The United States has told India it is unlikely to get a waiver on its planned acquisition of Russian S-400 air defence systems, raising the risk of sanctions similar to those imposed on Turkey for buying that equipment, people aware of the matter said.
A ninth round of talks between the Indian government and protesting farmers over three new contentious farm laws made no headway on Friday, but a government minister and union leaders said they would resume discussions on Tuesday.
India's trade deficit in goods widened to $15.44 billion in December as imports rose to $42.59 billion, pushed by a surge in gold imports, while merchandise exports were up marginally, revised data released by the government on Friday showed.
India's benchmark bond yield saw its biggest weekly rise in four months following the Reserve Bank of India's decision to restore normal liquidity operations, while absence of a special open market operation announcement for next week also hurt.
Nepal on Friday granted approval for AstraZeneca's COVISHIELD vaccine against the coronavirus, the government said, following a meeting with neighbouring India, a major manufacturer of the shot.
Indian shares dropped the most in nearly four weeks on Friday, ending down over 1%, as investors locked in profits following the benchmark indexes hitting multiple record highs this week and as a proposed U.S. stimulus package failed to surprise.
India will treat a domestic COVID-19 vaccine "equally" with a prominent global one, even though the homegrown drug's efficacy has not been proven, and people will have no choice which one they get, a top government vaccine official told Reuters.
India plans to achieve 20% ethanol-blending with gasoline by 2025, five years ahead of its previous target, to help reduce its dependence on costly oil imports, the government said on Thursday.
WhatsApp's updated privacy policy verges on user surveillance and threatens India's security, a petition filed in an Indian court said on Thursday, presenting another legal challenge for the Facebook Inc-owned messenger.
Tata Group plans to invest in digital, high-end electronics and healthcare in a post-pandemic world, the $100 billion conglomerate's chairman said on Thursday.
The Serum Institute of India (SII) expects WHO emergency use authorization soon for the Oxford University/AstraZeneca coronavirus vaccine, which it is producing for mid and low income countries, its chief executive said.