Temasek Acquires 10% Stake in Haldiram’s Snack Division for $1 Billion

A Landmark Deal in India’s FMCG Sector Singapore’s sovereign investment firm, Temasek, has finalized a deal to acquire nearly a 10% stake in Haldiram’s snacks division for approximately $1 billion. This move marks a significant foreign investment in India’s fast-growing consumer sector, particularly in the thriving savory snacks segment. The deal, following months of negotiations,…

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IndusInd Bank Shares Rebound After Sharp 27% Crash: What Lies Ahead?

IndusInd Bank’s Steep Fall IndusInd Bank’s share price witnessed extreme volatility this week, with a sharp 27% crash on Tuesday followed by a partial recovery on Wednesday. The steep fall was triggered by the revelation of discrepancies in the bank’s forex derivatives portfolio, raising concerns over its financial health and transparency. This decline added to…

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Ukraine and Russia Edge Toward Ceasefire as Trump Administration Steps In

The Russia-Ukraine War The Russia-Ukraine war, which began with Russia’s full-scale invasion in 2022, has devastated Ukraine and led to prolonged international tensions. Despite various diplomatic efforts, the conflict has continued with relentless battles, territorial losses, and economic instability. With Donald Trump taking office as the U.S. President earlier this year, the geopolitical landscape has…

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Odisha Police Crack Down on Sand & Stone Mafia, Strengthen Law Enforcement Measures

A Tough Stand Against Illegal Mining The Odisha Police have launched an intensive crackdown on the illegal sand, gravel, and laterite stone mafia, conducting state-wide raids and seizing hundreds of vehicles involved in smuggling. This initiative, spearheaded by Director General of Police (DGP) Yogesh Bahadur Khurania, aims to curb the rampant exploitation of natural resources…

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Wall Street Tumbles as Recession Fears Grip the U.S. Economy

Economic Uncertainty Looms Over the U.S. The U.S. economy is facing mounting uncertainty as fears of a looming recession intensify. A volatile stock market, tariff disputes, and concerns over a potential government shutdown have shaken investor confidence. On Monday, Wall Street saw its steepest decline in months, with all major indexes taking a significant hit….

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India-Canada Relations: Mark Carney’s Leadership Signals Diplomatic Reset

India-Canada diplomatic relations hit a historic low in 2023 after then-Prime Minister Justin Trudeau alleged Indian involvement in the killing of Khalistani terrorist Hardeep Singh Nijjar. The claim, which India categorically rejected as “baseless,” led to the expulsion of top diplomats from both countries and a halt in trade negotiations. However, with Mark Carney set…

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Lalit Modi Renounces Indian Citizenship, Calls Legal Cases ‘Media Fiction’

Lalit Modi’s Legal Controversy Lalit Modi, the former chairman of the Indian Premier League (IPL), has been a controversial figure ever since he left India in 2010 amid allegations of financial irregularities and money laundering. Despite multiple investigations by Indian agencies, no formal charges have been filed against him. Recently, Modi surrendered his Indian passport…

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