UK Chancellor Rachel Reeves is pushing for a Gulf trade agreement to boost economic growth ahead of November’s budget. However, independent fiscal watchdogs question whether trade deals can realistically fill the projected £20-30bn fiscal gap.
Apple’s manufacturing partner Foxconn is dramatically scaling AirPods production in India, doubling monthly capacity to 200,000 units. This expansion represents Apple’s most aggressive move yet to diversify beyond China and capitalize on India’s growing manufacturing capabilities and US tariff advan
Major Trade Breakthrough Emerges Between Washington and New Delhi The United States and India are reportedly finalizing a landmark trade…
ST Telemedia’s Global Data Centre division has signed an MoU with the Maharashtra government to invest heavily in data center development. The expansion includes existing parks in Mumbai and Pune, plus a new 27-acre campus near Mumbai, enhancing India’s digital infrastructure.
Singapore-based ST Telemedia has reportedly committed to a substantial expansion of its data center operations in Maharashtra, India, according to recent announcements. Sources indicate the company’s Global Data Centre (STT GDC) India division will invest up to INR 5,000 crore ($570 million) to develop and enhance data center infrastructure across the state.
The United States and Britain are escalating efforts to limit Russia’s oil revenue streams amid ongoing conflict in Ukraine. Recent developments include diplomatic pressure on India and new sanctions targeting Russian and Chinese energy entities involved in petroleum trade.
Western powers have significantly increased pressure on key allies and trading partners to reduce their reliance on Russian oil exports, according to recent reports from diplomatic and industry sources. The coordinated effort comes as the conflict in Ukraine continues to impact global energy markets and international relations.
India’s landmark bankruptcy reforms face significant implementation challenges nearly a decade after their introduction. Reports indicate 78% of ongoing insolvency cases exceed the 270-day deadline while recovery rates remain modest at 32%. Judicial delays and infrastructure limitations continue to hamper the system’s effectiveness despite recent government proposals for reform.
India’s ambitious insolvency reforms, introduced in 2016 to transform what was once described as a “defaulter’s paradise,” are facing significant operational hurdles according to recent analyses. The system that promised to resolve bankruptcies within 270 days and dramatically improve recovery rates for creditors continues to struggle with delays and modest outcomes nearly a decade after implementation.
