Business

Business

“Brothers forever”: Presidents Putin and Xi cement their ties, again

May 17, 2024 virendra pandit

Virendra Pandit New Delhi: In February 2022, days before Russia invaded Ukraine, President Vladimir Putin attended the Olympic Games in Beijing, returned with a promise of “limitless friendship” with his Chinese counterpart Xi Jinping, and ordered his armed forces to launch a “special military campaign” that has dragged on from his intended “48 hours” to […]

Business

Roving Periscope: Dubai shows why Pakistan is near-bankrupt

May 17, 2024 virendra pandit

Virendra Pandit New Delhi: Nearly 17,165 Pakistanis, who fleeced their nation for decades and now own properties of over USD 12.5 billion in Dubai alone, can still rescue their nearly bankrupt country from its current financial morass if they demonstrate their patriotism, sell off their assets, and funnel that ill-gotten money back into the South […]

Business

Economy: The UN upwardly revises India’s 2024 growth projection to 6.9%

May 17, 2024 virendra pandit

Virendra Pandit New Delhi: The United Nations has revised upwards India’s growth projections for 2024, with the country’s economy now forecast to expand by 6.9 percent this year, mainly driven by strong public investment and resilient private consumption. The global body’s report “World Economic Situation and Prospects”, in mid-2024, released on Thursday, said, the Indian […]

Business

Economy: India to surpass Japan in FY26, says Sanjeev Sanyal

May 16, 2024 virendra pandit

Virendra Pandit New Delhi: India is set to emerge as a USD 4 trillion economy in 2024-25 and surpass Japan by early next fiscal (FY26) to become the world’s fourth largest economy, Sanjeev Sanyal, a member of the Economic Advisory Council to the Prime Minister (EAC-PM), said on Thursday. A 7 percent economic growth rate […]

Business

LS polls: “PM Modi will return; hope Pak also gets a leader like him”

May 16, 2024 virendra pandit

Virendra Pandit New Delhi: Leading Pakistani-American media commentator and businessman Sajid Tarar has said that Narendra Modi is set to return a third time as the Prime Minister of India, and expressed the hope that Pakistan would also get a leader like him. The Baltimore-based Tarar said PM Modi is a strong leader who has […]

Business

Roving Periscope: “Indians lands on the Moon, but Pak kids die in the open gutter”

May 16, 2024 virendra pandit

Virendra Pandit New Delhi: As the massive anti-Pakistan protests, total strike, and demand for merger with India in Pak-occupied Kashmir (PoK) entered the sixth day, a leading politician lamented in Islamabad that while Indian satellites were landing on the Moon, the Karachi children were dying in gutters. Syed Mustafa Kamal, a member of Pakistan’s National […]

Business

‘Contamination’: Britain tightens scrutiny of all Indian spice imports

May 16, 2024 virendra pandit

Virendra Pandit New Delhi: Millions of South Asians living in the United Kingdom may be deprived of some spices and condiments after London tightened scrutiny of all Indian spice imports in the wake of the controversies globally because of alleged ‘contamination.’ In the most stringent crackdown so far impacting all Indian spices, the UK’s Food […]

Business

Adani Energy Solutions completes acquisition of Essar’s Operational Mahan-Sipat Transmission assets

May 16, 2024 Vinayak Barot

Ahmedabad, 16 May 2024: Adani Energy Solutions Ltd (AESL), the largest private transmission and distribution company in India with a growing smart metering portfolio, has acquired 100% stake in Essar Transco Limited after obtaining requisite regulatory and other approvals for an Enterprise Value of INR 1,900 crores. The share acquisition is pursuant to definitive agreements […]

Business

Adani Ports Mundra Enhances Global Connectivity with ONE

May 15, 2024 Vinayak Barot

Today, Adani Mundra Port handled the inaugural vessel call of the WIN service of Ocean Network Express (ONE) line. This new service aims to enhance the connectivity of Adani Ports Mundra and Hazira catering North West India to North America, promising weekly connections and efficient commercial operations. This service connects Mundra to New York, Norfolk, […]

Business

LS polls: Dr. Jaishankar slams the West, and its media, for dishing “gyan” to India

May 15, 2024 virendra pandit

Virendra Pandit New Delhi: Days after Prime Minister Narendra Modi revealed that some foreign countries were not just influencing but trying to ‘interfere’ in India’s ongoing Lok Sabha polls, External Affairs Minister S Jaishankar hit out at the West and its media for dishing out unsolicited “gyan” to the world’s largest democracy. The Western countries […]