Page 693 - Reuters%20/t%20_blank

SpiceJet settles liabilities dispute on unpaid dues with lessor NAC

The airline, which currently operates five Bombardier Q400 aircraft from NAC in its fleet, said the agreement settles all past liabilities for the Q400s

The world's largest commercial jet purchase orders by number of aircraft

American Airlines in 2011 placed orders with Airbus and Boeing for a total of 460 airliners

Record plane orders by Air India, IndiGo raise stakes in aviation boom

With a total of almost 1,000 jet orders between them, IndiGo and Air India are betting an economic boom and growing middle class will spur demand for domestic air travel

Gambia tightens rules for Indian drugs after cough syrup deaths: Report

The new rule highlights how governments are reassessing their reliance on India's $42 billion pharmaceutical industry since the contamination came to light last year

Indian drugmaker denies toxicity in paracetamol syrup exported to Liberia

Nigeria's National Agency for Food and Drugs Administration and Control said that samples of the Indian-made paracetamol suspension, Para Clear, exported to Liberia contained toxin ethylene glycol

India approves wheat, broken rice exports requests from 4 countries

India has decided to approve wheat and broken rice exports to few selected countries following their requests to allow the shipments of the grains, the government said

KKR to buy up to $44 bln of PayPal's 'buy now-pay later' loans in Europe

Private equity firm KKR has agreed to purchase a substantial portion, or up to 40 billion euros ($43.71 billion), of payments company PayPal's buy now, pay later (BNPL) loans in Europe

India clears $2.7 bn Micron chip testing plant ahead of PM Modi's US visit

Micron's plant is set to be built in Modi's home state of Gujarat and the government will dole out production-linked incentives worth 110 billion rupees, said official

World's largest commercial jet purchase orders by number of aircraft

IndiGo on Monday placed an order for 500 Airbus narrowbody jets, the largest ever plane deal by number of aircraft, overtaking an earlier deal by rival Air India that was firmed up on Tuesday

India aims to expand its annual oil purchases from Iraq: Hardeep Puri

India aims to expand its annual oil purchases from Iraq from 1 bn barrels currently, Oil Minister Hardeep Puri said on Twitter after meeting his Iraqi counterpart Hayan Abdel-Ghani in New Delhi

Tweaking banks' key regulatory need may ease interbank cash mkt volatility

By Dharamraj Dhutia and Swati Bhat

Indian stocks inch towards record highs ahead of US Fed Chair's testimony

By Bharath Rajeswaran

India centre stage at Paris air show, as AI set to order 470 aircrafts

That deal, sketched in February, was at the time the largest ever announced by number of planes. But it was surpassed on day one of Paris show by rival IndiGo's order for 500 Airbus narrowbody jets

Stalled monsoon in India likely to gain momentum in 3-4 days: IMD officials

The monsoon, the lifeblood of India's $3 trillion economy, delivers nearly 70% of the rain needed to water its farms and recharge reservoirs and aquifers

Yuan dips after China cuts rates; Swedish crown at weakest since 2009

China lowered its one-year and five-year loan prime rates (LPR) by 10 basis points, the first such easing in 10 months as authorities seek to shore up a slowing economic recovery

Paris air show returns with jets and missiles in demand, says report

But they also face a challenge to meet that demand as suppliers struggle with rising costs, parts shortages and a scarcity of skilled labour in the wake of the pandemic

IMF working hard on global central bank digital currency platform

The IMF wants central banks to agree on a common regulatory framework for digital currencies that will allow global interoperability

Germany, Intel strike $33 bn chip plant deal; $11 bn subsidy on offer

The agreement includes what Intel said was increased government support including incentives, reflecting the expanded scope of the project since it was first announced in March 2022

Wheat rises in Paris as US drought may cut grain supply worldwide

Volumes were light as a US holiday deprived Euronext of the usual impetus from Chicago futures.

UN rights chief Volker Turk seeks to set up presence in China and India

Turk also said he would like to double his office's budget to step up global monitoring