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Gautam Adani charged in an alleged bribery and fraud case in the US, Trinamool Congress MP Saket Gokhale on Thursday asked if the Narendra Modi-led government was involved in it. Gokhale said while markets were reacting to the news of the indictment, the government was «silent» on the issue. Adani has been charged by US prosecutors over his role in an alleged years-long scheme to pay USD 250 million bribe to Indian officials in exchange for favourable terms for solar power contracts. The BJP, reacting to Congress's attack on the issue, questioned the timing of the development, as it came just before the start of the Parliament session and Donald Trump's impending presidency. All the states mentioned in the indictment where government officials were paid bribes allegedly by the Adani Group were Opposition-ruled during that time, BJP's IT department head Amit Malviya said.

Subscribe to enjoy similar stories. It turns out there’s science behind the old saw “the older you get, the wiser you are." Laura Carstensen, founding director of Stanford University’s Center on Longevity, says research has made surprising discoveries about the way older people view their lives. With fewer “what-ifs," they appear to gain more clarity on their place in the world.

More than half a million Americans and 100,000 British Columbia residents were without power on Wednesday morning as they grappled with a weather phenomenon known as a “bomb cyclone.”

OneCell Diagnostics raised $16 million in an oversubscribed series A funding round led by Celesta Capital. Other participants in the funding round included Tenacity Ventures, Cedars Sinai, Eragon, and Singularity Ventures. The company, which has developed cutting-edge technology for precision oncology liquid biopsy diagnostics and is headquartered in India and Silicon Valley, said the funding will be used to advance its vision of democratising precision oncology through cancer diagnostic testing that is more accessible, actionable, and affordable.

tariff increases and seek to avoid labor-related disruptions at alternate ports. “The Port of Los Angeles handled a robust 905,000 container units in October,” Executive Director Gene Seroka told reporters on Wednesday. That’s a 25% gain over last year and is the first time the port handled more than 900,000 containers for four months in a row. “Los Angeles processed more cargo between July and October than we did during our peak year in 2021 or our second-best year in 2022,” Seroka said.

Sensex and Nifty 50, opened in the red on Thursday, weighed down by declines in Adani stocks following the indictment of Adani Group’s billionaire chairman in New York, over his alleged involvement in a multibillion-dollar bribery and fraud scheme. The BSE Sensex was trading 765 points, or 1%, lower at 76,813. The Nifty50 was down 218 points, or 0.93%, trading at 23,299 around 9:42 am.

Thousands of University of California workers on Wednesday began a two-day strike to protest what they say are unfair bargaining tactics by the university system

Federal water officials have made public what they call “necessary steps” for the seven states and multiple tribes that rely on the Colorado River to meet an August 2026 deadline for deciding how to manage the waterway in the future

A federal judge has signed off on a settlement agreement Wednesday in a class action lawsuit alleging that an algorithm designed to score rental applicants discriminated on the basis of race and income

Snapchat, Reddit, X, and Instagram platforms could be fined up to 50 million Australian dollars (USD 33 million) for their systematic inability to stop young children from creating accounts.Rowland informed Parliament, "This bill aims to establish a new normative value in society that using social media is not the defining characteristic of growing up in Australia."Last month, Reddit, a company that went public in March, announced its first profit. In addition, the number of daily users on the site increased by 47% to 97.2 million over the previous year..Reuters reported that revenue in the September quarter rose 68% to $348.4 million, beating analysts’ estimate of $312.8 million.

Two proposed class-action lawsuits in the United States name two Canadian food companies as alleged members of a “potato cartel” that’s accused of a years-long campaign of fixing prices on frozen products.

Marc Rowan, the Apollo Global Management CEO, may soon be US Treasury Secretary. The Financial Times reports that he's the preferred candidate for the job. Bloomberg says that Rowan has his Treasury Secretary interview today, along with former Federal Reserve Governor Kevin Warsh.

Gautam Adani, the billionaire chair of Indian conglomerate Adani Group and one of the world's richest people, has been indicted in New York over his role in an alleged multibillion-dollar bribery and fraud scheme, U.S. prosecutors said on Wednesday. Authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain solar energy supply contracts expected to yield $2 billion of profit over 20 years. According to an indictment, some conspirators referred privately to Gautam Adami with the code names «Numero uno» and «the big man,» while Sagar Adani allegedly used his cellphone to track specifics about the bribes. Prosecutors also said the Adanis and another executive at Adani Green Energy, Vneet Jaain, raised more than $3 billion in loans and bonds for that company by concealing the corruption from lenders and investors.

