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MUMBAI: Sandeep Ghosh has decided to swipe out of Visa after more than four years of steering the payments giant's operations across India and South Asia. Visa Inc. has announced that Sandeep Ghosh is stepping down from his role as group country manager for India and South Asia. The company confirmed that a successor has already been identified and will be announced shortly. Ghosh joined Visa in March 2022 and played a key role in expanding the company's digital payments footprint and strengthe ...Read More >
NEW DELHI: The conflict in the Middle East is pushing India, which imports 80 percent of its oil and gas, to accelerate its shift to renewables, but the country is also dependent on imports for the minerals and rare earth metals needed to power its green transition. India aims to install 500 gigawatts of green energy capacity including solar, wind and hydropower by 2030, alongside expanding battery storage and electric transport. The country's latest climate goals, announced last month, also ai ...Read More >
Digital solutions support import efficiency as the Kingdom advances trade diversification Riyadh, Kingdom of Saudi Arabia, Federal Express Corporation (FedEx), the world's largest express transportation company, has launched the FedEx Import Tool (FiT) in Saudi Arabia. The digital solution helps businesses of all sizes manage the growing import volume into the Kingdom more efficiently and with greater control. FiT, with its integration of advanced technology and user-focused design, is set to ...Read More >
More than 33GW of battery capacity approved for Turkish grid since 2022 compared with 12-13GW in Germany Turkey has given the green light to more batteries to buffer its electricity grid than any EU member state, a report has found, in a further sign of rich countries losing steam in the race to a clean economy. More than 33GW of battery capacity have been approved in Turkey since 2022, according to the climate thinktank Ember, while the total planned and operational capacity in European front ...Read More >
GCPL introduces 'Machar Hai, Mehman Nahi', a film urging Indian households to view mosquitoes not as harmless visitors but as health threats. The campaign highlights how neglected habits contribute to mosquito breeding, urging preventive measures and cultural change to combat diseases like Dengue and Malaria. Mosquito-borne diseases continue to be a significant public health challenge in India. Godrej Consumer Products Limited (GCPL) has undertaken a unique initiative titled 'Machar Hai, Mehman ...Read More >
Visa Inc. has seen a leadership transition in its India and South Asia business, with Sandeep Ghosh stepping down from his role as Group Country Manager. Ghosh, who led the company's operations across India and neighbouring South Asian markets, is exiting the organisation after more than four years. The company confirmed that a replacement has already been identified and will be announced shortly. A Visa spokesperson told ET, "After over four years with Visa, Sandeep Ghosh, Group Country Manag ...Read More >
New Delhi [India], April 8 (ANI): Industry experts have suggested that the Reserve Bank of India's Monetary Policy Committee (MPC) choosing to maintain the status quo on policy rates reflects a cautious approach to navigating global uncertainties and domestic growth targets. The Reserve Bank of India kept the policy repo rate unchanged at 5.25 per cent in the first monetary policy announcement of the financial year 2026-27, citing rising global uncertainties and geopolitical tensions. Sujan Ha ...Read More >
The Merck Foundation, the charitable arm of Merck KGaA, marked World Health Day 2026 by highlighting its efforts to transform healthcare systems across Africa, Asia and beyond through large-scale scholarship and capacity-building programmes. The foundation announced that it has provided more than 2,600 scholarships to healthcare professionals from 52 countries, covering 44 critical and underserved medical specialties. These scholarships aim to address the shortage of trained medical personnel a ...Read More >
Leasing activity remained firmly concentrated in Grade A assets, which accounted for 93% of total transactions, the report said. Meanwhile, Pune (3.1 mn sq ft), Chennai (1.5 mn sq ft), Ahmedabad (0.3 mn sq ft), and Kolkata (0.4 mn sq ft) also contributed to the overall leasing, the data showed. "Notably, transaction volumes in Mumbai and Hyderabad during the quarter exceeded 50% of their total leasing activity for 2025, underscoring the strength and concentration of demand. The quarter also sto ...Read More >
Jindal Steel pioneers the use of syngas in its steel production processes, offering a sustainable solution to natural gas shortages and promoting energy efficiency in the steel industry. IMAGE: Photograph: Wolfgang Rattay/ReutersKey PointsJindal Steel has successfully deployed syngas in galvanising and colour coating line furnaces to mitigate natural gas, LPG, and propane shortages.The company is the first in the steel industry to use syngas in these finishing processes, ensuring continuous ope ...Read More >
