More in India
India’s Chandrayaan-3 enters lunar orbit: A historic soft landing near south pole
India’s third lunar mission, Chandrayaan-3, has entered the lunar orbit, the country’s space agency has announced. The spacecraft, which comprises an orbiter, lander, and rover, is expected to make a soft landing near the Moon’s south pole on August 23 or 24. If successful, India will be the first country to land near the Moon’s […]
BY Insider Desk
Little-known traders facilitate half of Russia’s oil exports to China and India
A little-known Hong Kong-based trading company, Guron Trading, recently emerged as the new owner of 100,000 tonnes of Urals crude carried by a Liberian-flagged oil tanker, Leopard I, which set sail from Russia’s Ust-Luga port in May. The rise of such obscure trading firms has been witnessed in the wake of sanctions imposed due to […]
BY Insider Desk
India’s foreign exchange reserves hit 15-month high at $609 billion
India’s foreign exchange reserves have witnessed a remarkable upswing for the third consecutive week, reaching an impressive total of $609.02 billion as of July 14, according to data released by the central bank on Friday. The latest surge saw an increase of $12.74 billion from the previous week, marking the most significant gain in four […]
BY Insider Desk
India urged to embrace ‘China Plus One’ strategy for economic growth
The President of the World Bank, Ajay Banga, encouraged India to take advantage of the ‘China plus one’ approach adopted by global companies. As companies seek to diversify their supply chains by establishing factories outside of China, India has a unique opportunity to attract investment and boost its economic growth. The call comes after investment […]
BY Insider Desk
Sri Lanka to discuss energy and port projects with India
Sri Lanka is set to hold discussions on energy, power, and port projects with India during an upcoming visit by President Ranil Wickremesinghe to New Delhi. The move comes as India seeks to revive stalled initiatives with its crisis-stricken neighbor. Last year, India’s support was instrumental for Sri Lanka as it faced a severe financial […]
BY Insider Desk