India's budget focuses on infrastructure and defence spending and tax breaks for data-centre investments.

The relationship between India and Canada has been visibly on the mend since Mr. Modi attended the Group of 7 summit in Alberta at Mr. Carney’s invitation in June 2025, shortly before the shock of the American tariffs.

The agency added that it did not recommend travel or trade curbs after two infections of the deadly virus were reported by the South Asian nation.

By Ashwin Manikandan MUMBAI, Feb 1 (Reuters) - India's annual federal budget was "tactical" but not a "breakthrough", Moody's Ratings said in its reaction to a government roadmap for the next financial year.

India's economy is growing faster than most, but it is still seeing capital outflows.

No cases of the virus were reported outside India, but several Asian countries introduced or reinforced screening measures at airports as a precaution.

By Shaloo Shrivastava BENGALURU, Feb 2 (Reuters) - India's manufacturing activity inched up in January as demand improved slightly but the gain wasn't strong enough to lift business optimism or meaningfully increase hiring,

Goods traded between India and the EU in 2024 amounted to over 120 billion euros (about $140 billion), making it New Delhi's largest trading partner.