SASIA

India surpasses China to become Russia’s top oil buyer in July

India surpasses China to become Russia’s top oil buyer in July

NEW DELHI, Aug 22 (Reuters) – India overtook China as the world’s biggest importer of Russian oil in July as Chinese refiners bought less because of lower profit margins from producing fuels, a comparison of import data showed. Russian crude made up a record 44% of India’s overall imports last month, rising to a record …

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Putin, Modi hold informal talks at Kremlin leader’s residence

Putin, Modi hold informal talks at Kremlin leader’s residence

MOSCOW, July 8 (Reuters) – Russian President Vladimir Putin welcomed Indian Prime Minister Narendra Modi late on Monday and toured him around his residence outside Moscow ahead of official talks in the Kremlin on Tuesday. Putin embraced the Indian leader at his home at Novo-Ogaryovo, greeted him as his “dear friend” and said he was …

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Disney, Reliance discuss India entertainment merger, sources say

Disney, Reliance discuss India entertainment merger, sources say

[1/2]A screen shows the logo and a ticker symbol for The Walt Disney Company on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 14, 2017. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights NEW DELHI, Dec 12 (Reuters) – Reliance Industries (RELI.NS) and Walt Disney (DIS.N) have held talks to merge …

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Tata Motors lobbies India not to lower EV import taxes as Tesla looms-sources

Tata Motors lobbies India not to lower EV import taxes as Tesla looms-sources

Tesla eyes India, market leader Tata wary-sources Tata pushing Indian officials to not lower EV taxes Tata worried about committed investment if taxes lowered NEW DELHI, Dec 7 (Reuters) – Tata Motors (TAMO.NS) is pressing Indian officials not to lower import taxes of 100% on electric vehicles and to protect domestic industry and its investors, …

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India’s Paytm to curtail low-value personal loans after cenbank clampdown

India’s Paytm to curtail low-value personal loans after cenbank clampdown

A smartphone with the Paytm logo is placed on a laptop in this illustration taken on July 14, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights BENGALURU, Dec 6 (Reuters) – India’s Paytm (PAYT.NS) will issue fewer sub-50,000-rupee (about $600) personal loans, the digital payments firm said on Wednesday, weeks after the central bank tightened rules …

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Chennai flooded as heavy rains from cyclone Michaung batter south India

Chennai flooded as heavy rains from cyclone Michaung batter south India

[1/2]Members of the National Disaster Response Force (NDRF) evacuate people from a water-logged residential area following heavy rains due to Cyclone Michaung, in Chennai, India, December 6, 2023. REUTERS/Stringer Acquire Licensing Rights CHENNAI/HYDERABAD, Dec 6 (Reuters) – Rescuers used boats to reach people stranded in their homes amid widespread flooding in the India’s Chennai on …

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Cyclone Michaung hits India’s south after 13 killed in floods, rain

Cyclone Michaung hits India’s south after 13 killed in floods, rain

BHUBANESWAR, India, Dec 5 (Reuters) – Cyclone Michaung barrelled into the southern Indian coast on Tuesday with intense winds, its arrival preceded by torrential rains and flooding that killed at least 13 people, as officials assessed the damage. Tall waves crashed into southern coastal towns over the last two days as the cyclone approached, submerging …

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Fossil fuel phase-out among options on COP28 table

Fossil fuel phase-out among options on COP28 table

Draft COP28 text includes fossil fuel phase out Text adds other options, include no phase out deal Fossil fuel CO2 emissions hit record high in 2023 DUBAI, Dec 5 (Reuters) – Countries at the COP28 climate conference are considering calling for a formal phase-out of fossil fuels as part of the U.N. summit’s final deal …

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