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By T N Ashok NEW YORK: Donald Trump retains the presidency and executive authority, but a Democratic-controlled House and Senate could fundamentally change the political calculations governing trade, tariffs, immigration and America’s strategic engagement with India. For New Delhi, the opportunity is real, but so are the risks. The political landscape in Washington has changed […]

The article How A Newly Elected Democratic Congress Could Reshape US–India Relations? appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Naidu, whose Telugu Desam Party is central to the governing alliance in New Delhi, said economic progress was visible but had not translated sufficiently into opportunities matching the ambitions of a younger generation. His comments brought the question of employment and living standards into focus as policymakers emphasise the country’s robust growth figures.

The chief minister’s intervention is politically significant because Modi relies on coalition partners to sustain his parliamentary majority. Naidu has remained a prominent supporter of the prime minister while pursuing investment, infrastructure and job creation in Andhra Pradesh, where economic development is a major priority for his administration.

His assessment distinguishes between the overall pace of expansion and the benefits experienced by individuals entering the labour market. Rising output does not automatically produce enough secure, well-paid positions for graduates and other jobseekers, particularly when investment is concentrated in sectors that employ relatively few workers.

Naidu nevertheless maintained that Modi was best placed to lead the country through its economic and political challenges. That combination of support and concern underscores the pressures facing the ruling alliance: sustaining confidence in its leadership while responding to demands for tangible improvements in household prospects.

The warning comes as the economic outlook remains strong. Moody’s Ratings this week raised its forecast for growth in the financial year ending March 2027 to 7%, from 6.5%, citing resilient domestic demand, investment and the economy’s ability to withstand disruptions to energy supplies.

The ratings agency also identified inflation, an uneven monsoon and tighter monetary conditions as risks. Those pressures matter to households because higher living costs can erode the gains from rising incomes, even when aggregate economic indicators continue to improve.

Official figures showed gross domestic product expanding 7.8% from a year earlier in the April-June quarter. Manufacturing, investment and consumer spending supported activity, but the headline measure does not establish how evenly the benefits are distributed among workers, regions and age groups.

Employment prospects have become particularly sensitive for educated young people. Competition for government posts, the cost of qualifications and uncertainty surrounding recruitment examinations have contributed to public frustration. The challenge extends beyond the number of jobs available to their quality, stability and suitability for applicants’ skills.

Modi’s government has sought to address those concerns through programmes promoting manufacturing, entrepreneurship, skills development and investment. The prime minister has repeatedly presented young people as central to his ambition of transforming India into a developed economy by 2047.

During his Independence Day address in August, Modi outlined measures involving technology, innovation and expanded economic opportunities. He pointed to the growth of the startup ecosystem and a research fund intended to encourage innovation, while urging young people to participate in the country’s development.

The government’s emphasis on technology also raises questions about the changing nature of work. Artificial intelligence offers potential gains in productivity and new business activity, but it may also alter recruitment in services and other industries that have traditionally offered entry-level employment to graduates.

For Andhra Pradesh, the debate has direct implications. Naidu’s administration has placed emphasis on attracting private investment and developing infrastructure, seeking to create employment while strengthening the state’s economic base. Translating announced projects into operating businesses and sustained hiring remains an important test of that strategy.

The Telugu Desam Party’s position within the national coalition gives Naidu a platform to raise such concerns without breaking with the government’s broader economic agenda. His remarks do not amount to a rejection of the growth strategy, but they place greater weight on whether its results can be felt by younger citizens.

India’s policymakers must also contend with differences between labour markets. Large cities can attract investment and skilled workers, while smaller towns and rural districts often offer fewer formal employment options. Such disparities complicate efforts to ensure that national growth produces broadly shared opportunities.

The central government has promoted training and enterprise initiatives alongside infrastructure spending, arguing that these measures can expand the range of work available. Their effects depend partly on private employers’ willingness to invest and recruit, and on whether training matches the skills businesses require.

