Prøve GULL - Gratis

In Climate Of Conflicts, A Corridor Of Necessity

Hindustan Times Patna

|

June 20, 2025

The crisis in West Asia highlights the necessity of pursuing IMEC by imagining it as an evolving network facilitating trade and transport between India and Europe

- Jawed Ashraf

With the airspace closed over Iran and denied over Pakistan, the Air India flight from Frankfurt to Delhi last weekend flew southeast over Athens, crossed the Mediterranean to Cairo, turned east to fly across the Red Sea and the Arabian Peninsula to Oman and then over the sea to enter India in the Kutch region. Nearly 12,000 metres above sea level, it traced the path of the India-Middle East-Europe Economic Corridor (IMEC). I was returning from the inaugural edition of the Raisina Mediterranean Dialogue, where every session turned into a discussion on IMEC. The flight was evidence of both its existence and necessity.

Few positive ideas have energised the world in recent times as much as IMEC after it was unveiled in September 2023 in Delhi at the G20 Summit of the Indian presidency. There have been competing claims on its provenance, with western literature often describing it as a US-led initiative. However, it was initially conceived as a post-Covid project for a strategic India-Middle East corridor by India's national security advisor. It was later extended to Israel's Mediterranean port of Haifa and onwards to Europe to serve multiple Indian geopolitical and economic goals.

FLERE HISTORIER FRA Hindustan Times Patna

Hindustan Times Patna

Bira CEO Ankur Jain must quit, say investors, lenders

Some large institutional stakeholders in homegrown beer maker B9 Beverages, the owner of the Bira 91 brand, have started discussions on the removal of founder and chief executive officer (CEO) Ankur Jain citing his inability to run the financially troubled company, four people aware of the development said.

time to read

3 mins

October 15, 2025

Hindustan Times Patna

No brief given: Ashish on playing alleged Wankhede-like cop

Despite only a few minutes of his screentime, actor Ashish Kumar's role of a cop in The Ba***ds of Bollywood has created massive buzzespecially given the alleged likeness to former NCB officer Sameer Wankhede and the latter's subsequent defamation case against the makers.

time to read

1 min

October 15, 2025

Hindustan Times Patna

India nears duty-free access to EU markets

Indian exporters will soon get duty-free access to Europe's $25 trillion economy with three free trade agreements —two already clinched (with the EFTA bloc and the UK), and the one with the EU expected by December — people directly involved in the discussions said after India-EU trade talks achieved “significant convergence” in key areas last week.

time to read

3 mins

October 15, 2025

Hindustan Times Patna

Hindustan Times Patna

Some PF rules eased, others made stringent

The Union labour ministry's latest reforms to facilitate urgent cash withdrawals by employees from their provident-fund accounts have simultaneously imposed tighter procedures and longer wait times in certain cases, according to details ratified by a statutory body on Monday.

time to read

2 mins

October 15, 2025

Hindustan Times Patna

Morgan Stanley, MUFG start $1 bn Vena India sale process

Morgan Stanley and Mitsubishi UFJ Financial Group (MUFG) have begun the sale process for Global Infrastructure Partners (GIP)-owned Vena Global Group Pte Ltd’s Indian renewable energy platform, Vena Energy India, ina deal having an enterprise value of around $1 billion, according to two people familiar with the development.

time to read

1 min

October 15, 2025

Hindustan Times Patna

Hindustan Times Patna

WE HAVE TO GIVE PEOPLE SOMETHING WORTH STEPPING IN TO THEATRES: POOJA

Given the current unpredictable state of the box-office, actor Pooja Hegde feels the film industry needs to up its game

time to read

1 min

October 15, 2025

Hindustan Times Patna

WPI INFLATION FALLS TO 0.13% IN SEPTEMBER AS FOOD PRICES EASE

Wholesale inflation, as measured by the Wholesale Price Index (WPI), slowed to 0.13% in September, driven by deep deflation in food prices, according to data released by the ministry of commerce and industry on Tuesday.

time to read

1 mins

October 15, 2025

Hindustan Times Patna

Trump’s hour in West Asia

The tricky part lies in turning the Israel- Hamas ceasefire into a permanent peace

time to read

2 mins

October 15, 2025

Hindustan Times Patna

China says will ‘fight to the end’ in US trade war

China said on Tuesday it was ready to “fight to the end” in a trade war with the United States after President Donald Trump said he would slap additional 100% tariffs on goods from the country.

time to read

1 mins

October 15, 2025

Hindustan Times Patna

'Ed truly appreciates music and culture here'

Jonita Gandhi is the latest among popstar Ed Sheeran’s Indian collaborators, having lent her voice to his track Heaven.

time to read

1 min

October 15, 2025

Listen

Translate

Share

-
+

Change font size