Pakistan and Israel will define the relationship between the Modi government and the Middle East. While the region is concerned that India-Pakistan relations may become prickly in the Modi regime, it is also worried that the BJP government will give greater weightage to its ties with Israel.
After the latest spike in crude oil prices, petrol prices could potentially go up to around Rs 90 a litre making a dent in the consumer's wallet. This, the analysts fear, will push the cost of vehicle ownership in the country, further reducing the demand potential for the industry.
'The stage is set for increasing tensions in a highly volatile region as crucial as ever from a geopolitical standpoint,' predicts Claude Smadja.
The headline HSBC Services Business Activity Index was at a 17-month peak of 54.4 in June rising from a modest 50.2 in May, HSBC said adding that 'the Modi wave has struck the service sector'.
The recent issues dogging West Asia have become a major cause for concern due to the spike in the crude oil prices.
Noting that the country could 'well experience the effects of an oil-price shock,' Deloitte said that political instability in West Asia and a payment crisis with Iran are causes for concern.
A new report by aviation intelligence firm OAG and UBM Aviation, reveals a striking contrast of opportunities and challenges in two of the world's fastest-growing travel markets.
AIR India's turnaround plan, which has been reviewed by consulting firm Deloitte and accepted by the airline's board, says the company will start making operating profit from this financial year itself. Air India has been running under losses since 2007.
The airline will be inducting large number of A321s this year which will be largely used on international routes and high density domestic routes.
KazStroyServices is present in Kazakhstan, India, Turkmenistan and West Asia.
Conforming to the Sharia law, the airline 'strictly prohibits' alcohol in flights and all the food items provided will be 'halal'. Prayers from the Holy Quran will also be recited before the departure of each flight.
The firm has set its eyes on emerging categories such as juices and plans to develop a stronger total portfolio, participating across multiple categories.
Karbonn Mobiles, Intex, Lava, Micromax and Maxx Mobile are among the brands that have entered markets in Bangladesh, Nepal, Sri Lanka, West Asia and Africa.
Of the $1.4 trillion investment opportunities, almost $90 billion each is proposed in petrochemical projects and power generation, $88 billion in water desalination plants and $50 billion in natural gas-related projects.
Emphasising that terrorism is a serious challenge, Prime Minister Dr Manmohan Singh on Tuesday said it has to be fought on all fronts and not selectively.
The forecast comes as the region's carriers continue to surpass global air traffic and capacity growth rates.
Deutsche Bank says rising debtor days and low customer advances imply significant net working capital requirement.
The new branch -- the company's first operational base outside Dubai -- will eventually offer the full range of Empire Aviation Group services in the subcontinent and will have an initial focus on aircraft sales and management.
At an online book release event, former vice president Hamid Ansari lays to rest the controversies surrounding his tenure.
Food inflation is rampant the world over. In Tunisia -- and to some extent in Egypt -- it actually led to the toppling of the government following riots over high food prices. West Asia and North Africa too have seen similar -- and huge -- protests over the hardships people are faced with due to runway inflation.
Thomson Reuters Proprietary Research study pointed to a strong momentum for gold over the medium term, identifying strong global liquidity and low interest rates as support for a continued rally.
The board of directors met on Wednesday and approved Rahul Khosla as MD, effective August 18.
The Chinese government has dismissed chances of West Asia style revolution in the Communist nation, saying it has brought development to the masses, even as it has stepped up security to avert attempts by dissidents to stir up protests.
The forecast represents a 54 per cent fall compared to estimates put out by the trade body in March, and is 78 per cent lower than the $18-billion profit that the industry recorded in 2010.
L&T had also sought shareholders' approval to raise $600 million through a qualified institutional placement.
The latest Monster Employment Index, that offers a snapshot of online job demand in India, showed that hiring trends picked up in January.
Geopolitical climate and equity markets as supportive for gold's role as a risk hedge.
Coca-Cola India's volume growth in the second quarter slowed partly because of an increase in prices and also due to a mild summer.
The flights between Dubai and New Delhi will begin in September and those connecting Mumbai a month later.
Mass mobility in India is in a race when the light turns from yellow to green. Just that this moment has lasted three years. The renewed enthusiasm, however, indicates that the lights may finally be about to change, says Patanjali Pahwa.
The airline will fly the A320s between the Tier-II and Tier-III cities.
Bahrain has of late emerged as a regional hub for banking because of low tax rates and easy regulations. At present, 409 banks and financial institutions have operations there.
The Japanese triple tragedy earthquake, tsunami and the very dangerous situation in the nuclear power plants has also brought into sharp focus how the effectiveness of complex supply chains, which are at the heart of globalisation of output, is crippled if there is a crisis in a large manufacturing or high-technology economy.
Southampton confirmed that they had signed 23-year-old Walker-Peters, who spent the second half of last season on loan at the club. British media put the fee at 12 million pounds.
The second round of the Indo-United States strategic dialogue, co-chaired by External Affairs Minister S M Krishna and US Secretary of State Hillary Clinton, has been postponed in view of the Assembly elections in India and ongoing developments in West Asia and North Africa.
Noting that the country was on track to have the largest economy by 2050, US Assistant Secretary of State for South and Central Asia Robert Blake said, "India is a rising giant whose influence is being felt not only in the Indian Ocean, but in the Americas, in Africa, West Asia, and in Central Asia."
Referring to the impact of political turmoil in West Asia, he said the crisis would not hurt the economy unless the crude oil prices rise to 'abnormally' high levels.
Browbeaten by recession and anxiety about mounting protectionism in key markets have led Indian information technology (IT) companies to extend their reach in the countries of Africa, the West Asia and Asia Pacific.
Net income for the quarter stood at $1.14 billion or 71 cents per share, against $1.43 billion or 89 cents per share, a year ago.
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