Trusted Partner for Cross-Border Trade Enterprises Empowering SMEs to Stay One Step Ahead in Global Expansion

HONG KONG SAR – Media OutReach Newswire – 12 November 2026 – Ping An Digital Bank (International) Limited (“Ping An Digital Bank” / “PingAnDB”), a trusted partner for trade enterprises and cross-border e-commerce merchants, is committed to becoming the preferred bank for trade SMEs. By leveraging alternative data and financial technology to optimise credit assessment and loan workflows, Ping An Digital Bank empowers SMEs to take a critical step toward global expansion. Building upon the recent launch of its Purchase Order Financing product, tailored for cross-border e-commerce, Ping An Digital Bank is expanding the product’s application scenarios beyond traditional goods trade into service trade financing. Requiring no physical collateral, eligible enterprises can secure financing simply by presenting valid invoices, directly addresses the need for fast-moving, high-frequency working capital in today’s digital economy.

Mr. Thomas Tung, Chief Business Officer of Ping An Digital Bank, said, “Demand for service trade has grown exponentially in recent years. As more enterprises scale globally, we see surging market demand across logistics service, advertising campaigns, and AI solutions, making service trade financing a new strategic focus for Ping An Digital Bank. Serving as a dedicated partner to trade enterprises and cross-border e-commerce merchants, PingAnDB has consistently applied financial technology to empower SMEs. By deepening our Purchase Order Financing product, we have established a dual-track model of ‘Goods Trade + Service Trade’ that supports the working capital needs of diverse trade formats. This creates a more robust cross-border trade financing ecosystem. Combining our proprietary technology with deep industry expertise, we stand ready to lead cross-border trading SMEs onto the international stage.”

Designed to address the surging demand for service trade driven by the booming digital economy, Ping An Digital Bank’s “Purchase Order Financing – Service Trade Solution” is specifically designed for service providers to obtain working capital quickly and capture dynamic market opportunities. Applicants can secure financing simply by providing eligible invoices and proof of service delivery. Financing of up to USD 5 million is available per buyer, with flexible repayment terms of up to 90 days, and disbursements as fast as the same business day.

Looking ahead, Ping An Digital Bank will continue to uphold its mission, “Always with You. Always Ahead.” PingAnDB will continue to harness fintech capabilities to empower SMEs, enhance the trade financing experience through data intelligence, and roll out innovative solutions to dismantle traditional borrowing barriers. By providing powerful financial backing at every key point across the trade lifecycle – serving as a solid pillar for trade enterprises and cross-border e-commerce merchants alike – Ping An Digital Bank remains dedicated to leading SMEs onto the international stage.

Hashtag: #PingAnDB #PurchaseOrderFinancing #ServiceTradeFinancing

The issuer is solely responsible for the content of this announcement.

Ping An Digital Bank

Ping An Digital Bank (International) Limited (“Ping An Digital Bank,” “PingAnDB”) is a wholly-owned subsidiary of Lufax Holding Ltd (“Lufax”) (SEHK: 6623; NYSE: LU) and a member of Ping An Insurance (Group) Company of China, Ltd. (“Ping An”) (SEHK: 2318; SSE: 601318). Ping An Digital Bank was granted a banking licence by the Hong Kong Monetary Authority in May 2019 to offer retail banking and business banking services. Backed by Ping An’s advanced technology, Ping An Digital Bank is elevating banking experience, serving customers in Hong Kong and the Greater Bay Area, establishing itself as Ping An Group’s integrated financial platform in Hong Kong.

Renewal provides long-term certainty for ATI to advance investment in port modernisation, innovation and sustainable infrastructure

MANILA, PHILIPPINES – Media OutReach Newswire – 12 November 2026 – Asian Terminals, Inc. (ATI), DP World’s strategic partner in the Philippines, has secured a 25-year renewal of its concession to operate and develop Manila South Harbour, reinforcing its long-term commitment to supporting Philippine trade and economic growth.

The renewed concession agreement, signed with the Philippine Ports Authority (PPA), will run from May 2038 up to May 2063, providing long-term certainty for the continued development and modernisation of one of the Philippines’ key international trade gateways.

