Nipah virus outbreak in India
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India, plane crash
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India has shed import duties on European cars, opening its long-protected auto industry from global competition.
Prime Minister Narendra Modi says India and the European Union have reached a free trade agreement to deepen their economic and strategic ties
There is a low risk of the deadly Nipah virus spreading from India, the World Health Organization said on Friday, adding that it did not recommend travel or trade curbs after two infections reported by the South Asian nation.
India's economy is growing faster than most, but it is still seeing capital outflows.
People around the world are calling this the mother of all deals,” Indian Prime Minister Narendra Modi said of the agreement, which represents a quarter of the world’s economy.
Brussels has accelerated its outreach to markets around the world. Over the past year, von der Leyen has signed deals with Japan, Indonesia, Mexico and South America under the catchphrase “strategic autonomy,” which in practice is akin to decoupling from a U.S. seen by most European leaders as erratic.
India expects to clock a 7.3% GDP rate but experts detect underlying stress in the economy.
There could be a renewed push to conclude a U.S.-India trade deal, analysts say, as the White House sees other countries signing trade deals.