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Addressing a Lok Sabha election rally at Warangal in Telangana, PM Modi slammed the Congress party. The prime minister said: The Prime Minister was apparently referring to Congress leader Sam Pitroda's alleged comments that people in the East of India resembled the Chinese, while those from the South looked like Africans.

South Korea is dedicating around $7 billion to help wean its electric-vehicle battery supply chain away from China and align more with U.S. trade guidelines. The Ministry of Trade, Industry and Energy in Seoul said Wednesday that it will provide 9.700 trillion won ($7.14 billion) in state financing to the local EV-battery industry this year to build up the country’s supply chain to continue to benefit from U.S.

rubber-stamp parliament, is under way in Beijing. The top leaders and thousands of delegates will attend for a week. So far the signals are not reassuring.

“inheritance tax" statement which is still a hot topic among the BJP leaders during election rallies. Condemning Sam Pitroda's remarks, Himanta Biswa Sarma said, “After I heard Sam Pitroda's statement, I looked at myself in the mirror and I appear as a proud Assamese and Indian, not as a Chinese...This is a racist comment." Himanta Biswa Sarma also attacked Rahul Gandhi for not “disowning" Sam Pitroda yet. “There is one thing that those who are near Rahul Gandhi always insult the northeast.

Democracy Perception Index revealed a striking sentiment among Indians, with nearly 75% expressing concern that global corporations pose a threat to democracy. As per the survey findings, after economic inequality and corruption, global corporations are viewed as the third most significant threat to democracy. The US also stands out as among the countries with the highest levels of the perceived threat from global corporations. India is also ranked top among countries fearing that big tech companies like Google, Amazon and Meta threaten democracy.

China, known for its significant share of the global cryptocurrency mining industry, has been grappling with the environmental ramifications of its burgeoning blockchain sector. 

Nirmala Sitharaman on Wednesday lashed out at Congress leader Sam Pitroda for his 'racist' remark, saying it reveals the mindset and attitude of Rahul Gandhi's mentor. Pitroda, the head of the Indian Overseas Congress, had triggered a controversy on Wednesday with his «people of the east look like the Chinese and those of the south look like Africans» remarks. In a post on X, Sitharaman retorted saying, «I am from South India. I look Indian! My team has enthusiastic members from north east India. They look Indian! My colleagues from west India look Indian! »But, for the racist who is the mentor of @RahulGandhi we all look African, Chinese, Arab and the White! Thanks for revealing your mindset and your attitude. I.N.D.I alliance's shame!".

Marcy Venture Partners, the firm co-founded by hip-hop star Shawn “Jay-Z” Carter, is in advanced talks to merge with the investment arm of Pendulum Holdings, according to people familiar with the matter.

Vietnam’s anti-corruption drive, which the ruling Communist Party chief Nguyen Phu Trong likened to a “blazing furnace," is running hot. This year alone, two of the four pillars of power, including the chairman of the parliament and the country’s president, left their posts amid graft allegations. Last month, Truong My Lan, a real estate tycoon and Vietnam’s richest woman, was sentenced to death for her role in a $12 billion fraud case that involved Saigon Commercial Bank, one of its largest lenders.

Three Asian-based ventures have joined forces to launch Hong Kong’s first-ever ETF liquidity fund. The fund is valued at HK$1b (about $128m), according to a statement published Wednesday.

Intel and Qualcomm to ship chips used for laptops and handsets to sanctioned Chinese telecoms equipment maker Huawei Technologies, three people familiar with the matter said. A fourth person said some of the companies were notified on Tuesday that their licenses were revoked effective immediately. The U.S.

Indian National Congress on Wednesday distanced itself from the allegedly racist remarks made by Chairman of Indian Overseas Congress Sam Pitroda on how people in the South «look like Africans and those in the East look like Arabs and those in the East look like Chinese.» "...Analogies drawn by Sam Pitroda in a podcast to illustrate India's diversity are most unfortunate and unacceptable. Indian National Congress completely dissociates itself from these analogies," said Congress General Secretary in-charge Communications Jairam Ramesh on social media platform X. Sam Pitroda in an interview with The Statesman said that «We have survived 75 years in a very happy environment where people could live together, leaving aside few fights here and there. We could hold a country together as diverse as India, where people on the east look like Chinese, people on the West look like Arab, people on the North look like white and maybe people on the South look like Africans.»

