New draft rules could affect some of China’s most popular e-commerce firms, including Alibaba and Tencent.
New draft rules could affect some of China’s most popular e-commerce firms, including Alibaba and Tencent.
Analysts say India’s economy likely shrank by about 20 percent in the April-June quarter as country went into lockdown.
Firms are being forced to shed jobs, adding to the already near-record high unemployment rate.
India and the US remain deadlocked over high tariffs set by New Delhi on motorbikes, medical equipment and other goods.
With India’s economic growth at its slowest in 11 years, the government’s options in its upcoming budget appear limited.
The recent spike in oil prices and a surge in inflation show how exposed India is to imported energy, analysts say.
India’s economy grew at the slowest pace in more than six years and the pain is widespread.