India is proposing to drop a condition that the winning bidder for Air India Ltd. will have to take on $3.3 billion of aircraft debt, people with knowledge of the matter said, as the government ... ( read original story ...)
20 CPSEs, their units in pipeline for strategic sale: MoS Finance
MoS Finance Anurag Singh Thakur said the govt has 'in principle' approved strategic disinvestment in 34 cases since 2016, out of which strategic disinvestment in 8 cases has been completed, 6 CPSEs ... ( read original story ...)
India’s Modi faces turbulent session as Parliament reopens
The 18-day session comes as coronavirus infections in India surge faster than anywhere else in the world. The more than 92,000 new cases added Monday raised India's totals past 4.8 million. Prime Mini ... ( read original story ...)
FDI inflow from China declines to $163.77 million in FY20: MoS Finance
There has been decline in foreign direct inflow from China in the last three years with FDI coming down to $163.77 million in 2019-20, Minister of State for Finance Anurag Singh Thakur informed Lok Sa ... ( read original story ...)
China’s Economy Is Recovering Though Unevenly: Forbes China Forum
China’s economic recovery from the COVID-19 shock in early 2020 is continuing in the second half of the year, albeit unevenly, a senior economist told the recent U.S.-China Business Forum organized by ... ( read original story ...)
Cases Top 29 Million; Iran Deaths Near Month High: Virus Update
Global coronavirus cases surpassed 29 million as India, the epicenter of the pandemic, reported more than 90,000 for a fifth straight day. Countries ranging from Iran to Czech Republic are reporting a ... ( read original story ...)
Turkey: Survey ship at heart of Med row at port for resupply
Turkey’s top diplomat says a research ship at the center of a diplomatic row with Greece has pulled back to shore to resupply but its survey of hydrocarbon resources in the eastern Mediterranean will ... ( read original story ...)
Sanctions against Turkey over Mediterranean gas drilling wouldn’t achieve much, former EU ambassador says
Turkey, Greece and Cyprus have been at odds over the former's exploration of energy resources in parts of Eastern Mediterranean waters that both Athens and Nicosia claim are part of their own ... ( read original story ...)
In Turkey, Weak Lira Powers Fresh Gold Rush
Turks are piling into gold, long their favorite investment, as the country’s financial system unravels. The average daily volume of gold sold at the Grand Bazaar in Istanbul shot up to 4,500 pounds ... ( read original story ...)
Turkey Does Not Expect EU Sanctions Over East Med Dispute
Foreign Minister Mevlut Cavusoglu said on Monday that Turkey does not expect the European Union to impose sanctions on it over a dispute with Greece over territorial claims in the eastern ... ( read original story ...)