Business Archives - Page 6 of 41

The Adani Group Loses $55 Billion in the US

27Nov

By Aqsa AzamNo Comments

Business, Global

The Adani Group Loses $55 Billion in the US

The Adani Group, an Indian conglomerate, has reported a significant loss of nearly $55 billion in market capitalization following the recent US charges against its founder and other officials for fraud. The company strongly denies these allegations. The Adani Group in India reported a staggering loss of nearly $55 billion in market value following accusations from US prosecutors of fraud and bribery. The charges, filed on November 20, 2024, accuse the conglomerate’s founder, Gautam Adani, and several of his associates of misleading investors and offering bribes to Indian government officials to secure lucrative contracts. The indictment, brought by the US Department of Justice, alleges that Adani and his team orchestrated a scheme to offer and promise bribes to government officials ...

Belarusian President Arrives in Islamabad for Three-Day Visit

25Nov

By Aqsa AzamNo Comments

Business, Pakistan

Belarusian President Arrives in Islamabad for Three-Day Visit

Belarusian President Aleksandr Lukashenko arrived in Islamabad on Monday for a three-day state visit. Multiple agreements and Memorandums of Understanding (MoUs) are expected to be signed, signaling strengthened collaboration. Security in Islamabad has been heightened due to opposition-led protests, with the Red Zone, sealed to protect key areas. Belarusian President Aleksandr Lukashenko arrived in Islamabad on Monday for a three-day state visit at the invitation of Prime Minister Shehbaz Sharif. The visit aims to strengthen ties between Pakistan and Belarus through high-level discussions and agreements. Prime Minister Shehbaz Sharif warmly received President Lukashenko at Nur Khan Airbase. He was accompanied by senior officials including Foreign Minister Ishaq Dar, Interior Ministe...

China’s Sinkholes: A Natural Wonder Under Threat

23Nov

By Aqsa AzamNo Comments

Business

China’s Sinkholes: A Natural Wonder Under Threat

China's sinkholes, known as "tiankeng" or "heavenly pits," are awe-inspiring natural wonders that have recently gained popularity as tourist destinations. These massive sinkholes, some reaching depths of over 300 meters, are home to unique ecosystems and ancient forests. China's Guangxi province is home to extraordinary sinkholes, or "tiankeng," attracting both adventurers and scientists. These China's giant pits, created when underground rivers erode limestone, have revealed ancient ecosystems untouched for centuries. One recent discovery in 2022 uncovered a forest with 40-meter-tall trees, sparking global interest. The sinkholes are rich in biodiversity, harboring plants and animals previously thought extinct. Species like rare orchids, white cavefish, and unique spiders thrive in...

Donald Trump Elected 47th U.S. President

6Nov

By Aqsa AzamNo Comments

Business

Donald Trump Elected 47th U.S. President

Donald Trump wins a historic and surprising victory, marking his return to the White House as the 47th US President. Trump secures at least 277 electoral votes, surpassing the 270 needed, with key wins in Wisconsin, Pennsylvania, Georgia, and North Carolina. In a historic and surprising turn, Donald Trump has been elected as the 47th President of the United States, marking his return to the White House. Trump’s victory was confirmed early Wednesday by The Associated Press after he surpassed the 270 Electoral College votes needed, securing wins in critical battleground states such as Wisconsin, Pennsylvania, Georgia, and North Carolina. With at least 277 electoral votes, Trump triumphed over Democratic opponent Kamala Harris, who currently holds 224 votes. Trump’s campaign resonated ...

Fashion Icon Rohit Bal Passes Away at 63

2Nov

By Aqsa AzamNo Comments

Business

Fashion Icon Rohit Bal Passes Away at 63

Rohit Bal, the renowned Indian fashion designer, passed away on Friday, November 1, 2023, at the age of 63. He had been battling a prolonged heart condition and was hospitalized in November 2024 due to complications related to his pre-existing cardiac condition. The fashion world mourns the loss of celebrated designer Rohit Bal, who passed away at the age of 63. According to Indian media reports, Bal was admitted to the ICU a week prior to his final show in October. After being discharged, he was admitted again to Aashlok Hospital in Delhi on Wednesday, where he suffered a cardiac arrest and passed away on Friday. Known for his remarkable contributions to Indian fashion, Bal brought India’s rich cultural heritage into the global spotlight through his innovative and elegant designs. ...