Tata Steel and the UK government have announced a joint agreement on a proposal to invest in Electric Arc Furnace steelmaking at the Port Talbot site with a capital cost of £1.25 billion inclusive of a grant from the UK Government of up to £500 million.

Singapore Airlines launching non-stop services to Brussels in April 2024

The addition of Brussels increases the number of European destinations in the SIA network to 13, reflecting its commitment to enhance its connectivity to this key region for the airline.

Ravi Menon retiring from Monetary Authority of Singapore after 29 years; Chia Der Jiun to take over as MD

A media release said that as MD, Ravi Menon was the driving force behind MAS’ initiatives to make Singapore’s financial sector more resilient, innovative, and purposeful.

Jet Airways founder Naresh Goyal arrested by Enforcement Directorate in INR 5,380 million bank fraud case

Goyal, 74, was taken into custody by ED in a money laundering case linked to an alleged fraud at Canara Bank, official sources said. He was arrested under the Prevention of Money Laundering Act.

India-UK trade: New campaign given ‘Alive with Opportunity’ motto for doubling trade by 2030

A new campaign with the motto ‘Alive with Opportunity’ has been launched by Kemi Badenoch, Business and Trade Secretary, UK, with the aim of doubling trade with India by 2030.

Singapore’s BOC Aviation signs deal with India’s budget carrier IndiGo for finance lease of 10 Airbus aircraft

The Singapore-headquartered BOC Aviation Limited and India’s largest budget airline IndiGo have entered into a finance lease transaction involving 10 Airbus A320NEO aircraft.

Donald Trump vows “retribution” tariff on Indian products sold in the US, if voted to power in 2024

Donald Trump wants to slap high taxes on Indian products marketed in America as a tit-for-tat measure against the taxes imposed by India on American and other foreign-made products in its own market.

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