Business

Business

Financial system: RBI chief Das cautions against tech-led disruptions

June 27, 2024 virendra pandit

Virendra Pandit New Delhi: Reserve Bank of India (RBI) Governor Shaktikanta Das has said while the Indian economy is exhibiting strength and resilience amid global headwinds, there is also a need for caution against disruptions in the financial system from new technologies. The matrix of financial stability is perhaps at its best, but the real […]

Business

Space: NASA to deorbit, and dismantle the aging ISS with SpaceX’s help

June 27, 2024 virendra pandit

Virendra Pandit New Delhi: Launched in November 1998, the International Space Station (ISS) is aging and the United States National Aeronautics and Space Administration (NASA) has initiated the process to dismantle it after deorbiting with help from Elon Musk’s SpaceX which has been entrusted with designing the deorbiting vehicle by 2030. By then, commercial space […]

Business

More than FDI: Indian diaspora remitted $107 billion in FY24

June 26, 2024 virendra pandit

Virendra Pandit New Delhi: Breaking their record of remitting USD 100 billion in 2022-23, the Indian diaspora remitted an unprecedented USD 107 billion to their families back home in FY24, the media reported. This is nearly double the combined total of USD 54 billion from foreign direct investments (FDI) and portfolio investments during the same […]

Business

America: “Admit more Chinese students for the humanities and Indians for sciences!”

June 25, 2024 virendra pandit

Virendra Pandit New Delhi: A top American diplomat said the US should welcome more students from China to study the humanities, and Indian students for sciences, noting that American universities are limiting Chinese students’ access to sensitive technology given security concerns. Deputy Secretary of State Kurt Campbell said on Monday not enough Americans were studying […]

Business

Space: Indian-American astronaut Sunita Williams ‘stuck’ on the ISS for 2 weeks

June 25, 2024 virendra pandit

Virendra Pandit New Delhi: With NASA conducting additional reviews of the spacecraft’s technical issues, Indian-American astronaut Sunita Williams’ return to Earth has been delayed by about two weeks, the media reported on Tuesday. Sunita Williams and her co-astronaut Butch Wilmore’s return to this planet has been postponed due to multiple technical issues. NASA will permit […]

Business

Roving Periscope: Under China’s pressure, Pak to ‘relaunch’ anti-terror drive

June 25, 2024 virendra pandit

Virendra Pandit New Delhi: Nearly bankrupt and clueless, Pakistan will once again launch a new military operation to curb increasing “armed attacks” within the country, but this decision has come only because of the pressure from its ‘all-weather’ friend China which has refused to invest more funds until the Islamist country, infested with state-supported terror […]

Business

Media: WikiLeaks founder Julian Assange to plead ‘guilty’, and walk free

June 25, 2024 virendra pandit

Virendra Pandit New Delhi: WikiLeaks founder Julian Assange, who leaked America’s best-kept secrets over a decade ago causing sensation worldwide, will plead guilty to a felony charge in a deal with the US Justice Department that will free him from prison and resolve a long-running legal saga that spanned multiple continents and centered on the […]

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Hajj pilgrims: 83% of the 1,300-plus dead were unregistered, say the Saudis

June 24, 2024 virendra pandit

Virendra Pandit New Delhi: Saudi Arabia on Sunday said that nearly 83 percent of the over 1,300 Muslim pilgrims who died during the Hajj pilgrimage due to intense heat, were unregistered and did not have official permits for the pilgrimage. “Regrettably, the number of mortalities reached 1,301, with 83 percent being unauthorized to perform Hajj […]

Business

APSEZ features in honour list of Institutional Investors Asia Executive Survey

June 24, 2024 Vinayak Barot

Ahmedabad, 24 June 2024: Adani Ports and Special Economic Zone Limited (APSEZ), India’s largest port developer-cum-operator, has demonstrated its leadership on investors engagement by making it to the honour list of the Institutional Investor Asia Pacific (ex-Japan) Executive Team Survey. In the transportation sector, APSEZ is the only Indian company to feature on the list, […]

Business

Roving Periscope: Amid war with Ukraine, Russia struggles against terror attacks

June 24, 2024 virendra pandit

Virendra Pandit New Delhi: Twenty-eight months into the inconclusive war in Ukraine, which has claimed hundreds of thousands of lives on both sides and millions of people fleeing homes amid wanton destruction, Russia is now forced to deal with another crisis: rising ethnic and religious tensions leading to terrorist attacks. In the last three months […]