India-China direct flight: Kolkata-Guangzhou route takes off Sunday; IndiGo daily services begin

Direct flights between Kolkata and Guangzhou will resume on Sunday after a five-year hiatus, with IndiGo operating daily non-stop services. China Eastern Airlines will also restart flights between Shanghai and Delhi from November 9. These developments follow recent diplomatic efforts aimed at normalizing relations and strengthening trade between India and China.

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ICICI Securities has ‘good news’ for India’s two biggest telecom companies, Reliance Jio and Airtel

Indian telecom giants Airtel and Reliance Jio are set to nearly double their returns on capital by 2028 as network spending falls below depreciation. This shift unlocks robust cash flows after years of heavy investment, enabling debt reduction and dividend payouts. Both companies are also expanding into high-growth areas like fixed broadband and enterprise digital…

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US-China trade tensions: Scott Bessent says ‘substantial framework’ reached; 100% tariffs, rare earth export clash averted

US Treasury Secretary Scott Bessent announced a substantial framework to prevent 100% tariffs on Chinese goods and defer rare earths export controls. High-level talks in Kuala Lumpur preceded this development, aiming for more balanced trade, agricultural purchases, and fentanyl crisis measures. The framework is expected to be finalized by Presidents Trump and Xi.

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