The agreement marks a significant milestone as ATI celebrates its 40th anniversary this year, reflecting four decades of investment in port infrastructure, operational capability and trade connectivity.

Essa Kazim, Executive Chairman, DP World, said:

“The Philippines has significant long-term growth potential and an important role to play in regional and global trade. Realising that potential requires sustained investment in world-class infrastructure that strengthens competitiveness and connects businesses to international markets. This concession renewal provides the certainty needed to plan and invest for decades ahead. It reflects DP World’s belief in the Philippines’ economic future and our commitment to building enduring partnerships that enable trade and support sustainable growth.”

Jason Varsamidis, CEO and Managing Director of DP World Asia Pacific, said:

“The renewal of the Manila South Harbour concession is a strong endorsement of ATI’s track record and the long-term partnership it has built with the Philippine Port Authority. Over four decades, ATI has played an important role in developing the infrastructure that supports Philippine trade, and this agreement provides the foundation to build on that legacy. As ATI’s partner, our focus is now on the next phase of ATI’s development, including investment in capacity, technology and more sustainable operations to ensure Manila South Harbour remains competitive, efficient and responsive to the evolving needs of customers.”

Central to this commitment is future-proofing Manila South Harbour to respond proactively to changing trade patterns, increasing cargo volumes, and the evolving needs of shipping lines, importers, exporters, and the broader logistics community.

This includes capacity expansion, the deployment of greener and more energy-efficient cargo-handling equipment, increased automation, and the adoption of advanced digital technologies to deliver safer, smarter, and more sustainable end-to-end ports and logistics solutions to customers.

Over the past 40 years, ATI has invested more than Php42 billion in developing and modernizing its Philippine port facilities, contributing to the movement of approximately 30 million twenty-foot equivalent units (TEUs) of containers, 57 million metric tons of non-containerized cargo, and 70 million passengers across its operations.
Hashtag: #DPWORLD

https://www.dpworld.com
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About Asian Terminals, Inc.

Asian Terminals, Inc. (ATI) is a leading Philippine ports and logistics operator, developer and investor, enabling trade and supporting economic growth through its strategic network of modern trade gateways in Manila, Batangas, Cavite, Laguna and South Cotabato.

Built on four decades of industry experience and powered by a 2,000-strong workforce, ATI combines proven cargo-handling expertise with the global capabilities and world-class standards of DP World, its strategic foreign equity partner, to deliver safe, reliable and efficient services for Philippine industries. Through sustained investment, innovation and responsible business practices, ATI continues to build future-ready port infrastructure that connects industries and communities, grows economies and changes what’s possible for Philippine trade.

DP World

DP World is reshaping the future of global trade to improve lives everywhere. Operating across six continents with a team of over 125,000 employees, we combine global infrastructure and local expertise to deliver seamless supply chain solutions. From Ports and Terminals to Marine Services, Logistics and Technology, we leverage innovation to create better ways to trade, minimizing disruptions from the factory floor to the customer’s door.

In Asia Pacific, DP World employs over 12,000 people across 22 geographies. We operate 16 ports and terminals, complemented by a comprehensive suite of end-to-end supply chain solutions – to connect the region to the rest of the world.

WE MAKE TRADE FLOW

By K Raveendran The Democratic sweep of the US Congress has dramatically altered the global investment landscape, triggering a sharp repricing of oil, technology stocks and financial assets as investors reassess the prospects for an end to the Middle East conflict. Brent crude has suffered a weekly decline of 16 per cent, falling below $100 […]

The article Oil Markets May Have Turned Democratic Temporarily, But Supply Risks Persist appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

The proposal has gained fresh attention following an assessment published on Tuesday by Climate Policy Initiative, which identifies opportunities to upgrade older installations across major wind-producing states. The research ranks Maharashtra, Gujarat and Tamil Nadu as the strongest candidates for early repowering efforts, although commercial and regulatory obstacles remain.

Repowering involves removing smaller turbines and installing modern equipment with taller towers, wider rotor diameters and greater generating capacity. The approach can increase electricity production at established locations, where wind resources, access roads and connections to the electricity network may already be available.

