The second wave of COVID-19 may have a more lasting damage on the Indian economy and exports will once again be the foundation for recovery, Moody's Analytics said on Monday. In its report titled 'APAC Economic Outlook: The Delta Roadblock', Moody's Analytics said social distancing is weighing on the current quarter, but economic recovery will resume by the year-end. The Delta variant of COVID-19 is among factors now adversely affecting economies of the Asia-Pacific (APAC) region, but the economic hit from the current round of movement restrictions in the region will not be as severe as the recessions in the second quarter of last year.
The offer of the F-35 Joint Strike Fighter to India is an example that US holds India's military modernisation in high regard, a top Pentagon official has said.
United States Defence Secretary Leon Panetta, who places much importance to America's relationship with India, is looking forward to his maiden visit to India in his capacity as head of the Pentagon, a senior US official has said.
The Hindu American Foundation has assailed President Barack Obama for deciding against visiting the Golden Temple in Amritsar during his visit to India but having not qualms about visiting one of the largest mosques in Southeast Asia when on the second leg of his four-state Asian itinerary he visits Indonesia.
Even months after India decided to forego the United States bid for the fighter aircraft deal worth $11 billion, the Pentagon apparently is still smarting over this rejection, arguing that it was an enormous disappointment and that New Delhi by its action had lost out on some of the state-of-the art technology.
The 2013 Boeing Pilot & Technician Outlook, a bellwether industry forecast of aviation personnel demand, calls for 192,300 new commercial airline pilots and 215,300 new technicians in the Asia Pacific region through 2032.
On the eve of his historic visit to Myanmar, Prime Minister David Cameron on Thursday indicated that Britain would respond to pro-democracy changes in the country by easing sanctions against it.
President George W Bush spoke to members of the Asia Society at the Mandarin Oriental Hotel in Washington on February 22, a day before he left for a trip to Southeast Asia.
Myanmar's reclusive and ailing dictator Than Shwe has resigned from his military post, paving the way for him to become the president after this year's general elections.Shwe, the despot who has brutally ruled Southeast Asia's poorest country as commander-in-chief of the armed forces since 1992, on Friday handed control of the army to his adjutant general. More than a dozen other senior military officers also resigned, in an ominous sign for the country's forthcoming election
The company is in talks with investors and the deal could be closed in a few weeks. At present, it operates in 37 cities in India.
GAGAN or the GPS Aided Geo Augmented Navigation to be launched by Civil Aviation Minister Praful Patel would not only help the civil aviation sector but also help in marine navigation, search and rescue operations, rail and road transport, survey and mapping as well as precision farming.
Hospitality firm OYO is planning to raise up to $1.2 billion (around Rs 8,000 crore) through an initial public offering and is expected to file the draft red herring prospectus with Sebi next week, sources told PTI on Thursday. OYO has appointed investment banks like JPMorgan, Citi and Kotak Mahindra Capital to manage its public issue, they added. Comments from OYO could not be obtained at the time of filing the story. The proposed initial public offer (IPO) plan of the hospitality firm follows the spectacular success of Zomato's IPO that ended with a bumper oversubscription on July 16, and was biggest since March 2020.
According to a report by Greenpeace and AirVisual, air pollution will cause around 7 million premature deaths globally next year.
Even as everyone heads out as couples this Valentine's Day, here are four destinations where you can get some me-time and who knows perhaps find love too!
India figured prominently in a leading Washington think-tank's recently simulated energy crisis, which brought together leading energy and regional experts from across the United States, to examine the likely response of various countries to a major terrorist attack on energy distribution and production facilities in the Middle East and Southeast Asia.
The Bangkok International Motor Show is the biggest annual auto show in Southeast Asia.
Unlikely to happen in less than a year,despite the advantage of the parent airline's base.
The Big Fat Indian wedding is being traded in for a smaller one in foreign countries, preferably in Southeast Asia -- we examine the growing trend.
India is a driving force of the Quad and an engine for regional growth, said the White House, days after foreign ministers of the countries, which are part of the grouping, met in Melbourne.
The US was 'extraordinarily' frustrated with the slow pace of opening up of Indian economy, despite the issue being raised at the highest level, a top Obama Administration has said.
India and Indonesia have a vested interest in ensuring that China's hegemony in the region does not go uncontested, says Harsh V Pant.
Bharti Airtel, nearly a third owned by Southeast Asia's top phone carrier SingTel, said it was helped by lower competition and an increase in voice call prices.
Foreign investment in India's start-ups has plummeted 72 per cent to $4.58 billion so far, from $16.2 billion during the same period last year.
In FY23, Indian operations accounted for 41.6 per cent of the consolidated revenue of India's top five multinationals, up from 34 per cent in FY18 and 33.2 per cent and 34.2 per cent in FY21.
At a time when there is a growing number of edtech companies laying off employees in a bid to conserve cash and focus on profitability amid a funding winter, Ronnie Screwvala-led upGrad is expanding its facilities and hiring talent. The company plans to hire over 1400 team members between November 2022 and March 2023 in India and at offices outside the country. upGrad has also signed new leases in the past few months for 335,000 sq ft of space across four cities -- Mumbai, Bengaluru, Pune and Noida.
The airlines' flights to Southeast Asia operated as per schedule. Air India also operated its Delhi-Frankfurt-Chicago, Mumbai-Frankfurt-Chicago, Mumbai-London, Delhi-London, Amritsar-London-Toronto and Ahmedabad-Frankfurt flights this morning.
Monster.com says their logged number of non-resident Indians seeking jobs back in India has grown 65 per cent in the past year.
The report quoted SingTel chief executive officer (CEO) Chua Sock Koong as saying that the talks were "at an extremely preliminary, exploratory stage". The company's CEO for international operations, Lim Chuan Poh, was quoted as saying that it was too early to determine if Bharti would make a bid for MTN or whether SingTel would provide financing for the deal. The executives were talking at the company's annual results event in Singapore.
Apple's ambitious strategy to expand iPhone exports, shift more production from China to India at a faster pace, and grow its domestic market hits a Trump-sized roadblock.
No-frill Gulf carrier Air Arabia on Monday special holiday fares from India to Egypt, Greece, Turkey and Jordan for the up coming holiday season to attract woo domestic travellers.
Boeing Company on Monday said the Indian civil aviation sector would require 856 new commercial jet airplanes worth over $72 billion over the next 20 years.
With an interesting twist on the concept of super heroes, and using strong high-tech, Megamind is expected not to lure millions of comic book fans but also those who love a adventure with interesting twists and a few moral lessons.
Coca-Cola pledged on Tuesday to conserve seven of the world's most critical river basins under a $20 million plan but skipped India, where it faces protests for allegedly depleting ground water.
Ducks, rice and human beings -- and not chickens are the "most significant factors" behind persistent outbreaks of bird flu, a new study has claimed. The study released by United Nations Food and Agriculture Organization (FAO) found ducks, rice and people not chickens to be the "most significant factors" in the spread of the bird flue in Thailand and Vietnam.
Regardless of where you want to go, you can make it the holiday you want it to be - without burning a hole in your pocket - by paying attention to the following simple tips.
The Biden administration had been under pressure to send the excess COVID-19 vaccines with the US to nations like India, which are facing severe vaccine shortages.
