By Shivangi Acharya and Manoj Kumar NEW DELHI (Reuters) – The cost of Indian exports has more than doubled due to the Yemeni Houthi militia’s attacks on ships in the Red Sea, industry officials said on Monday. Around 80% of India’s goods trade with Europe, estimated at nearly $14 billion a month, normally passes via …
Indian exporters face rising costs after Houthi Red Sea attacks Read More »
By Una Galani and Antoni Slodkowski DAVOS, Switzerland, Jan 15 (Reuters) – Another five years of a majority government in India could usher in a flood of foreign direct investment (FDI), Bajaj Finserv Chair and Managing Director Sanjiv Bajaj told Reuters at the World Economic Forum annual meeting on Monday. “Ten years of this growth …
India on cusp of FDI flood, Bajaj Finserv Chair says in Davos Read More »
By Felix Light TBILISI (Reuters) – The leader of Georgia’s ruling party began a six-day visit to China on Monday, as the European Union candidate member country seeks to deepen its relations with Beijing, Georgian media reported. Georgian media reported that Irakli Kobakhidze, the chairman of the governing Georgian Dream bloc, met the head of …
Georgia’s ruling party leader visits China in push for deeper ties Read More »
BENGALURU (Reuters) – India’s state-owned firm Khanij Bidesh India Ltd (KABIL) signed a 2 billion-rupee ($24 million) lithium exploration pact for five blocks in Argentina, the federal Ministry of Mines said on Monday. “The project will help India strengthen lithium supplies, while developing lithium mining and downstream sectors of both the countries,” mines minister Pralhad …
India’s state-owned KABIL signs $24 million lithium exploration deal in Argentina Read More »
(Adds acronym of rebel group that took control of Laukkai town in paragraph 6) (Reuters) -An ethnic armed group in the western Myanmar state of Rakhine said it has taken control of a town bordering India and Bangladesh, marking the latest loss for the military government as it battles rebellion in several parts of the …
Myanmar rebel group claims control of town bordering India, Bangladesh Read More »
BENGALURU (Reuters) – Indian stock brokerage firm Angel One on Monday reported a 14% rise in third-quarter profit, aided by a jump in orders and client additions. Consolidated profit was 2.60 billion rupees ($31.38 million) for the quarter ended Dec. 31, compared with 2.28 billion rupees a year earlier, according to an exchange filing. Total …
Indian stock broker Angel One posts 14% rise in Q3 profit as orders jump Read More »
MOSCOW (Reuters) – Russian President Vladimir Putin held a phone call on Monday with Indian Prime Minister Narendra Modi, discussing Ukraine and wishing each other well in upcoming elections, the Kremlin said. The two leaders “expressed interest in further intensifying mutually beneficial bilateral ties” and touched upon “the situation in Ukraine”, according to a statement …
Putin and India’s Modi discuss Ukraine, wish each other well in elections -Kremlin Read More »
GENEVA (Reuters) – China and Switzerland signed a joint declaration on Monday agreeing to deepen their partnership after Premier Li Qiang met the Swiss President, the Swiss government said. Li, the most senior Chinese official to visit Switzerland since President Xi Jinping’s visit in 2017, met President Viola Amherd alongside a high-ranking Chinese delegation ahead …
China, Switzerland sign declaration with view to expanding trade Read More »
By Josh Smith SEOUL (Reuters) -Russia will develop ties with North Korea in all areas building on agreements between their leaders in September, the Kremlin said on Monday, as their foreign ministers were set to meet in Moscow. North Korean Foreign Minister Choe Son Hui arrived on Sunday on a rare visit to Moscow for …
Russia says it will build ties with North Korea as foreign ministers set to meet Read More »
MANILA (Reuters) – Philippines President Ferdinand Marcos Jr on Monday congratulated Taiwan’s new president-elect Lai Ching-te on his election victory. “On behalf of the Filipino people, I congratulate President-elect Lai Ching-te on his election as Taiwan’s next president,” Marcos posted on social media platform X. “We look forward to close collaboration, strengthening mutual interests, fostering …
Philippines’ Marcos congratulates Lai for election as Taiwan president Read More »
