Bangladesh Accelerates Efforts To Clear Power Supply Dues To Adani Group
The interim government in Bangladesh has announced a renewed effort to settle its outstanding dues with Adani Power Jharkhand, which have reportedly accumulated to $850 million (approximately Rs 7,200 crore). The government attributes this backlog to the previous administration led by Sheikh Hasina.
"We are doing our best to expedite the payment. You have seen our forex reserves start to increase; they have made a comeback. We hope to make the international payment soon," Shafiqul Alam, press secretary to interim government chief adviser Muhammad Yunus, stated during a press briefing in Dhaka, according to Bloomberg.
Alam expressed confidence that the interim government would succeed in making the payment quickly.
The Indian government has distanced itself from the situation, emphasising that it has no role in the contract between the two parties. "This issue is between two parties. There is a contractual obligation between them: one is a private organisation and the other is the government of Bangladesh. Government of India has no role in this contract," stated Randhir Jaiswal, spokesperson for the Ministry of External Affairs, during a press conference on Saturday.
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Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
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Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
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Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
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Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
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AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
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Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
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The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
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Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
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Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
