India’s GDP Growth Hits a Roadblock: Slows to 5.4% in Q2 FY 2024-25

India’s GDP growth rate in Q2FY2024-25 is 5.4%, slower than the previous quarter’s 6.1%, as per government data.  The slowdown in growth indicates some growing challenges: low private consumption, slow exports, and the continuing impact of inflation on economic recovery. Data from the National Statistical Office (NSO) indicate that the service sector, which contributes heavily…

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Adani Group’s $27 Billion Blow: Bribery Allegations Spark Market Crisis

The Justice Department has indicted the Adani Group and its chairman, Gautam Adani, along with seven more executives for bribery and corruption related to a scheme involving $265 million.  The indictment alleges that the group orchestrated a widespread bribery scheme to corrupt Indian officials to secure renewable energy contracts culminating in security fraud and conspiracy…

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Congress Pushes for Rahul Gandhi’s Front-Row Spotlight in Lok Sabha Showdown

In a written demand addressed to the Lok Sabha Secretariat, Congress called for backstage positions for Rahul Gandhi, Sonia Gandhi, Congress President Mallikarjun Kharge, and Congress Leader in the Lok Sabha Adhir Ranjan Chowdhury that is second row of the Parliament.  Right now, while Sonia Gandhi and Adhir Ranjan Chowdhury have gotten into first-row seats,…

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