Saudi Arabia, Argentina, Indonesia and Egypt are among the potential candidates to expand the five-nation bloc, many of them seeking stronger ties with non-Western powers. Iran is also interested.
Category: Modi, Narendra
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Under Hindu Nationalist Leaders, Sectarian Violence Flares in India
A gunman who killed Muslim train passengers and a Hindu march that turned riotous underscore how the partisan stances of India’s top Hindu leaders have given license to chaotic elements in the country.
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Corporate America Joins Biden in Welcoming Modi to the U.S.
India’s fast-growing economy is drawing American corporate giants, even as the country faces scrutiny over ties to Russia and limits on political freedoms.
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India Funds New Trains Ahead of Safety Improvements, Analysts Say
Train travel in the country has gotten much safer, Friday’s disaster notwithstanding, but the government still puts high-profile projects ahead of basic safety improvements, analysts say.
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India Will Scrap 2,000 Rupee Notes, Echoing 2016 Demonetization
The move to retire 2,000-rupee notes, worth $24, has triggered bad memories of a similar campaign in 2016. It has also left some businesses short of change.
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After Nearly Collapsing, Indian Billionaire’s Stock Is Back on the Rise
Investors have again rushed into the conglomerate controlled by Gautam Adani after a panel signaled that the investigation into the company’s finances was getting nowhere.
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India Embraces Digital Payments Over Cash, Even for a 10-Cent Chai
India’s homegrown instant payment system has remade commerce and pulled millions into the formal economy.
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Why Adani’s $100 Billion Loss Hasn’t Tanked India’s Markets
The steadfastness of India’s economy attests to the size and seeming strength of the country’s broader business landscape.
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Gautam Adani’s Rise Was Intertwined With India’s. Now It’s Unraveling.
The tycoon often said the Adani Group’s goals were in lock step with India’s needs. Now, the company’s fortunes are crashing, a collapse whose pain will be felt across the country.
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U.S. Courts India as Technology Partner to Counter China
American and Indian officials are working toward new partnerships in defense technology, advanced telecom and semiconductors.
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Why Stripe Is Raising Money at a Lower Valuation
Stripe’s plan to raise billions at a lower valuation underlines the challenges facing start-ups seeking money as the market for initial public offerings stays shut.