News

Market news: U.S. and Indian investigators will meet in Washington, DC next week to discuss the Air India crash.

Government of India: India’s fuel sales in November increased by 3.0% year-on-year to 21.27 million metric tons.

Indian Government: India’s diesel sales in November increased by 4.7% year-on-year, and gasoline sales increased by 2.6% year-on-year.

Norwegian Foreign Minister: Gaza Stabilization Force and Peace Council must be in place this month.

Market news: U.S. unions block Allegiant Airlines' attempt to permanently hire foreign workers.

Market news: The Indian government is preparing to take action against IndiGo Airlines and may seek to remove the CEO of IndiGo Airlines.

Negotiations for a $1 billion deal for Advent Capital to acquire a stake in Whirlpool India have broken down due to disagreements over valuation, sources said.

Volkswagen CEO: Audi has great potential to build a factory in the United States, but it will require massive financial support from Washington, which is not currently available.

Volkswagen CEO: Volkswagen will invest a total of 160 billion euros in the next five years.

Ministry of Civil Aviation of India: IndiGo has directed IndiGo to ensure that all baggage separated from passengers due to flight cancellations is delivered to the passenger's address within two days.

Ukraine’s Ministry of Energy: Russia’s attack last night affected energy infrastructure in eight regions.

India’s Ministry of Civil Aviation: It has taken note of concerns that some airlines are charging unusually high ticket prices during the current operational disruption.

India's Ministry of Civil Aviation: It has used regulatory powers to ensure that air ticket prices on all affected routes are fair and reasonable.

Indian Finance Minister Sitharaman: Customs is my next focus area for rectification. Whether this becomes a big bang reform is for the media to judge.

UBS: It is expected that the Federal Reserve may purchase approximately US$40 billion in short-term Treasury bonds per month in early 2026.

U.S. President Trump: Signed a presidential memorandum instructing the Department of Health and Human Services to quickly advance a comprehensive review of other countries' vaccination plans. The CDC’s Vaccine Committee made a very wise decision to end its hepatitis B vaccination recommendations.

According to information released by the Russian legal portal on the 5th, Russian Prime Minister Mishustin signed a government resolution on the 3rd to terminate some military cooperation agreements between Russia and Canada, France and Portugal.

U.S. Securities and Exchange Commission (SEC) Commissioner Mark Ujeda: By agreeing to amend the Global Research Analyst Settlement Agreement, the SEC has taken an important step toward eliminating outdated and costly regulatory requirements and helping to increase the availability of equity research reporting.

The U.S. State Department approved the sale of medium tactical vehicles and related equipment to Lebanon at an estimated cost of $90.5 million.

U.S. consumer credit in October was US$9.18 billion, compared with US$10.5 billion expected and the previous value of US$13.093 billion.