#India

India plans to hike foreign investment cap in state-run banks to 49%

India plans to hike foreign investment cap in state-run banks to 49%

Current foreign ownership in state-run banks ranges from a high of about 12 per cent in Canara Bank to near zero in UCO Bank as of September 30

India seeks details from Boeing after emergency system glitch on Air India jet

India seeks details from Boeing after emergency system glitch on Air India jet

The crew of the aircraft which was flying from the Indian city of Amritsar to Birmingham, detected the deployment of the emergency power system

India and UAE deepen economic partnership with CEPA driving record trade

During the meeting, UIBC-UC launched its latest research paper, Strength in Synergy: Unlocking India-UAE CEPA Global Potential

India’s e-passport era begins in Dubai: Here’s what applicants need to know

New rule: India mandates stricter passport photo specs for applicants

Passport applications will only be accepted if the photos adhere to these ICAO biometric specifications, emphasising alignment with international travel standards

India opens F&B sector to 100% foreign investment

India unites against US tariff threat over Russian oil trade

The trade tensions have caused concern about the potential impact on India’s economy.

Tesla to sell Model Y cars in India, starting at $69,770

Tesla will drive on to India’s busy roads, targeting a niche premium EV segment that accounts for just 4 per cent of overall sales

India launches e-visa for Kuwaitis: What you need to know

India launches e-visa for Kuwaitis: What you need to know

The service covers five main categories: tourism, business, medical, ayush-yoga, and conference visas

Air India-A350-VT-JRI

Boeing shares fall nearly 8% after Air India plane crashes

Boeing’s 787 is a newer series of jets with a solid safety record and no fatal crashes

Air India Ahmedabad-London flight crashes

Update: Air India Ahmedabad-London flight crash – 241 confirmed fatalities, one survivor

According to reports, the aircraft was heavily fuelled for the long-haul trip which could have intensified the explosion and fire following the crash

Air India-A350-VT-JRI

Air India, IndiGo have cancelled operations at multiple airports

Neither airline specified the exact cause of the disruption, although the suspended routes point to heightened security precautions

India suspends IPL cricket league amid tensions with Pakistan

The suspension will come as a major setback for a Reliance-Disney joint venture which has broadcast rights for the matches, and also scores of companies who have commmitted millions of dollars for advertising

UAE airlines now fly to 606 destinations worlwide to meet growing demand Image-Getty Images for illustrative purposes

Airlines re-route, cancel flights due to India-Pakistan flare-up

Images from flight tracking websites showed a long line of airlines passing over Oman, UAE and Kuwait

Electric cab service: Here’s why India’s BluSmart’s has been suspended

With more than 8,000 taxis, it set up charging hubs in cities like New Delhi, Mumbai and Bengaluru to take on Uber and Ola

iPhone 15

Apple airlifts 1.5m iPhones from India ‘to beat’ Trump tariffs

Analysts have warned that US prices of iPhones could surge, given Apple’s high reliance on imports from China, the main manufacturing hub of the devices

How will Trump’s reciprocal tariffs impact Indian exports?

The United States imposes a 2.5 per cent tariff on passenger vehicle imports, while India imposes 70 per cent, the White House said in a statement

Delhi airport operator sues govt over flights from defence airbase

The airport is one of India’s busiest, with about 73.6 million passengers using it last year, though it made a loss of $21m because of higher government fees

India’s central bank delivers first rate cut in nearly 5 years

India’s benchmark 10-year bond yield was up five basis points at 6.70 per cent after the announcement

Zomato share price plunges for second day after profit shock

The company’s quick commerce arm, Blinkit, remains a major drag on performance

Dubai developer Emaar in talks to sell stake in Indian business

Dubai developer Emaar in talks to sell stake in Indian business

The valuation and other terms of a potential transaction are not finalised

India opens F&B sector to 100% foreign investment

India opens F&B sector to 100% foreign investment, ownership

India sets $100bn target of combined product exports for food and beverage sector, and agriculture and marine industries in next five years

India marks its 77th independence day

India aims to strengthen ties with US, engage with Trump

India’s government and industry groups favour a broader trade and investment pact with the United States to help manufacturers integrate into global supply chains

Renuka Jagtiani on Landmark’s billion-dollar bet on the future

Renuka Jagtiani on Landmark’s billion-dollar bet on the future

The chairwoman of Landmark said the retail conglomerate plans to refresh its existing stores and enhance its online presence and operations

Adani Enterprise Ltd Image IHC X

6 major fallouts for Adani Group after US bribery indictment

The US has indicted its billionaire chairman Gautam Adani for alleged bribery and fraud to win contracts for a group company, Adani Green Energy

Empowering women entrepreneurs: unlocking a multi-trillion-dollar opportunity

The road to business growth and sustainability for women entrepreneurs is often fraught with obstacles, writes the author

Ratan Tata, patriarch of Indian conglomerate, dies at 86

Ratan Tata, who put India’s Tata Group on the global map, passes away at 86

He took the helm of the Indian conglomerate when his uncle J.R.D. Tata stepped down in 1991

ADIA starts operations in India’s GIFT City office

Abu Dhabi fund ADIA boosts global presence with GIFT City office

The fund will undertake a phased transfer of certain existing Indian investments to its GIFT City subsidiary

Rorix Holdings, Adani Ports ink MoU, target commodities market ecosystem

Rorix Holdings, Adani Ports ink MoU, target commodities market ecosystem

The partnership aims to enhance transparency, efficiency and security within the commodities market, benefitting stakeholders across the globe

Carrefour forays into India in partnership with Apparel

Carrefour teams up with Dubai’s Apparel Group to expand into India

The partnership will be aimed at North India initially, with further expansion planned across the country

India’s SpiceJet faces fresh regulatory challenges

India’s aviation watchdog puts SpiceJet under enhanced surveillance

The current disruption is the latest in a long list of troubles for SpiceJet, which has struggled to restore operations

Gold

Gold’s run to record high may crimp demand: Insight

The combination of bearish and bullish factors for gold may end up having the effect of keeping the price in a relatively narrow range for the rest of the year