Lack of competitiveness, paucity of risk capital, infrastructure issues and a strong rupee are preventing exports from taking off

Being one of the largest PE firms in the world, Blackstone does believe in waiting it out for the right time and right valuations before striking a deal. As distress in the Indian real estate sector is clearly visible now, Blackstone has been quite busy.

The government has spent Rs 75,900.54 crore in 2018-19, Rs 72,732.28 crore in 2017-18 and Rs 69,280.16 crore in 2016-17

Pompeo also met Foreign Minister S Jaishankar to prepare the groundwork for the summit level meeting between US President Donald Trump and PM Modi on the sidelines of the G20 summit in Osaka, Japan on July 28.

Speaking at the India Ideas Summit of US-India Business Council here on Wednesday, he also said America is \"open\" to dialogue on trade issues.

The government is looking to push the new policy to boost the adoption of EVs as it tries to bring down its oil imports and curb pollution