Gautam Adani US indictment: Eight people, including Gautam Adani, his nephew Sagar Adani, and an individual named Cyril Cabanes, have been named by the US SEC in the alleged corruption case
Gautam Adani, his nephew Sagar, and Cyril Cabanes, a former board member of Azure Power, charged by the US SEC in a bribery and fraud scheme
The case alleged that Gautam Adani and others conspired to pay about $265 million in bribes to Indian govt officials to secure energy contracts for Adani Green. To understand the allegations, read:
The arrest of Anmol Bishnoi comes amid ongoing investigations into his involvement in various criminal activities
The Biden administration announced Wednesday that it will give Ukraine antipersonnel mines to help it slow Russia's battlefield advances, marking the second major shift on US military support for Kyiv in days. After allowing Ukraine to use longer-range American missiles to launch strikes deeper into Russia, US Defence Secretary Lloyd Austin said the shift in Washington's policy on antipersonnel land mines for Ukraine was needed to counter changing Russian tactics. The war, which reached its 1,000-day milestone on Tuesday, has largely been going Russia's way. Moscow's bigger army is slowly pushing Ukraine's forces backward in the eastern Donetsk region, while Ukrainian civilians are being maimed and killed by Russian drones and missiles often fired from inside Russia. Individual ground troops, rather than forces more protected in armoured carriers, are leading the Russian battlefield advance, so Ukraine has a need for things that can help slow down that effort, Austin said during a .
The Senate on Wednesday rejected an attempt by Sen. Bernie Sanders Wednesday to block sales of offensive weapons to Israel for its war in Gaza over mounting civilian deaths there. The Vermont lawmaker and a small group of Democrats sought to put legislation up for a Senate vote that would block the sale of some tank and mortar rounds and smart-bomb kits to Israel. The first attempt to block the sales was rejected overwhelmingly, and two more were expected to go down to defeat. Sanders, in making the case for stopping the sales, said Israeli Prime Minister Benjamin Netanyahu's government has not simply waged war against Hamas. It has waged an all-out war against the Palestinian people. Known as joint resolutions of disapproval, the measures would have had to pass both houses of Congress and withstand any presidential veto to become binding. Congress has never succeeded in blocking any arms sales with the joint resolutions. But the vote served as a test of broader frustration among ..
The United States on Wednesday vetoed a UN Security Council resolution demanding an immediate cease-fire in the war in Gaza because it was not linked to an immediate release of hostages taken captive by Hamas militants in Israel in October 2023. The council voted overwhelmingly in favour of the resolution 14 of its 15 members voted yes including US allies Britain and France but it was doomed by the veto. US deputy ambassador Robert Wood said the United States worked for weeks to avoid a veto of the resolution sponsored by the council's 10 elected members, and expressed regret that compromise language was not accepted. We made clear throughout negotiations we could not support an unconditional cease-fire that failed to release the hostages, he said. Hamas would have seen it as a vindication of its cynical strategy to hope and pray the international community forgets about the fate of more than 100 hostages from more than 20 member states who have been held for 410 days. The ...
A major storm swept across the northwest US on Tuesday evening, battering the region with strong winds and rain and causing widespread power outages and downed trees that killed at least one person. The Weather Prediction Centre issued excessive rainfall risks through Friday and hurricane-force wind warnings were in effect as the strongest atmospheric river a large plume of moisture that California and the Pacific Northwest has seen this season overwhelms the region. The storm system is considered a bomb cyclone, which occurs when a cyclone intensifies rapidly. Downed trees struck homes and littered roads across northwest Washington. In Lynnwood, Washington, a woman died Tuesday night when a large tree fell on a homeless encampment, South County Fire said in a statement on X. In Seattle, a tree fell onto a vehicle, temporarily trapping a person inside, the Seattle Fire Department reported. The agency later said the individual was in stable condition. Trees are coming down all ov
A professional wrestling magnate, Linda McMahon is the former CEO of the professional wrestling franchise WWE and has been a strong supporter of Donald Trump since almost a decade
Xi and Brazilian President Luiz Inacio Lula da Silva are expected to sign agreements boosting trade
A so-called hotline between Moscow and Washington was established in 1963 to reduce the misperceptions that stoked the Cuban Missile Crisis of 1962
Established in 1960, IDA complements the World Bank's original lending arm, the International Bank for Reconstruction and Development (IBRD) and helps low-income countries
Voters in California have rejected a ballot measure that would have raised the state minimum wage to USD 18 per hour by 2026, the highest in the country. Opponents, including the California Chamber of Commerce, said it would have increased costs, led to higher taxes and pushed businesses to cut jobs. "With the economy and costs top of mind for many voters this election, that message appears to have resonated," said Jennifer Barrera, the chamber's president and CEO. Proponents estimated that the measure would have benefited two million workers, including hotel and grocery employees. "Proposition 32's failure to pass is disappointing for all Californians who believe that everyone who works should earn enough to support their families," said Kathy Finn, president of UFCW 770, a Southern California union representing nearly 30,000 workers in various sectors. The current minimum wage rates are USD 16 per hour for most workers and USD 20 in the fast-food sector. The health care sector w
A congressional panel has recommended that the US toughen its trade relationship with Beijing, pushing to roll back a nearly 25-year-old decision that helped bring about China's rapid economic growth but that many in Washington now see as hurting US interests. In its annual report to Congress released on Tuesday, the US-China Economic and Security Review Commission called for the first time for ending permanent normal trade relations with Beijing. It echoes moves by prominent Republican lawmakers -- including Sen Marco Rubio, President-elect Donald Trump's pick for secretary of state -- as the trade war with China is expected to intensify under the incoming administration. The change would mean the US reintroducing annual reviews of China's trade practices and gaining more leverage to address "unfair trade behaviours", the commission said in the report. "This move would signal a shift toward a more assertive trade policy aimed at protecting US industries and workers from economic ..
