India
India makes first Iranian oil purchase in seven years with no payment problems
People stand in a queue to refill fuel at a gas station in Guwahati, India, on March 26, 2026. David Talukdar | Anadolu | Getty Images Indian refiners have purchased Iranian oil amid the Middle East conflict that has disrupted supplies through the Strait of Hormuz, the oil ministry said on Saturday. The world’s third-biggest […]
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Asian travelers seek respite in other options as Middle East travel plans stay grounded
Passenger planes sit on the tarmac at Dubai International Airport in Dubai on March 11, 2026. Drones fell near Dubai airport, injuring four people, while ships were hit in or near the Strait of Hormuz on March 11 as Iran kept up its campaign disrupting oil markets and air and maritime traffic. AFP | Getty […]
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Macquarie: India could emerge as an ‘AI powerhouse’ and names top stocks to watch
Despite being a global software powerhouse, India has been perceived as a laggard in the artificial intelligence space, with no current domestic chip industry or full-scale foundational AI model . But that narrative is set to change, according to Macquarie. The narrative of India as an AI bystander could shift to it being an “AI […]
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Inside India newsletter: The worst might not be over for Indian equities
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest growing large economy. Indian markets have been rattled by the Iran war, with foreign investors fleeing and valuations slipping to rare lows. But fund managers […]
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IndiGo shares jump 8% after India’s largest airline names industry veteran William Walsh as CEO
Indigo is one of a handful of airlines that are rerouting and canceling flights to avoid Pakistan’s airspace. Nicolas Economo |NurPhoto | Getty Images Shares of InterGlobe Aviation, which runs India’s largest airline IndiGo, rose more than 8% Wednesday, a day after it named industry veteran William Walsh as its new chief executive. Walsh, 64, […]
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Indian mobile giant Airtel raises $1 billion for data centers from Carlyle, other PE firms
A Bharti Airtel office building pictured in Gurugram, on the outskirts of New Delhi. Pacific Press | Lightrocket | Getty Images India’s telecom giant Bharti Airtel has raised $1 billion for its data center arm — Nxtra Data — from private equity firms Alpha Wave, Carlyle and Anchorage Capital, underscoring a growing global interest in […]
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CNBC’s The China Connection newsletter: China’s AI race enters a new phase
A robot band from LinkerBot performs at a robot 6S store on Jan. 29, 2026 in Shenzhen, Guangdong Province of China. Vcg | Visual China Group | Getty Images Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a succinct snapshot of what I’m seeing […]
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Budget airlines built on cheap fares now face a painful reality: Fuel is getting expensive
Budget airlines in Asia risk losing their price advantage as fuel prices rise and Middle East tensions disrupt key routes, forcing carriers to raise fares and cut expenses. Low-cost carriers rely on high passenger volumes and low fares, leaving them with thinner margins and less room to absorb fuel price swings and route disruptions than […]
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India flags slower growth, wider deficit as Iran war raises the stakes for New Delhi
People queue to refuel their vehicles at a gas station in Hyderabad, Telangana, India, on March 24, 2026, following import disruptions related to the war in the Middle East. Nurphoto | Nurphoto | Getty Images India has warned that its growth forecast of 7.0%–7.4% for the financial year ending March 2027 faces “considerable downside” risk […]
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WTO talks near deal on reform roadmap amid U.S.-India e-commerce deadlock: Reuters
The Ocean Network Express (ONE) container vessel ONE OWL, originally from Japan, floats under the Talmadge Memorial Bridge on the Savannah River while arriving at the Port of Savannah on February 12, 2026 in Savannah, Georgia. Al Drago | Getty Images News | Getty Images Trade ministers are close to agreeing a reform plan for […]
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