Adani group to exit consumer goods joint venture with Singapore’s Wilmar in $2 billion deal

India’s Adani group will exit the consumer goods joint venture with Singapore’s Wilmar International in a deal valued at $2 billion as the Indian conglomerate focuses on core infrastructure business. Flagship company Adani Enterprises will sell a 13% stake in Adani Wilmar in an offer for sale, which makes the Fortune brand of sunflower oil, […]

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Pemagatshel tops in financial irregularities among dzongkhags

The Royal Audit Authority (RAA) exposed major financial mismanagement, corruption, and irregularities in Pemagatshel Dzongkhag, making it the worst-performing dzongkhag among those reviewed. The Annual Audit Report 2023-24 highlighted Nu 4.74 million in misappropriated funds by the Zambala Farmers Group, which operates a Milk Processing Unit (MPU) in Norbugang gewog. Instead of depositing sales proceeds […]

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Nepal, China universities sign collaboration agreement

Lumbini Buddhist University and Beijing Language and Culture University have signed a collaboration agreement in the presence of Prime Minister KP Sharma Oli. At an event held at the Prime Minister’s official residence in Baluwatar, officials from Lumbini Buddhist University and Beijing Language and Culture University exchanged the agreement documents. As per the agreement, both […]

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Afghanistan’s Taliban rulers say will close all NGOs employing women

The Taliban government says it will close all national and foreign nongovernmental organisations (NGOs) employing women in Afghanistan. In a letter published on X on Sunday night, the country’s Ministry of Economy warned that failure to comply with the latest order would lead to NGOs losing their licence to operate in Afghanistan. The directive came […]

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Private jets fill Maldives airports, sees 8 percent increase

The arrival of private jets to the Maldives has shown an uptick in numbers as the island nation is currently observing its peak tourism season. Tourist arrivals increase to the tropical destination as many of these travelers are escaping the winter season in their home countries but are still looking to celebrate the festivities that […]

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Bangladesh’s remittances grow 22% to record nearly $27b in 2024

According to data from the Bangladesh Bank, remittances through formal channels totalled $26.67 billion from January to 28 December, an increase of about $4.7 billion from $21.92 billion in 2023. Bangladesh received nearly $27 billion in remittances this year – reflecting a 22% year-on-year increase – bolstered by a 9% rise in the official dollar […]

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Jaishankar’s US visit sparks Khalistan protests

Indian External Affairs Minister S Jaishankar met US Secretary of State Antony Blinken and National Security Advisor Jack Sullivan on a six-day state visit to the US. Following the meeting, pro-Khalistan protests were witnessed in Washington. Protesters accused Prime Minister Narendra Modi’s government of running a global killing and spying network against Sikhs in Western […]

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Himachal hit by snow, 5,000 tourists stranded due to snowfall

Heavy snowfall continues in large parts of Himachal Pradesh. Many tourists are stranded. Police there said that 5,000 tourists were stranded on the roads of Kullu alone on Friday. The local administration said that traffic in Kullu has come to a standstill due to snowfall. It will take more time to clear the snow from […]

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Why is India not paying attention to Dhaka’s request to extradite Hasina?

It was somehow known that a ‘request’ or ‘demand’ for the extradition of ousted Prime Minister Sheikh Hasina to Bangladesh would come. Finally, it came exactly four months and 18 days after Sheikh Hasina set foot in India! On the morning of December 23, the message was handed over in the form of a ‘note […]

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India approaches European Court over Basmati

India has approached the European Court of Justice after Pakistan requested documents from the European Union regarding the GI tag for Basmati rice. According to Indian media reports, India wanted to see the documents that Pakistan had submitted to the European Union claiming ownership of Basmati rice. But the European Union rejected India’s request. The […]

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