Recent Posts

India utility sees $25 billion up for grabs on PM Modi’s power plan

Bloomberg India’s largest transmission utility is shifting its focus to projects within states, where it expects a government plan to provide electricity to all to generate about $25 billion worth of new orders over the next five years. Power Grid Corp. Of India will seek to capture some of the new orders either on its own or through joint ventures, ...

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Pakistan court to release 2008 Mumbai attack suspect

Bloomberg A Pakistan High Court ordered the release of Hafiz Saeed, the alleged mastermind of the 2008 Mumbai attacks, in a further blow for Pakistan and Indian relations. Saeed, who was present in court amid tight security, is scheduled to be released on Thursday from house arrest after a three-judge panel in Lahore rejected a plea from Pakistan’s government for ...

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Indonesia tells Singapore to avoid Bali as volcano erupts

Bloomberg Indonesia said Singapore’s travel advisory to avoid parts of the vacation island of Bali following a minor eruption at Mount Agung volcano was “excessive”. The eruption spouted ash clouds reaching up to 700 metres above Mount Agung’s crater, Indonesia’s Energy and Mineral Resources Ministry’s volcanology agency said on its website. Neighbouring Singapore said its citizens should refrain from non-essential ...

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