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US legal troubles for tycoon Adani expose shortcomings in India’s booming solar sector

BENGALURU, India, March 11, 2025 (AP) — President Donald Trump’s decision to freeze a law banning business bribes overseas could offer Indian tycoon Gautam Adani, one of Asia’s richest people, a reprieve from American corruption allegations linked to a major solar project in India. U.S. prosecutors allege that one of Adani’s companies duped investors by hiding that its project was backed by a $265 million bribery scheme. The case now may be reviewed, and enforcement of any potential decision against it is uncertain. Whatever its fate, the case has highlighted vulnerabilities in India’s solar sector that are hindering its capacity

Gold Smuggling: Actress Ranya Rao remanded to 14 days’ judicial custody

Bengaluru, Mar 10 (PTI) Kannada actress Harshavardhini Ranya alias Ranya Rao who was arrested in a gold smuggling case was remanded to judicial custody for 14 days by a special court for economic offences, on Monday. The actress was in the custody of the Directorate of Revenue Intelligence for three days for interrogation. On Monday, the DRI officials produced her before the court where she broke down. The DRI said it seized the gold bars worth Rs 12.56 crore from Ranya Rao at Kempegowda International Airport here. Rao is the stepdaughter of senior IPS officer Ramachandra Rao. The DGP-rank officer

Rahul Gandhi expresses skepticism over discussion on voter’s list issue in Lok Sabha

New Delhi [India], March 10 (ANI): Lok Sabha LoP and Congress MP Rahul Gandhi has expressed skepticism about the possibility of a discussion in the House regarding the voter’s list issue. When asked if there will be a discussion in the House regarding voter’s list, the Lok Sabha LoP said, “I don’t think so.” Earlier today, Lok Sabha LoP and Congress MP Rahul Gandhi, while speaking in the Lok Sabha, emphasised the need to discuss the issue of the voter list, stating that the House needs to discuss the issue of the voters list. He said, “Question is being raised

Rupee sinks 38 paise to 87.33 against US dollar; logs worst single-day fall in a month

Mumbai, Mar 10 (PTI) The rupee depreciated by 38 paise, its steepest fall in over a month, to close at 87.33 (provisional) against the US dollar on Monday due to volatile crude oil prices amid tariff uncertainties worldwide and unabated outflow of foreign funds. A weaker American currency failed to support the local unit as a sell-off in the domestic equity market hit the sentiment adversely, forex traders said. At the interbank foreign exchange, the rupee opened weak at 87.24 and touched the day’s low of 87.36 amid intense volatility. The unit touched an intraday high of 87.16 before ending

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