INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

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  Indian billionaire Gautam Adani charged in US for alleged bribery, fraud Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, whose business empire extends from ports and airports to renewable energy,has been indicted in New York over an alleged multibillion-dollar fraud scheme, United States prosecutors have said. The authorities on Wednesday charged Adani and two other executives at Adani Green Energy, his nephew Sagar Adani and Vneet Jaain, with agreeing between 2020 and 2024 to pay more than $250m in bribes to Indian government officials to obtain solar energy supply contracts expected to yield $2bn in profits. Prosecutors said the renewable energy company also raised more than $3bn in loans and bonds during this period based on false and misleading statements. Shares of Adani Enterprises, the group's flagship firm, closed down 22% on Thursday. Other group firms also closed in the red. Adani Green Energy, which is the firm at the c

JAPA: CANADA STUDENT ENROLLMENT DROPS BY 45 PERCENT. (PHOTO).


 Japa: Canada student enrolment drops by 45 per cent


Universities Canada have raised the alarm over a significant drop in international student enrolment following the cap on student visas.

The Nation reported that foreign students recently protested in Canada, following plans by the authorities to deport them on account of a new policy on immigration.

The national cap, introduced in January by Immigration Minister Marc Miller, was initially aimed at reducing international student intake by 35% over the next two years.

The temporary measure was put in place to address concerns over housing, healthcare, and other services strained by the growing number of international students.

However, Gabriel Miller, president of Universities Canada, said there is a decline in international student admission.

He told Global News that initial projections suggest a dramatic 45% drop in international student enrolments once universities complete their tallies in October.

“There’s every possibility that it’s going to be even worse than we fear,” Miller said in an interview. “We’re already in uncharted territory, and this should be a wake-up call for Ottawa to take immediate action,” he stated. 

The government initially estimated that approximately 364,000 study permits would be approved in 2024 but this figure has since been revised to around 292,000.

The reduction is especially targeted at provinces experiencing the most significant growth in student numbers.

Universities Canada is worried about the long-term effects of the cap on enrolment and competitiveness. International students, according to Miller, are crucial not only for enhancing the educational experience but also for contributing financially to Canadian institutions and the broader economy.

“The cap’s collateral damage will hurt our ability to attract and retain talent in the future,” he added.

In response to these concerns, the immigration minister’s office noted that, while they have seen a reduction in approvals compared to 2023, it is still too early to assess the full impact.

The busiest period for study permit processing—August and September—has yet to be fully analyzed. 

The office added that more accurate data would be available once the final numbers for the fall 2024 and winter 2024 seasons are collected.

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