The five-day extradition trial of fugitive diamond merchant Nirav Modi will begin from May 11 in a part-remote setting, a UK court has ordered. Modi is fighting his extradition to India over the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case.
Singapore has emerged as the most sought after destination for foreign direct investment by Indian companies, who invested over USD 500 million there in May.
Show me the moolah! Pakistan's former military ruler Pervez Musharraf's party has come out with a rate card for those wanting to join his entourage for his planned homecoming from self-exile -- just USD 2,500 or about Rs 2,50,000.
A New York Times journalist, who has worked in China over a decade, has been forced to leave the country after his visa was not renewed, in an apparent retaliation for the paper's report that alleged Premier Wen Jiabao's family had amassed USD 2.7 billion in assets.
Modi appeared for his regular 28-day "call-over" appearance from London's Wandsworth prison at Westminster magistrates' court, where judge Gareth Branston reconfirmed that his extradition trial will begin on May 11 next year and will last five days.
China's GDP took the worst hit since the disastrous Cultural Revolution in 1976, plummeting by 6.8 per cent in the first quarter of 2020 as the country took unprecedented measures to fight the coronavirus pandemic that brought the world's second largest economy to a standstill. China's gross domestic product stood at 20.65 trillion yuan (USD 2.91 trillion, approx) in the first quarter of 2020 amid the Covid-19 impact, down 6.8 per cent year on year, China's National Bureau of Statistics (NBS) said on Friday.
Three senior executive of JP Morgan Chase & Co's are expected to leave over the US-based global banking giant's over USD 2 billion loss on derivative trades, says a media report.
'It seems PM Modi is running a bank fraudsters settlement company for the likes of Nirav Modi'
Bilateral trade between India and Pakistan may touch USD 10 billion by 2015, if trade and investment barriers are removed, CII said.
Facebook founder and CEO Mark Zuckerberg, along with his three top leutinants, will get about USD 2 million in just salaries and bonuses, but cannot work on creating a rival to the social networking giant.
As many as 126 deals were carried out in which borrowers raised the money through external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs), according to the data released by RBI.
The deal, estimated to be worth USD 2 to 3 billion, has been approved by the state department, the sources said.
Sania Mirza and her new partner Jie Zheng came from behind to beat Natalie Grandin and Darija Jurak and advance to the second round of the WTA Rogers Cup.
Choksi has appealed to the Interpol to not issue an RCN against him as the charges are politically motivated, officials said
The final and last approval for the Adani group's long-delayed billion dollar mega coal mine project came weeks after a surprise election win of Australia's pro-coal ruling coalition led by Prime Minister Scott Morrison.
Wanted diamond merchant Nirav Modi on Thursday lost his fight against being extradited to India as a United Kingdom judge ruled that he can be sent back to face charges of fraud and money laundering in the estimated $2 billion Punjab National Bank scam case.
Real estate developer Lodha group has roped in UK-based Yoo Ltd to design, brand and market one of its two luxury towers coming up in Mumbai.
India's Sania Mirza and her Russian partner Elena Vesnina on Thursday advanced to the women's doubles semifinals of the Dubai Duty Free Tennis Championships with a hard-fought victory over Maria-Jose Matrinez Sanchez and Shahar Peer in Dubai.
Suzuki Motor Corporation (SMC) on Friday said it has terminated the partnership pact with Volkswagen AG (VW) after two years of unsuccessful attempts to gain access to technology from the German firm.
'The killings are a worrisome escalation of tensions, but little is known about the immediate causes or results of the fight in Galwan and it is not possible, at this point, to assign blame'
An "upset" Republican lawmaker from Pennsylvania has donated USD 4,000 in campaign contributions to charity after learning that they came from two men accused of being agents of Pakistan's Inter-Services Intelligence, including Kashmiri separatist leader Ghulam Nabi Fai.
The UN Conference on Trade and Development (UNCTAD) said in a report on Monday that a lower but positive economic growth in India in the post-Covid-19 pandemic period and India's large market will continue to attract market-seeking investments to the country. The World Investment Report 2020 by UNCTAD said that India was the 9th largest recipient of FDI in 2019, with 51 billion dollars of inflows during the year, an increase from the 42 billion dollars of FDI received in 2018, when India ranked 12 among the top 20 host economies in the world.
The Ministry of New and Renewable Energy has been the frontrunner in taking initiatives for promotion and adoption of electric vehicles.
The move comes close on the heels of rival Credit Suisse Group announcing about 2,000 job cuts last month.
In India, many cities lack bicycle lanes and proper pavements. This, coupled with heavily congested roads, creates a danger to cyclists. Furthermore, the low costs of bicycles may make it more economical to buy than to rent.
With economic recovery in the rich countries, especially European nations, remaining fragile, FDI inflows to India plunged by 48 per cent to $1.04 billion in January over the same period last year.
"The figure is showing a recovery in the global markets, especially in European economies," an official said. Mauritius, Singapore, the US, UK, Netherlands, Japan, Germany and the UAE are the major investors in India.
The indictment announced by the department of justice has accused Purinton of shooting and killing Kuchibhotla, and attempting to kill Alok Madasani, also an Indian national, because of their actual and perceived race, colour, religion and national origin.
Maharashtra and the National Capital Region accounted for over 50 per cent of foreign direct investment inflows into the country during the first half of 2010-11, says the latest Industry Ministry data.
In the April-June quarter this year USD 2,916 million was invested across 112 deals, while last quarter saw an infusion of USD 3,361 million across 91 deals, according to a study by Venture Intelligence, a research service focused on Private Equity and M&A transaction activity in the country.
The trial began at the Kaiser Permanente Washington Health Research Institute in Seattle as the first participant received the investigational vaccine.
The move takes the process of extraditing and bringing back Nirav Modi to face the law in India to the next stage, the sources said.
"We will fight our case in court against Pak govt's illegal action," said Saeed.
'To be an immigrant, a South Asian immigrant of colour, a woman to be included in the Portrait Gallery... it really says that we are the country where people look for the people who make a positive impact and celebrate them,' Nooyi, 64, told reporters during the portrait gallery induction ceremony on Sunday.
In domestic market, gold prices had peaked to Rs 39,011 per 10 grams in September and are now ruling at Rs 38,800 per 10 gram.
Australian vice-captain Michael Clarke has opted out of the New South Wales (NSW) squad for the inaugural Champions League Twenty20 tournament in India next month citing heavy workload with the national team.
Ambani is also the year's biggest gainer, adding USD 9.3 billion to his wealth amid the continuing success of his Reliance Jio broadband telco service.
MH-60 Romeo Seahawks would add lethal capabilities of the Indian Navy, which experts say is the need of the hour given the aggressive behavior of China in the Indian Ocean region.
India has paid another staggering US $ 102 million to Russia, to speed up refit work on the aircraft carrier Admiral Gorshkov, pending a final agreement on a huge price hike of almost USD 2 billion demanded by Moscow.
In June 2008, the FDI inflow was USD 2.39 billion. However, the total foreign investment inflows during April-June contracted by over 30 per cent to $7.02 billion over the same quarter of 2008-09.
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