The National Institute of Wind Energy estimates that turbines rated below two megawatts represent approximately 25.4 gigawatts of potential repowering capacity across eight states. That figure describes existing capacity eligible for assessment, rather than additional electricity generation already secured or projects approved for replacement.

Climate Policy Initiative said Maharashtra ranked highest in its readiness assessment, followed by Gujarat and Tamil Nadu. Andhra Pradesh, Rajasthan and Karnataka occupied subsequent positions, while Madhya Pradesh ranked lowest among the states evaluated. Its methodology considered wind resources at 150 metres, the scale of existing repowering opportunities, terrain suitability and the financial health of electricity distribution companies.

The assessment comes as the government seeks to expand wind capacity substantially. Installed wind capacity reached approximately 58 gigawatts by July 2026, according to figures cited by the researchers, while planning projections envisage around 155 gigawatts by 2035. Achieving that expansion will require new projects alongside more productive use of existing sites.

Land availability has become an important constraint, particularly where promising wind locations overlap with agricultural activity, settlements or infrastructure. Developers also face delays securing access routes and transmission connections. Upgrading operational wind farms could reduce the need for entirely new sites, although larger machines may still require revised land agreements, stronger foundations and additional grid investment.

The Ministry of New and Renewable Energy established a national repowering and life-extension policy in December 2023. It permits replacement of turbines below two megawatts, equipment reaching the end of its design life and machines that fail applicable quality requirements. Projects may also qualify on commercial grounds after 15 years of operation.

Under the policy, repowering should increase annual electricity generation by at least 50 per cent compared with the existing installation. Refurbishment, an alternative to replacement, allows operators to extend equipment life through component upgrades, subject to safety and performance assessments.

Renewable Energy Minister Pralhad Joshi asked industry associations in June to assess the country’s ageing turbine fleet and identify replacement opportunities. He called on the Wind Independent Power Producers Association and the Indian Wind Turbine Manufacturers Association to submit their findings within 30 days. No comprehensive results of that exercise were established in the material available publicly.

A separate assessment issued on 2 November by The Energy and Resources Institute identified repowering as one of several pathways for expanding wind generation. Its recommendations include preparing an inventory of existing turbines, identifying priority sites and developing coordinated replacement projects linked to transmission planning.

The institute estimated theoretical onshore wind resources of approximately 1,210 gigawatts at a height of 150 metres and 2,934 gigawatts at 200 metres. Those resource estimates are not forecasts of economically viable installations and depend on subsequent site assessments, infrastructure and commercial conditions.

Industry participants face practical difficulties in combining neighbouring turbine plots, negotiating with multiple owners and arranging electricity purchase contracts for upgraded projects. Existing supply agreements may offer prices that complicate investment decisions, while distribution companies must determine how additional generation will be purchased and settled. Financing must also account for dismantling costs, construction interruptions and whether older transmission equipment can accommodate substantially higher output from fewer turbines.

The Global Wind Energy Council has identified land acquisition, right-of-way permissions, grid access and power purchase agreements among barriers to development. Its market assessment also anticipates continued interest in replacing older installations in Tamil Nadu, Maharashtra and Gujarat.

Gujarat’s renewable energy policy already contains provisions addressing replacement of older turbines, including requirements tied to the operating life of projects. Implementation ultimately depends on site-specific approvals, ownership arrangements and the capacity of local electricity networks to absorb increased output.

Dual recognition across customer service and MICE strengthens the airline’s proposition as it continues to advance its customer experience and commercial offering

HONG KONG SAR – Media OutReach Newswire – 11 November 2026 – Malaysia Airlines has secured major accolades across customer service and the meetings, incentives, conferences and exhibitions (MICE) segment, reinforcing its customer proposition as it continues to advance its transformation under Malaysia Aviation Group’s (MAG) Long-Term Business Plan 3.0 (LTBP3.0).

