India opens new investigation into BBC in widening crackdown

NEW DELHI: India’s financial crime-fighting agency has opened an investigation into alleged violations of foreign exchange rules by the BBC, a source told Reuters on Thursday (Apr 13), months after tax officials searched the broadcaster’s Mumbai and Delhi offices. The tax raids in February had come close on the heelsContinue Reading

The war in Ukraine shaking up the global arms industry

On March 21, India’s air force confirmed that a major Russian arms delivery would not occur, citing Russia’s logistical challenges stemming from its war in Ukraine. This has served as the latest example of Russia’s inability to complete weapons deals with India since the conflict began in February 2022. India is the world’s largest arms importer, and as the […]Continue Reading

BRICS gains new chance to improve global development

The first event of Brazilian President Luiz Inácio Lula da Silva’s long-awaited visit to China is the official swearing-in ceremony of Dilma Rousseff as president of the New Development Bank (popularly known as the BRICS Bank) this Thursday, April 13. The appointment of the former president of Brazil to the post demonstrates the priority that Lula will […]Continue Reading