India, US look at non-tariff measures

India, US look at non-tariff measures

NEW DELHI: India and the US have discussed issues going beyond trade in goods to include non-tariff measures, customs and trade facilitation and economic security alignment, among other issues, an official statement said Thursday.A team from USTR office was in India since Monday to advance negotiations on the trade agreement, which has been in the…

Read More
Indigo Flight Suspension: Middle East crisis: IndiGo suspends flights to six overseas destinations till September amid weak demand, cost pressures

Indigo Flight Suspension: Middle East crisis: IndiGo suspends flights to six overseas destinations till September amid weak demand, cost pressures

India’s largest airline IndiGo on Thursday announced the temporary suspension of flights to six international destinations, including Hong Kong, Shanghai and Thailand’s Krabi, as it moves to optimise its network amid softer travel demand and rising operating costs.The budget carrier said services to Langkawi, Krabi, Ho Chi Minh City, Hong Kong and Shanghai will be…

Read More
India Ipo Market: India IPO gold rush becomes foreign firms’ cash-out machine

India Ipo Market: India IPO gold rush becomes foreign firms’ cash-out machine

Foreign companies are increasingly using India’s booming initial public offering (IPO) market to cash out investments and send billions of dollars back to their home countries rather than raise fresh capital for expansion, according to a Reuters analysis.As per the report, only one of the six foreign-based companies that listed their Indian subsidiaries in Mumbai…

Read More
India Venezuela Energy Cooperation: ‘Perfect complementarity’: India, Venezuela deepen energy ties amid crude diversification push

India Venezuela Energy Cooperation: ‘Perfect complementarity’: India, Venezuela deepen energy ties amid crude diversification push

India and Venezuela are looking to expand cooperation, particularly in the energy sector, as New Delhi moves to diversify crude oil imports amid supply disruptions linked to the West Asia crisis.Addressing a special media briefing after Prime Minister Narendra Modi’s talks with Venezuelan acting President Delcy Rodriguez, MEA secretary (East) Rudrendra Tandon said discussions focused…

Read More
For first time, Russia admits oil production has declined amid Ukraine's attacks on refineries

For first time, Russia admits oil production has declined amid Ukraine’s attacks on refineries

Russia, for the first time, has publicly acknowledged a dip in its oil production this year, even as it assured that the country was continuously stepping up its “export infrastructure to its maximum capacity.”Speaking to reporters at the St Petersburg International Economic Forum on Thursday, deputy Prime Minister Alexander Novak said that current output was…

Read More