Friday, August 28
German authorities said Saturday they had arrested five men on suspicion of involvement in an Islamist plot to plough a vehicle into people at a Christmas market.An Egyptian, three Moroccans and a Syrian were detained on Friday over the plan to carry out the attack in southern Bavaria state, police and prosecutors said in a statement.The Egyptian, aged 56, allegedly called in a mosque for an attack to be carried out on a market in the Dingolfing-Landau district "using a vehicle in order to kill or injure as many people as possible", according to the statement.The Moroccans -- aged 30, 28 and 22 -- allegedly then agreed to carry out the attack while the Syrian, 37, encouraged them. Investigators suspect "an Islamist motive" for the plot.All the suspects were brought before a magistrate on S
Nearly half of Indian family businesses report annual revenues between USD 1 billion and USD 30 billion, with 36 per cent in the USD 1–5 billion range, according to a latest report by Deloitte. The study shows strong growth momentum among these firms, driven by leadership continuity, expansion plans, technology adoption and confidence in domestic and overseas markets.Deloitte Private’s Family Business Insights Series: Defining the family business landscape, 2025, released earlier this week, says Indian family-owned enterprises are adapting their structures to support long-term growth. The report is based on a survey of 1,587 family businesses across 36 countries, including 50 from India, along with in-depth interviews with 30 senior executives.The report notes that 96 per cent of India
New Delhi: India and Mexico have begun talks for a free trade agreement (FTA) to resolve issues arising out of the new tariffs imposed by Mexico, and terms of reference for the pact are expected to be firmed up soon, officials said.The development comes as Mexico has announced up to 50% tariffs on imports from non-preferential trade partners, including India, from January 1 next year. “India is already engaged with Mexico for a trade agreement. The terms of reference could be finalised soon,” said an official, who did not wish to be identified. Mexico reached out to India for a pact to strengthen bilateral trade relations and initial discussions have been held, according to the official. The terms of reference set the framework and scope for the FTA negotiations.Mutually Beneficial Sol
Australian Prime Minister Anthony Albanese on Sunday said a deadly shooting at Sydney’s Bondi Beach, during Hanukkah celebration, was a targeted attack aimed at the Jewish community, describing the violence as “beyond comprehension”.“This is a targeted attack on the Jewish community on the first day of Hanukkah,” Albanese said, according to Reuters, referring to the shooting at the “Hanukkah by the Sea” event.At least 12 people have been confirmed dead since the attack was first reported, with some reports indicating that one of the shooters is among those who lost their lives in the incident. ET couldn't independently verify the latter claim. Calling the incident a terrorist act, Albanese said, “There has been a devastating terrorist incident at Bondi at the Hanukkah by th
