Business & Economy news
Adani Green denies US anti-corruption law violation by Gautam and Sagar Adani
The DoJ indictment offers no evidence that bribes were paid by Adani executives to Indian government officials.
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Volkswagen to close China's Xinjiang plant amid concerns for human rights abuses
The German automaker had a joint venture assembly plant in Urumqi, the capital of Xinjiang.
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JPMorgan warns of tough year ahead for emerging markets in 2025
JPMorgan's annual outlook warns that emerging markets face a turbulent 2025, with significant uncertainty stemming from policy shifts in the United States and ongoing challenges in China.
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US threatens tariffs on Canada and Mexico, sparking trade crisis
The United States is threatening a significant shake-up in its trade relations with Canada and Mexico. President-Elect Trump has proposed imposing tariffs of up to 25 per cent on key imports.
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Norway ready to boost India's green energy goals: Ambassador Stener
The ambassador listed the India-European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA) as a milestone for Norway.
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Adani shares in red as Moody's downgrades outlook for seven group companies
The negative ratings come hot on the heels of the group facing legal troubles in the US.
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Afghan women turn to entrepreneurship amid Taliban restrictions
Limitations often breed resilience and women in Taliban-ruled Afghanistan testify to that fact. Despite losing jobs, women in Afghanistan are turning to entrepreneurship to sustain themselves and…
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Trump vows 25 pc tariffs on all goods from Canada, Mexico, adds more to China: 'Time to pay big price'
While campaigning for the presidential elections which he won, Trump had announced he would impose 60 per cent tariffs on Chinese goods
Private jets and hypocrisy take centre stage at COP29
At COP29 in Azerbaijan, a global climate conference designed to combat climate change, hypocrisy took centre stage.
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UK Energy bills to rise again in January 2025, straining household budgets
While the increase will impact most households, it’s particularly tough for lower-income families, including many pensioners, as the government has cut the winter fuel allowance this year.
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Bribery allegations rock Adani group: global projects in the spotlight
Adani group is under scrutiny after US Authorities filed bribery charges against Gautam Adani, his nephew, and six others. The fallout has been swift, with the group’s market capitalisation…
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Adani group's energy contracts under review amid corruption allegations
The Adani group faces growing global scrutiny over its energy projects, with investigations underway in multiple countries.
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Global markets roundup: India leads market gains amid bullish outlook
Indian stocks also reported gains, with Sensex surging over 1200 points. Market optimism and political outcomes in Maharashtra add to investor confidence.
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Adani bribery case: US SEC has no jurisdiction to summon foreigners, says report
Summons were delivered to their Ahmedabad residences, requiring a response within 21 days, PTI reported, citing a notice issued on November 21 by the New York Eastern District Court. The notice…
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Overview of the allegations revealed in the US indictment against Adani
Prosecutors in the US have accused six individuals, including Gautam Adani and his nephew Sagar Adani, the director of Adani Green. The indictment and arrest warrant against Gautam Adani and the…
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