Total Energies takes stake in Indian renewable specialist to back giant green hydrogen project June 14, 2022 French energy major TotalEnergies (Total) will buy a 25 per cent stake in ANIL to develop the world's biggest hydrogen ecosystem.
World Bank slashes global growth forecast after warning the world is teetering on the edge of ‘stagflation’ June 7, 2022 THE WORLD Bank yesterday slashed its forecast for global growth this year by more than 1 per cent due to increasing inflation and the economic after-effects of Russia’s invasion of Ukraine. The body had anticipated global growth of 4.1 per cent at its last update in January, but cut that in an announcement yesterday to [...]
Feature: Big Tech’s big bet on India June 1, 2022 Alphabet has given the Indian market another vote of confidence this week, reportedly pumping fresh capital into Mohalla Tech, the parent firm behind short-video platform Moj and regional social network ShareChat. Though the companies are yet to confirm the $300m funding round, which is expected to take Mohalla’s value to a whopping $5bn, the reports [...]
Boris Johnson’s disastrous India trip: Little progress on trade deal, partygate rows, Tory donor bulldozers and Modi stays close to Putin April 23, 2022 Boris Johnson today indicated at a press conference in India that he did not try to encourage the country’s prime minister, Narendra Modi, to go further in dropping India’s neutrality over the Russian President’s invasion of Ukraine. Also, Johnson’s two-day trip was dogged by questions over the deepening partygate scandal, with a Tory rebellion leading [...]
Boris Johnson urges post-Brexit negotiators in India to ‘get it done’ despite Modi’s looser ambitions for trade deal April 22, 2022 Prime Minister Boris Johnson has urged post-Brexit trade deal negotiators working with India to “get it done” this autumn, despite much looser ambitions on the side of his Indian counterpart Narendra Modi. After holding talks in New Delhi on Friday, Modi called for an “immediate ceasefire” in Ukraine but stopped short of criticising Russia’s actions [...]
UK will not offer Indians more visas in post-Brexit trade talks April 19, 2022 The government will not allow more Indians to come to the UK through new visa routes in any UK-India free trade deal. City A.M. understands the prospect of special Indian visas has not been discussed in the first two rounds of trade negotiations and that international trade secretary Anne-Marie Trevelyan has not put the issue [...]
India calling: Boris Johnson to tour Delhi and Ahmedabad as much-delayed post-Brexit trip is going ahead April 17, 2022 The Prime Minister will meet his Indian counterpart Narendra Modi in New Delhi this coming week, with the aim of deepening the security partnership between the two countries. Boris Johnson is set to embark on the much-delayed trip to India on Thursday, where he will focus on defence and trade. The visit to India’s capital [...]
Ukraine war is dramatically dialling up risk of global recession April 5, 2022 The war in Ukraine has dramatically dialled up the risk of a global recession, according to leading economist. The conflict has thrown a ‘massive monkey wrench’ into what was a gradually improving post-pandemic picture, Ira Kalish, chief global economist at Deloitte told delegates at the World Retail Congress in Rome. And it could have damaging, [...]
From price inflation and Brexit rows to Evergrande and Biden v Putin: Here are the market risks to watch this year January 4, 2022 The world is a pretty turbulent and unpredictable place at the moment, with Covid variants not making life easier. From tensions between Russia and the US over Ukraine’s NATO membership to Brexit conflicts and China’s Evergrande property scandal, 2022 is set to become everything but dull. So what developments and issues could disrupt or disturb [...]
India’s military chief dies in freak accident as army helicopter crashes in country’s far south December 8, 2021 India’s air force said that an Indian army helicopter carrying the country’s military chief has crashed in the southern Tamil Nadu state. Officials did not say whether chief of defence staff Bipin Rawat was injured in the accident. Public broadcaster Prasar Bharati said three injured people were taken to a hospital. Television images showed the [...]