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Policy barriers, bureaucracy could slow pace of investment in India – Moody’s

MUMBAI (Reuters) – The pace of investment in India’s manufacturing and infrastructure sectors could decrease due to slower policy implementation and bureaucracy despite the economy’s strong potential, Moody’s Investors Service said on Tuesday. “India’s higher bureaucracy in decision making will reduce its attractiveness as a destination for foreign direct investment, especially when competing with other …

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China scales down rescue effort for missing crew of capsized vessel

BEIJING (Reuters) – China scaled down a rescue effort for crew missing from a capsized fishing vessel, after concluding that very few air pockets remained to keep alive any trapped survivors, state media said on Tuesday. Seven bodies were retrieved from the fishing vessel, the “Lupeng Yuanyu 028”, after it capsized last week in a …

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India’s Infosys unveils AI platform

BENGALURU (Reuters) – India’s second-largest software services exporter Infosys Ltd said on Tuesday it launched a platform called Infosys Topaz for generative artificial intelligence (AI). (Reporting by Varun Vyas in Bengaluru; Editing by Rashmi Aich)

India showcases scenic Kashmir to G20 countries, hoping to woo foreign tourists

By Fayaz Bukhari SRINAGAR, India (Reuters) – India began showcasing the Himalayan region of Kashmir to tourism officials of G20 countries on Tuesday, hoping to attract foreign visitors to the picture-postcard territory troubled by a three-decade Islamist insurgency. The federal territory of Jammu and Kashmir has been roiled by militant violence since 1989, disrupting a …

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Denmark offers to host Ukraine peace talks, wants India, China, Brazil to attend

By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) -Denmark would like to host a summit in July aimed at finding peace between Ukraine and Russia, but such a meeting would need engagement from India, China and Brazil, Danish Foreign Minister Lars Lokke Rasmussen said Monday. Ukrainian President Volodymyr Zelenskiy on Sunday sought global support at the G7 meeting …

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France’s Macron: G7 is opportunity to convince Global South over Ukraine

By John Irish HIROSHIMA, Japan (Reuters) -French President Emmanuel Macron said on Sunday the Group of Seven (G7) summit in Japan is an opportunity to convince big emerging states such as India and Brazil regarding Russia’s invasion of Ukraine. Macron was speaking to reporters a day after calling the surprise visit by Ukrainian President Volodymyr …

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Zelenskiy invites India PM Modi to join Ukraine’s peace formula

HIROSHIMA, Japan (Reuters) – President Volodymyr Zelenskiy said he had invited India to join Ukraine’s peace formula during his talks with Prime Minister Narendra Modi on the sidelines of the Group of Seven (G7) summit on Saturday in Japan. Zelenskiy said on the Telegram messaging app that the two had also discussed Ukraine’s needs in …

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Ukraine’s Zelenskiy meets world leaders on sidelines of G7 summit

HIROSHIMA, JAPAN (Reuters) -Ukraine’s President Volodymyr Zelenskiy received a warm welcome in Japan on Saturday after arriving to attend the Group of Seven (G7) summit in Hiroshima for back-to-back bilateral meetings with world leaders. Zelenskiy has so far met with Indian Prime Minister Narendra Modi, France’s President Emmanuel Macron, and Britain’s Prime Minister Rishi Sunak …

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