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India Sends First Jet Fuel Cargo to the US West Coast

India Sends First Jet Fuel Cargo to the US West Coast

India has exported jet fuel to the United States West Coast for the first time, taking advantage of a temporary shortage created by refinery shutdowns in California. A tanker carrying about 60,000 tonnes of aviation turbine fuel left Reliance Industries’ Jamnagar...
India emerges as the reverse AI trade in emerging markets

India emerges as the reverse AI trade in emerging markets

Jefferies strategist Chris Wood has described India as the “reverse AI trade” this year after a period of significant underperformance against major emerging markets. In his latest Greed and Fear note, Wood observed that India has lagged the MSCI Emerging Markets...