Amazon, facing ‘unfavorable’ regulatory environment, struggles to expand in India
Amazon is lagging its chief rival Flipkart in India on several key metrics and struggling to make inroads in smaller Indian cities and towns, according to a scathing report by investment firm Sanford C. Bernstein. The American e-commerce giant’s 2021 gross merchandise value in the…
China Facing Competition for Its Favorite Russian Oil From India
India has ramped up purchases of crude from Russia’s far east, a grade that’s typically favored by Chinese oil refiners. Four vessels hauling Russian ESPO oil are making their way to India, with two tankers heading for Paradip port on the east coast, where a…
Stay connected