By K Raveendran The US chargesheet against the Adani group and the arrest warrant issued against Gautam Adani are the strongest indictment yet of the crony capitalism that has been playing out on the sides under the Narendra Modi government. The new developments shed light on the group’s rapid...
By Dr. Gyan Pathak COP29 came out with a new draft finance deal on the last day of the summit on November 22, but it frustrated the stakeholders so much that they dubbed it a ‘slap on the face’. It had proposed $250 billion yearly, but left out specifics...
By Sushil Kutty Devendra Fadnavis, likely to be appointed Maharashtra Chief Minister, tweeted ‘Ek Hai toh safe hai’ as the BJP-led Mahayuti alliance was heading for sure-shot victory, concluding with ‘Modi hai toh Mumkin hai’. This, as celebration broke outside his residence and women in pink (the colour of...
By Rabindra Nath Sinha KOLKATA: Voters in Jharkhand has rejected outright the contention of the BJP top brass led by Prime Minister Narendra Modi that infiltration from Bangladesh has been changing the demography of the state’s tribal areas and that they should overwhelmingly vote for BJP as it alone...
By Otto Kyyrönen HELSINKI: In Finland, the liberal-conservative National Coalition Party and the far-right Finns Party, whose members together add up to nearly 90 percent of the current government, have united around a shared political project: authoritarian neoliberalism. The right-wing government is taking from the poor to give to...
NEW DELHI: Indian innovations such as quick commerce could join the league of the biggest players in the international tech business space over time, finance minister Nirmala Sitharaman said on Friday, calling for a strong ’Bharat Brand” in multiple sectors. She, however, said traditional brick-and-mortar retailing is facing some...
MUMBAI: The Securities and Exchange Board of India (SEBI) has proposed diversified ownership of equity clearing corporations (CCs) currently fully owned by the stock exchanges. SEBI expects a broad-based and diversified ownership of clearing corporations would help strengthen their financial and operational independence and ensure they can operate primarily...
NEW DELHI: India’s defence maintenance, repair, and overhaul (MRO) sector is poised for transformative expansion over the next five years, as global aerospace giants and domestic players collaborate to establish world-class facilities. With companies like Lockheed Martin and Boeing partnering with Indian firms like Tata Advanced Systems Ltd (TASL)...
NEW DELHI: The small and medium enterprise (SME) hospitals segment is expected to reach a market size of Rs 5 trillion by financial year 2026-27 (FY27), fuelled by localised demand, niche specialisation, and initiatives, according to a joint report by investment banking and consulting firm LoEstro Advisors and healthcare...
MUMBAI: The 2024 Network Readiness Index (NRI), published by the Portulans Institute and Saïd Business School at the University of Oxford, has ranked the United States as the world leader in network readiness for the third consecutive year. The report highlights the US’s dominance in artificial intelligence (AI) development,...
Hindustan Aeronautics Limited (HAL) is actively pursuing a strategy to manufacture the AL-31FP engines for the Sukhoi Su-30MKI aircraft entirely within India, including the sourcing of materials. This initiative is part of a broader push towards self-reliance in defence manufacturing, aligning with the Indian government’s “Atmanirbhar Bharat” (Self-Reliant India)...
India’s largest iron ore producer, NMDC Ltd says it has always been a pioneer, pushing boundaries and setting benchmarks in the steel and mining industry. It has now established a new vertical dedicated to innovative technological advancements. Recently, this ‘Transformation and Innovation’ vertical was introduced into its Hyderabad head...
NEW DELHI: India is stepping cautiously on its proposed imposition of retaliatory duties on EU goods for wrongful extension of safeguard tariffs on its steel as it is weighing diplomatic considerations such as action by other countries similarly hurt by the measures and an assessment of overall trade relations...
NEW DELHI: Indigenous crude oil and condensate production in October 2024 stood at 2.3 million metric tonnes (MMT), marking a 4% decline compared to the same period last year, according to data from the Petroleum Planning and Analysis Cell (PPAC). ONGC accounted for the largest share of production at...
BAKU: The COP29 climate summit ran into overtime on Friday, after a draft deal that proposed developed nations take the lead in providing $250 billion in annual climate finance by 2035 drew criticism from all sides. Showing some progress late on Friday, the COP29 presidency released what it hopes...
By Anjan Roy The real import of the US department of justice (DOJ) indictment of Indian billionaire, Gautam Adani, on counts of corruption and bribery has been somewhat lost on the wider public. It is the geo-economics of US dominion over the rest of the world that has to...
By Sushil Kutty Media should stop using “alleged” when reporting billionaire Gautam Adani’s many exploits. Why will someone so stinking rich need to bribe and commit fraud? “Alleged” robs the seriousness of the charge, and partially exonerates the man, who has friends in high places, which is all the...
By Dr. Gyan Pathak After elections are over in Jharkhand and Maharashtra, the next electoral battlefield Delhi has come into focus, where election is scheduled to be held early next year before the term of its Vidhan Sabha expires on February 23, 2025. Political posturing of the major political...