Donald Trump, India
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By Jaspreet Kalra and Nimesh Vora MUMBAI, Feb 3 (Reuters) - The Indian rupee soared on Tuesday after New Delhi and Washington announced a trade deal that slashed U.S. tariffs on Indian goods, a development that turned around indicators that previously pointed to sustained weakness in the currency.
US trade tensions has lifted market sentiment, but whether foreign investors return depends on growth, policy signals and global risks.
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MEA denies reports of secret Doval-Rubio meet that led to breakthrough in India–US ties
American media company Bloomberg had claimed that Doval had secretly flown to US & met with Rubio, telling him New Delhi will not be bullied & would wait out Trump’s tenure if needed.
By Ashwin Manikandan MUMBAI, Feb 1 (Reuters) - India's annual federal budget was "tactical" but not a "breakthrough", Moody's Ratings said in its reaction to a government roadmap for the next financial year.