United States criticizes UPI and data localisation in India talks
Business
Trade talks between the US and India have hit a few bumps, with the US calling out India's UPI payment system for making things tough for American companies.
The US also isn't happy about India's rules on where companies must store their data, saying these make fraud harder to spot and drive up costs for global businesses.
Tariffs and licensing hurt foreign businesses
The report also points to high tariffs on things like farm products, plus tricky rules in sectors like finance and telecom.
Import licensing hassles and internet shutdowns are making it harder for foreign businesses to operate smoothly in India.
The US hopes new agreements will help level the playing field and protect its companies working there.