India
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India gave Russia's leader a warm welcome in his first visit since his country invaded Ukraine. The visit in part signaled India's defiance of the U.S., which has punished New Delhi for buying Russian oil.
Finance minister Sitharaman emphasized a major reform of India's customs duty structure and projected a 7% economic growth this fiscal year. The minister talks about rupee, consumtion and more
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India’s strong fundamentals to support 7% growth despite global risks, finance minister says
By Manoj Kumar NEW DELHI, Dec 6 (Reuters) - India’s economic growth will accelerate to at least 7% this year as fundamentals remain robust despite global uncertainties, Finance Minister Nirmala Sitharaman said on Saturday.
The six-member monetary policy committee voted unanimously to lower the repo rate to 5.25% and has now cut rates by a total of 125 basis points since February 2025. It held rates in August and October. The Indian economy is facing a "rare goldilocks" period, RBI Governor Sanjay Malhotra said in a video address.
India’s unexpectedly strong economic growth last quarter has reduced chances of an interest rate cut at this week’s central bank’s policy meeting despite record-low inflation.
Prime Minister Narendra Modi positioned India as a powerhouse of self-confidence and hope in a world fraught with uncertainty
The India-Russia partnership has been among the “steadiest big relationships” in the last 70-80 years and President Vladimir Putin’s visit to New Delhi was about “reimagining” the ties with a focus on economic engagement,
By Nikunj Ohri and Manoj Kumar NEW DELHI (Reuters) -India's economy grew at its fastest pace in 18 months in the July-September period, lifted by robust consumer spending and front-loading of production ahead of local festivals and punitive U.
Russian President Vladimir Putin on Friday met with his Indian counterpart Droupadi Murmu and attended a ceremonial reception together with his Russian delegation.