Tesla chief Elon Musk is set to announce an investment in India of $2-$3 billion, mainly for building a new factory, when he visits New Delhi next week to meet Prime Minister Narendra Modi, two sources familiar with the discussions said. Elon Musk will meet PM Modi on Monday during his India trip, when the billionaire is expected to unveil...
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Dubai rain: Airport flooded, India flights hit; schools shut, cars under water
Torrential rain across the United Arab Emirates caused widespread flooding around the desert country, prompting Dubai’s major international airport to divert scores of incoming flights on Tuesday, April 16. The rain also forced Dubai International Airport to suspend operations for 25 minutes, schools to shut and brought traffic to a standstill The website for Dubai airport, one of the world’s busiest,...
US expects to impose further sanctions on Iran ‘in the coming days’
We’re going to pause our coverage of the conflict in the Middle East for now, as Israel continues to consider its response to Iran’s attack on its territory on Saturday. Here’s an look back at what happened today: Israel’s response: Israel’s war cabinet is debating how to respond to Iran’s attack, in which more than 300 missiles and drones were fired...
Rupee Weakens To Record Low Against US Dollar Amid Iran-Israel Conflict
The rupee depreciated 9 paise to 83.53 against the US dollar in early trade on Tuesday, weighed down by a strong American currency and elevated crude oil prices. Forex traders said a negative trend in domestic equities and sustained foreign fund outflows also dented investor sentiments. According to interbank foreign exchange, the rupee opened at 83.51 against the dollar and...
US: Trump leads Biden by slim 1% margin in latest poll
Former president and Republican frontrunner Donald Trump is leading in six of the seven key swing states for the US presidential election, which is set to be held in November 2024. In the key battleground states of Pennsylvania, Michigan, Arizona, Georgia, Nevada, and North Carolina, Donald Trump appears to be leading President Biden by margins ranging from 2% to 8%...
India Responds As Iran Fires Drones At Israel In Major West Asia Escalation
India is seriously concerned at the escalation of hostilities between Israel and Iran that threatens the peace and security in the West Asia region, the Ministry of External Affairs said today, hours after Iran launched a drone and missile attack on Israel. “We call for immediate de-escalation, exercise of restraint, stepping back from violence and return to the path of...
Israel pounds Gaza as Iran’s retaliation threat puts region on edge
Residents reported heavy Israeli fire in central Gaza on April 12, with regional tensions soaring after Iran threatened reprisals over a strike in Syria this month that killed two Iranian generals. As talks for a truce and hostage release dragged on, fears that Iran could soon launch an attack on Israel prompted the United States to announce it was sending reinforcements to...
World’s Largest Renewable Energy Park Now In India – 5 Times Larger Than Paris
A narrow airstrip that doesn’t even have an air traffic controller to guide incoming airplanes and whose only infrastructure is a portable toilet and a make-shift office in a container in the midst of miles of barren land bordering Pakistan is an unlikely gateway to the world’s largest renewable energy park. The airstrip was even smaller in December 2022, when...
Vietnam Billionaire Sentenced To Death Over Multi-Billion Dollar Fraud
A top Vietnamese property tycoon was sentenced to death on Thursday in one of the biggest corruption cases in history, with an estimated $27 billion in damages. A panel of three hand-picked jurors and two judges rejected all defence arguments by Truong My Lan, chair of major developer Van Thinh Phat, who was found guilty of swindling cash from Saigon...
Middle East on brink, Israel prepares for ‘other fronts’ amid Iran threat
The threat of war looms large in the Middle East as Israel said it was preparing for “scenarios in other areas” amid its ongoing military operation in Gaza. This comes amid concerns that Iran was preparing to strike the country in retaliation for airstrikes on its consulate in Syria on April 1. The strike, which killed a top Iranian general...
U.N. climate chief says two years to save the planet
Governments, business leaders and development banks have two years to take action to avert far worse climate change, the U.N.’s climate chief said on April 10, in a speech that warned global warming is slipping down politicians’ agendas. Scientists say halving climate-damaging greenhouse gas emissions by 2030 is crucial to stop a rise in temperatures of more than 1.5 Celsius...
Elon Musk Confirms India Visit, Says Looking Forward To Meeting PM Modi
Tesla founder Elon Musk on Wednesday confirmed that he would be visiting India later this month and meeting Prime Minister Narendra Modi. According to sources, he is likely to announce the company’s investment plans in the country. Taking to X, the billionaire executive said he was looking forward to meeting PM Modi. Reuters has previously reported that Tesla officials are...