With PM Narendra Modi in The Hague, Dutch foreign minister Tom Berendsen decodes the new India-Netherlands strategic partnership, semiconductor focus and the geopolitical imperative for trust-based ties in an exclusive interview to Sachin Parashar.This is the second visit by PM Modi to the Netherlands and the first since the India-EU FTA was announced. What are…
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NEW DELHI: A Delhi court granted Saturday pre-arrest bail to businessman Robert Vadra in a money laundering case tied to a land deal in Haryana, ruling that his “detention in judicial custody is neither necessary nor warranted” after ED chose not to arrest him during its investigation. Special judge Sushant Changotra of Rouse Avenue Courts…
NEW DELHI: Central Electricity Authority (CEA) has proposed a nationwide overhaul of electricity tariffs, recommending a sharp increase in fixed monthly charges paid by consumers as power distributors struggle to recover costs amid rising rooftop solar adoption and migration of industries to captive power.The proposal could eventually mean consumers paying a larger portion of their…
Spot Bitcoin exchange-traded funds (ETFs) recorded $1 billion in weekly net outflows, ending a six-week inflow streak that had drawn a combined $3.4 billion. The week started on a cautiously optimistic note, with Monday posting modest inflows of $27.29 million, according to data from SoSoValue. The tide turned sharply on Tuesday, when investors pulled $233.25…
NEW DELHI: The boards of state-run power sector financiers Power Finance Corporation and REC Limited on Saturday decided to move ahead with the proposal to merge the two entities.In separate stock exchan-ge filings, both companies said their boards had cleared reserving the merger proposal for approval of President of India, as required under their Articles…
India is now a tech-driven land of opportunities, the PM told the diaspora in Hague, urging them to reconnect with the country PM Modi has warned that challenges facing the world could undo the successes of past decades and push a large section of global population into poverty if not addressed, while lauding India’s “unprecedented”…
Investors are mispricing risk for perpetual preferred stocks, like Bitcoin treasury company Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), according to Matt Dines, the chief investment officer of credit asset management company Build Markets. The corporate issuers of perpetual preferred stocks never have to repay holders their principal investment, and can just…
NEW DELHI: Chief Justice Surya Kant Saturday said he ‘was pained’ by a section of media misquoting his comments on youth during courtroom proceedings on Friday and clarified that his angst was against those joining the legal profession with bogus degrees and behaving like parasites.In a statement, CJI Kant said, “What I had specifically criticised…
