Cleaner balance sheets, regulatory support and strong growth prospects helped Indian private banks attract over $6 billion in foreign capital, with more deals expected in 2026.
Imran Khan's sister claims he is alive but facing mental torture in solitary confinement at Adiala Jail. Concerns arose after an unannounced ban on family visits, leading to social media speculation about his well-being. The government has imposed Section 144 and deployed police to prevent PTI protests.
Pakistan's former spy chief Faiz Hameed has been sentenced to 14 years in jail by a military court after being found guilty of violating the Official Secrets Act and engaging in political activities. This marks the first time a former ISI chief has been convicted.
Abu Dhabi's International Holding Company, one of the first high-profile investors in billionaire Gautam Adani's conglomerate, has decided to sell its stake in two Adani companies. In a disclosure, IHC said it has "entered into a definitive agreement with a buyer to dispose of its FDI investment in Adani Green Energy Ltd and Adani Transmission Ltd". It, however, did not name the buyer.
The Indian History Congress (IHC) has criticized NCERT's new Partition Horrors Remembrance Day modules, alleging they spread falsehoods with communal intent by depicting the Congress as complicit in Partition while absolving the British.
The Islamabad high court is set to hear the petitions requesting the suspension of sentences to Khan and his wife Bushra Bibi in the 190 million Pound Al-Qadir Trust case on June 11.
The process of merging Haldiram's Nagpur and Delhi branches to form Haldiram Snacks Food Private Ltd has been completed, informed its CEO Krishan Kumar Chutani on the social media platform LinkedIn. "A new chapter begins in the Haldiram story, and it's a significant one," Chutani posted on LinkedIn on Monday.
Abu Dhabi's International Holding Company (IHC), one of the largest sovereign funds that manages assets close to $100 billion, has reaffirmed its support to the Adani Group, saying its outlook on investments in the group remains unchanged despite the US indictment of the conglomerate's founder chairman Gautam Adani. "Our partnership with the Adani Group reflects our confidence in their contributions to the green energy and sustainability sectors," IHC, one of Adani group's key foreign investors, said in a statement.
Government-owned Life Insurance Corporation of India (LIC) has seen substantial gains from its investments in Adani group shares, which have experienced a significant recovery over the past year. The value of LIC's stake in Adani group companies surged by 51.6 per cent, or Rs 22,591 crore, reaching Rs 66,388 crore as of Friday's close. This compares to Rs 43,797 crore on May 31 last year, according to stock exchange data.
Coal-to-airports conglomerate Adani group is set to make a splash in the tech world. The group is considering the creation of customised artificial intelligence (AI) models for commercial prospects and consolidating digital services on a super app, according to people in the know. The Adani One app, part of its consumer-facing businesses, is reportedly in talks to expand into e-commerce and digital payments, according to a Financial Times report.
The judges reserved the verdict on Monday after the rival lawyers concluded their arguments on the suspension of the three-year sentence handed down to the 70-year-old PTI chairman by Additional District and Session Judge, Islamabad, Humayun Dilawar on August 5.
Jailed former Pakistan prime minister Imran Khan has invoked the case of Delhi Chief Minister Arvind Kejriwal getting bail to campaign ahead of India's general elections, as he complained before the Supreme Court about the mistreatment meted to him in jail.
A division bench comprising Justice Miangul Hassan Aurangzeb and Justice Saman Rafat Imtiaz heard the Al Qadir trust corruption case, a day after the Supreme Court termed Khan's arrest from the IHC premises on Tuesday as 'invalid and unlawful'.
Former Pakistan premier Imran Khan is set to appear before the Islamabad high court (IHC) on Friday for pre-arrest bail amid tight security as his party announced a rally on the occasion and asked followers to gather nearby the court for the leader's address.
A triumphant Khan returned to his Lahore home on Saturday after having locked himself in the Islamabad high court premises for hours for fear of re-arrest despite being granted bail on Friday.
'My message to the people of Pakistan; I will fight for Haqeeqi Azaadi till the last drop of my blood because for me death is preferable than to be enslaved by these assortments of crooks'
In a major relief for Imran Khan, Pakistan's Supreme Court on Thursday declared the former prime minister's arrest "illegal" and ordered his immediate release after he was produced before a bench on its orders.
The court issued its reserved ruling, upsetting the Pakistan Tehreek-e-Insaf (PTI), which claimed the arrest was illegal and that the IHC would rule in favour of party chief Imran Khan.
Khan took strong exception to the Inter-Services Public Relations (ISPR) allegations against him and said the spokesperson of the army's military wing was not even born when he represented Pakistan in the world.
Khan was taken into custody by the Rangers when he appeared in court on anti-graft charges.
