Keywords: India
India’s largest private refiner, Reliance Industries, has declined to accept two cargoes of Iranian crude oil, citing compliance concerns, as a temporary U.S. sanctions waiver nears its expiration. The decision highlights the increasing pressure on global energy flows amid shifting geopolitical......
Domestic equity markets posted strong gains this week, rising nearly 6% and breaking a six-week losing streak, as easing geopolitical tensions between the United States and Iran boosted investor confidence and reduced global volatility. The BSE Sensex closed Friday 1.2% higher, gaining 919 points to......
Air India announced on Tuesday that Campbell Wilson has resigned from his role as CEO and Managing Director. His departure comes as the airline continues to face ongoing financial difficulties and increased scrutiny from aviation regulators. The decision follows a tragic accident last year that claimed......
India’s National Stock Exchange of India has announced plans to introduce new crude oil futures contracts based on international price benchmarks, in collaboration with S&P Global Energy. The initiative aims to strengthen the country’s commodity derivatives market and improve access for......
The war in Iran, now entering its second month, is fueling a worsening agricultural emergency across South Asia as disruptions to energy and fertilizer supply chains threaten food production in some of the world's most populous nations. Since U.S. and Israeli strikes on Iran began on February 28,......
India’s fiscal deficit for the period from April to February reached 12.5 trillion rupees ($132 billion), or approximately 80% of the government’s target for the 2025/26 financial year, according to official data released Monday. Net tax revenues rose to 21.5 trillion rupees, up from 20.2......
Asian airlines are cutting flights heavily from April 2026 as a spike in jet‑fuel prices pushes the region toward what analysts are calling the worst aviation crisis since the pandemic. The war between the United States, Israel and Iran, along with disruptions to oil flows through the Strait of Hormuz,......
Escalating conflict in the Middle East could reduce economic output across Asia Pacific by up to 3 percent in a prolonged war scenario, according to a new assessment by Moody’s Analytics. The report projects regional growth slowing to 4 percent in 2026 from 4.3 percent in 2025, with further moderation......
IndiGo has appointed Aloke Singh, former CEO of Air India Express, as its new chief strategy officer. Singh will join the airline on April 6, following the recent departure of CEO Pieter Elbers. IndiGo holds approximately 65% of the domestic market in India, the world's fastest-growing aviation......
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