Business

Business

Space: Sunita Williams’ 3rd flight postponed due to a tech glitch

May 7, 2024 virendra pandit

Virendra Pandit New Delhi: Indian-American astronaut Sunita Williams’ long-awaited third space flight has been aborted hours before liftoff, the media reported on Tuesday. The launch of the Boeing Starliner, which was set to fly Williams and NASA co-astronaut Barry Wilmore was postponed due to a technical glitch. No new date has been officially announced for […]

Business

Roving Periscope: “No new Cold War,” Xi urges France, EU amid tensions

May 7, 2024 virendra pandit

Virendra Pandit New Delhi: As his ally Russian President Vladimir Putin continued the Ukraine war and launched nuclear drills against the West, Chinese President Xi Jinping called on his French counterpart Emmanuel Macron to help fend off a “new Cold War.” The visiting Chinese President told Macron the two nations should uphold mutual benefits, and […]

Business

The Middle East war: Escalation looms as Israel orders 100,000 Gazans to evacuate Rafah

May 6, 2024 virendra pandit

Virendra Pandit New Delhi: A day after Prime Minister Benjamin Netanyahu asserted that “Israel will stand alone,” and that any leniency at this stage would only keep Hamas in power, the Jewish nation rejected international criticism, and directed nearly 100,000 civilians to temporarily mass evacuate from parts of Rafah city in Southern Gaza Strip to […]

Business

Sports: Terror threat to T20 World Cup; ICC says “robust security”

May 6, 2024 virendra pandit

Virendra Pandit New Delhi: Trinidad Prime Minister Keith Rowley has revealed that the T20 World Cup in the Americas has received a terror threat but the International Cricket Council (ICC) assured that a “comprehensive and robust security plan” is in place to “mitigate any risks” to the showpiece beginning June 1. The tournament—featuring 20 teams, […]

Business

Roving Periscope: Amid Tibetan protests, and Gaza fires, China’s Xi begins France visit

May 6, 2024 virendra pandit

Virendra Pandit New Delhi: Welcomed with the call for ‘Free Tibet,’ China’s President Xi Jinping started his two-day state visit to France on Monday, as his ‘friend’ Russian counterpart Vladimir Putin ordered nuclear drills against the West amid the Ukraine war, and Israel began preparing to invade Rafah in Gaza Strip for a final assault […]

Business

Xenophobia: Jaishankar rejects Biden’s claims, defends India’s eco growth

May 4, 2024 virendra pandit

Virendra Pandit New Delhi: External Affairs Minister S. Jaishankar has rejected US President Joe Biden’s claim that “xenophobia” was hobbling India’s economic growth—as also that of Japan, China, and Russia. At a roundtable on Friday, he said India’s economy “is not faltering” and that it has historically been a very open society. “That’s why we […]

Business

The Gaza War: Turkey halts trade with Israel for “violence” against Palestinians

May 3, 2024 virendra pandit

Virendra Pandit New Delhi: Turkey halted all trade activities with Israel because of the latter’s “non-stop violence” against Palestinians in the Gaza Strip, the Turkish Trade Ministry said. But, like Iran, Turkey also appears to be in no mood to burn its fingers by directly attacking Israel and getting entangled in a larger Middle East […]

Business

Rebuilding Gaza: It could take decades and $40 billion, says the UN agency

May 3, 2024 virendra pandit

Virendra Pandit New Delhi: Amid escalating anti-Israel protests in the US and parts of Europe, a UN agency said on Thursday that rebuilding war-ravaged Gaza, now burdened with nearly 40 million tons of rubble, could take decades and cost an estimated USD 30 billion to 40 billion, besides requiring a herculean effort on a scale […]

Business

Roving Periscope: The WH downplays Biden’s rant on xenophobia of India, others

May 3, 2024 virendra pandit

Virendra Pandit New Delhi: Six months ahead of the crucial Presidential elections, the White House on Thursday tried to ‘control’ the damage caused by US President Joe Biden’s ‘xenophobic’ remarks about India, Japan, Russia, and China, clarifying that he was making a “broader point.” “Why is China stalling so badly economically, why is Japan having […]

Business

Adani Green Secures USD 400 million from international banks for 750 MW power projects

May 2, 2024 Vinayak Barot

Ahmedabad, 2 May 2024: Adani Green Energy Ltd (AGEL), India’s largest and one of the world’s leading renewable energy (RE) companies, today announced USD 400 million financing for its under-construction 750 MW solar projects in Rajasthan and Gujarat by a consortium of five leading international banks. It will provide financing for projects that are expected […]