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India’s armed forces projected to procure USD 2 bn worth of drones
Plus: Air India signs agreement with Riyadh Air
THIS AFTERNOON: USD 1 bn fund to subsidize ATF as airlines cut routes + Bond taxes scrapped to draw foreign capital
Plus: Incentives for nickel and lithium
IndiGo posts surprise loss of USD 270 mn in 4Q FY 2026
Shares of the airline have fallen nearly 13% this year
Foreign carriers take a record share of India’s international flights as Air India pulls back from long-haul
The Iran war and the ensuing fuel shock are jolting India’s international aviation model. Air India is pulling back from…
THIS AFTERNOON: India’s import shift drives explosive growth in Oman crude shipments
Good morning, friends. This is the week our corridor story stopped being five separate stories. Modi heads to Abu Dhabi…
THIS AFTERNOON: UAE-managed LPG tanker sails Hormuz
Good morning, friends. The corridor is having an uncomfortable moment since Prime Minister Narendra Modi's address yesterday. Modi asked Indians…
THIS AFTERNOON: India rolls out INR 255 bn credit support for war-hit businesses
Plus: War risks begin to surface in auto supply chains
THIS AFTERNOON: Indian Oil Corporation tanker navigates blocked strait
Plus: Indian airlines cut international flights amid war disruptions
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