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Even Modi's govt is feeling the heat of economic slowdown

A revenue shortfall of about Rs 2.5 lakh crore has left the government no choice but to cut spending.

trade war

Jan 07, 2020, 01.29 PM IST

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TRADE WAR

China starts lifting restrictions on foreign investment

From the start of 2020, foreign banks can now set up wholly-owned branches in China without a local partner holding the majority stake, the banking regulatory authority, CBIRC, announced on Friday. In the past, foreign banks were required to have a local Chinese partner and not allowed to hold more than 49 percent of their respective joint ventures.

Corn weathers climate swings and trade war

The big number sent prices lower and angered farmers, who thought the figure must have been overst...

European markets cheer China policy easing, trade progress

The pan-European STOXX 600 index was up 0.5 per cent at 0807 GMT.

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