At the 2026 Skytrax World Airline Awards, Malaysia Airlines was named Best Airline Staff in Asia, while its cabin crew ranked third in the World’s Best Airline Cabin Crew category, rising five places from eighth in 2025. The airline also climbed six places to 21st in the World’s Top 100 Airlines ranking. Other results included second place in World’s Best Airport Services, a debut at 18th in World’s Best Business Class Airlines, 12th in World’s Best Economy Class Airlines, 11th in World’s Cleanest Airline and 10th among the Top 10 Airlines in Asia.

Captain Nasaruddin A. Bakar, President and Group Chief Executive Officer of MAG, said, “This recognition is a reflection of the collective efforts of our people across the airport, onboard and behind the scenes, who come together every day to deliver Malaysian Hospitality throughout the customer journey. Reaching this milestone after years of consistently climbing the global rankings is a significant achievement for our national carrier and a direct reward for our team’s relentless effort. It is this spirit of warm, thoughtful and consistent service that sets the Malaysia Airlines experience apart.”

Over the past two years, the airline has continued to elevate the customer experience, focusing on cabin comfort, in-flight dining and cabin crew service delivery. Initiatives have included expanded hospitality training and capability-building for frontline teams, strengthened service standards and more than 20 enhancements across key customer touchpoints. These range from refreshed cabin crew grooming standards and personalised Pilot Farewell Greetings to enhanced Business Class and Business Suite amenities, alongside family-focused initiatives such as children’s sticker giveaways and dedicated World Children’s Day celebrations onboard. The airline has also continued to evolve its in-flight dining experience through monthly menu rotations and more than 30 new menu offerings introduced over the past year, including Vegetarian Satay and Cendol Ice Cream.

Meanwhile, Malaysia Airlines was named World’s Best MICE Airline and Asia’s Best MICE Airline at the 2026 World MICE Awards, marking its first wins in both categories. The accolades recognise the airline’s role in serving the international MICE segment and reinforce its proposition to travel trade partners across the business events and corporate travel sectors.

Bryan Foong, Chief Executive Officer of Airline Business from MAG, said, “This recognition is an important milestone for Malaysia Airlines, and one we look to build on as we continue to enhance our offering and strengthen our relationships with travel trade partners. Our progress depends on the collective efforts of teams across the Group, working together to deliver a reliable and seamless travel experience grounded in authentic Malaysian Hospitality. As we move forward, we remain focused on building partner confidence, deepening collaboration and delivering sustainable growth for the airline.”

Beyond these achievements, Malaysia Airlines continues to develop its onboard proposition and expand its network to provide customers with greater choice and connectivity. Fleet renewal remains a key priority, with 29 new aircraft received to date and plans to build a fleet of 117 aircraft by 2035 to support future network growth.

The airline’s focus on operational performance also remains central to delivering a consistent customer experience, with year-to-date on-time performance (OTP) averaging 91.70% and reaching a high of 94.16% in September 2026.

These developments support MAG’s LTBP3.0, which sets out the ambition for Malaysia Airlines to rank among the Top 10 Global Airlines by 2030. Through continued investment in its products, services, fleet and network, the Group aims to build a more competitive airline and deliver sustainable long-term growth.

Malaysia Airlines invites travellers in Hong Kong to discover its award-winning Malaysian Hospitalityto Kuala Lumpur, the Maldives, Singapore, Bali, Brisbane and beyond. Book via the Malaysia Airlines website (https://www.malaysiaairlines.com/hk/en/home.html) or mobile app and start planning your next getaway.

Hashtag: #MalaysiaAirlines

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About Malaysia Airlines

Malaysia Airlines is the national carrier of Malaysia, offering premium and full-service travel options to, from, and within the country. As the gateway to Asia and beyond, the airline carries up to 40,000 guests daily on memorable journeys inspired by Malaysia’s diverse heritage. Malaysia Airlines embodies the nation’s rich traditions, cultures, and cuisines, delivering an unparalleled experience through its signature Malaysian Hospitality across every customer touchpoint.

Since September 2015, the airline has been owned and operated by Malaysia Airlines Berhad. It is part of the Malaysia Aviation Group (MAG) – a global aviation organisation comprising a range of aviation and lifestyle travel solution portfolios aimed at serving global air travel needs.

