Economy and Finance

Cash-strapped Bangladesh owes more than $1 billion to five Indian power companies, $800 million due to Adani Power alone

Bangladesh is in debt to five Indian power companies for more than $1 billion which provide electricity to it, and power supply can be cut if payment is not made

10 years of Modi: Huge jump by over 565% in the share of poor households that could own a vehicle, here is what govt...

According to data from Ministry of Statistics and Programme Implementation, vehicle ownership among the poorest households increased from 6% to 40% in the last decade under the Modi government.

Reports claim Maldives has run out of usable dollars after payment of oil bill, govt claims it has not reached zero and situation will...

Days after the Maldives Monetary Authority (MMA) sent a warning letter to the Finance Ministry warning about exhausting usable reserves of the country, the state's usable dollar reserves have actually run out, reported Adhadhu,

Bangladesh faces severe financial crisis as annual inflation jumps to 11.66% in July amid widespread anti-Hindu violence, protests

The prices of essential commodities in Bangladesh are expected to rise even more due to the supply chain disruptions.

Adani-Hindenburg case: A chronology of events from January 2023 to now

On Sunday Adani Group also released an official statement, stating, "We completely reject these allegations against the Adani Group which are a recycling of discredited claims that have been thoroughly investigated, proven to be baseless and already dismissed by the Hon'ble Supreme Court in January 2024."

Allegation inappropriate, 23 out of 24 probes into Adani group completed, agendas and outcomes of all meetings published: SEBI rejects fresh Hindenburg charges

SEBI issues statement on the Hindenburg Research’s Report, rejects all allegations and asks investors to remain calm and exercise due diligence

SEBI chairperson Madhabi Puri Buch and her husband deny the latest Hindenburg charges, say investment referred to by Hindenburg was made before she joined...

SEBI Chairperson Madhabi Puri Buch and her husband Dhaval Buch issued a detailed statement rejecting the allegations made by Hindenburg

360 One Wam refutes claims made by Hindenburg in fresh attack on Adani group, says its offshore fund had zero investments in Adani shares

In a stock exchange filing on Sunday, 360 One Wam Limited said its IPE-Plus Fund 1 had made zero investments in any shares of the Adani Group, refuting claims by Hindenburg

Malicious, mischievous, and manipulative selections of public record for personal profiteering: Adani group rejects latest Hindenburg allegations

Adani Group has rejected the fresh allegations by Hindenburg Research, saying the US-based short seller using manipulative information for profiteering

Tata’s semiconductor plant in Assam will be operational by 2025, will bring entire semiconductor ecosystem companies to the state: N Chandrasekaran after Bhumi Pujan...

Tata Group chairman N Chandrasekaran expressed confidence that part of the semiconductor plant in Assam will be completed in 2025 and operations will start quickly.

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