Allegations of corruption and fraud against Adani at home and abroad

Adani Group Chairman and India’s richest industrialist Gautam Adani has been accused of offering to bribe government officials to get a quote for the country’s solar power project. But this is not the first time. This Gujarati native, known as a close associate of Narendra Modi and Amit Shah, has been accused of corruption several […]

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Kenya cancels two major deals with Adani Group

Kenya’s President William Ruto has cancelled two major deals with controversial Indian tycoon Gautam Adani. The decision comes after US prosecutors charged Adani with fraud. A day earlier, India’s second richest man Gautam Adani was charged with planning to bribe $250 million and secretly collect the money in the United States. However, the Adani Group […]

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Afghanistan bets on ‘red gold’ for global market presence

As the saffron harvest season is underway in Afghanistan, traders are expecting better yields than in previous years, sparking hopes that exports of the precious crop, known locally as “red gold,” will help uplift the country’s battered economy and livelihoods. Afghanistan is the world’s second-largest saffron producer, after Iran, but it ranks first in terms […]

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Maldives and India wrap up 7th edition of joint military exercise ‘Ekatha’

The Maldives and India have successfully wrapped up the seventh edition of the bilateral military exercise between the Maldives National Defense Force (MNDF) and the Indian Navy dubbed ‘Exercise Ekatha.’ This year’s ‘Exercise Ekatha’ took place at the MNDF Northern Area Command in Lh. Maafilaafushi. Chief of Defense Force Major General Ibrahim Hilmy served as […]

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Third review approved by IMF, SL to get next US$ 333 million tranche

The International Monetary Fund (IMF) reached a staff level agreement with Sri Lankan authorities, paving the way for the next tranche, for US$ 333 million, of the four-year Extended Fund Facility. “We are pleased to announce that the IMF team reached staff-level agreement with the Sri Lankan authorities on the third review under the 4-year  […]

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Bhutan government revives plans to establish crop and livestock insurance scheme

The government has revived its plan to introduce the National Crop and Livestock Insurance Scheme in a bid to protect farmers from the dual threats of climate change and wildlife depredation. The insurance scheme, which will cost the government an estimated Nu 927.83 million over the next four years, will provide a safety net for […]

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Connectivity, infra projects top agenda of Oli’s China visit

Nepal is preparing to take up some key cross-border infrastructure and connectivity projects, including joint projects under the Belt and Road Initiative, during Prime Minister KP Sharma Oli’s official visit to China starting December 2. At the invitation of Chinese Premier Li Qiang, Prime Minister Oli is visiting the northern neigbour. The two sides have […]

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What’s next for Gautam Adani after US bribery, fraud charges?

Here’s a look at what’s next for Adani, who is accused of conspiring to pay about $265 million in bribes to Indian government officials to obtain contracts and develop India’s largest solar power plant project. Gautam Adani, the billionaire chair of Indian conglomerate Adani Group and one of the world’s richest people, could face a […]

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Dr. Yunus to Time Magazine: Sheikh Hasina is creating various problems by taking refuge in India

Dr. Muhammad Yunus, the chief advisor to the interim government, has said that Sheikh Hasina has not only taken refuge in India, but is also creating various problems. He made such comments in an interview with the famous Time magazine. In the interview published in Time magazine on Thursday (November 21), Dr. Yunus said, when […]

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How successful will Imran Khan’s call for a ‘final movement’ be?

Former Prime Minister Imran Khan has called for a movement across Pakistan on November 24. He has called on everyone, including party leaders and activists, to take to the streets to protect the people’s mandate on this day. Imran has called this movement as his ‘last call’. Jailed Imran Khan has called for a movement […]

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