ATC Judge Raja Jawad Abbas heard the PTI party chief's pleas seeking bail in cases about the March 18 violence outside the federal judicial complex in Islamabad and approved Khan's bail against bonds worth PKR 50,000 in all seven cases, the Dawn newspaper reported.
The courts in Pakistan have been flooded with petitions as candidates, mostly backed by jailed former prime minister Imran Khan's Pakistan Tehreek-e-Insaf (PTI), challenged the results of Thursday's general elections, alleging rigging.
Adani Green Energy entered the list of top-10 most valued companies in terms of market capitalisation (m-cap) in the country on Monday after its stock price zoomed 16.3 per cent to hit a new high of Rs 2,701.6 on the BSE. Adani Green Energy's m-cap now stands at Rs 4.22 trillion, surpassing Bharti Airtel, which has an m-cap of Rs 4.16 trillion. With today's rally, the stock has zoomed about 25 per cent in the last two trading days after UAE's International Holding Company (IHC) agreed to invest Rs 3,850 crore in Adani Green Energy through preferential issue.
French energy giant TotalEnergies SE's $300 million investment in clean energy projects of Adani Green Energy Ltd has taken the total investments poured in by global investors in India's largest renewable power producer to $1.63 billion or about Rs 14,000 crore, sources close to the company said. Last week, Total announced it will hold a 50 per cent stake in the new joint venture firm where Adani Green Energy Ltd (AGEL) will hold the rest. The joint venture will hold a portfolio of 1,050 MW, including 300 MW of already operational capacity, 500 MW under construction and 250 MW under-development assets with a blend of solar and wind power.
The Islamabad police said that there was no incident of violence in the country's capital.
Pakistan is bracing for another day of violence that broke out in many cities after the arrest of former prime minister Imran Khan for alleged corruption with the leaders of his party announcing a countrywide strike on Wednesday to protest against the fascist government.
Pakistan's former prime minister Imran Khan, who was arrested by paramilitary Rangers on Tuesday, is facing 121 cases across the country, including for committing treason and blasphemy and inciting violence and terrorism.
Pakistan Tehreek-e-Insaf activists staged a protest after Khan was disqualified by the Election Commission of Pakistan in the prohibited funding case last year.
After hearing the case, the chief justice reserved the judgment without giving a date for its announcement.
Pakistan's Interior Minister Rana Sanaullah on Tuesday said that former prime minister Imran Khan was arrested for causing loss to the national treasury in a corruption case.
The law allowed Jadhav to challenge his conviction in the high court through a review process which was a requirement of the ICJ verdict.
Billionaire Gautam Adani's group on Monday listed out details of the $2.87 billion stake sales in group firms since 2019 and how $2.55 billion of this was ploughed back into business, as it looked to counter Congress leader Rahul Gandhi's claim of Rs 20,000 crore coming in to the conglomerate through 'shell companies'. While investors such as Abu Dhabi-based global strategic investment company, International Holding Company PJSC (IHC) invested $2.593 billion in group firms such as Adani Enterprise Ltd and Adani Green Energy Ltd (AGEL), promoters sold stake in Adani Total Gas Ltd and AGEL to raise $2.783 billion. "These funds were reinvested by promoter entities to support the growth of new business and in portfolio companies such as Adani Enterprises Ltd, Adani Ports and Special Economic Zone Ltd, Adani Transmission Ltd and Adani Power Ltd," the group said.
Pakistan's top election body has imposed a fine of Rs 50,000 on Prime Minister Imran Khan for violating election code of conduct by addressing a rally in Swat ahead of the local government election in Khyber-Pakhtunkhwa.
The IHC, after hearing the arguments, ordered the government to send its order on Jadhav to India and adjourned the hearing until October 3 when the case would be heard again. Pakistan has introduced a special law to allow Jadhav to get his sentence reviewed as asked by the ICJ.
Sharif, 70, has been in London since November last year after the Lahore High Court granted him permission to go abroad for four weeks for treatment.
The court also refused to suspend the conviction in the case until the appeals were decided.
Chief Justice Athar Minallah of the Islamabad high court delivered a reserved verdict during which he also fined the petitioner Maulvi Iqbal Haider Rs100,000, the Express Tribune newspaper reported.
The judge said that the Indian government or Jadhav may reconsider their decision pertaining to the review petition. "India and Kulbhushan Jadhav should once again be extended an offer to appoint a legal representative" for the death row prisoner, he added.
The bench comprising Islamabad High Court (IHC) Chief Justice Athar Minallah and his fellow judge Justice Miangul Hassan Aurangzeb would take up the government plea on Monday, the Pakistani media, including the Geo News, reported.
"What would be your advice for investors?" 'Keep it simple. Don't panic.'
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