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Foreign Exchange Management

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US Accuses Adani Of Bribing Officials

Billionaire Gautam Adani has been charged by US prosecutors for allegedly being part of a scheme to pay $265 million (about Rs 2,200 crore/Rs 22 billion) bribes to Indian officials in exchange of......

India, China special reps meet soon; may resume Manasarovar flight

India and China decided to soon convene a meeting of their special representatives on the boundary question after a gap of nearly five years and inched closer to the resumption of direct flights as......

How The US Helps India Counter The China Threat

Reports (not denied by India) that the USA had 'for the first time provided real-time details to their Indian counterparts on the Chinese positions and force strength in advance of a PLA incursion'......

Rediff's Wave Rider Retires!

After steering the Rediff mothership for close to 29 years, Ajit Balakrishnan, founder, chairman and CEO, did what few businessmen in this country do -- R-E-T-I-R-E. On August 2, 2024, we were......

'Very very unimaginable': Jaishankar on India-China agreement

External Affairs Minister S Jaishankar on Saturday credited the breakthrough agreement with China on patrolling along the Line of Actual Control to the military which worked in 'very very......

RBI to Hold Rates Steady at 6.50%

'The RBI's MPC will maintain the current policy rates (6.50%) at the policy meeting, given ongoing inflationary pressures.' IMAGE: Reserve Bank of India Governor Shaktikanta Das. Photograph: ANI......

Despite US indictment, Adani still has a few supporters

Abu Dhabi's International Holding Company (IHC), one of the largest sovereign funds that manages assets close to $100 billion, has reaffirmed its support to the Adani Group, saying its outlook on......

Rating agencies Moody's, Fitch cut outlook on Adani firms

Ratings agency Moody's said on Tuesday that it has cut the outlook on the ratings of seven Adani entities to 'negative' from 'stable', citing the US indictment of chairman Gautam Adani and others......

Adani Charges Test For US Legal System

US prosecutors' case against Gautam Adani and others may stumble on the extraterritorial application of American law. IMAGEL Gautam Adani, chairman of the Adani Group. Photograph: ANI Photo......

Could Adani Settle With US Accusers?

Though a settlement will provide respite from a long legal battle, legal experts say it may create a perception of guilt. IMAGE: An Adani Group office in Gurugram. Photograph: Priyanshu......

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