Monday, February 3

Tag: india

Vivo money laundering case: Don’t discriminate against our firms, China warns India; Beijing to give protection to 2 accused | India News
25Dec By adminNo Comments
Money

Vivo money laundering case: Don’t discriminate against our firms, China warns India; Beijing to give protection to 2 accused | India News

NEW DELHI: Beijing will be providing consular protection and assistance to two Chinese employees of smartphone manufacturer Vivo, who were recently arrested by the Enforcement Directorate (ED) in connection with a money laundering probe.While strongly urging India not to discriminate against Chinese companies, foreign ministry spokesperson Mao Ning said: "We are closely following the matter. The Chinese government firmly supports Chinese companies to safeguard their lawful rights and interests."On December 23, the ED had arrested three Vivo-India executives including interim CEO Hong Xuquan alias Terry — a Chinese national, Chief Financial Officer Harinder Dahiya and consultant Hemant Munjal.The trio was taken into custody under the provisions of the Prevention of Money Laundering Act (PM...
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U.S. Says Iran Drone Struck an Oil Tanker Near India
23Dec By adminNo Comments
World

U.S. Says Iran Drone Struck an Oil Tanker Near India

A chemical tanker in the Indian Ocean was struck by a drone launched directly from Iran early Saturday, the Pentagon said, signaling a widening risk to shipping after Yemeni rebels started attacking vessels in the Red Sea.“The motor vessel Chem Pluto, a Liberia-flagged, Japanese-owned, and Netherlands-operated chemical tanker was struck at approximately 10 a.m. local time today in the Indian Ocean, 200 nautical miles from the coast of India, by a one-way attack drone fired from Iran,” a Pentagon spokesperson said in a statement. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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The Newest Get Rich Quick Trade: Indian Stocks
22Dec By adminNo Comments
World

The Newest Get Rich Quick Trade: Indian Stocks

Dec. 22, 2023 12:39 am ETIndia’s booming stock market is attracting millions of individual investors hoping to get rich quick.The benchmark S&P BSE Sensex Index is around 16% higher this year and hit an all-time high this month. The surge encouraged investors to open more than 11 million new accounts with the National Stock Exchange of India in 2023 through the end of August, and has led to record flows into mutual funds that buy stocks. The most popular play: subscribing for shares in new listings, which sometimes surge in value during the first few days of trading.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Match Preview – South Africa vs India, India in South Africa 2023/24, 3rd ODI
20Dec By adminNo Comments
Sports

Match Preview – South Africa vs India, India in South Africa 2023/24, 3rd ODI

Big picture: We have an ODI series deciderIf this series felt like an afterthought before, the ODI on Tuesday night confirmed it, when the broadcast in India kept talking about the IPL auction instead of the cricket that was happening. A South Africa victory though has given this upcoming game proper stakes. It's a decider and that's the kind of pressure both of these teams will want to put their next gen under as they continue on their path of transition.Tony de Zorzi, scoring a century in just his fourth ODI, and B Sai Sudharsan, getting off the mark in international cricket with the sweetest cover-driven boundary and topping that up by scoring a fifty in difficult batting conditions, both exemplified the talent that will forever keep coming through, which is useful because it seems li...
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Air India commences Phuket service – Business Traveller
19Dec By adminNo Comments
Travel

Air India commences Phuket service – Business Traveller

Air India has launched a new nonstop service between Delhi and Phuket, its second destination in Thailand. The inaugural flight departed the Indian capital on 15 December. Star Alliance member Air India says that the new route is further bolstering its expansion plans in the Far East and Southeast Asia. Air India operates an Airbus A320neo on Delhi-Phuket, featuring 12 2-2 configured recliners in business class and 150 seats in 3-3 configured economy class. The flights currently run four times a week, on Mondays, Wednesdays, Fridays and Sundays, but will be upgraded to a daily service from January. AI 378 will depart from Delhi at 0110 to arrive in Phuket the same day at 0710. The return flight AI 379 will take off from Phuket at 0810 and land in Delhi at 1050. “Phuket is a popular...
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Match Preview – South Africa vs India, India in South Africa 2023/24, 2nd ODI
18Dec By adminNo Comments
Sports

Match Preview – South Africa vs India, India in South Africa 2023/24, 2nd ODI

Big picture: SA look to avoid another home series defeat You can fight conditions only to a certain extent in cricket. Arshdeep Singh, Mukesh Kumar and Avesh Khan went into the first ODI of the series with just seven wickets between them but bowled South Africa out for 116 in conditions that had swing, seam and uneven bounce.As action moves to Gqeberha, and to a day-night match, you'd hope for more even conditions that don't change dramatically during the match. Gqeberha has not hosted an ODI in more than four years, but it has not been a high-scoring venue. It has gone 12 years and eight ODIs without a score of 300. As it is generally the slowest and lowest of the surfaces among mainstream South African venues, India will hope to close out the series there. For South Africa, the next t...
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Air India unveils new Manish Malhotra-designed uniforms – Business Traveller
13Dec By adminNo Comments
Travel

Air India unveils new Manish Malhotra-designed uniforms – Business Traveller

The uniforms will be phased in over the next few months starting with crew on the carrier’s first A350-900 aircraft – the first of which is expected to be delivered before the end of the year. Malhotra has also designed uniforms for Air India’s ground staff, engineers, and security personnel, with these set to be unveiled “in due course”. Earlier this year Air India unveiled its new livery and brand identity featuring a chakra-inspired pattern and a custom-made ‘Air India Sans’ font. Air India unveils new livery and brand identity In February the carrier announced record orders for 470 Airbus and Boeing aircraft, and a US$400 million refurbishment of existing widebody fleets is set to start in 2024 Commenting on the news Campbell Wilson, chief executive officer and managing director, Ai...
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ADB Raises Growth Forecasts for Asia Despite Continued Headwinds
13Dec By adminNo Comments
World

ADB Raises Growth Forecasts for Asia Despite Continued Headwinds

The economic outlook for Asia seems upbeat despite global challenges, the Asian Development Bank said as it raised growth forecasts for the region.Citing resilient economic activity in the face of persistent headwinds, the Manila-based multilateral bank now expects developing Asia to record growth of 4.9% for 2023. That is up from the 4.7% it had projected in September. It kept its 2024 forecast for the area, which comprises 46 of its members, including China, South Korea and India, at 4.8%.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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What India Needs to Ditch Coal
11Dec By adminNo Comments
Money

What India Needs to Ditch Coal

India’s climate ambitions are a paradox. The South Asian giant has set aggressive targets for clean energy deployment, and is seen as one of the most attractive developing markets for renewable investment. Yet it refuses to turn its back on coal.India, along with China, has opted out of the Global Renewables and Energy Efficiency pledge at the COP28 climate conference in Dubai—which included a commitment to curtail investment in new coal power. Coal currently meets nearly three-quarters of India’s growing energy needs. Moreover higher electricity capacity will, ironically, be key to survival in its increasingly hot weather as air conditioning needs rise.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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What India Needs to Ditch Coal
11Dec By adminNo Comments
World

What India Needs to Ditch Coal

India’s climate ambitions are a paradox. The South Asian giant has set aggressive targets for clean energy deployment, and is seen as one of the most attractive developing markets for renewable investment. Yet it refuses to turn its back on coal.India, along with China, has opted out of the Global Renewables and Energy Efficiency pledge at the COP28 climate conference in Dubai—which included a commitment to curtail investment in new coal power. Coal currently meets nearly three-quarters of India’s growing energy needs. Moreover higher electricity capacity will, ironically, be key to survival in its increasingly hot weather as air conditioning needs rise.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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