India’s Modi meets China’s top diplomat
Digest more
(This was originally published in the India File newsletter, which is issued every Tuesday. Sign up <a href=" rel="" title=" to get the latest news from India and how it matters to the world.)
The Russian embassy in India criticised the US penalties on New Delhi over trade ties, saying crude oil trade between the two nations will remain unaffected and overall India–Russia trade is expected to grow 10% annually.
The meeting highlighted India’s emphasis on border peace, China’s invitation to PM Modi for the SCO Summit and the growing momentum in bilateral ties since the Kazan meeting with President Xi
Russian President Vladimir Putin and India's Narendra Modi will meet in New Delhi by the end of year, but no dates have been finalised yet, a Russian embassy official in India said on Wednesday.
A call between the leaders of Russia and India affirmed the countries’ close ties despite Washington’s demands for New Delhi to wean itself off Russian oil. Indian Prime Minister Narendra Modi on Monday thanked his “friend,
Narendra Modi said he received a phone call from his “friend” Vladimir Putin, who shared his insights on a recent meeting with Trump in Alaska, in another signal that ties between New Delhi and Moscow remain strong.
India adopted the GST in 2017, sweeping in more than a dozen domestic state taxes in a bid to unify the economy on the principle of "one nation, one tax, one market". It was hailed as the biggest tax reform since independence from Britain in 1947.
The highlights this week: Indian Prime Minister Narendra Modi faces down multiple challenges at once as the United States threatens high tariffs, former Bangladeshi Prime Minister Sheikh Hasina is tried in absentia for charges related to last year’s protest crackdown, and the Taliban mark four years back in power in Kabul.
India’s Prime Minister Narendra Modi announced tax cuts, pledged policy reform and urged the citizens to design and produce high quality goods at home, in a sweeping Independence Day speech that blasted rising “economic selfishness” in the world.
By Nikunj Ohri, Aftab Ahmed and Aditya Kalra NEW DELHI (Reuters) -Indian Prime Minister Narendra Modi's deepest tax cuts in eight years will strain government revenues but are winning praise from businesses and political pundits who say they will bolster his image in an ongoing trade fight with Washington.