Bloomberg India’s current-account deficit narrowed last quarter as a slowdown in the economy sapped imports. The shortfall was $4.6 billion in the January-March period, the RBI said. That compares with a median $6.1 billion deficit estimated in a survey. The gap is smaller than the previous quarter’s $17.7 billion, or 2.7 percent of GDP. It compares with a deficit of ...

Bloomberg In recent weeks, President Donald Trump has drawn the ire of security hawks in Congress for suggesting he could bargain away his blacklisting of Huawei Technologies Co to secure a trade deal with China. He took a big step towards doing just that, signalling that he cares more about selling US products to China than embarking on a clash ...

Bloomberg India and the US plan to initiate ministerial discussions to sort out trade differences after President Donald Trump met Prime Minister Narendra Modi at the Group of 20 summit in Japan. The meeting — held after Trump called on India to withdraw an “unacceptable” increase in tariffs on US goods — sought to “clear the air and to set ...