Modi welcomes Putin to India
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India vs South Africa Highlights 2nd ODI
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India cuts rates to 5.25% as expected as central bank flags weakness in some key economic indicators
India's central bank cut its policy rate by 25 basis points to 5.25%, matching forecasts from economists polled by Reuters.
When Vladimir Putin’s plane touches down in New Delhi this week, he will be met with the pomp and ceremony reserved for one of India’s most steadfast partners. Yet his host, Prime Narendra Modi, is simultaneously forging a deep strategic relationship with a key global rival: the United States.
The Trump administration, which crippled Russia’s oil sales to India with sanctions, will be watching Mr. Putin’s talks with Prime Minister Narendra Modi.
The Reserve Bank of India lowered its key interest rate on Friday and announced measures to infuse up to $16 billion into the banking system this month in the form of debt purchases and a foreign exchange swap.
The directive led to widespread criticism and concerns of violation of data privacy and user consent in one of the largest handset markets in the world.
In the hours between, the 30 million residents of India’s capital region trudge along with chronic headaches and itchy eyes, symptoms of this rising superpower’s failure to provide its people with a most basic need: breathable air.
IndiGo will cancel around 500 flights on Friday in India, with all departures from New Delhi grounded, amid a deepening crisis at the country's largest airline that has admitted it failed to plan for new flight duty timings imposed on pilots.
A former U.S. diplomat alleged that between 80 and 90% of H-1B visa applications from India involved fraudulent documentation.