Toyota reported record annual net profit of more than $30 billion on Wednesday but the world's largest automaker by sales warned that the current year would be less spectacular. Helped by a weak yen and strong hybrid vehicle sales, the Japanese giant's bottom line doubled to 4.94 trillion yen ($31.9 billion) in the year to March while revenues rose 21.4 percent to 45.1 trillion yen, also an all-time high.

TikTok has become one of the world’s biggest stories in business and geo- politics. US President Joe Biden recently signed a law that will ban the massively popular app in nine months if its Chinese owner, ByteDance, does not sell it to a non-Chinese entity. TikTok, for its part, has called the law “political theatre," and it is probably right: there is always some theatrics in politics, and bashing China is currently one of the most popular shows in town.

Also Read: ‘Disgusting’: BJP slams Sam Pitroda over his 'People in east look like Chinese, in South like Africans' remark Jairam Ramesh further added that The Indian National Congress completely dissociates itself from these analogies. "We have survived 75 years in a very happy environment where people could live together, leaving aside few fights here and there.

PM Modi asks Karnataka to ditch Congress for its ‘perverted' vote bank politics Assam Chief Minister Himanta Biswa Sarma was one of the first to react when he took to X and slammed Pitroda over his remarks and said, "Sam bhai, I am from the North East and I look like an Indian. We are a diverse country - we may look different but we are all one. Understand a little about our country!" BJP spokesperson Shehzad Poonawalla also joined in the criticism alleging that these were racist comments by a man who is the guru of Rahul Gandhi.

Crypto market maker Wintermute is providing liquidity and supporting the newly launched Hong Kong spot Bitcoin and Ethereum exchange-traded funds (ETFs).

Indian Americans favour a third term for Prime Minister Narendra Modi as his government's policies are transforming India, an influential community leader has said. Indians are part of the deep economic growth of the United States and they've been working hard to contribute to the economic growth, Indian-American Democratic fundraiser Ajay Jain Bhaturia said, underling that when they see similar economic growth happening back in India, they feel very proud of it. «I think the majority of Indian Americans want Prime Minister Modi to come back. It's a sense of pride for them that when India shines, they shine,» Bhaturia told PTI in an interview.

prices for solar panels, which have slashed profits across the sector, don’t have much room to fall further, according to the chairmen of two of the industry’s biggest firms. The current slump is “irrational” and there’s only a small probability it will continue, Jinko Solar Co. Chairman Li Xiande said in a joint presentation hosted by the Shanghai Stock Exchange. Li answered written questions from investors at the event on Tuesday along with executives from other firms, including Trina Solar Co. and CSI Solar Co. The companies are trying to turn a corner after solar manufacturers saw profits vanish as a wave of new factories that were aimed at capturing a growing market came online in the past year. Instead, the new supply has overwhelmed demand, sending panel prices to record lows and annihilating margins.“The price of photovoltaic modules is currently at a low level, and there’s limited room for further decline,” Trina Chairman Gao Jifan said at the presentation.

Universal's 'Fall Guy', 'Kingdom of the Planet of the Apes' is expected to collect $50 million opening at domestic box offices and $130 million worldwide. This is a sequel that takes 300 years after the events of War of the Planet of the Apes'. Wes Ball, known for 'Maze Runner' has directed it. The movie will hit the theaters on May 10, 2024. 'Kingdom of the Planet of the Apes' will be released simultaneously in 100% of its offshore footprint this week, beginning Wednesday in France, Italy, Germany and Korea. It will open on Thursday in the UK, Brazil, Australia and Mexico. China, Spain and Japan follow on Friday, reports 'Collider'.

TAIPEI: Taiwan's military is prepared for any moves China may make around the time President-elect Lai Ching-te takes office later this month, the island's deputy defence minister said on Wednesday. China, which views democratically governed Taiwan as its own territory, has a strong dislike of Lai, believing him to be a dangerous separatist, whose repeated offers of talks it has rejected, including one this month. Lai, like current President Tsai Ing-wen, rejects Beijing's sovereignty claims; both say only the island's people can decide their future. Lai, now vice president, will be inaugurated on May 20.