Chinese Foreign Minister Wang Yi arrived in New Delhi on Monday for a two-day visit viewed by many as the first indication of a thaw in relations between two rivals.

India's Epsilon Advanced Materials is moving swiftly to close deals to supply critical components to Japanese and South Korean battery makers in the U.S., a top executive said, after Washington imposed anti-dumping duties on Chinese imports.

Chinese Foreign Minister Wang Yi, who arrived in India on Monday, is scheduled to hold talks with Modi and other leaders about the disputed border in the Himalayan mountains. Reducing the number of troops on the border and possibly resuming trade in the contested region are expected to be on the agenda.

Apple is pushing more iPhone production into India while the White House hits the country with new trade threats over its growing ties with Russia. According to CNBC, the tech giant is expanding operations at five factories in India,