• Monday, May 06, 2024

UK to give $1.2bn boost to India’s green growth

THE UK and India on Thursday (2) signed a $1.2bn package of public and private investment in green projects to tackle climate change. Indian finance minister Nirmala Sitharaman and UK chancellor Rishi Sunak have cleared the agreement at the 11th UK-India Economic and Financial Dialogue (EFD) held via video conference.…

Manufacturing, construction push India’s growth to record 20.1%

INDIA's economy expanded by a record 20.1 per cent between April and June, official data showed Tuesday (31), boosted by the manufacturing and construction sectors as growth rebounded from last year's strict months-long pandemic lockdown. It was the biggest growth on record since New Delhi started publishing quarterly statistics in…

Bharat Biotech scouts international Covid-19 vaccine partners

INDIAN vaccine maker Bharat Biotech is seeking international manufacturing partners as it targets a billion doses of its Covid-19 vaccine each year, the company said on Sunday (29). COVAXIN, the company's home-grown Covid-19 vaccine approved for emergency use in India, is one of two shots driving the country's massive vaccination…

Future Retail files another case in Supreme Court against Amazon

A NEW case has been filed by India's Future Retail at the Supreme Court against the US giant Amazon. It is part of the latest efforts by the Indian retailer to seek clearance for its $3.4 billion retail assets sale. Amazon has challenged the deal. This month, India's top court ruled…

Last UK military flight leaves Afghanistan

BRITAIN has evacuated more than 15,000 people in the two weeks since the Taliban took control of Afghanistan. The last military flight left Kabul late on Saturday (28) ending nearly 20 years of British military presence in the country. "The final flight carrying UK Armed Forces personnel has left Kabul," Britain's…

Four men including a priest charged with rape, murder of…

A priest and three other men have been charged with the gang rape and murder of a low-caste nine-year-old girl, Indian police said, in a case that sparked days of protests in New Delhi. The girl was allegedly assaulted by the priest, 53, and three workers on August 1 after…

Covid cases rise: 2 Indian states urged to consider night…

INDIA has asked the states of Kerala and Maharashtra to consider night curfews in areas with high Covid-19 case numbers as the country reported more than 40,000 new infections for two days in a row on Friday (27). Cases fell to a five-month low of 25,166 in the middle of…

Supply chain start-up Delhivery plans $1bn IPO

INDIAN logistics & supply chain start-up Delhivery plans to file its draft prospectus in October for its Initial Public Offering (IPO) to raise about $1 billion, Bloomberg reported. The IPO is likely to hit the market before March next year. The Delhi headquartered company, backed by SoftBank Vision Fund &…

Exclusive: ‘Afghanistan will become terror base’

BRITAIN’S top counter-terrorism police officer has warned that Afghanistan will again become a base for exporting terrorism, and predicted lone-wolf attacks “probably within two years”. In an exclusive interview with India Weekly, assistant commissioner at the Metropolitan Police, Neil Basu, said the Taliban take-over in Afghanistan earlier this month will…

PNG bans India flights over Covid breach

PAPUA NEW GUINEA banned flights from India indefinitely and accused the South Asian country's diplomats of "deception" over apparent breaches to Covid-19 travel rules. The Melanesian nation's top Covid-19 official said in an act of deliberate "deception" India's High Commission helped dozens of unauthorised travellers -- some Covid-positive -- to…

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