Bangladesh has substantially reduced its outstanding dues to India's Adani Power related to a power-supply deal and the company is confident of recovering the roughly $900 million still remaining, its chief financial officer said.

Bangladesh has struggled to pay its dues per the deal, signed in 2017, as imports got costly since the Russia-Ukraine conflict in 2022 and amid the domestic political turmoil last August that led to the ouster of the country's prime minister.

In a bid to strengthen aviation infrastructure in the state, the Odisha government has decided to establish a Greenfield airport at the port town of Paradip, expedite the development of the Shree Jagannath International Airport in Puri and construct heliports in 14 districts.

These decisions were taken during an Aviation and Network Construction Management' meeting chaired by Chief Minister Mohan Charan Majhi here on Thursday.

In the wake of the violent terror attack in Pahalgam, the United States expressed solidarity with India in its fight against terrorism and reiterated its support for Prime Minister Narendra Modi.

The statement comes from US State Department spokesperson Tammy Bruce during a press briefing on Friday, as Washington maintained high-level diplomatic engagement with both India and Pakistan.

Technology majors Tata Consultancy Services (TCS) and IBM today announced partnership to further develop India’s quantum industry. Both the technology firms are part of the Government of Andhra Pradesh’s new, first-of-a-kind, Quantum Valley Tech Park, currently being built in the capital city of Amaravati.

The tech park will be anchored by an IBM Quantum System Two installation, with a 156-qubit Heron quantum processor, the largest quantum computer in India.

The Supreme Court on Friday rejected JSW Steel’s ₹19,700-crore resolution plan for Bhushan Power and Steel Ltd (BPSL), terming it "illegal" and ordering the liquidation of the debt-ridden company.

The plan has been earlier approved by BPSL’s Committee of Creditors (CoC). On this the apex court stated that the plan violated insolvency law as JSW had used a mix of equity and optionally convertible debentures (OCDs) to fund the takeover, instead of equity alone.

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