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Singapore state investor Temasek plans to invest up to $10 billion in India over three years in sectors such as financial services and healthcare, a top executive said on Monday, favoring the South Asian nation as it turns cautious on China.
Indian Prime Minister Narendra Modi’s recent visit to Russia has raised alarm among Western allies, but analysts say it is part of New Delhi’s strategy to shore up its own security amid increased tensions with China.
The lavish four-month-long wedding celebrations of Anant Ambani, son of Asia’s richest man, and his bride Radhika Merchant, daughter of billionaire business tycoons, fuelled criticism from campaigners and have shone a spotlight on the growing gulf between rich and poor.
After a series of major maritime standoffs, the Philippines is in hot pursuit of more India-made BrahMos supersonic cruise missiles to point at China in the contested South China Sea.
The Teesta River, a vital waterway in northern Bangladesh, has long been a lifeline for agriculture, livelihoods and biodiversity in the region. However, seasonal variations, with excessive flooding during monsoons and acute water shortages during dry spells, have created a pressing need for a comprehensive management and restoration project.
Shares in Burberry plunged over 16% on Monday after a disappointing first-quarter performance led it to issue a profit warning, replace its CEO and axe its dividend.
Nepal’s Khadga Prasad Sharma Oli was sworn in as prime minister on Monday after his Communist Party forged a coalition government with the centre-left Nepali Congress, shifting power in the country’s often-volatile parliament.
KATHMANDU, Nepal (AP) — Nepal’s newly appointed prime minister took the oath of office Monday at a ceremony in Kathmandu.