India

India’s Modi Clinches Deal to Jointly Build Fighter Jet Engines with GE

General Electric Aerospace on Thursday signed a memorandum of understanding (MoU) with India’s Hindustan Aeronautics Limited (HAL) to manufacture fighter jet engines in India, putting ink on a major deal that was a much-anticipated feature of Indian Prime Minister Narendra Modi’s visit to the United States this week.

A French-made Rafale fighter jet performs aerobatic maneuvers during rehearsals ahead of the Aero India 2023 at Yelahanka air base in Bengaluru, India, Saturday, Feb. 11, 2023. Aviation companies from around the world are expected to participate in the five-day event that starts Feb. 13. (AP Photo/Aijaz Rahi)

China and India Received Record Amounts of Russian Crude in May

Data from two top ship tracking firms revealed that shipments of Russian crude oil to China and India, Russia’s top two buyers, rose by ten percent in May to hit record levels despite the Biden administration’s pleas to cut down on Moscow’s prodigious income stream by respecting sanctions and price caps.

The tanker Sun Arrows loads its cargo of liquefied natural gas from the Sakhalin-2 project in the port of Prigorodnoye, Russia, on Friday, Oct. 29, 2021. A new report says Russia sent significantly more oil and coal to India and China over the summer compared with the start of the …