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Jared Isaacman Tapped by Trump to Lead NASA: Billionaire Space Enthusiast’s Next Big Mission In a move that has sparked widespread discussion, former U.S. President Donald Trump has named billionaire space entrepreneur Jared Isaacman as his choice to lead NASA. The announcement comes as part of Trump’s broader vision to revitalize America’s space program, emphasizing … Read more
On November 20, 2024, the U.S. federal prosecutors in Brooklyn unsealed a five-count indictment against Gautam S. Adani, the chairman of the Adani Group, along with seven other senior executives. The charges include conspiracies to commit securities and wire fraud, as well as substantive securities fraud. The indictment alleges that Adani and his associates orchestrated … Read more
In Short · U.S. Bribery Charges: The Adani Group and its chairman, Gautam Adani, face U.S. allegations of a $250 million bribery scheme to secure solar energy contracts, triggering legal and reputational challenges. · Political Fallout in India: Opposition parties, led by Rahul Gandhi, accuse the BJP government of cronyism and demand investigations, while the … Read more
The last standalone commercial flights of Vistara, India’s most respected full-service airline, occurred on November 11, 2024, as the merged entity marked the birth of a new air under a new banner of Air India. It, thus, saw the end of its decade-long journey in the Indian aviation space. A Decade of Excellence Vistara is … Read more
SBI Q2 Results: Strong Profit Growth Amid Improved Asset Quality and NII Surge State Bank of India (SBI) has reported a strong set of results for the second quarter (Q2) of FY25, showcasing impressive profit growth, robust Net Interest Income (NII), and enhanced asset quality. The performance reflects the bank’s strategic focus on improving its … Read more
Indian Rupee Hits Record Low Amidst Global Market Turbulence Post U.S. Election The Indian rupee has recently plummeted to an unprecedented low against the U.S. dollar, trading at 84.28 per dollar on November 6, 2024. This significant depreciation is attributed to a confluence of global economic factors, notably the aftermath of the U.S. presidential election, … Read more