In 2020, revenue from its ‘golden passport’ scheme was Vanuatu’s single-largest source of income. Revocation of Lalit Modi’s citizenship has brought country of islands into spotlight.
The fugitive businessman and former IPL chief had applied to surrender his Indian passport following acquisition of Vanuatu citizenship, according to external affairs ministry.
Pacific Island country was hit by 7.4 magnitude earthquake on 17 December. New Delhi has offered aid for rehabilitation as part of efforts to be a first responder to the region.
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
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