India
India on Iran war: the costs of sitting still
New Delhi’s calculated neutrality has ignited a debate over the limits of its foreign policy
Indian central bank intervenes as rupee drops to record low
The currency has lost more than 7% this year to rank as Asia’s worst performer
Indian airlines plead with oil majors to postpone jet-fuel hikes
Their proposal is under consideration by the refiners, sources say
India to monitor Boeing fuel-switch test tied to Air India London incident, documents show
The testing renews the spotlight on the switches on Dreamliners that regulate the flow of jet fuel into a plane’s engines
Tata Electronics and ASML partner on India’s first semiconductor fab
India has pledged billions of dollars in subsidies to attract semiconductor-related plants
India’s trade deficit widens in April as import costs rise
The gap stands at US$28.4 billion, higher than economists’ forecast of US$26 billion
India hikes fuel prices for the first time in four years amid Iran war crude spike
The move follows a cut in fuel taxes in March that gave refiners some relief, but will not offset losses
India’s wholesale inflation quickens to 3½-year high of 8.3% as energy costs soar
The increase mounts pressure on New Delhi to raise retail fuel prices, which have been kept unchanged
India clears US$3.9 billion push to turn coal into gas to reduce imported fuel reliance
It will reduce India’s imports of liquefied natural gas (LNG), urea, ammonia and methanol
India’s Modi cuts size of his motorcade to save fuel, source says
India is the world’s third-biggest oil importer and consumer
