India emerging as a hub for clinical trials, says Parexel - The Economic Times

India's retail inflation rate slowed down to a 25-month low of 4.25%, close to the RBI's 4% target, in May. However, experts do not expect the central bank to lower interest rates soon. Meanwhile, a survey of 3,020 employers suggested the country's job market is likely to see an uptick in July-September, following two consecutive quarters of cooling down. The Indian government has urged Chinese mobile phone manufacturers to induct Indian equity partners in their local operations.

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