Adani did not remit savings from India tax break it got: Bangla govt
Financial Express Lucknow|December 20, 2024
BANGLADESH'S INTERIM GOVERNMENT has accused Adani Power of breaching a multi-billion-dollar energy supply agreement by withholding tax benefits that a power plant central to the deal received from New Delhi, according to documents seen by Reuters.
KRISHNAN DAS

In 2017, the company controlled by Gautam Adani signed an agreement with Bangladesh to provide power from its coal-fired plant in eastern India. Dhaka has said it hopes to renegotiate the deal, which was awarded by ousted Prime Minister Sheikh Hasina without a tender process and costs Bangladesh far more than its other coal power deals, according to official documents as well as interviews with six Bangladesh officials.

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FINANCIAL EXPRESS LUCKNOW DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Financial Express Lucknow

Three shots that sank India in fourth Test

\"AAJ KAYA pehlewaala? (Today's or the previous one?),\" Rohit Sharma queried when a question was asked about Rishabh Pant's shot in the final session on the final day that changed the game, even as India plunged to a 184-run defeat to Australia, bundled for 155 chasing 339 in the fourth innings at Melbourne.

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2 dak  |
December 31, 2024
Financial Express Lucknow

Bears gain ground, bulls sober up

INDICES SCALED NEW HIGHS IN FIRST 9 MONTHS, RALLY LOST ITS LEGS AFTER SEPT

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3 dak  |
December 31, 2024
Financial Express Lucknow

AI-based warfare, cyberattacks pose big challenge, says Rajnath

DEFENCE MINISTER RAJNATH Singh said on Monday that unconventional methods like Artificial Intelligence-based warfare and cyberattacks pose a big challenge.

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1 min  |
December 31, 2024
Financial Express Lucknow

₹18,000 a month for priests, granthis if AAP wins: Kejriwal

WITH AN EYE on Delhi's Pandit and Sikh voters, Aam Aadmi Party (AAP) national convenor Arvind Kejriwal Monday announced his fifth poll promise -- ₹18,000 a month to all pandits and pujaris working in temples and granthis in gurdwaras across the city if the party returns to power in the Assembly election next year.

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1 min  |
December 31, 2024
Financial Express Lucknow

Isro's PSLV-C60 lifts off with SpaDeX spacecraft

ISRO'S PSLV-C60 rocket carrying two spacecraft that would aid in demonstration of space docking, a critical technology for future space missions, lifted off from the spaceport here late on Monday.

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1 min  |
December 31, 2024
Financial Express Lucknow

Mamata's Sandeshkhali outreach: Don't pay anyone for state benefits

ON HER FIRST visit to Sandeshkhali since protests erupted over alleged land grabbing and sexual harassment of women by local TMC leaders, West Bengal CM Mamata Banerjee on Monday asked its residents not to pay anyone to avail benefits of state-run schemes.

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1 min  |
December 31, 2024
Financial Express Lucknow

Medium-term outlook uncertain: RBI

THE MONETARY POLICY Committee (MPC) is widely expected to cut the key repo rate by 25 bps at its next meeting although the rate cut cycle is expected to be a

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1 min  |
December 31, 2024
Financial Express Lucknow

Sanjay Malhotra: Dove, hawk or owl?

YET, HE HAS to face a unique set of immediate challenges – chiefly, the unfinished agenda of reining in inflation within the target band amid signs of a growth slowdown, and complexities caused by a certain intractability of global inflation and a falling rupee.

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3 dak  |
December 31, 2024
Financial Express Lucknow

Govt says ₹17,581 crore invested under PLI scheme for specialty steel till Oct

THE COMPANIES HAVE invested ₹17,581 crore under the production-linked incentive (PLI) scheme for specialty steel till October 2024, the government said on Monday.

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1 min  |
December 31, 2024
Financial Express Lucknow

Bandh call by farmers halts Punjab, SC hearing today

A NINE-HOUR bandh call by protesting farmers under the banner of the Kisan Mazdoor Morcha (KMM) and the Samyukt Kisan Morcha-Non Political (SKM-NP) over several demands, including legal guarantee for MSP, brought Punjab to a halt on Monday.

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1 min  |
December 31, 2024