Global Indians

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Fund diversion: SEBI imposes heavy fines, bars Anil Ambani, and others for 5 years; group stocks tank

August 23, 2024 virendra pandit

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Virendra Pandit New Delhi: In a significant move, markets regulator Securities and Exchange Board of India (SEBI) has imposed heavy fines and barred businessman Anil Ambani and 24 other entities, including former key officials of his public-listed Reliance Home Finance Ltd (RHFL), from the securities market for five years for alleged diversion of funds from […]

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Business

Roving Periscope: Before visiting Ukraine, PM Modi reiterates dialogue for peace

August 22, 2024 virendra pandit

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Virendra Pandit New Delhi: Ahead of his Friday visit to war-torn Ukraine, Prime Minister Narendra Modi said in Poland that India has always advocated for permanent peace in the region and reiterated that New Delhi believes in dialogue and diplomacy as the best way to resolve any conflict. PM Modi arrived in Warsaw on Wednesday […]

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Business

Employment: E-vendors created 15.8 mn jobs in India, including 3.5 mn for women

August 21, 2024 virendra pandit

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Virendra Pandit New Delhi: Online vendors working in the electronic commerce (e-com) segment of businesses have generated 15.8 million jobs in India, including 3.5 million for women, with about 1.76 million retail enterprises participating in e-commerce activity, according to a report released on Wednesday. The report “Assessing the Net Impact of e-Commerce on Employment and […]

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Business

Roving Periscope: A month after visiting Russia, PM Modi to seek peace in Ukraine

August 21, 2024 virendra pandit

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Virendra Pandit New Delhi: Precisely because he has been breaking new grounds nationally and globally—that unites legions of his jealous and failed enemies within and without—Prime Minister Narendra Modi is attempting to do something many of his admirers-turned-secret foes couldn’t: bringing peace to war-torn Ukraine jackbooted by India’s old friend, Russia, since February 2022. With […]

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Business

Roving Periscope: Yunus visits Dhakeshwari temples; court books Hasina for murder

August 13, 2024 virendra pandit

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Virendra Pandit New Delhi: A week after she fled the country she led for over 15 years, former Prime Minister Sheikh Hasina Wajed has begun to face music from those who toppled her government: a murder case. Aping Pakistan’s kangaroo courts, a Bangladesh court has ordered a probe in a murder case allegedly involving Sheikh […]

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Business

Hindenburg, again: Adani shares fall, but SEBI holds the fort

August 12, 2024 virendra pandit

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Virendra Pandit New Delhi: Hindenburg fancied it would be another “bombshell;” it turned out a damp squib, 18 months after the publication of its January 24, 2023, “research” tanked the Adani shares and investors lost massively in the short term but their stocks bounced back subsequently. Not this time, though. For, New Delhi, aware of […]

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Business

The Middle East: Sitting on a volcano, Israel braces for “large-scale” Iranian attack

August 12, 2024 virendra pandit

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Virendra Pandit New Delhi: The cauldron called the Middle East, where the ongoing Gaza War has already claimed over 40,000 lives since the Hamas invasion of Israel on October 7, 2023, is likely to witness an Armageddon with Israel expecting a “large-scale” attack from Iran, anytime. According to the media reports on Monday, Israeli Defence […]

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Business

Roving Periscope: Islamists reject Yunus’ appeal in erstwhile “East Pakistan”

August 12, 2024 virendra pandit

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Virendra Pandit New Delhi: Few are taking the interim government in Bangladesh seriously, as, even after its leader Nobel Peace Laureate Mohammad Yunus’s appeal for peace, the Islamists led by the pro-Pakistani outfit Jamaat-e-Islami may be pushing the troubled South Asian nation down the road to perdition. Dissatisfied with erasing the memorials of the country’s […]

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Business

Roving Periscope: Bangladesh “students” now force the SC Chief Justice to ‘agree’ to resign

August 10, 2024 virendra pandit

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Virendra Pandit New Delhi: Having tasted blood after ousting Prime Minister Sheikh Hasina Wajed from power on Monday, the “students” of Bangladesh on Saturday forced Supreme Court Chief Justice Obaidul Hassan to ‘agree’ to resign. The CJ agreed to resign “in principle” following intense pressure from protesters surrounding the Supreme Court, broadcaster Jamuna TV reported. […]

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Business

The Maldives: India to introduce UPI services, says Dr. Jaishankar

August 10, 2024 virendra pandit

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Virendra Pandit New Delhi: After months of acrimony, India and the Maldives are resetting their bilateral relations and New Delhi has agreed to launch its internationally acclaimed United Payments Interface (UPI) digital payment services in the neighboring island nation in the Indian Ocean. On Friday, India and the Maldives signed an agreement to introduce the […]

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