MEA Spokesperson Raveesh Kumar said India is closely engaged with the Trump administration as well as the US Congress on the matter.

Non resident Indians are a happy lot as a slump in rupee has given them a windfall gain on their foreign exchange earnings.

The London High Court recently issued an order stating that the court's enforcement officers are "at liberty to sell" six of the 62-year-old's posh cars to pay off the Rs 10,000 crore debt he owes to the consortium of 13 lenders.

Flipkart accounted for more than half of the Gross Merchandise Value (GMV) for the entire industry between the Diwali sale period of October 9 and October 14, 2018.

The country is home to one of the highest proportions of female billionaires at 18.6 per cent among the major countries, says Credit Suisse.