Narayana Murthy warns of Hyderabad migration. Climate change is an urgent global issue that threatens to upend traditional ways of life. According to experts, it could force millions of people to abandon their homes and migrate to cities. These urban centers, often seen as hubs of opportunity, are already struggling to cope with numerous challenges […]
MrBeast rents pyramids; plans remain unclear. YouTube sensation MrBeast has once again captivated the internet with a bold new project, this time involving the ancient Pyramids of Egypt. Describing the series as something “never seen before,” MrBeast promised an exciting blend of intense competition and unexpected twists, a hallmark of his wildly popular videos. While
Rupee hits all-time low of 85.12. Following the US Federal Reserve’s recent decision, the dollar experienced a significant rally, strengthening against multiple currencies, including the Indian rupee. The decision to maintain or adjust interest rates by the Federal Reserve often has a profound impact on global currency markets. As a result of the Fed’s actions,
Switzerland suspends MFN status; impacts India. Switzerland Suspends MFN Clause in DTAA with India: Implications for Tax Liabilities Switzerland recently announced the suspension of the Most Favoured Nation (MFN) clause in its Double Tax Avoidance Agreement (DTAA) with India, effective January 1, 2025. This decision, while technically grounded in procedural nuances, could have far-reaching consequences
Adani opts out of US Colombo funding. Gautam Adani-owned Adani Ports and Special Economic Zone (APSEZ) Limited has decided to withdraw from a $553 million loan agreement with the US International Development Finance Corporation (DFC). The project, part of the West Container Terminal development, is a strategic initiative aimed at enhancing Sri Lanka’s maritime infrastructure.
RBI Holds Repo Rate, Lowers GDP Forecast The Reserve Bank of India (RBI) decided to leave the policy repo rate unchanged during its latest monetary policy meeting, marking the 11th consecutive instance of maintaining the status quo. However, in a significant move, the central bank revised its GDP growth forecast for the current fiscal year
Lok Sabha adjourned amid Adani, Sambhal protests. The Lok Sabha witnessed chaotic scenes as members of the Congress and Samajwadi Party (SP) stormed into the Well of the House, while other Opposition members stood in the aisles, raising slogans and demanding answers on key issues. The uproar primarily revolved around the Adani Group and the
Lok Sabha adjourned amid Adani, Sambhal protests. Read More »
TotalEnergies halts Adani investments over bribery charges. French oil giant TotalEnergies has decided to halt further investments in the Adani Group, citing concerns over bribery allegations. The decision comes in response to charges filed in the United States that accuse certain individuals within the Adani Group of involvement in a bribery scheme. TotalEnergies, which has
TotalEnergies halts Adani investments over bribery charges. Read More »
Azure whistleblowers allege bribery in Adani scandal. Former Azure executives and Indian business tycoon Gautam Adani have been implicated in an alleged bribery scandal, as revealed in unsealed court documents filed by the US Attorney for the Eastern District of New York and the FBI. The documents outline accusations of corruption and misconduct involving Azure
Azure whistleblowers allege bribery in Adani scandal. Read More »
Congress demands JPC probe after Adani charges. Congress has called for a Joint Parliamentary Committee (JPC) investigation into ongoing scams, citing the recent US indictment of Indian billionaire Gautam Adani as a key example. The party argues that the charges against Adani, related to a massive bribery scheme, highlight the urgent need for a thorough
