The proposed visit is expected to build on the momentum generated by Egyptian President Abdel Fattah El-Sisi’s trip to India in January when he was the chief guest at the Republic Day celebrations. NEW DELHI: Prime Minister Narendra Modi is expected to visit Egypt this month, on his way back from a trip to the US,...
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Adani’s debt metrics show improvement, says CreditSights analyst
The analyst who kicked off scrutiny of Adani Group’s finances nearly a year ago byterming the conglomerate “deeply overleveraged” has upgraded his view, saying some ofthe Indian billionaire’s firms now have better metrics. Adani Enterprises Ltd., Adani Power Ltd. and Adani Ports & Special EconomicZone Ltd. have moderate leverage, Lakshmanan R, senior research analystat CreditSights,...
UAE heating up as temperatures set to approach 50°C this week
The UAE is gearing up for another scorching summer, with temperatures set to approach 50°C this week. The National Centre of Meteorology has forecast an increase in the mercury across the Emirates, with dust storms also expected. Temperatures are set to peak at 48°C in Sila, in the western region of Abu Dhabi, on Thursday. The weather...
Ukraine dam: Thousands flee homes as towns and villages flooded
UN aid chief Martin Griffiths said the scale of the catastrophe at the Kakhovka dam in southern Ukraine would only become clear in the coming days. Thousands have fled flooded homes in the area, an active war zone. There are fears water levels could rise further. Ukraine and Russia have accused each other of blowing...
New Delhi-San Francisco Air India flight with 216 passengers diverted to Russia’s Magadan after engine glitch
The Air India flight AI173, operating from Delhi to San Francisco, has developed a technical issue with one of its engines. An Air India flight, operating from New Delhi to San Francisco, made an emergency landing at Magadan airport in Russia on Tuesday after developing a technical issue with one of its engines. The flight AI173 was...
Clash of the Titans as India and Australia lock horns at WTC final
India and Australia will square off in the second over ICC World Test Championship final at the Oval in London from tomorrow. And while it will be a second final for India, who went down to New Zealand by eight wickets in the inaugural iteration in Southampton, Australia will be contesting the final for the...
BBC admits it paid lower taxes in India
BBC on Tuesday accepted that the company has been paying lower taxes in India than its liability, Times of India reported quoting government sources. The broadcaster has been under the lens of the Income Tax department for a few months ago when authorities ‘surveyed’ its offices in Delhi and Mumbai for consecutive three days It is only a statement of intent so...
BJP’s Vijay Rupani kicks off campaign in run-up to Lok Sabha 2024 polls
Former Gujarat Chief Minister Vijay Rupani Monday kicked off the BJP’s campaign, revolving around the Narendra Modi-led government’s nine-year tenure at the Centre, for the upcoming Lok Sabha elections, from Chandni Chowk. Rupani called on several residents of the Chandni Chowk parliamentary constituency during his visit as part of the BJP’s ‘Sampark se Samarthan’ programme, including poet...
BJP sees ‘irony’ in Rahul Gandhi, White House remarks on Indian democracy: ‘tight slap’
The White House on Monday dismissed concerns over the health of democracy in India and said anybody who happens to go to New Delhi can see that for themselves. Hitting out at Rahul Gandhi over his recent statements during his US visit, the Bharatiya Janata Party (BJP) on Tuesday said that the remarks of the White...
Honoured to accept’: PM Modi on invitation to address US Congress
It will be the second time that PM Modi will address a joint meeting of the US Congress, the first being in 2016 Prime Minister Narendra Modi on Tuesday took to Twitter to US Speaker Kevin McCarthy’s invitation to address the US Congress during his state visit to the United States on June 22.“Thank you @SpeakerMcCarthy, @LeaderMcConnell,...