An upcoming book by investigative journalist Chitra Subramaniam claims that senior Indian bureaucrats "tutored" Bofors officials in a secret meeting in 1987 on how to absolve then Prime Minister Rajiv Gandhi of all blame in the infamous bribery scandal. The book, "Boforsgate," details how the meeting was held to cover up the alleged Rs 64 crore bribe in a Rs 1,437 crore deal for Howitzer guns, and how Indian officials provided advice on concealing information from investigators. Subramaniam's revelations are based on documents provided to her by the Swedish head of police investigating the Bofors case.
'Selling could further intensify and take the index towards 22,800-22,750 in the near-term.'
Two Elon Musk from November 2024 surfaced online over the weekend in which he can be seen criticising the US' F-35 fighter aircraft which President Donald J Trump offered to sell India during Prime Minister Narendra D Modi's visit to the White House on Thursday.
Bill Aitken came to India nearly 60 years ago. He never returned. An Indian citizen since 1972, he tells Rediff.com's Archana Masih how India changed his life forever.
Tahawwur Rana, accused in the 2008 Mumbai terror attacks, has been extradited to India after the US Supreme Court denied his last-ditch effort to avoid being sent back. Rana, a close associate of David Coleman Headley, another key conspirator in the attacks, was expected to be extradited "shortly" after his legal appeals failed. This decision comes after a multi-agency team from India traveled to the US to complete all necessary paperwork and legalities with the US authorities. Rana's extradition marks a significant development in the pursuit of justice for the victims of the Mumbai attacks.
Adani Group on Friday raised Rs 4,850 crore from the sale of 13.5 per cent of its stake in Fortune oil maker Adani Wilmar as part of a strategy to exit non-core activities to focus on main infrastructure business. The conglomerate, which last month announced its exit from Adani Wilmar by selling the bulk of its stake to a joint venture partner, had on Thursday announced sale of 17.54 crore shares (13.50 per cent equity) in the company on January 10 (to non-retail investors) and on January 13 (to retail investors) at a floor or minimum price of Rs 275 apiece.
'It won't be a V-shaped recovery. It'll be consolidation.' 'Investors might exit during that grind. It'll be painful.'
Zelenskyy further said that the assault occurred overnight and into the morning, and involved a barrage of approximately 120 missiles and 90 drones, including Shaheds, Zircons, Iskanders, and Kinzhals.
Going into the ground, some Israel fans wore both Israeli and French colours. Two wore a t-shirt with Israeli club side Maccabi Tel Aviv's logo on the front and the words "Ni Oubli Ni Pardon" (Never Forgive Never Forget) on the back.
Equity benchmark indices are facing massive corrections, with the NSE Nifty declining over 14 per cent from its lifetime high hit in September last year due to several negative triggers like stretched valuations, foreign fund exodus, disappointing quarterly earnings and rising global trade tensions dragging markets lower. The BSE benchmark Sensex hit its record peak of 85,978.25 on September 27 last year, and the Nifty also reached a lifetime high of 26,277.35 on the same day.
Unprecedented bribery charges, farewells, separation, failed union, monumental mergers and record-breaking IPOs, along with a healthy dose of online happenings in the form of spat and lessons in customer care, corporate India saw it all in 2024.
President Donald Trump signed an executive order withdrawing the US from the UN Human Rights Council and prohibiting any future funding for the UN agency for Palestinian refugees. Trump also directed the US to review its participation in UNESCO, citing concerns about anti-Semitism and anti-Israel sentiment within the organizations. The executive order argues that the UNHRC, UNESCO, and UNRWA have drifted from their missions and act contrary to US interests. Trump previously halted funds for UNRWA during his first term, and President Joe Biden put a block on US funds for UNRWA in January 2024 over allegations that staff for the agency participated in Hamas's October 7, 2023, attack against Israel.
The trigger for international gold prices rising to $3,000 per ounce was Germany's upcoming heavy government borrowing.
The Delhi High Court granted two-day custody parole to jailed J&K MP Abdul Rashid Sheikh, allowing him to attend the ongoing Parliament session. The court imposed certain restrictions on Rashid, including a ban on using a cellphone or addressing the media, and ordered that he be escorted by armed police personnel to and from the Lok Sabha. The decision came after a legal battle between the National Investigation Agency (NIA), which argued against the parole, and Rashid's lawyers, who highlighted the importance of his representation in Parliament during the budget session. Rashid's case is linked to funding separatist activities in Jammu and Kashmir and connections to designated terrorist Hafeez Saeed.
