India increases spending in latest budget before election

India increases spending in latest budget before election

NEW DELHI, Feb 1 (Reuters) – India’s government on Wednesday unveiled a $550 billion budget for the next fiscal year which starts on April 1, with a record capital spending plan while containing the budget deficit. Prime Minister Narendra Modi’s party, which faces elections in key states this year and a national vote in 2024, … Read more

Breakingviews: Gautam Adani’s next hurdles may be tougher to clear

Breakingviews: Gautam Adani’s next hurdles may be tougher to clear

HONG KONG, Feb 1 (Reuters Breakingviews) – It helps to have friendly investors and wealthy families on hand when finalizing a tricky stock sale. These groups dragged Gautam Adani’s $2.4 billion capital call to the finish line on Tuesday, despite a sell-off sparked by Hindenburg Research’s short attack on the eponymous infrastructure conglomerate. The feat … Read more

Suspects arrested in Pakistan mosque blast, police focus on how suicide bomber got in

Suspects arrested in Pakistan mosque blast, police focus on how suicide bomber got in

PESHAWAR, Pakistan, Feb 1 (Reuters) – Police investigating a suicide bombing that killed more than 100 people at a Pakistani mosque said on Tuesday that several people had been arrested and they could not rule out the possibility that the perpetrator of the attack received assistance from internal security checks. The bombing was the deadliest … Read more

Gautam Adani loses Asia’s richest crown as stock rout worsens to $84bn

Gautam Adani loses Asia’s richest crown as stock rout worsens to bn

BENGALURU, Feb 1 (Reuters) – Indian tycoon Gautam Adani lost his title as Asia’s richest person on Wednesday as the rout of his conglomerate’s biggest companies worsened to $84 billion following a a report on short sellers. A Hindenburg Research report last week alleged the group’s misuse of offshore tax havens and stock manipulation, as … Read more

Missing radioactive capsule found in Western Australia

Missing radioactive capsule found in Western Australia

SYDNEY, Feb 1 (Reuters) – Australian authorities on Wednesday discovered a radioactive capsule that was lost in the vast Outback after nearly a week of searching on a 1,400 km (870 mile) stretch of highway, said an emergency services manager. The military was checking the capsule and it would be transported to a secure facility … Read more

Russia continues its Donetsk campaign; Ukraine wants fighter jets

Russia continues its Donetsk campaign;  Ukraine wants fighter jets

The city of Bakhmut comes under new fire – The Ukrainian army Zelenskiy talks to senior defense officials US prepares $2.2 billion arms package for Ukraine KYIV, Feb 1 (Reuters) – Russian forces are gradually gaining ground in eastern Ukraine’s Donetsk province, focusing on the town of Bakhmut, north of the regional capital. After finally … Read more

Hong Kong criminalizes CBD as a ‘dangerous drug’ alongside heroin

Hong Kong criminalizes CBD as a ‘dangerous drug’ alongside heroin

hong kong CNN — Two years ago, cannabidiol was booming in Hong Kong. The compound, known as CBD, was popping up in cafes, restaurants and stores, with companies keen to join an exciting new market that was already well established in countries around the world. This all came to an end on Wednesday, when CBD … Read more

Two years on, Myanmar coup has ‘catastrophic record’

Two years on, Myanmar coup has ‘catastrophic record’

Jan 31 (Reuters) – Two years after Myanmar’s military coup, a young factory worker turned resistance fighter is mourning the loss of his leg in battle. A former diplomat has not seen his family for four years. A beauty queen adjusts to a new life in wintery Canada. And an exiled teacher dreams of going … Read more

US stops granting export licenses to Chinese Huawei – sources

US stops granting export licenses to Chinese Huawei – sources

Jan 30 (Reuters) – The Biden administration has stopped approving licenses allowing U.S. companies to export most items to China’s Huawei, according to three people familiar with the matter. Huawei has faced U.S. export restrictions on items for 5G and other technologies for several years, but U.S. Commerce Department officials have granted licenses to some … Read more

Explosion in Peshawar, Pakistan: Death toll rises to at least 100 at mosque suspected of suicide bombing

Explosion in Peshawar, Pakistan: Death toll rises to at least 100 at mosque suspected of suicide bombing

Islamabad, Pakistan CNN — The death toll from a suicide bomb that ripped through a mosque in Peshawar, northwest Pakistan, rose to at least 100 on Tuesday, marking one of the deadliest attacks in the country in years as it is facing what one analyst described as “a national security crisis.” .” Muhammad Asim Khan, … Read more