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Remittances: India leads the world with $ 125 billion in 2023, says WB

December 18, 2023 Vinayak Barot

Virendra Pandit New Delhi: As against USD 89 billion in 2021 and USD 112 billion in 2022, India’s remittances in 2023 were USD 125 billion this year, making it lead the world, according to a World Bank report. The WB’s latest Migration and Development Brief reveals a continuing growth in remittance flows from the […]

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Ambuja Cements to Power 60% of its Production with Green Power

December 17, 2023 Vinayak Barot

Ahmedabad, 17th December 2023: Ambuja Cements Limited, the cement and building material company of the diversified Adani Group, has unveiled an audacious goal solidifying its position as a frontrunner in the global arena of sustainable cement production. In a monumental stride towards a greener future, the Company has committed a significant investment of Rs. 6,000 […]

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Russia: President Putin to run as an “independent” in March 2024 polls

December 16, 2023 Vinayak Barot

Virendra Pandit New Delhi: Announcing that he will seek yet another six-year term in March 2024, Russian President Vladimir Putin has said he will “contest the elections” as an “independent” candidate. For Putin, 71, the so-called election is a formality. With the support of the state, the state-run media, and almost no mainstream public […]

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Economy: By 2026, India to be a $5 trillion economy, says Panagariya

December 16, 2023 Vinayak Barot

Virendra Pandit New Delhi: Summing up India’s economic surge, eminent economist Arvind Panagariya said on Friday that the South Asian country is set to become the world’s third-largest economy by 2026 when its GDP in current dollar terms will swell to USD 5 trillion in 2026 and USD 5.5 trillion in 2027. “I am […]

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Gautam Adani can afford a smile about crisis year

December 16, 2023 Vinayak Barot

BENGALURU – Gautam Adani, one of India’s richest men, is standing tall at the end of a difficult year. Shares in the tycoon’s publicly traded companies went into freefall in January after Hindenburg Research accused his empire of stock manipulation and accounting fraud. Adani denied the allegations calling it a “calculated attack” on India, but […]

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Roving Periscope: His own digital double ‘shocks’ Russian President Vladimir Putin!

December 15, 2023 Vinayak Barot

Virendra Pandit New Delhi: As the world grapples with Artificial Intelligence (AI)—arguably the digital ecosystem version of Dr. Jackyll/Mr. Hide in our era—and rushes to regulate the technology monster, Russian President Vladimir Putin was ‘shocked’ as his own AI version, a Putin-double, confronted him on Thursday. Interacting with his digital double, President Putin was […]

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Petroleum: As the US eases sanctions, India to resume buying Venezuelan oil

December 15, 2023 Vinayak Barot

Virendra Pandit New Delhi: With the US easing sanctions against oil-rich Venezuela after over four years, India is ready to resume buying cheaper oil from the South American country, Union Petroleum Minister Hardeep Singh Puri said on Friday. Venezuela has the world’s largest proven oil reserves and a scaling back of US sanctions on […]

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APSEZ expands strategic partnership with MSC

December 15, 2023 Vinayak Barot

Ahmedabad, 15 December 2023: Adani Ports and Special Economic Zone Ltd (APSEZ), the largest transport utility in India, has entered into a second strategic partnership with Terminal Investment Limited (TiL), the container terminal operating and investing arm of MSC, the largest container shipping line in the world, for the operation of Adani Ennore Container Terminal […]

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Roving Periscope: Impeachment probe begins against US President Joe Biden

December 14, 2023 Vinayak Barot

Virendra Pandit New Delhi: The Republican-controlled US House of Representatives has launched an impeachment inquiry in alleged corruption cases against President Joe Biden, 81, who is running for next year’s presidential poll as the Democrat candidate for a second term of four years. Republicans have yet to provide evidence of corruption by the President […]

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Security breach: Parliament suspends 15 MPs, seven Lok Sabha staff

December 14, 2023 Vinayak Barot

Virendra Pandit New Delhi: Fifteen Members of Parliament (MPs) were on Thursday suspended for unruly behavior and disrupting proceedings in their respective Houses for the remainder of the Winter Session, over Wednesday’s incident of a major security breach when two youths were arrested inside the Lok Sabha and two outside the new building of […]