Taiwan's government on Thursday said it had approved a $140 million investment in India by Pegatron Corp, a major Taiwanese Apple Inc contract manufacturer.

Taiwan approves $140 million Pegatron investment in India

India's economy, severely affected by the coronavirus pandemic, is gradually recovering, the International Monetary Fund said on Thursday.

Indian economy is gradually recovering: IMF

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Taiwan approves $140 million Pegatron investment in India

Indian economy is gradually recovering: IMF