Bezos had committed investment worth USD 5 billion in the Indian market in 2016.

US officials said a lot of work remained to be done when Trump announced the outlines of an interim deal last month.

China’s latest push for more tariff rollbacks would be discussed, but was not expected to derail progress toward an interim deal.

The denial rate of H-1B petitions for initial employment for Amazon, Microsoft, Intel and Google in 2015 was just 1 pc.

Bankruptcy law of India which seeks to consolidate the existing framework by creating a single law for insolvency and bankruptcy.

Federal law limits the time a national bank may hold foreclosed and “other real estate owned” (OREO) assets.

The State Department did not name the Chinese officials affected by the visa clampdown.

Government slashed the income tax rate for companies by almost 10 percentage points to 25.17 per cent.

The extra tariffs of 5 pc and 10 pc were levied on 1,717 items of a total of 5,078 products originating from the US.

A fresh set of tariffs are set to be imposed on Chinese products from September 1.