Cash handouts a precursor universal basic income in India?
Is universal basic income around the corner in India. Is the beginning of direct benefit transfer of funds to India’s most marginalised citizens which the country’s Budget for…
Pakistan seals financial assistance from UAE
$3 billion financial assistance sealed as Abu Dhabi Crown Prince meets Imran Khan in Islamabad. Pakistani and United Arab Emirates leadership have met thrice now in three months.…
AIIB approves applications of six more countries
The total of countries with a membership in the China-led bank now stands at 93. The Asian Infrastructure Investment Bank (AIIB) announced on Wednesday that its Board of Governors…
Malaysia files criminal charges against Goldman Sachs
Two ex-bankers have also been charged in connection to the 1mdb scandal. Malaysia said on Monday it has filed criminal charges at home against Goldman Sachs and two of the U.S.…
Indonesia plans to make 30 percent bio-diesel blend mandatory
Studies are ongoing on the correct type of petrol. While the government expanded the mandatory use of a 20 percent biodiesel blend ( B20 ) in September, it plans to further boost…
Chinese court grants Qualcomm an injunction against Apple
The injunction bans the sale of several models of IPhones in China. Qualcomm Inc on Monday said it had won a preliminary order from a Chinese court banning the importation and…
China-US trade dispute enters second half
Despite a temporary truce in the trade war, much work still needs to be done. China and the United States reached a consensus to suspend tariff hikes and restart trade talks at…
Malaysia to charge ex-prime minister and fund chief over audit tampering
Najib and Arul Kanda will be indicted on Wednesday by prosecutors. Graft prosecutors are set to charge Najib Razak and former 1MDB president Arul Kanda Kandasamy on Wednesday over…
UK court orders tycoon’s extradition to India
Vijay Mallya can be extradited back to India, a UK court rules. A London court on Monday ordered extradition of liquor baron Vijay Mallya to India, where the now defunct…
Ghosn charged with falsifying reports
Ghosn and an associated remain in jail on charges of tax avoidance and falsifying reports. Carlos Ghosn, former chairman of Nissan Motor Co., his aide Greg Kelly, former…