A head of India’s budget on February 1st, Narendra Modi asked Lakshmi, the Hindu goddess of wealth, to bless the poor and the middle class. The prime minister’s request for divine intervention mingled public spirit with political self-interest: frustration about economic growth and joblessness contributed to Mr Modi’s loss of his outright majority in elections held last year.

The two leaders share cordial relations but experts say US's concerns over tariffs, illegal immigration might strain bilateral ties.

Opposition lawmakers in India's parliament are protesting the US deportations of Indian immigrants. A US military plane carrying 104 Indian migrants-- deported as part of US President Donald Trump's immigration agenda-- landed in northern India's Punjab State on Wednesday.

The Reserve Bank of India is set to allow trading in bond forwards that long-term investors can use to manage their interest rate risk, the central bank said on Friday.

The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The central bank forecast real GDP growth for next fiscal year at 6.