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Air India seeks access to China's restricted Xinjiang military airspace to shorten flight paths, a move prompted by Pakistan's airspace closure impacting operational costs. The airline faces significant financial strain, with fuel expenses soaring and journey times increasing. This strategic appeal aims to improve connectivity to North America and Europe, potentially saving millions weekly....
US sanctions on Russian oil giants Rosneft and Lukoil have significantly impacted India's crude imports, with shipments plummeting by 66% in November. Refineries are now wary of US penalties, leading to reduced new orders and expedited existing ones. This shift forces Russian exporters to adopt more opaque shipping methods to navigate sanctions....
The clock is ticking for India-bound tankers carrying millions of barrels of crude from blacklisted Russian suppliers Rosneft PJSC and Lukoil PJSC, with a wind-down period for US sanctions set to end this Friday....
Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Wednesday. While Nifty50 was below 25,900, BSE Sensex was near 84,600....
The Reserve Bank of India's inflation forecasting model is coming under increasing scrutiny from economists after the central bank consistently overestimated price pressures this year, contributing to a hawkish policy approach....
Volkswagen AG is slashing costs of developing electric vehicles in India by a third and scouting for a local partner to help boost its tiny market share, according to people familiar with the matter....
The case against Gautam Adani, the infrastructure titan and a close associate of Prime Minister Narendra Modi, has stalled with no sign of progress....
Indian Foreign Minister Subrahmanyam Jaishankar called for getting rid of risks in trade and economic cooperation and pointed out the importance of diversification...
India-US trade deal: A senior Trump administration official indicated a trade deal between India and the US is nearing finalization, though complexities arise from India's dealings with Russia. Discussions have been ongoing since March, with both sides expressing optimism for a fair and balanced agreement that protects Indian communities....
Überwachung, Verbreiten von Gerüchten und moralische Bevormundung sind nur einige der Methoden, mit denen die indische Gesellschaft Frauen kontrolliert, die sich für ein Leben allein entscheiden....
India remains committed to reaching a “fair, equitable and balanced” trade deal with the US, the country's trade minister said, a day after his ministry announced that a final agreement is expected soon....
Commerce and Industry Minister Piyush Goyal indicated that a trade pact between India and the US is nearing completion, emphasizing the need for a fair, equitable, and balanced agreement. He assured that India will continue to protect the interests of its farmers, fishermen, and small industries during ongoing negotiations....
Indian equities are set to reverse their historic underperformance against emerging market peers next year, powered by government policy actions, according to Morgan Stanley....
Zitat des Tages: Auf den Universitäten lernen die Wirtschaftsstudenten immer nur investieren. Fürs Schrumpfen haben die noch keinen Lehrstuhl. - Dr. Oskar Grünwald