India
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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Global week ahead: Why emergency G7 meetings are not working
G7 Foreign Ministers pose for a family picture during a meeting at the Vaux-de-Cernay Abbey in Cernay-la-Ville outside Paris, on March 27, 2026. (Photo by Alain JOCARD / AFP via Getty Images) Alain Jocard | Afp | Getty Images Another Monday, another emergency meeting. This time it’s between G7 finance ministers, energy ministers and central […]
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India takes a ‘huge hit’ on tax revenue to keep fuel prices from surging during the Iran war
People stand in a queue to refill fuel at a gas station in Guwahati, India, on March 26, 2026. David Talukdar | Anadolu | Getty Images The Indian government’s tax revenues have taken a “huge hit” after New Delhi slashed central excise duties on fuel for domestic consumption, Petroleum and Natural Gas Minister Hardeep Singh […]
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Foreign investors pull a record $12 billion from Indian stocks, sparked by Iran war
A ticker and a screen display stock prices at the Bombay Stock Exchange (BSE) building in Mumbai, India, on Thursday, July 31, 2025. Photographer: Dhiraj Singh/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Foreign investors are on track to pull a record $12 billion from Indian equities this March as the Iran war […]
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Inside India newsletter: Ikea has high hopes for the country as it stares at a global slowdown
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. This week, I dive into the world’s largest furniture retailer, Ikea, and its big plans in India even as it contends with […]
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Europe and India are too sensitive to oil prices, says UBS — buy these defensive markets instead
Monday’s relief rally in response to a delay to U.S. strikes on Iranian energy infrastructure offers an opportunity for investors to rotate into defensive assets, according to UBS analysts. UBS says it remains “positive” on equities overall but the bank has now issued a downgrade on European and Indian equities, both of which it now […]
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