Exclusive: Japan in driver’s seat for Indian bullet train deals

NEW DELHI/TOKYO (Reuters) – Japanese steel and engineering companies are in the driver’s seat to bag major supply contracts for a $17 billion Indian bullet train, several sources said, undermining a key component of Prime Minister Narendra Modi’s economic policy – a push to ‘Make in India’.

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Exclusive: Trump considers big ‘fine’ over China intellectual property theft

WASHINGTON (Reuters) – President Donald Trump said on Wednesday the United States was considering a big “fine” as part of a probe into China’s alleged theft of intellectual property, the clearest indication yet that his administration will take retaliatory trade action against China.

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India will need at least $125 billion to fund renewables dream: government official

NEW DELHI (Reuters) – India will need at least $125 billion to fund its ambitious plan to increase the share of renewable power supply in the country’s grid by 2022, a top government official told Reuters, underlining the immense financing challenge ahead.

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