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Four European countries just signed a free-trade deal with India—and committed to invest $100 billion

Signed Sunday, the pact promises “more resilient supply chains” and “significant economic benefits” for the non-EU nations.

Ashok Sharma

With elections due by May, there were expectations of populist giveaways. But the short-term budget is mostly free of big-spending new programs.

India and Bangladesh launched two new railway links and a thermal power plant unit Wednesday to strengthen connections and energy security in the...