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Business

Markets: Promising stability, post-poll results make Sensex and Nifty zoom over 1%

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Virendra Pandit   New Delhi: After the Maharashtra Assembly results promised political and economic stability in the financial capital of India, which beat anti-incumbency fears, and positive global indications, the South Asian nation’s stock markets zoomed over 1 percent on Monday and the Indian rupee appreciated over 10 paise to the US dollar. The stock […]
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ADANI A
Business

Adani Portfolio delivers Record H1 and TTM Performance

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Ahmedabad, 25 November 2024: In line with its commitment to transparency, Adani Group, India’s leading infrastructure conglomerate, today announced the release of Adani Portfolio’s H1 FY25 and Trailing-Twelve-Month (TTM) Results and Credit Compendium. The Results Compendium provides a comprehensive overview of the financial performance of Adani Portfolio and the Credit Compendium offers in-depth insights into […]
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INDIA AND US
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USIRC Urges Resilient, Trusted, Hassle-Free, and Strong Trade Partnership between the US and India

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USIRC urges for resilient, trusted, hassle-free and robust business partnership between  United States and India amidst extraneously vitiated business environs. United States and India are two big countries, two great polities, two reputed value systems, two  mature democracies and two big economies as well.   Together these two nations constitute almost one third of global nominal […]
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pakistan
Business

IMF conditions: Pak ministries at odds on gas supply cut to industries, power plants

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New Delhi: Cash-strapped Pakistan’s finance and energy ministries are at loggerheads over implementing a key condition imposed by the International Monetary Fund (IMF) to reduce gas supplies to industries and power plants by January 2025, as part of the USD 7 billion bailout agreement. During a recent meeting at the Prime Minister’s House, the Petroleum […]
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Business

Roving Periscope: ICC’s warrant against Netanyahu divides the West and its allies

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Virendra Pandit   New Delhi: The International Criminal Court (ICC)’s arrest warrant against Israeli Prime Minister Benjamin Netanyahu and his former Defence Minister Yoav Gallant for alleged war crimes and human rights violations in Gaza has divided the West and its allies, including members of the North Atlantic Treaty Organization (NATO). While some members of […]
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Screenshot 2024-11-23 160508
Business

Sri Lanka: IMF approves third review of a $ 2.9 bn bailout, but warns of risks ahead

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Virendra Pandit   New Delhi: The International Monetary Fund (IMF) approved the third review of Sri Lanka’s USD 2.9 billion bailout package on Saturday but warned that the South Asian nation’s economy remains vulnerable, the media reported.  Cash-strapped Sri Lanka plunged into a severe financial crisis in 2022, the worst since its independence from the […]
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ADANI A
Business

The allegations leveled by the US Justice Department against the directors of Adani Green are baseless: Adani Group

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The allegations made by the US Department of Justice and the US Securities and Exchange Commission against directors of Adani Green are baseless and denied. Adani Group spokesperson said. As stated by the US Department of Justice itself, “the charges in the indictment are allegations and the defendants are presumed innocent unless and until proven […]
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