New Delhi: Among the top cities, Bengaluru led GCC leasing with a 48 per cent share, followed by Hyderabad at 19 per cent and Delhi-NCR at 14 per cent. "Across cities, we are seeing demand broaden both in terms of sectors and geographies," said Ram Chandnani, Managing Director, Leasing Services, India, CBRE. Global capability centres (GCCs) leasing in India reached a record 9.1 million square feet in the January-March period this year -- the highest quarterly GCC absorption on record, a report ...Read More >
Mumbai: A stable consumption environment and improving macro conditions helped Godrej Consumer Products sustain growth momentum in the March quarter, even as commodity volatility began to resurface. Godrej Consumer Products reported steady demand conditions in India during Q4 FY26, with consumer sentiment remaining stable across the FMCG sector. The normalization of trade channels following GST-related transitions and easing food inflation supported consumption. Against this backdrop, the stand ...Read More >
Indian LPG tankers in Hormuz: India got some relief on Monday as two more Indian-flagged LPG tankers safely crossed the conflict-hit Strait of Hormuz and continued their journey towards Indian ports. Officials said Green Sanvi is carrying 46,650 tonnes of cargo and is likely to reach an Indian port on April 7. Another ship, Green Asha, is carrying 15,500 tonnes and is expected to arrive on April 9. At a briefing, Mukesh Mangal, Additional Secretary in the Ministry of Ports, Shipping & Waterways ...Read More >
NEW DELHI: Oil prices have been on the boil since the war between the US, Israel and Iran broke out on 28 February. To ease supply concerns and prices of over $100 per barrel, the Organization of Petroleum Exporting Countries (OPEC) and its allies including Russia, together known as OPEC+, agreed to increase production in May. Mint looks at how the proposed rise in output might impact global prices. With the blockade of the Strait of Hormuz, about 20% of global energy supplies from Gulf countri ...Read More >
New Delhi: Two more Indian-flagged LPG tankers have safely crossed the war-hit Strait of Hormuz and are headed for Indian ports even as 16 other vessels remain stranded in the Persian Gulf, officials said Monday. LPG vessel Green Sanvi carrying 46,650 tonnes of LPG is scheduled to reach Indian port on April 7 while Green Asha with 15,500 tonnes of cargo is scheduled to touch Indian coast on April 9, said Mukesh Mangal, Additional Secretary in Ministry of Ports, Shipping & Waterways at a news br ...Read More >
New Delhi, Apr 6 (PTI) Two more Indian-flagged LPG tankers have safely crossed the war-hit Strait of Hormuz and are headed for Indian ports even as 16 other vessels remain stranded in the Persian Gulf, officials said Monday. LPG vessel Green Sanvi carrying 46,650 tonnes of LPG is scheduled to reach Indian port on April 7 while Green Asha with 15,500 tonnes of cargo is scheduled to touch Indian coast on April 9, said Mukesh Mangal, Additional Secretary in Ministry of Ports, Shipping & Waterways ...Read More >
A third vessel, Jag Vikram, is still in the west of the Strait of Hormuz, the data showed. The U.S.-Israeli war against Iran has all but halted shipping through the strait, but Iran says "non-hostile vessels" may transit the waterway if they coordinate with Iranian authorities. Green Asha and Green Sanvi have crossed the Gulf area and are in the eastern Strait of Hormuz, the data showed, taking the total number of Indian-flagged LPG carriers that have traversed the Strait to eight. India is g ...Read More >
New Delhi: The impact of the Middle East war in March hit India's services activity, dragging down to a 14-month low of 57.5, but demand remained resilient, led by new export orders across the country. Indicating a loss of momentum in the sector, the cost pressures, however, rose sharply with firms reporting the fastest increase in input prices in nearly four years, a private survey showed on Monday. As per the survey, the seasonally adjusted HSBC India services PMI business activity index fell ...Read More >
(RTTNews) - India's services activity expanded at the slowest pace in more than a year in March amid intensification in cost pressures, final data compiled by S&P Global showed on Monday. The seasonally adjusted HSBC India Services PMI dropped 57.5 in March from 58.1 in February. Nonetheless, a score above 50.0 indicates expansion. The flash score was 57.2. Total new orders grew at the slowest pace since early 2025, and output was constrained by the detrimental impact of the Middle East war on ...Read More >
Two-year-old Bain Brandon has type 1 diabetes and needs insulin to live. But even with health insurance, the price tag isn't cheap. A 1-month supply of insulin vials and a 3-month supply of backup pens for the Mississippi toddler cost his parents $194 last week, according to his mom, 29-year-old Marlee Brandon. They can afford it right now -- but she worries about the future. "One day, Bain will be an adult, and he won't be able to be on our insurance anymore," she said. "I feel like a lot of ...Read More >
