India refused to stop supplying munitions to Ukraine despite the Kremlin raising the issue on two occasions, according to Reuters. Russia’s top trade ally has been sending ammunition, notably artillery shells sold by Indian arms makers, for Ukraine’s war against Russia for more than a year, though India’s foreign ministry spokesperson Randhir Jaiswal denied this…
India’s overtaking of China in key global gauges will likely usher in a bigger influx of foreign flows, giving equities in the South Asian country another boost. India has overtaken China in the MSCI AC World IMI Index with a 2.35% weighting compared to a 2.24% for the latter, according to a Morgan Stanley report…
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: Good morning, this is Alex Gabriel Simon, an equities reporter in Mumbai, where it’s all bright and sunny this morning. That’s a fitting backdrop for Indian stocks, which are…
washington — President Joe Biden has made it a priority to elevate the relationship of the Quad, four countries touched by the Indo-Pacific region, the White House said, as he prepares to host the leaders of Japan, India and Australia on Saturday at his Delaware home. The region stretches from the U.S. West Coast to…
Lenovo Group started building artificial intelligence (AI) servers in India’s south, the latest boon for the rapidly growing country’s push to become a hi-tech powerhouse. The company said Tuesday it has started making the large, powerful computers in Pondicherry, southeastern India, moving beyond products such as laptops and smartphones. The Chinese company will also build…
India’s Prime Minister Narendra Modi shakes hands with former U.S. President Donald Trump before a meeting at Hyderabad House in New Delhi on February 25, 2020. Mandel Ngan | Afp | Getty Images Republican nominee Donald Trump said Tuesday that he will meet Indian Prime Minister Narendra Modi next week. Speaking at his first public…
The RN-Tuapsinsky refinery operated by Rosneft Oil Co. in Tuapse, Russia. Andrey Rudakov | Bloomberg | Getty Images SINGAPORE — As the world’s oil traders and analysts gathered at the annual Asia Pacific Petroleum Conference in Singapore last week, the slump in oil and where it was headed was foremost in everybody’s mind. China, the…
External Affairs Minister S. Jaishankar highlighted that 75 percent of disengagement issues with China have been resolved in their border talks. Nonetheless, he recognized that some issues remain unresolved. Jaishankar also pointed out that the relationship between India and China has historically been challenging. “We did not have an easy relationship in the past. What…
We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. Must have experience: impossible catch for pressured Chinese students seeking…
As cases of heart attacks among young gym-goers surge in India, concerns are rising about the factors contributing to this alarming trend. The root causes of this disturbing phenomenon are multifaceted, involving a combination of intense exercise regimens, underlying medical conditions, and detrimental lifestyle choices such as a poor diet and chronic stress. With an…