A quarter of trapped oil tankers manage to slip through Hormuz

A quiet trickle of oil tankers has begun escaping the Persian Gulf through the Strait of Hormuz, with roughly one quarter of the large non-Iranian vessels stranded since the outbreak of war now having navigated past the strategic chokepoint. The gradual movement comes as Chevron's chief executive warns that ships continue to face attack......

Armenia stages major military parade amid growing split with Russia

Armenia held its first large-scale military parade in a decade on May 28, displaying newly acquired foreign weapons systems in central Yerevan as the country accelerates efforts to reduce its long-standing military dependence on Russia. The demonstration took place just days before crucial parliamentary elections and reflected the government’s......

India’s MobiKwik targets $500 million NBFC loan book, CEO says

One MobiKwik Systems Ltd is aiming to build a loan book of around 50 billion rupees (approximately $522.5 million) through its non-banking financial company (NBFC) operations over the next three to five years, according to its chief executive officer. The Gurugram-based fintech firm, known for its digital payments and financial services for......

American Airlines plans to double India tech hub workforce, sources say

American Airlines Group is planning to significantly expand its technology operations in India by doubling the workforce at its Hyderabad tech hub to around 800 employees by early next year, according to sources familiar with the matter. The expansion reflects a broader trend among global airlines and corporations increasingly relying on......

India on track to become stock-pickers’ market in June, brokerages say

India’s equity market is expected to enter a stock-pickers’ phase in June, as investors increasingly focus on selective sector opportunities rather than broad-based gains, according to market brokerages. Analysts suggest that domestic investment flows are likely to target specific industries with strong fundamentals, while cautious......

Ten Indian sailors freed in Iran after months of detention

Ten Indian sailors detained in Iran since mid-2025 have been released following what authorities described as sustained diplomatic efforts, according to maritime officials in India. The sailors were part of the crew aboard the vessel MV Harbour Phoenix, which was intercepted near the port of Jask in the Gulf region. Iranian authorities had......

Bayer’s India unit reports higher quarterly profit driven by crop protection business

Bayer CropScience India has reported a rise in quarterly profit, supported by strong performance in its crop protection business despite weaker demand in parts of the seeds market. The Indian subsidiary of Germany-based Bayer AG announced that its profit increased by more than 13% during the quarter ending in March, benefiting from stable......

Bangladesh increases border vigilance over suspected forced crossings from India

Bangladesh has stepped up border surveillance and awareness campaigns along its frontier with India amid growing concerns over alleged forced cross-border movements of people, according to border officials. Bangladeshi authorities say border guards have intensified patrols in several sensitive areas and launched public information campaigns......

India plans stronger debt market rules and prepares Tokenised bond pilot

Securities and Exchange Board of India is considering new reforms aimed at strengthening transparency and efficiency in the country’s debt market. Indian regulators are currently reviewing whether listed debt securities should follow disclosure standards similar to those applied to listed equities, a move designed to improve investor......

Global companies in India rethink hiring strategies as AI transforms skill demand

Global companies operating in India are reassessing their recruitment strategies as artificial intelligence rapidly transforms the skills required across industries. Executives from multinational firms and Global Capability Centers (GCCs) say companies are becoming more selective in hiring, with increasing demand for workers who possess advanced......

Rubio says India commits to massive $500 billion US imports

Le secrétaire d’État américain Marco Rubio a effectué une visite diplomatique en Inde dans un contexte de tensions commerciales et stratégiques entre Washington et New Delhi. Il a rencontré le Premier ministre Narendra Modi ainsi que le ministre des Affaires étrangères S. Jaishankar......

Schneider Electric sees India data center business outpacing core growth on AI boom

India’s rapidly expanding digital economy and the rise of artificial intelligence are reshaping the country’s infrastructure needs, with data centers emerging as one of the fastest-growing segments. Schneider Electric expects its data center operations in India to grow significantly faster than its overall business in the country......

India becomes net importer of finished steel as domestic demand rises

India became a net importer of finished steel in April as rising domestic demand and increasing overseas shipments reshaped the country’s steel trade balance, according to provisional government data. The figures show that India imported approximately 700,000 metric tons of finished steel during the month, marking a significant increase......

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