6h ago| India

India hikes defence budget by 13pc

With an eye on security challenges from China and Pakistan, India today announced a nearly 13 percent increase in its defence budget for the financial year 2023-24 to help the military to develop or buy advanced weapons systems, including new fighter jets, submarines and tanks..According t

10h ago| India

Petition moved against Adani plant’s installation of power lines in Farakka

An Indian civil rights group yesterday petitioned the Calcutta High Court to stop installation of power transmission lines at Farakka in West Bengal’s Murshidabad by an Adani Group-owned power plant, from where electricity is to be supplied to Bangladesh..The transmission lines were being

1d ago| India

Adani vs Hindenburg: What you need to know

US-based short-seller Hindenburg Research severely criticised Indian conglomerate Adani in a Jan. 24 report ahead of its flagship company's $2.5 billion share sale, triggering a $70 billion rout in the group's domestically listed stocks and a sell-off in its bonds listed overseas.

4d ago| India

75-yr independence of India: Mughal Gardens to be named 'Amrit Udyan'

The gardens of Rashtrapati Bhavan, the official residence of India's President Droupadi Murmu, will get a "common name" as "Amrit Udyan" on the occasion of 75 years of India's independence, after being long known popularly as Mughal Gardens.

4d ago| Global Business

Adani slips from world’s 3rd richest to 7th in Forbes list

Indian billionaire Gautam Adani's net worth continues to decline as he falls from being the third richest person in the world to seventh in the Forbes Real Time Billionaires' list.

4d ago| India

2 Indian fighter jets crash in Madhya Pradesh, 1 pilot dead

At least one pilot was killed in an accident involving two fighter aircraft of the Indian Air Force near Gwalior in the central state of Madhya Pradesh today, the IAF said.

February 1, 2023
February 1, 2023

India hikes defence budget by 13pc

With an eye on security challenges from China and Pakistan, India today announced a nearly 13 percent increase in its defence budget for the financial year 2023-24 to help the military to develop or buy advanced weapons systems, including new fighter jets, submarines and tanks..According t

February 1, 2023
February 1, 2023

Petition moved against Adani plant’s installation of power lines in Farakka

An Indian civil rights group yesterday petitioned the Calcutta High Court to stop installation of power transmission lines at Farakka in West Bengal’s Murshidabad by an Adani Group-owned power plant, from where electricity is to be supplied to Bangladesh..The transmission lines were being

January 31, 2023
January 31, 2023

Adani vs Hindenburg: What you need to know

US-based short-seller Hindenburg Research severely criticised Indian conglomerate Adani in a Jan. 24 report ahead of its flagship company's $2.5 billion share sale, triggering a $70 billion rout in the group's domestically listed stocks and a sell-off in its bonds listed overseas.

January 31, 2023
January 31, 2023

Abu Dhabi’s Int’l Holding Co to invest $400m in Adani Enterprises’ follow-on share sale

Abu Dhabi's International Holding Co (IHC) has announced it will invest about $400 million in the Gautam Adani-led Adani Enterprises’ follow-on share sale. .This development comes after the steep fall in share value of the conglomerate following the report of American short seller Hindenb

January 31, 2023
January 31, 2023

India’s top court to hear pleas challenging ban

India’s Supreme Court will consider petitions next week against a government order blocking the sharing of clips of a BBC documentary that questioned Prime Minister Narendra Modi’s leadership during riots in 2002 in the western state of Gujarat.

January 30, 2023
January 30, 2023

Fraud cannot be obfuscated by nationalism

US short-seller Hindenburg Research has dismissed charge that its report on Adani Group's malfeasance was a "calculated attack" on India, saying a "fraud" cannot be "obfuscated by nationalism or a bloated response that ignored key allegations."

January 30, 2023
January 30, 2023

Mamata Banerjee hands over land documents to Amartya Sen

Amid allegations of land grabbing against Nobel Laureate Amartya Sen by Visva-Bharati in Santiniketan, West Bengal Chief Minister Mamata Banerjee today handed him documents relating to his house there and said "no one can question him" in future.

January 30, 2023
January 30, 2023

Adani hits back at Hindenburg, says complies with local laws

India's Adani Group issued a detailed riposte on Sunday to a Hindenburg Research report that sparked a $48 billion rout in its stocks, saying it complies with all local laws and had made the necessary regulatory disclosures.

January 30, 2023
January 30, 2023

‘Ideology of hate’ consuming India

India’s rising tide of Hindu nationalism is an affront to the legacy of Mahatma Gandhi, his great-grandson says, ahead of the 75th anniversary of the revered independence hero’s assassination.

January 29, 2023
January 29, 2023

Real life ‘3 Idiots’ hero on a ‘Climate Fast', but why?

Sonam Wangchuk, an innovator and an engineer, whose personality inspired the fictional character of Phunsukh Wangdu in Aamir Khan's film '3 Idiots', is on a five-day "climate fast" demanding the government to protect Ladakh, where rapid expansion of industries threatening its unique ecosystem.