The 41-year-old former Soviet Air Force pilot dubbed the 'merchant of death', is accused of supplying weapons to rebels in Colombia and warring sides in several countries reeling under civil conflict in Africa and Central Asia, using the cover of his air cargo business.
Ambani is in good company. The likes of ultra-rich individuals like hedge fund billionaire Ray Dalio and co-founder of Google Sergey Brin have chosen Singapore to establish their family offices. So have British inventor James Dyson, famous for his bladeless fans and hair dryers and vacuum cleaners, and Zhang Yong, founder of China's Haidilao hotpot restaurant chain, reports Lee Kah Whye.
At a time when the overall narrative is around India being an attractive investment destination, the two American multinationals are more specific in projecting India as their centrepiece.
"These funds have been used to help Pakistan prosecute the war on terror along the Pakistan-Afghan border," Assistant Secretary of State for South and Central Asia Richard Boucher said.
Reliance Industries, India's most valuable company, and state-run gas firm GAIL India on Tuesday joined hands to set up a multi-billion-dollar petrochemical plant in gas-rich Middle-East, Central Asia or Russia.
The literacy rate reflected in census data in 2001 was 71 per cent among India's 15-to-35-year-olds. It placed the number of non-literates in 7+ age group at 304 million and in 15-35 age group at 100 million.
The broader economy risks a potential flight of foreign portfolio capital, therefore pressure on the rupee and more bad news on the stock market, warns T N Ninan.
'We continue to believe that the global economy will narrowly avoid a recession, despite expecting the US, Canada, and most of Europe to fall into recession at some point over the next year or so.'
'The US-India relationship is in a different league altogether,' Obama administration officials tell Aziz Haniffa/Rediff.com in Washington, DC.
Team Taiwan won't be at Winter Games opening ceremony
Three coaches of the Dadar-Puducherry Express (train no 11005) derailed near Matunga station in Mumbai on Friday night after the engine of the CSMT-Gadag Express, going in the same direction, dashed it sideways, a Central Railway official said.
Emphasising that the India-US nuclear agreement is in the interest of both the countries, Richard Boucher, the top official in charge of South and Central Asia, hoped that the deal will continue towards implementation.
His release from the central prison on Thursday was delayed by a day as the Department of Immigration, where Sobhraj was to be sent for deportation, did not have a separate room ready for him.
Most of the local residents expressed fear that redevelopment will kill the small businesses in Dharavi that it is known for and that they are content with the way things are at present.
An escalation in the already simmering tensions between North and South Korea, China and Taiwan, and Russia and Ukraine could prove to be a bigger worry for the markets over the next few months rather than central bank policy action, said analysts. The markets, they said, are still not fully factoring in this possibility. "The conflict between Iran and Saudi Arabia is another geopolitical worry.
Appearing before a Congressional hearing, Assistant Secretary of State for South and Central Asia Richard Boucher was asked if Khan had been questioned by US intelligence officials.
The Turkmenistan event underscores the lengths to which China's oil-and-gas companies will go to curry favour in resource-rich locales.
Efforts of the government have been successful in reining in the growth of population, she said in a written reply.
Indian policymakers are almost alone, alongside the United States, in seeking a hard and multi-sectoral global decoupling from China in the expectation that it will boost their economies, observes Mihir S Sharma.
He last visited India in November 2019 and also celebrated his 71st birthday with schoolchildren in Mumbai and earlier this week he told British Indian peer Lord Karan Bilimoria at a pre-Coronation reception that he looks forward to making a State Visit to India soon.
Sharing concerns over the recent spurt in terrorism in Afghanistan, India and Afghanistan Monday agreed on a collective fight against the menace and sought Pakistan's cooperation.
The 1965 war teaches us that war by escalation is a real possibility. Despite clear threats, Pakistan never believed that India will ever cross the international border. In the age of nuclear deterrence, this failure to deter Pakistan is the central lesson of 1965, says Colonel Anil Athale (retd).
We need to report to the Congress about the India-Iran ties. India does not have to worry about this, says US official.
Giving credit to the leaders of India and Pakistan for trying to resolve the Kashmir issue, the United States has said that it has no direct role in the process except to "nudge" them.
The International Monetary Fund (IMF) has said India and China will account for half of the global economic growth in 2023, as the multilateral agency retained its growth forecast for Asia's third-largest economy for 2023-24 (FY24). "India remains a bright spot. Together with China, it will account for half of global growth this year, versus just a tenth for the US and euro area combined," the IMF said in its latest update to the biannual World Economic Outlook. Growth in India is set to decline from 6.8 per cent in 2022 (FY23) to 6.1 per cent in 2023 (FY24) before picking up to 6.8 per cent in 2024 (FY25), the global lender said while citing "resilient domestic demand despite external headwinds".
The International Monetary Fund (IMF) on Tuesday said it is expecting some slowdown in the Indian economy next fiscal year and projected the growth to 6.1 per cent from 6.8 per cent during the current fiscal ending March 31. The IMF on Tuesday released the January update of its World Economic Outlook, according to which the global growth is projected to fall from an estimated 3.4 per cent in 2022 to 2.9 per cent in 2023, then rise to 3.1 per cent in 2024. "Our growth projections actually for India are unchanged from our October Outlook.
'Domestic will remain very much the core of what IndiGo is.' 'But the emphasis in our next growth phase is going to be on the international side.'
The only real solution to the jobs crisis, whether in India or abroad, is to direct tech innovation towards job enhancing sectors, and disincentivising job-replacing ones, observes R Jagannathan.
India has not been invited to a crucial meeting being convened by Russia on the fast-evolving situation in Afghanistan that is expected to see the participation of Pakistan, China and the US, people familiar with the development said on Thursday.
The envoy's "Tawang visit highlights resolute US support for Indian sovereignty and commitment to local partnerships", Alice G Wells, Acting Assistant Secretary of State in the Bureau of South and Central Asia, said in a tweet on Wednesday.
Chinese Foreign Minister Wang Yi and his Russian counterpart Sergei Lavrov will be the other two participants at the conference. Uncertainty had loomed over the meeting following the cross border clash between Indian and Chinese troops in Galwan Valley on Monday evening.
The US has said India should look toward Central Asian nations.
China's move to devalue its currency has exposed the fragility of its economy.
Since 1975, the United States has welcomed more than 3 million refugees from all over the world.
Taking to Instagram Stories, Anushka shared the screenshot of BCCI secretary Jay Shah's tweet and reacted to the post with three clapping emojis. The actor is set to play former pacer Jhulan Goswami in the upcoming film "Chakda Xpress".
The further expansion and upgrade of the Chinese military does not augur well for India, which continues to confront an increasingly belligerent China on its borders, notes former foreign secretary Shyam Saran.
About 67 per cent of Indian organisations whose data was encrypted paid a ransom to get back their data-a slight increase on the previous year when 66 per cent paid a ransom. In fact, Indian entities were the most likely to pay a ransom of all countries surveyed: the global average was just under a third (32 per cent). These were the findings of the global survey 'The State of Ransomware 2021' conducted by cybersecurity firm Sophos. The survey findings further stated that the total cost of recovery from a ransomware attack has more than doubled in a year, increasing from $761,106 in 2020 to $1.85 million in 2021 globally.
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