Business

Business

Signed an MoU with DGPC for a 570 MW green hydro plant in Chukha province: Gautam Adani

June 17, 2024 Vinayak Barot

Adani Group Chairman Gautam Adani posted on social media and said, Absolutely fascinating meeting with Dasho Tshering Tobgay, Hon. Prime Minister of Bhutan. Signed an MoU with DGPC for a 570 MW green hydro plant in Chukha province. Admirable to see @pmo_bhutan advancing the vision of His Majesty The King and pursuing broad ranging infrastructure initiatives across […]

Business

Gautam Adani meets His Majesty King Jigme Khesar Namgyel Wangchuck of Bhutan

June 17, 2024 Vinayak Barot

His Majesty King Jigme Khesar Namgyel Wangchuck of Bhutan had a meeting with Gautam Adani, a well-known industrialist of the country. Meanwhile, Gautam Adani posted on social media and said, Honoured to meet His Majesty King Jigme Khesar Namgyel Wangchuck of Bhutan. Inspired by his vision for Bhutan and the ambitious ecofriendly masterplan for Gelephu […]

Business

South Africa: President Ramaphosa re-elected for a second term

June 15, 2024 virendra pandit

Virendra Pandit New Delhi: South Africa’s President Cyril Ramaphosa, 71, has been re-elected for a second term of five years after a late-night coalition agreement with the opposition parties, the media reported on Saturday. This came after the ruling Black-majority African National Congress (ANC) lost its parliamentary majority for the first time in 30 years […]

Business

Roving Periscope: To cripple China’s BRI, G7 to promote the IMEC

June 15, 2024 virendra pandit

Virendra Pandit New Delhi: To further pulverize China’s multicontinental dream project, the Belt and Road Initiative (BRI), which is already facing several problems, the Group of Seven (G7) industrialized nations have committed to promoting concrete infrastructure initiatives, like the India-Middle East-Europe Economic Corridor (IMEC). The IMEC initiative was firmed up on the sidelines of the […]

Business

Gautam Adani meets Tanzania’s President

June 15, 2024 Vinayak Barot

Gauttam Adani, a well-known industrialist of the country, posted on social media and said, It was an honour to meet the charismatic President of the United Republic of Tanzania, Her Excellency @SuluhuSamia. Fascinating to hear her deep insights about the future of Africa and discuss the possibilities for forging a long-term partnership with one of […]

Business

Ukraine: PM Modi meets President Zelenskyy, emphasizes dialogue, diplomacy

June 14, 2024 virendra pandit

Virendra Pandit New Delhi: India believes the way to peace in Ukraine is through dialogue and diplomacy, Prime Minister Narendra Modi told Ukrainian President Volodomyr Zelenskyy on the sidelines of the ongoing G-7 Summit in Italy on Friday, the media reported. During a bilateral meeting with President Zelenskyy, he assured India’s continued support for a […]

Business

APSEZ strengthens its ESG leadership, gains recognition for Climate initiatives

June 14, 2024 Vinayak Barot

Ahmedabad, 14 June, 2024: APSEZ has been recognized by CDP for its exceptional efforts in tackling climate change and implementing best practices across its supply chain through a robust engagement program. The award was presented at the ‘Climate Action in India: Role of Businesses & Supply Chain’ ceremony, co-hosted by the Federation of Indian Chambers […]

Business

FY25: FM Sitharaman to make history—seventh budget in a row!

June 14, 2024 virendra pandit

Virendra Pandit New Delhi: Breaking the record set by Morarji Desai, who tabled the Union Budget for six consecutive financial years in the 1950s-1960s, Finance Minister Nirmala Sitharaman is set to make history when she presents the document a seventh time in a row in the coming weeks for the financial year 2024-24 as the […]

Business

Roving Periscope: G-7 leaders to squeeze frozen Russian assets to pay Ukraine

June 14, 2024 virendra pandit

Virendra Pandit New Delhi: The Group of Seven (G-7) will tap the Russian central bank’s frozen assets worth USD 322 billion (300 billion euros) to raise a loan of USD 50 billion for war-ravaged Ukraine, the media reported on Friday. In 1992, the UN Security Council similarly authorized a measure to seize frozen Iraqi assets […]

Business

Pakistan: Facing bankruptcy, FM Aurangzeb ups defense budget by 15%

June 13, 2024 virendra pandit

Virendra Pandit New Delhi: Pakistan Finance Minister Muhammad Aurangzeb on Wednesday announced a nearly 15 percent hike in the cash-strapped nation’s defense spending and allocated Rs 2,122 billion in the 2024-25 budget, marking a significant increase from last year amid efforts to secure a fresh loan from the IMF to meet the hand-to-mouth country’s external […]