On Wednesday, September 21, Russian President Vladimir Putin announced a 'partial mobilisation' of some 300,000 reservists with immediate effect in the wake of setbacks suffered by the Russian military in its raging conflict with Ukraine.
DOGE Leader Elon Musk said, "My guess is that a lot of that money ended up in the pockets Hamas, not actually condoms.
Top commanders of the Indian Army deliberated on the Russia-Ukraine war and Israel-Hamas conflict at a five-day conclave to draw relevant lessons besides focusing on ways to make the force 'future ready' in line with with emerging contours of threats and challenges.
The Israeli army claims it has hit more than 400 targets in Gaza, including in southern Khan Younis where thousands of Palestinians fled to escape the Israeli attacks in north Gaza.
It is crucial to prevent regional escalation and ensure the safe release of all hostages, Modi said.
Sections of our media and elites take Western reports/judgements at face value and are ready to condemn the targets without understanding the deeper power linkages behind such actions, asserts Colonel Anil A Athale (Retd).
The only family Meghana lived with after losing her parents and brother in the tsunami was her dog, Alex. When Alex died after 13 years, she took her ashes to where her own family lay under the ocean. "I wanted her to join the rest of my family and that is one of the best things I have done."
The situation in Syria remains a focal point for all the neighbouring nations after Syrian rebels on Sunday entered the capital Damascus, forcing Assad to flee, ending his over two-decade rule in the country.
After the 1962 War with China, there was a demand to forge greater defence cooperation between India and the West. One such voice was that of Sudhir Ghosh, a distinguished MP, to tie up strategic cooperation with the USA immediately after the Chinese attack on India, recalls Rup Narayan Das.
Refuting the opposition's claim that Manipur 'is burning', a senior government functionary said on Thursday that no killing has happened in the state since July 18 and asserted that peace and normalcy will be restored soon through ongoing talks with the two warring communities -- Meiteis and Kukis.
India evacuated 75 of its nationals from Syria two days after rebel forces overthrew President Bashar Assad's authoritarian government.
US President Donald Trump has called on Jordan and Egypt to take in more Palestinian refugees from Gaza, advocating for a "clean out" of the area ravaged by the Israel-Hamas war. Trump spoke with King Abdullah II of Jordan on this matter and plans to discuss it with Egyptian President Abdel Fattah el-Sisi. He suggested housing for the refugees at a different location, potentially temporary or long-term, to enable a fresh start for the region. Trump also lifted the hold on sending 2,000-pound bombs to Israel, a decision made by the previous Biden administration.
Investors will take cues from the December quarter corporate earnings, with blue-chips like Infosys, Reliance Industries scheduled to report their results this week, in addition, inflation data and trading activity of foreign investors will also be crucial in dictating market trends, analysts said.
An eyewitness captured a video verified by Reuters showing a group of men running near Amsterdam central station, chasing and assaulting other men, as police sirens sounded.
'If gold's recent surge has increased its allocation beyond 15 per cent in your portfolio, now may be a good time to rebalance.'
Debutants Afghanistan will aim to continue their impressive rise in white-ball cricket, while South Africa will once again attempt to shed the 'chokers' tag when the two sides kick-off their Champions Trophy campaign in Karachi on Friday.
'The greatness of India can be experienced by meeting Indians on the frontiers of India.' 'Every citizen on the border is a soldier'
The head of Syria's main opposition group abroad Hadi al-Bahra Syrian said that Damascus is now "without Bashar al-Assad" according to Reuters.
Carter was in politics, but not a politician, certainly not a transactional politician, points out Shreekant Sambrani.
The stage may be set for a recalibrated US-Iran relationship, suggests Ambassador M K Bhadrakumar.
Photos from a suburb of Beirut in the south, where Hezbollah is widely supported, according to The Washington Post, showed massive damage to cars and buildings as well as rubble in the streets.
'Trump's aggressive stance towards China and preference for military posturing could shift the Quad's balance towards overt militarisation.'
The $22.8 billion CK Hutchison ports deal intensifies geopolitical tensions between the US and China. Chinese media has already called it 'a betrayal of all Chinese people'. Shyam G Menon explains how the proposed sale will reshapes global trade infrastructure.
The sources further stated that all the Indian nationals there are safe and the embassy remains available to assist them in the crisis-hit nation.
'Trump will absolutely back New Delhi on its position that Pakistan must do more to crack down on terrorists that threaten India.'
'Hamas terrorists are hiding in Gaza city inside tunnels, underneath houses and inside buildings populated with innocent Gaza civilians. Civilians of Gaza city evacuate south for your own safety and the safety of your families and distance yourself from Hamas terrorists who are using you as human shields'
