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Instant View: India s Jan-March quarter GDP growth at 6 1% y/y

India's economic growth accelerated to 6.1% in the March quarter from a year earlier as a recovery in private investment and domestic consumption offset the drag from softening global demand.

Morning Bid: Debt vote in sight, but further Fed squeeze

Turkey sovereign dollar bonds jump as investors await Erdogan s economic team

Turkey's sovereign bond prices rose more than two cents on the dollar on Tuesday as markets waited for President Tayyip Erdogan, the winner of Sunday's presidential election runoff, to decide on a cabinet to run economic policy.

US debt ceiling deal to face its first test in Congress

A bipartisan deal to raise the $31.4 trillion debt ceiling faces its first test in Congress on Tuesday, setting up what could be a nail-biting week of voting before the US runs out of money to pay its bills.

Exclusive: India may cut solar panel import tax to make up domestic shortfall

India is considering cutting its import tax on solar panels by half and is seeking a rollback in goods and services taxes on the devices to make up a shortfall in local output amid rising demand for renewable energy, three government sources said.

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