Indonesia will exempt from legal and tax scrutiny purchases of bonds from sovereign wealth fund Danantara, a move the country’s finance minister said was designed to bring money back into the country ...
Bangladesh Targets Growth Revival With Record Budget Spending
Bangladesh’s new government unveiled its first budget on Thursday, outlining record spending to be financed through higher tax revenue and foreign borrowing, as the South Asian nation seeks to revive ...
More humiliation for Pakistan as IAF’s bid for maintenance of 36 Rafale exposes jet loss claim
The Request for Proposal (RFP) issued in June confirms that all 36 Rafale fighter jets acquired under India's 2016 deal with France remain in active service.
MSCI extends Indonesia review to November, flags downgrade risk
SINGAPORE, June 23 (Reuters) - MSCI said it would extend its review of Indonesia's emerging market status to November, including a possible downgrade to frontier classification, leaving the world's ...
El Nino 2026 Alert: Are these 315 districts in India at risk of ‘low rainfall’ this monsoon season?
The Indian government has identified 315 districts vulnerable to rainfall shortages amid El Niño concerns. Find out which states are at risk and why scientists are worried about the 2026 monsoon.
₹200 crore per engine: The price tag stalling a landmark India-US defence pact
The India-US GE F414 engine deal has hit a roadblock after steep price escalation pushed costs beyond ₹200 crore per engine. DRDO is now evaluating alternative engine options for the AMCA fighter ...
India panel proposes simulator-heavy pilot licence to ease crew shortage, document shows
By Abhijith Ganapavaram NEW DELHI, June 24 (Reuters) - An Indian government panel has proposed a new pilot licence option that would shift more training into simulators and cut the time cadets spend ...
Walmart’s Flipkart plans India quick commerce expansion ahead of IPO
By Dhwani Pandya MUMBAI, June 24 (Reuters) - Walmart's Flipkart is speeding up expansion of its "quick commerce" business in India, with plans to add 500 more neighbourhood warehouses across the ...
CNBC Daily Open: Tech rout, MSCI moves on Indonesia and South Korea in focus
Global sell-off in tech stocks continues to rattle markets which spilled over to precious metals amid worries of higher interest rates.
Indonesia wins time, not trust, as MSCI extends emerging-market review
Indonesia has retained its emerging-market status for now after MSCI extended its review until November, but concerns over transparency, market accessibility and investor confidence continue to cast a ...