Mumbai / Bloomberg SpiceJet Ltd. is considering hedging jet fuel for the first time since 2009-10 as the Indian budget carrier expects crude oil prices to rise further, people with direct knowledge of the plans said. Oil has surged more than 70 percent from a 12-year low reached in January on signs the global surplus will ease as US ...

  Sriharikota / Bloomberg India successfully launched a scale model of a reusable spacecraft on Monday, a project that in time could pit the nation against billionaires Jeff Bezos and Elon Musk in the race to make access to space cheaper and easier. The winged vessel — one-fifth of full size — blasted off on a rocket from Sriharikota base ...

  Bloomberg Think of it as Mother Nature’s roller-coaster ride: the shift between the weather patterns known as El Nino and La Nina that, at their worst, can cause havoc worldwide. El Nino — spurred on by a warming of the equatorial Pacific — has dried up rice crops across Southeast Asia, cocoa fields in Ghana, coffee in Indonesia and ...