Adani pins hopes on 20% growth to repay $23 bn debt

Adani pins hopes on 20% growth to repay $23 bn debt

Friday, 31 March 2023 | PTI | New Delhi

Embattled Adani Group is looking at a 20 per cent growth in earnings across businesses spanning from sea ports to airports, edible oil and commodities, energy, cement and data centres, to repay about USD 23 billion of debt over the next 3-4 years in a comeback strategy, sources said. Adani group...

Emerging Hydrogen economy, finest alternative to polluting fossil fuel: Prof Ganesh

Friday, 31 March 2023 | Agencies

A safe solution to problems caused by pollution and an alternative to fossil fuels like petroleum and coal was 'hydrogen,' and India has now launched its mission to produce, use, and export it, Krishna N Ganesh, Professor and Director, Indian Institute of Science Education and Research, Tirupati, said on Wednesday. While...

PM Modi calls uniform tariff for gas pipeline as noteworthy reform

Friday, 31 March 2023 | IANS | New Delhi

Prime minister Narendra Modi on Friday described the implementation of a uniform tariff by Petroleum and Natural Gas Regulatory Board (PNGRB) as a noteworthy reform in the energy and natural gas sector. In response to a tweet thread by Petroleum Minister Hardeep Puri, Modi tweeted, "Noteworthy reform in the energy and...

Gold prices go up on Friday

Friday, 31 March 2023 | IANS | Chennai

Gold prices on Friday -- the last day of the week and FY23 -- went up with the investors booking profits, said an expert. According to Navneet Damani, Senior Vice President, Commodity Research, Motilal Oswal Financial Services, gold and silver prices witnessed profit booking after gaining by more than 1 per...

Markets end last trading day of FY23 in style; Sensex Nifty rally nearly 2 pc on firm global trends

Friday, 31 March 2023 | PTI | Mumbai

Benchmark indices Sensex and Nifty ended the last day of 2022-23 fiscal with nearly 2 per cent jump on Friday in line with firm trends in the global markets and heavy buying in index major Reliance Industries. Fresh foreign fund inflows also added to the positive momentum in the equity market. The...

Russia arrests WSJ reporter for spying

Friday, 31 March 2023 | AP | Moscow

Russia’s security service arrested an American reporter for The Wall Street Journal on espionage charges, the first time a US correspondent has been detained on spying accusations since the Cold War.  The newspaper denied the allegations.Evan Gershkovich was detained in the Ural Mountains city of Yekaterinburg while allegedly trying to...

Chinese State-sponsored hacking group highly active, says report

Friday, 31 March 2023 | AP | Bangkok

A Chinese hacking group that is likely state-sponsored and has been linked previously to attacks on U.S. state government computers is still “highly active” and is focusing on a broad range of targets that may be of strategic interest to China’s government and security services, a private American cybersecurity firm...

‘Russian spy operations weakened in Nordic nation’

Friday, 31 March 2023 | AP | Helsinki

Expulsions of Russian intelligence officers and visa refusals have substantially weakened Moscow's intelligence operations in neighbouring Finland in the past year, the Finnish Security and Intelligence Service said Thursday.  The intelligence agency, known by the abbreviation SUPO, said in a statement that Russian intelligence has been “squeezed” in the Nordic...

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