New Delhi, Apr 6 (PTI) Jindal Steel on Monday said it has deployed syngas in galvanising and colour coating line furnaces to counter the shortage of natural gas, LPG and propane, enabling the company to sustain operations amid supply disruptions. Syngas, or synthesis gas, is a clean-burning fuel that offers a way to convert waste and biomass into valuable energy, acting as a circular energy source. The innovative switch to syngas -- produced through gasification of coal -- has allowed the comp ...Read More >
New Delhi, Apr 6 (PTI) India's services sector growth momentum rose at the softest pace in 14 months in March, mirroring the slowdown in new business intakes, a monthly survey said on Monday. The seasonally adjusted HSBC India Services PMI Business Activity Index fell from 58.1 in February to 57.5 in March, amid the weakest rises in new business and activity since January 2025. In the Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes co ...Read More >
New Delhi [India], April 6 (ANI): India's services sector growth moderated in March, with the HSBC India Services PMI falling to 57.5 from 58.1 in February, signalling the slowest expansion in 14 months, according to a report released on Monday. "Falling from 58.1 in February to 57.5 in March... indicated the weakest rate of expansion for 14 months," the report noted, while adding that the index remained above its long-run average of 54.4, highlighting continued overall growth. Also Read | Kar ...Read More >
New Delhi [India], April 6 (ANI): India's services sector growth moderated in March, with the HSBC India Services PMI falling to 57.5 from 58.1 in February, signalling the slowest expansion in 14 months, according to a report released on Monday. "Falling from 58.1 in February to 57.5 in March... indicated the weakest rate of expansion for 14 months," the report noted, while adding that the index remained above its long-run average of 54.4, highlighting continued overall growth. The report attr ...Read More >
ILLUSTRATIVE: A WORKER carries sacks of rice inside a warehouse at a wholesale market in Navi Mumbai, India, January 13, 2026. India is stepping up its presence in Africa with a two-track strategy that mixes food aid with long-term economic ambition. For more stories from The Media Line go to themedialine.org In recent weeks, New Delhi has shipped rice to Burkina Faso, Malawi, and Mozambique while policy thinkers in India are urging a stronger push into Africa's critical minerals sector, argu ...Read More >
New Delhi, April 5 (SocialNews.XYZ) India has emerged as an important supplier of food aid to shortage-hit African countries like Mozambique, Malawi and Burkina Faso as part of New Delhi's humanitarian outreach and commitment to the development of the Global South, the Ministry of External affairs said on Sunday. India has sent 1,000 metric tonnes of rice to drought-hit Malawi, another 1,000 metric tonnes to Burkina Faso, and 500 metric tonnes to flood-affected Mozambique, along with relief sup ...Read More >
NEW DELHI, Apr 4 : "International Diabetes Federation" (IDF) President-elect, Dr Niti Pall, currently on India visit, called on Union Minister Dr Jitendra Singh, who is also a noted Professor of Medicine & Diabetes, and discussed, among other things, indigenous biosimilar Insulin production as well as Diabetes related indigenous biomanufacturing prospects. The meeting underscored the importance of strengthening India's capabilities in insulin manufacturing, particularly biosimilar insulins and ...Read More >
New Delhi, April 4 (SocialNews.XYZ) Amid rising global supply concerns due to disruptions in the Strait of Hormuz, India has emerged as one of the countries maintaining steady maritime movement through the crucial route. Despite tensions triggered by the ongoing conflict involving the United States, Israel, and Iran, several Indian vessels have successfully navigated the narrow passage, which is vital for global oil and gas trade. Since February 28, at least eight Indian-linked ships have cros ...Read More >
New Delhi: An Indian LPG tanker carrying roughly half a day's cooking gas supply has successfully crossed the war-hit Strait of Hormuz, while another vessel from Iran has reached the port of Mangalore, signalling continued fuel inflows despite regional disruptions. "LPG vessel Green Sanvi has safely transited the Strait of Hormuz, carrying 46,650 tonnes of LPG cargo with 25 seafarers on board," a government statement giving an update on West Asia developments said Saturday. Also Read: West Asi ...Read More >
New Delhi, Apr 4 (PTI) An Indian LPG tanker carrying roughly half a day's cooking gas supply has successfully crossed the war-hit Strait of Hormuz, while another vessel from Iran has reached the port of Mangalore, signalling continued fuel inflows despite regional disruptions. "LPG vessel Green Sanvi has safely transited the Strait of Hormuz, carrying 46,650 tonnes of LPG cargo with 25 seafarers on board," a government statement giving an update on West Asia developments said Saturday. Green S ...Read More >
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