Air India Plane Crash
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India's Reliance Industries said on Thursday that it sold a stake worth 77.04 billion rupees ($900.8 million) in Asian Paints .
The Tata Group, which bought the airline three years ago, has been trying to improve operations at a time of great change in India’s aviation market.
At the recent India-Central Asia Dialogue, S Jaishankar underlined five key areas to strengthen linkages between the growing Indian economy and Central Asia. But how does India’s development-centric approach mark a departure from its earlier engagement with the region?
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According to Barclays, Singapore, Taiwan and China and Korea hold the most liquid net international assets in Asia, while India and Indonesia hold the least. India's international investment position implies that the rupee "may lag the rest of Asia," said Brad Bechtel, head of global FX at Jefferies.
Money & Macro on MSN1d
India vs China: The Battle for South Asia’s Economic FutureChina has spent decades expanding its influence in South Asia through the Belt & Road Initiative, pouring billions into countries like Sri Lanka, Bangladesh, and the Maldives. But now, India is fighting back stepping up its own lending to compete with China’s economic power.
A flight bound headed to London crashed Thursday shortly after takeoff from Ahmedabad airport with more than 240 people on board.
Delhi-born S Paul Kapur was nominated by the Trump administration for a diplomatic role in South and Central Asian affairs.
Shares of Asian Paints (India) Ltd. 500820 +0.09% inched up 0.43% to 2,218.05 Indian rupees Thursday, on what proved to be an all-around dismal trading session for the stock market, with the BSE SENSEX Index 1 +0.92% falling 1.00% to 81,691.98.
A passenger flight traveling from Ahmedabad, a city in western India, to London crashed shortly after takeoff.