The wars in Ukraine and the Middle East are eating away at critical US weapons stockpiles and could hamper the military's ability to respond to China should a conflict arise in the Indo-Pacific, the top US commander for that region said on Tuesday. Head of US Indo-Pacific Command Adm Samuel Paparo cautioned that the US providing or selling billions of dollars worth of air defences to both Ukraine and Israel is now impeding his ability to respond in the Indo-Pacific, such as if China invades Taiwan. "Up to this year, where most of the employment of weapons were really artillery pieces and short-range weapons, I had said, 'not at all'," when asked if the conflicts were hampering US ability to respond to threats in the Indo-Pacific, Paparo said. "It's now eating into stocks, and to say otherwise would be dishonest," he told an audience at the Brookings Institution in Washington. China has ramped up its military pressure against Taiwan, including a massive military exercise that involv
Satcom Industry Association-India (SIA-India) and IndUS Tech Council have launched a partnership to unravel the regulatory challenges in emerging technologies such as AI, space systems, and dual use innovations. The two industry bodies have launched Perspectives on Regulatory Issues in Strategic Markets (PRISM) 2024 webinar series that seek to offer a platform for industry to navigate evolving regulations and explore new avenues for innovation and collaboration. "The first webinar 1.0 comes at a crucial time ahead of critical reforms like ITAR (International Traffic in Arms Regulations), MTCR (Missile Technology Control Regime) liberalisation," Nikita Vardiparti, Vice President, IndUS Tech Council was quoted in a statement issued by SIA-India. She said following recent amendments by the US Department of Commerce aimed at easing restrictions on space-related items, which reclassifies many space-related products, including commercial satellites, from the US Munitions List to the ...
This statement follows a recent clash between members of the Hindu community and law enforcement forces in Bangladesh's port city of Chittagong, triggered by a Facebook post criticising ISKCON
The Commerce Department imposed a dumping margin of 29 per cent on Nippon Steel for selling hot-rolled steel in the US
Democratic Arizona Governor Katie Hobbs said on Monday she is willing to work with President-elect Donald Trump's new administration on border security issues like stopping fentanyl trafficking but not in areas that she said could harm Arizona families such as mass deportation. Hobbs travelled to the Arizona-Mexico border on Monday to trumpet her state's National Guard work helping crack down on smuggling of the deadly synthetic opioid into the US through Nogales, Arizona. More than half of all border seizures of the drug are made in Nogales. "Border security was a core issue of the Trump campaign," Hobbs told reporters as vehicles moved behind her. "I look forward to having conversations with the incoming president about Arizona's needs, including border security and the work we've done here to build these partnerships that are actually producing results and how we can continue those partnerships under his administration." But, she added, there are Arizona families who "are worried
A man carried out a string of stabbings across a swath of Manhattan on Monday morning, killing two people and critically wounding a third without uttering a word to his victims, officials said. The 51-year-old suspect was in police custody after being found with blood on his clothes and the two kitchen knives he was carrying, authorities said. The suspect's and victims' names weren't immediately released. Three New Yorkers. Unprovoked attacks that left us searching for answers on how something like this could happen, Mayor Eric Adams said at a news conference. He called the violence a clear, clear example" of failures in the criminal justice system and elsewhere. The suspect, apparently homeless, had been sentenced in a criminal case a few months ago, the Democratic mayor said, without giving further details. The attacks happened within 2 1/2 hours, said Joseph Kenny, police chief of detectives. The first, on West 19th Street, killed a construction worker who was standing by his w