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Indian billionaire Gautam Adani to seek dismissal of US SEC fraud case by April 30

April 8 (Reuters) – Adani Green Energy on Wednesday said group chair Gautam Adani and his nephew Sagar ​Adani plan to seek dismissal of a civil ‌suit stemming from an alleged bribery scheme filed by the U.S. Securities and Exchange Commission in a New York court by ​April 30. This report is given by Reuters. The Sen Times holds no responsibility for its content.

India raises fertiliser subsidy as US-Iran war lifts global prices

NEW DELHI, April 8 (Reuters) – India on Wednesday raised its nutrient-based subsidy for summer-sown crops by ​11.6% from a year earlier to shield ‌farmers from rising global fertiliser prices following the U.S.-Israeli war with Iran. The cabinet approved a nutrient-based subsidy scheme worth ​415.34 billion rupees ($4.50 billion) for the summer ​crop season, Information Minister Ashwini Vaishnaw said. The government ⁠aims to ensure that farmers continue to ​get a 50-kg bag of diammonium phosphate (DAP) at the ​current price of 1,350 rupees despite the rally in global prices, Vaishnaw said. India, where farming is a mainstay, imports fertilisers ​such

World Bank says South Asia growth to slow to 6.3% in 2026 amid Middle East conflict

NEW DELHI, April 8 (Reuters) – South Asia’s growth is expected to slow to 6.3% in 2026 from 7.0% in 2025 as the conflict in the Middle-East and disruptions in global ​energy markets weigh on the import-dependent region, the World Bank said on ‌Wednesday. In its latest South Asia Economic Update, the bank said growth should recover to 6.9% in 2027, while the region would remain the fastest growing among emerging market and developing economies. The World Bank said the outlook ​was highly uncertain because South Asia depends heavily on imported energy and is ​vulnerable to spillovers from the Middle

Silver, gold script sharp comeback as US-Iran ceasefire calms global jitte

New Delhi, Apr 8 (PTI) Silver prices surged Rs 11,000 to Rs 2.51 lakh per kilogram in the national capital on Wednesday, while gold advanced to Rs 1.56 lakh per 10 grams amid strong global cues after the US and Iran agreed to a two-week ceasefire. According to the All India Sarafa Association, the white metal zoomed by Rs 11,000, or nearly 5 per cent, to Rs 2,51,000 per kg (inclusive of all taxes) from Tuesday’s closing level of Rs 2,40,000 per kg. Gold of 99.9 per cent purity also appreciated by Rs 3,200, or 2.09 per cent, to Rs

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