The exercise is directed at minimising the tax burden in the US, where there is a provision to lower FMV taking into consideration various parameters such as stocks issued at lower prices, legal experts said. Another large fintech, Razorpay, which has sought board approval to move its domicile to India, may see a similar 30-40% cut in fair market value, said a person close to the matter. The final number may differ as the math on the tax outgo will depend on calculations involving the delta between common and preferred stock and total fundraising over the years. Preferred stock or preference shares come with a number of benefits not available to holders of common stock.

Adani Green Energy, India's largest private sector renewable power company, on Wednesday raised $600 million through a 20-year bond, sources close to the development told ET. This issue comes a month after the group postponed a $1.2-billion bond offering as some investors differed over pricing of the instruments. ET reported on Monday the company would be raising $600 million through a bond issuance.

Subscribe to enjoy similar stories. Piramal Pharma Ltd is confident that the company’s American facilities can help it navigate the volatility in its largest market US following Donald Trump’s comeback, according to chairperson Nandini Piramal. Trump’s second inning is likely to spell uncertainty for pharma companies, she told Mint, referring to his plan to impose import tariffs to make American industry stronger.

UFOs has revealed hundreds of new reports of unidentified and unexplained aerial phenomena but no indications suggesting an extraterrestrial origin. The review includes hundreds of cases of misidentified balloons, birds and satellites as well as some that defy easy explanation, such as a near-miss between a commercial airliner and a mysterious object off the coast of New York, as per a report. While it isn't likely to settle any debates over the existence of alien life, the report reflects heightened public interest in the topic and the government's efforts to provide some answers. Its publication comes after House lawmakers called for greater government transparency during a hearing on unidentified anomalous phenomena, or UAPs — the government's term for UFOs, AP reported. Federal efforts to study and identify UAPs have focused on potential threats to national security or air safety and not their science fiction aspects. Officials at the Pentagon office created in 2022 to track UAPs, known as the All-Domain Anomaly Resolution Office, or AARO, have said there's no indication any of the cases they looked into have unearthly origins.

A US President receives certain benefits and perks along with his more than decent salary, and even though he may not make as much as some top shot in some corporate office does, the checks and benefits continue until their demise, which is the best part. The Former Presidents Act is the fundamental behind the great benefits set in store for former Presidents for their service to the nation. Moreover, they receive allowance for different kinds of requirements including office space, equipment, staff, travel, entertainment and supplies. Moreover, most of the Former Presidents receive same health benefits as other former government workers. But, there is a condition: You need to be a government staff for at least 5 years, which would mean all the medical benefits would be due then after.

Donald Trump has endorsed a line of guitars, following up on the Bibles, sneakers, watches, photo books and cryptocurrency ventures launched during his third White House campaign, as per a report. Trump on Wednesday posted to Truth Social a photo of himself holding what he said was a “Limited Edition ‘45’ Guitar,” an electric model emblazoned with an American flag and eagle on the body, and Trump's “Make America Great Again” slogan inlaid into the neck. Both acoustic and electric styles are available, for $1,250 and $1,500, respectively, as well as “Presidential” and “God Bless the USA” models and “Signature Edition” guitars, which — with a $10,000 price tag — also include Trump's signature, AP reported. What's not clear is the financial relationship between Trump and proceeds from the guitar sales.

Subscribe to enjoy similar stories. GCCs are offshore units set up by multinational companies to take on key technology-driven tasks. GCCs include tech operation centres run by companies headquartered abroad, driven by India’s tech talent and cheap real estate.

U.S.-China Economic and Security Review Commission has raised alarms about China's military capabilities, suggesting that the nation poses a significant threat to US interests in the Indo-Pacific region. The comprehensive 793-page document, which draws from both classified and unclassified sources, indicates that China's military might now has the potential to outmatch U.S. forces in a future regional conflict. The report highlights that Beijing's military expansion over the past two decades has focused on developing a formidable arsenal of missiles, ships, aircraft, and advanced systems designed for potential conflicts in the Indo-Pacific. «It warns that, as result, US. forces and bases in the region would face a significant threat from the [People’s Liberation Army] in any regional contingency involving treaty allies and/or security partners, and the outcome of any such conflict is far from certain.» Despite the evident military advancements, the report notes that while China is bolstering its military readiness, it does not currently believe that an armed conflict is imminent. “There is ample evidence that China’s armed forces are enhancing their general military preparedness, but little evidence they are mobilizing for an imminent conflict at this time,” the report states.