Economy and Business

As countermeasure, India hikes import duty on 29 US products

In a retaliatory move against the recent US import duty hikes, India on Thursday raised customs duty on 29 products, including on iron and steel products imported from the US.

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Moody's cuts India's GDP forecast to 7.3% from 7.5%

Moody's Investors Service report on Wednesday has cut India's GDP growth forecast to 7.3 per cent in 2018, from previous forecast of 7.5 per cent due to higher oil prices and tighter financial conditions.

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India in “good position” to face fallout from possible trade tensions: UN economist

India is in a “good position” to deal with any fallout from global trade tensions and with right policies can reach an 8 percent-plus growth rate and hold it, according to a UN economist monitoring the country.

India’s growth story is treading on thin ice

By all estimates, the Indian economy has entered a phase of recovery. After a period of subdued growth that was marred by a spate of disruptions, India has regained the fastest-growing major economy tag and a growth rate exceeding seven per cent is expected this year.

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Three new projects in U.S.-India State and Urban Initiative

The U.S.-India State and Urban Initiative, led by the CSIS Wadhwani Chair in U.S.-India Policy Studies and the CSIS Energy and National Security Program, has announced three new projects with the state government of Maharashtra

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As countermeasure, India hikes import duty on 29 US products

In a retaliatory move against the recent US import duty hikes, India on Thursday raised customs duty on 29 products, including on iron and steel products imported from the US.

Read more...