• Tuesday, March 04, 2025

Why FPO was withdrawn? Under-fire Indian billionaire Gautam Adani explains

Billionaire Gautam Adani has said the decision to withdraw a fully subscribed share sale of his group's flagship firm was primarily because of volatility in the market. Adani Group company stocks have lost over $90 billion in value since a US short seller made damning allegations. Adani Enterprises Ltd's Rs…

Tell China aggression against India unacceptable: US GOP senators to…

Several influential Republican lawmakers in the US on Wednesday (1) urged US secretary of state Antony Blinken to tell the Chinese leadership that their blatant aggression against Taiwan and India in the Himalayas is "unacceptable". The lawmakers have written a letter to Blinken and treasury secretary Janet Yellen, ahead of…

Safety, well-being of Indians in Canada priority for New Delhi:…

The safety and well-being of Indian nationals in Canada is a priority for the government, India's minister of state for external affairs V Muraleedharan said on Thursday (2). His remarks came in response to a question in Rajya Sabha or the Upper House of the Indian parliament on instances of…

‘Wild’ spending by Premier League clubs leaves Europe helpless

Another transfer window of record-breaking spending in the Premier League has led to more soul-searching around Europe, as clubs on the continent are unable to stop the drain of talent to England. Chelsea have stolen most of the headlines with their eye-watering purchase of Argentina midfielder Enzo Fernandez from Benfica…

‘Don’t mind playing the role of Dhoni,’ India captain Hardik…

Hardik Pandya added yet another feather in his captaincy cap on Wednesday (1) when India thrashed New Zealand by 168 runs in the third T20 in Ahmedabad, Gujarat, to clinch the three-match series 2-1. It was his second successive series win as the captain this year after the 2-1 win…

Kerala journalist Siddique Kappan walks out of Uttar Pradesh jail…

Siddique Kappan, a journalist from the southern Indian state of Kerala, walked out of jail in the northern state of Uttar Pradesh on Thursday (2), a day after the sureties required for his bail was submitted in court. Two sureties of Rs 1 lakh (£986) each were submitted on Wednesday…

Adani crisis snowballs into political row as India’s opposition seek…

The ongoing controversy around Indian conglomerate Adani Group has now started snowballing in the country's political arena with the opposition parties demanding a joint parliamentary committee or a probe monitored by the Supreme Court into the crisis. On Thursday (2), Mallikarjun Kharge, president of the opposition Indian National Congress and…

Pakistan mosque blast: Death toll revised to 84; double registration…

The death toll from a blast at a Pakistan mosque targeting police officers has been revised down to 84, police officials said Thursday (2). The figure had earlier been put at 101 killed, in the suicide attack inside a police headquarters in Peshawar on Monday. "The confusion arose and wrong…

India’s central bank seeks details on local banks’ Adani Group…

The Reserve Bank of India (RBI), India's central bank, has sought information from local banks in detail about their exposure to Adani Group companies, following a massive wipeout worth $100 billion (£985.3 million) in the cumulative market valuation of the Indian conglomerate since last week. Government and banking sources have…

India Feb 1 budget news in brief: Urban unemployment rate…

Here are news related to Indian budget 2023 which was presented by finance minister Nirmala Sitharaman in the parliament on Wednesday, February 1: Urban unemployment rate in India has fallen to a four-year low, a budget document for 2023-24 showed on Wednesday, ANI reported. In June 2019, the urban unemployment…