India to continue to seek strong ties with US despite Trump removing trade privileges

MUMBAI: The Indian government said on Saturday it will continue to seek to build strong economic ties with the United States despite a decision by US President Donald Trump to end preferential trade treatment for India from June 5. In a relatively tame response to the announcement from Washington on Friday, the Indian government said […]

Indian growth rate drops behind China to lowest in more than 4 years

NEW DELHI India’s economy grew at a much-lower-than-expected 5.8 per cent in the January-March period, its slowest pace in 17 quarters, and falling behind China’s pace for the first time in nearly two years, data showed on Friday. The slowdown will put pressure on Prime Minister Narendra Modi’s re-elected government and the central bank to […]