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On October 28, 2024, Tata Advanced Systems and Airbus inaugurated a military aircraft assembly facility in Gujarat, India. This marks a significant step in India's defense manufacturing, aiming to reduce reliance on imports and enhance local production capabilities. The first aircraft is expected to roll out in 2026.
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Gautam Adani, India's billionaire tycoon, faces serious US fraud charges involving a $250 million bribery scheme linked to solar energy contracts. The allegations have already impacted his business empire, resulting in significant market losses and raising concerns about the broader implications for India's economy.
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Gautam Adani, chair of the Adani Group, has been indicted in New York for allegedly orchestrating a $250 million bribery scheme to secure solar energy contracts in India. The charges include securities fraud and conspiracy, impacting his business empire and raising questions about his ties to the Indian government.
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Matt Gaetz has withdrawn his nomination for U.S. Attorney General amid ongoing allegations of sexual misconduct. His decision follows a deadlock in the House Ethics Committee regarding the release of findings from an investigation into his conduct. Gaetz insists he remains committed to supporting Donald Trump.