The Reliance announcement follows a UAE-India agreement to boost non-oil trade from $40 billion to $100 billion in five years.
Capacity is expanding and economic activity has returned, say analysts, but some caution that key sectors are lagging behind
The UAE, the commercial and trading hub of the Middle East, is deepening trade ties with Asian nations as it moves to position itself as a global centre for business and finance.
The Modi government is looking at a $12bn IPO for state insurer and may sell stakes to foreign investors, but the border war has eroded trust in Chinese investors, sources say
Shares of Tata Steel dropped about 10%, while JSW Steel lost 7.2%, after a month of softening iron ore prices due to the real estate slowdown drastically eroding demand in China
US government communications show its frustration with India's ban on new card issuance by American Express and Diners Club International in April, and Mastercard in July.
Farmers have welcomed a move by the Modi government to ask tech giants like Amazon, Microsoft, Cisco and local tech firms to help modernise the country’s outmoded farm sector
Traders upset by the State Bank of India blocking crypto exchanges sending funds via its Unified Payments Interface (UPI ) platform
The budget JioPhone Next had been due to hit the shops this week but the worldwide semiconductor shortage has pushed back its release to November
New Delhi has come up with a new package of grants and cashback offers for its car-making industry in a bid to cut its high levels of pollution and meet emissions targets