Specialty chemicals firm LANXESS has signed an agreement with Hindustan Petroleum Corporation Limited (HPCL) to market aviation and industrial lubricants in India and across the SAARC region. The partnership is designed to expand availability of advanced lubricant solutions, leveraging HPCL’s distribution reach and LANXESS’s technical expertise to serve aviation and industrial customers.
India is in discussions with Nepal and other SAARC nations to explore ethanol exports, aiming to boost the rural economy and support farmers. The move also ties into higher ethanol blending targets that could translate into large foreign exchange savings. Meanwhile, the government is working with auto makers to introduce flex-fuel vehicles, with adoption hinging on consumer awareness and competitive pricing.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
India has approved a major ₹3,000-crore currency swap for the Maldives under the SAARC framework. The support is designed to help the island nation handle foreign exchange requirements and growing economic pressures. Officials say the move strengthens financial resilience and highlights the depth of India–Maldives partnership, with a focus on stabilizing liquidity when it matters most.
India has approved a Rs 30 billion currency swap for the Maldives, reinforcing New Delhi’s financial role in the region. The Maldives also completed settlement of an earlier $400 million swap, and the fresh facility is expected to bolster economic stability amid ongoing regional pressures, while deepening ties through continued financial cooperation.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
