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It’s never a good sign when your foreign minister needs a lobbyist to meet US officials. The recent events signal a breakdown in the Modi government’s ability to operate in today’s Washington through its own machinery.

As India’s largest stock exchange heads to the public markets, it may need to rethink its excessive reliance on transaction revenue.
The interim deal between Tehran and Washington to end hostilities in the Mideast, another IPO on hold, and other news updates from the week.
One of the largest public listings of this year in the Gulf just hit pause amid geopolitical uncertainty, football fans in the UAE can bet on FIFA World Cup matches and other updates from the week.