Sri Lanka signs $1 billion credit line with India
COLOMBO – Sri Lanka’s Finance Minister Basil Rajapaksa signed a $1 billion credit line with India on Thursday to help ease crippling shortages of essential items, including fuel, food and…
COLOMBO – Sri Lanka’s Finance Minister Basil Rajapaksa signed a $1 billion credit line with India on Thursday to help ease crippling shortages of essential items, including fuel, food and…
By Nidhi Verma and Rajendra Jadhav NEW DELHI – India is boosting fertiliser imports from nations including Canada and Israel to ensure sufficient supplies for the coming summer sowing season…
India Could Accept Huge Russian Oil Offer After US Announces Import Ban Sebastian Hughes on March 14, 2022 India may accept an offer from Russia to buy its crude oil…
By Nidhi Verma and Sethuraman N R New Delhi -India will take “appropriate” steps to calm the rise in oil prices, triggered by Russia’s invasion of Ukraine, the junior oil…
India Says Missile It Fired Into Pakistan Was An Accident Sebastian Hughes on March 11, 2022 A “technical malfunction” during routine maintenance led to the firing of a missile into…
MUMBAI – India’s growth story remains as weak as it was during the 2013 ‘taper tantrum’ and geopolitical tensions in Ukraine and Russia are further likely to hurt a recovery,…
By Rajendra Jadhav, Nupur Anand and Aftab Ahmed MUMBAI – India is exploring ways to set up a rupee payment mechanism for trade with Russia to soften the blow on…
By Aditi Shah NEW DELHI – Stellantis’ Jeep will launch two new sport-utility vehicles (SUVs) in India this year to boost sales in a market where it has struggled to…
By Nupur Anand, Aftab Ahmed and Scott Murdoch MUMBAI – Prospective investors in Life Insurance Corp of India’s (LIC) $8 billion IPO are seeking assurances from company management that it…
By Manoj Kumar and Alexander Cornwell NEW DELHI/DUBAI -India and the United Arab Emirates signed a broad trade and investment pact on Friday that will eventually cut all tariffs on…
By Sudarshan Varadhan NEW DELHI – (This February 17 story corrects first line to say five million tonnes per annum, not cumulative) India plans to manufacture five million tonnes of…
TAIPEI – Taiwan’s Foxconn said on Monday it had partnered with Indian conglomerate Vedanta Ltd to make semiconductors in the South Asian country, as the electronics giant looks to diversify…
By Nidhi Verma NEW DELHI – India’s federal investigation agency has filed a police complaint against ABG Shipyard Ltd and its promoters accusing it of defrauding banks of 228.42 billion…
By Aditya Kalra NEW DELHI – Indian officials have held heated discussions with Google, Twitter and Facebook for not proactively removing what they described as fake news on their platforms,…
By Sudarshan Varadhan CHENNAI -India will allocate an additional 195 billion rupees ($2.62 billion) to boost investment in solar equipment manufacturing, Finance Minister Nirmala Sitharaman said on Tuesday. “Production Linked…
By Aditi Shah NEW DELHI – India’s Tata Group took control of state-run carrier Air India on Thursday, finalising a $2.4 billion deal to regain ownership of the airline after…
HOUSTON – A 48-year-old local man has been taken into custody on charges of obtaining over $600,000 from elderly victims throughout the country, announced U.S. Attorney Jennifer Lowery. Authorities arrested…
A house in India collapsed into the nearby river as severe rain triggered mass flooding and landslides in southern India since Friday. At least 27 people have died and several…
Some of the world’s top emitters of methane haven’t signed a global effort to curb how much of the greenhouse gas is emitted by 2030. The three countries – China,…
India’s Parliament has approved a controversial citizenship bill that grants citizenship to minorities facing persecution from three neighbouring countries – but excludes Muslims. A day after clearing the lower house,…
First human heart transplant performed; Industrial accident kills thousands in Bhopal, India; Hundreds of students arrested at the University of California at Berkeley; “A Streetcar Named Desire” opens on Broadway;…
Pakistan has handed over a captured pilot to Indian authorities at the Wagah border, a move aimed at de-escalating tensions after days of hostilities between the South Asian neighbours. Wing…
India’s Supreme Court has given ownership of a disputed religious site in the northern town of Ayodhya to Hindus for the construction of a temple in a landmark verdict announced…