Foxconn Technology Group has secured approval to inject a substantial additional investment of at least $1 billion into its manufacturing facility in India, marking a […]
Category: BigBreakingNow
Pakistan Protests Attack on Military Base, Urges Action from Taliban Government Amid Election Concerns
Pakistan has expressed strong opposition to the Taliban government in Afghanistan following an attack on a military base that resulted in the death of 23 […]
Security Breach Unfolds in Lok Sabha: Disruption and Evacuation Amidst 22nd Anniversary of Parliament Attack
In New Delhi, a significant security breach unfolded within the Lok Sabha, prompting Members of Parliament (MPs) to evacuate the premises. The incident involved an […]
Quad Summit 2024: India Postpones Event as U.S. President’s Attendance Uncertain
India has decided to postpone the Quad Summit, originally planned for January, according to government sources. This move suggests that U.S. President Joe Biden has […]
Moody’s Affirms Reliance Industries’ Baa2 Rating with Stable Outlook Amidst Strong Growth Prospects
Moody’s has confirmed Reliance Industries Limited’s (RIL) credit rating at Baa2 with a stable outlook. The affirmation is based on RIL’s significant market presence, diverse […]
World Bank Warns of Escalating Debt Crisis: Developing Nations Face Record-Breaking Servicing Costs and Economic Uncertainties
In 2022, developing countries grappled with an unprecedented challenge as they expended a staggering $443.5 billion to service external public debts, marking a record high, […]
Indian Banks Extend Global Reach: Surge in Overseas Presence and Financial Activity in 2022-23
In the fiscal year 2022-23, Indian banks expanded their global presence through subsidiaries, increasing from 399 to 417, according to data from the Reserve Bank […]
No Change in Interest Rates: Insights from Recent Federal Reserve Actions and Projections
In their recent decision, Jerome Powell and the Federal Reserve have chosen to maintain interest rates in the range of 5.25% to 5.50%, in line […]
Vedanta Resources Faces Credit Downgrade Amid Concerns Over Bond Extensions
Vedanta Resources has been downgraded to ‘CC’ by S&P Global Ratings due to concerns over potential bond extensions. The company initiated a liability management exercise […]
INS Kadmatt’s Manila Visit Amidst South China Sea Tensions and China’s Response to India’s Supreme Court Verdict
The Indian Navy’s warship, INS Kadmatt, is docking in Manila this week amid heightened tensions in the South China Sea. This marks its second visit […]
Maldives Cancels Hydrography Pact with India, Set to Terminate Agreement in June 2024
Maldives has decided to cancel a hydrography agreement signed with India by the previous government. The agreement, which allowed India to study and map the […]
Explosion at Con Edison Substation Sends Shockwaves Through New York: Citywide Flickering Lights and Emergency Response Unfold
In the heart of Brooklyn, New York, chaos unfolded as emergency personnel rushed to the scene of a dramatic incident at a Con Edison Electrical […]