India News

IDBI Bank Ltd. shares slumped in Mumbai after the Indian government scrapped bids for a majority stake in the lender. Source link

NEW DELHI — India secured the safe transit of two Indian flagged carriers carrying liquified petroleum gas through the Strait of Hormuz, which Iran has largely blockaded for commercial shipping as the conflict between the United States, Israel and Iran enters its third week. The tankers crossed the strait Saturday after New Delhi stepped up…

ANKARA The Ankara Chamber of Industry (ASO) has warned that the Free Trade Agreement (FTA) signed between the European Union (EU) and India is unlikely to cause an immediate and destructive loss of market share for Türkiye but rather a gradual increase in competitive pressure. In a newly published research report, ASO analyzed the potential…

India’s government is focused on ensuring safe passage for six tankers carrying liquefied petroleum gas through the Strait of Hormuz in negotiations with Iran, according to people familiar with the matter. Source link

Foreign Minister S Jaishankar told FT there was no “blanket arrangement” for Indian ships to pass through the strait. Source link

India continues to expand its electronic visa (e-Visa) system, which has become one of the cornerstones of the country’s policy to facilitate international travel. Introduced to simplify access to Indian territory, this system allows foreign nationals, whether traveling for tourism, business, medical treatment, or certain professional activities, to submit their application entirely online from anywhere…

Sudhir Rentals has grown from a manufacturer of gensets to become one of India’s foremost generalist rental companies through rapid growth, and taken the leap into the highly competitive markets of the Middle East and the UK,  As Ankit Bhati, who heads up the company’s rental business in India and is in charge of fleet…

France warned Monday it could block the disbursement of climate funds to India under a recent trade deal with the EU if New Delhi does not up its game in fighting global warming. Source link

The signing of the India-US trade deal will happen only after the new tariff framework is in place, Commerce Secretary Rajesh Agrawal said on Monday during a trade data briefing. US President Donald Trump and PM Narendra Modi during a news conference in the East Room of the White House in Washington DC on Thursday,…