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04.06.26 - 23:06
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India, US look at non-tariff measures (Times of India)
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India and the US are nearing a trade agreement, with discussions extending beyond goods to encompass non-tariff measures, customs, and economic security. This comes as the US proposed additional tariffs on several countries, including India, over forced labor concerns. Both nations express optimism about finalizing a mutually beneficial deal soon....
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04.06.26 - 23:06
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′Look at India as a base and not just a market′: Piyush Goyal (Times of India)
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Union Minister Piyush Goyal urged Indian industry and MNCs to establish manufacturing, design, and innovation hubs in India, leveraging the country for global supply chains and exports. He highlighted India's position as a credible alternative manufacturing hub and a safe investment destination, projecting it to remain the world's fastest-growing economy for decades....
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04.06.26 - 23:00
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Don′t sell yourself short: Citi CEO Fraser to India (Times of India)
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Citi CEO Jane Fraser urged India to focus on execution and long-term strengths, rather than short-term challenges. She highlighted India's compelling structural drivers like demographics and digital infrastructure, which global investors recognize. Fraser noted that while global factors cause volatility, India's structural story remains strong, with growing investor interest in domestic consumption, infrastructure, technology, and AI....
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04.06.26 - 17:42
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India IPO gold rush becomes foreign firms′ cash-out machine (Times of India)
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Foreign firms are increasingly cashing out of India's booming IPO market, pocketing billions instead of raising capital for expansion. Recent listings, including major players like Hyundai and LG, saw over $5 billion flow overseas. This trend, driven by high valuations, raises concerns about capital outflows and the rupee's stability, with policymakers questioning IPOs as exit routes....
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04.06.26 - 17:06
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One vehicle, two fuels: India bets big on flex-fuel revolution - what is it? (Times of India)
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Maruti Suzuki's MD highlights flex-fuel vehicles as key to India's goals of cutting oil imports and emissions. These vehicles run on petrol and ethanol blends, supporting farmers and the rural economy. A robust ecosystem, including fuel availability and wider model launches, is crucial for mass adoption, with government backing for biofuel transition and infrastructure expansion....
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04.06.26 - 16:30
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Viral ′Cockroach′ Leader Eyes India Return (Bloomberg)
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What started as a joke is becoming a movement. Abhijeet Dipke's satirical "Cockroach Janta Party" has attracted tens of millions of followers, tapping into frustration among young Indians over exam scandals, unemployment and politics.
(Source: Bloomberg)...
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04.06.26 - 14:36
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India expands ethanol map: 5,000 fuel stations planned by 2027 end (Times of India)
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India is accelerating its ethanol drive, planning to establish 5,000 ethanol fuel stations by the end of 2027 to reduce fossil fuel imports. This initiative, alongside the launch of flex-fuel cars, aims to cut the country's $120 billion import bill and boost farmer income. Regulatory changes are also proposed to support higher ethanol blends and other alternative fuels....
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04.06.26 - 14:36
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′Perfect complementarity′: India, Venezuela deepen energy ties (Times of India)
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India is bolstering energy ties with Venezuela, now its third-largest crude supplier, to diversify imports amidst West Asia disruptions. Discussions also explored broader economic cooperation in sectors like mining, pharmaceuticals, and agriculture, with Venezuela viewing India as a stable, long-term partner. High-level delegations are examining investment opportunities....
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