As a member of the oneworld® alliance, Malaysia Airlines offers enhanced connectivity to more than 900 destinations in 170 territories worldwide. For more information, visit www.malaysiaairlines.com or download the Malaysia Airlines app for the latest promotions at your fingertips.

Issued by Group Communications, Malaysia Aviation Group.

As a key supporting event under the framework of the Forum on China-Africa Cooperation (FOCAC), the gathering drew statesmen, diplomats and hundreds of Chinese and foreign business participants.

Building on eight years of accumulated progress and over 140 signed projects, the forum keeps focusing on delivering outcomes from the FOCAC Beijing Summit and aligning with the 10 partnership action plans.

Once again, it shined the global spotlight on Yiwu – a city with no seacoast nor border access, yet a pivotal hub for people-to-people China-Africa trade.

Inside the Yiwu International Expo Center, a three-day China-Africa trade exhibition opened ahead of the forum. Within its 10 000-square-metre hall sit 400 well-arranged booths, bringing together 186 enterprises from 15 countries.

Import-zone shelves are stocked with Ethiopian coffee, Ghanaian shea butter and Zimbabwean handicrafts. Meanwhile, a wide array of Chinese-made goods for household use, stationery, cultural-creative products and beauty cosmetics are ready to reach households across Africa.

More than two decades ago, Chinese and African merchants had to travel far and wide to source goods and secure buyers. Today, complete warehousing, customs-declaration and cross-border logistics allow exhibits to move straight from booths onto ocean-going vessels, closing the full loop from display to delivery.

Transformations extend well beyond exhibition halls.

Twenty years ago, most African traders in Yiwu acted purely as purchasers: they would fill shipping containers with selected goods and ship them back home.

On May 1 this year, China implemented zero-tariff treatment for 53 African diplomatic partners, further reshaping Sami’s business landscape. Trade is no longer a one-way “sell-out” model. Seizing this policy dividend, he began importing local Ugandan specialties such as coffee beans and chili peppers into China. Via Yiwu’s hub, these goods are then distributed to broader markets aboard the China-Europe Yiwu-Xinjiang-Europe Railway Express.

“Zero tariffs give young Africans direct access to the Chinese market and make two-way trade far more actionable,” Ugandan businessman Sami said, hoping more African traders will leverage Yiwu as a platform to bring African products to the wider world.

Like Sami, many entrepreneurs from diverse African nations regard Yiwu as their second home and serve as living, human-scale bridges connecting the two continents.

Official statistics bear witness to this shift. Between January and September 2026, Yiwu’s exports to Africa reached 135.903 billion yuan, marking a year-on-year rise of 30.18 percent.

Historically, China-Africa trade largely featured Chinese goods flowing one-way toward Africa. Today trade chains are evolving into two-way pathways. African coffee, honey and avocados are finding growing room in China’s consumer market. At the same time, Chinese enterprises are no longer content with merely delivering cargo to African ports.

Many firms are pushing supply-chain operations deeper into African local contexts. Local Yiwu-based supply-chain operators have set-up exhibition halls and 15 000-square-metre overseas warehouses in Senegal.

Conventional export business often concluded once goods departed Chinese ports. Now, end-to-end services including bulk procurement, overseas warehousing, local distribution and brand internationalisation travel alongside merchandise into Africa.

To date, Yiwu has established 28 overseas warehouses across 12 African countries. Together with offshore sub-markets and national-buyer service centers, a network spanning procurement, warehousing and distribution is taking shape, bridging Chinese supply capacity and African consumer demand.

In Yiwu, China-Africa cooperation finds tangible expression in shipping containers, grassroots commercial orders and ordinary people’s pursuit of success.

Though land-locked, Yiwu links countless towns across the African continent. The Chinese city bears witness to China-Africa trade advancing past simple commodity transactions, entering a new era of co-built supply chains, mutual market access and people-to-people cultural bonds.

The issuer is solely responsible for the content of this announcement.