Business

Business

Roving Periscope: Hasina waits in India; Khaleda freed, as Hindus targeted in a burning Bangladesh

August 6, 2024 virendra pandit

Virendra Pandit New Delhi: As Bangladesh descended further into unprecedented anarchy, widespread riots, deaths, and destructions, the new military regime released former Prime Minister Begum Khaleda Zia, 78, and many activists of Muslim fundamentalist outfit Jamaat-I-Islami from prisons while London declined political asylum to ousted PM Sheikh Hasina Wazed, who is waiting in India to […]

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The UK: “You’ll regret,” PM Starmer warns ballooning anti-Muslim protestors

August 5, 2024 virendra pandit

Virendra Pandit New Delhi: A month after taking his oath, British Prime Minister Keir Starmer on Sunday warned far-right, anti-immigration, anti-Muslim protesters that they would “regret” participating in England’s worst rioting in 13 years, as disturbances linked to the murder of three children last week flared across the country. The UK, which has a Muslim […]

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Business

AESL Raises USD 1 Billion via QIP Route, Largest in India’s Power Sector

August 5, 2024 Vinayak Barot

Ahmedabad, 5 August 2024: Adani Energy Solutions Limited (“AESL”), today said it has successfully completed its INR 8,373 crores (USD 1 billion) Qualified Institutional Placement (“QIP”), the largest in India’s power sector. This milestone underscores AESL’s prominent position as a leader in India’s energy transition solutions and highlights investors’ confidence in the country’s power sector […]

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Business

Markets: Recession fears in the US, M-E crisis tank global indices, including Sensex, Nifty

August 5, 2024 virendra pandit

Virendra Pandit New Delhi: Reports about a possible recessionary trend kicking off in the US, the escalating crisis in the Middle East, and domestic reasons caused a meltdown in world markets on Monday, as Sensex and Nifty crashed by nearly 3 percent each. Key factors behind the stock market crash included fears of a US […]

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Sri Lanka Reloaded: As a huge crowd storms the PM’s house, Hasina quits, flees to Tripura

August 5, 2024 virendra pandit

Virendra Pandit New Delhi: Aping the Sri Lankans of 2022, a huge crowd of anti-quota protestors stormed the Prime Minister’s official residence in Dhaka, soon after Sheikh Hasina Wazed resigned and fled along with her younger sister Rehana, the media reported on Monday afternoon. The Bangladesh Army gave an ultimatum of 45 minutes to PM […]

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Business

Roving Periscope: PM Hasina leaves for a “safer place;” B’desh may return to the army rule

August 5, 2024 virendra pandit

Virendra Pandit New Delhi: When Bangladesh Prime Minister Sheikh Hasina Wazed, whose Awami League won a massive 288 of the 300 parliamentary seats to return to power for a fifth overall term in January 2024, disclosed a “plot” in May 2024 to carve out a Christian country from her homeland and adjoining Myanmar, the attempts […]

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Roving Periscope: Fearing backlash, the poll-bound US cancels “deal” with the 9/11 mastermind

August 3, 2024 virendra pandit

Virendra Pandit New Delhi: Fearing a massive backlash of the non-Muslim voters ahead of the November presidential elections, the US on Friday hurriedly scrapped, just two days after announcing, a highly controversial “deal” with the 9/11 mastermind and his two accomplices, whose ‘softer’ sentences, the Democrats hoped, would appease the Muslims at home and worldwide […]

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Business

Food: The UN’s goal of a hunger-free world by 2030 is unachievable

August 3, 2024 virendra pandit

Virendra Pandit New Delhi: The United Nations’ goal of creating a hunger-free world by 2030 would most likely not be achieved, an eminent German agriculture economist said on Saturday. Addressing the 32nd International Conference of Agricultural Economists (ICAE), Martin Qaim, Professor of Agricultural Economics and Director of the Center for Development Research (ZEF), University of […]

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Business

Ambuja Cements announces Rs. 1600 Cr investment to set up 6 MTPA Cement Grinding Unit in Bihar

August 3, 2024 Vinayak Barot

Patna, 3 August 2024: Ambuja Cements Limited, part of the diversified Adani Portfolio, announces its first venture in Bihar, marking the largest investment in the state by a cement industry player. The Warisaliganj Cement Grinding Unit, a standalone facility with an overall capacity of 6 MTPA, will be established at an investment of nearly ₹ […]

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Technology: India lifted 800 mn out of poverty “simply by smartphones”, says the UN

August 2, 2024 virendra pandit

Virendra Pandit New Delhi: Praising India for its achievements, the United Nations has said the South Asian country has lifted 800 million people out of poverty in the past five to six years “simply by the use of smartphones” and people in rural parts of the country can make transactions instantly on their phones, the […]

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