Business

Business

Dharavikars to get highest carpet area than any SRA project in Mumbai

January 16, 2024 Vinayak Barot

Mumbai : Dharavi Redevelopment Project Pvt Ltd (DRPPL), a joint venture between the Adani Group and the Government of Maharashtra, today announced that eligible residential tenements in Dharavi will get flats with independent kitchens and toilets measuring a minimum 350 square feet (sq ft), which is a whopping 17% more and the highest among slum […]

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Ayodhya: Lord Ram’s consecration ceremony to generate Rs. 1 trillion worth of business

January 15, 2024 Vinayak Barot

Virendra Pandit    New Delhi: No event in Independent India has ever generated as much enthusiasm, and expectations, as the consecration ceremony to install the Ramlalla idol in Ayodhya on January 22—which is also projected to generate unprecedented business worth Rs. one lakh crore. According to the country’s leading trade body, Confederation of All India […]

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Poverty: ‘5 billion people are now poorer; the wealth of the 5 richest has doubled since 2020’

January 15, 2024 Vinayak Barot

Virendra Pandit    New Delhi: The COVID-19 pandemic may have been a blessing in disguise for some and an existential crisis for many. For, the fortunes of the world’s five richest men have more than doubled since 2020, and nearly five billion people have already turned poorer in this “decade of division,” according to the […]

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Technology: AI may affect 40% of jobs globally, says IMF

January 15, 2024 Vinayak Barot

Virendra Pandit    New Delhi: Artificial Intelligence (AI), the technology monster, may affect almost 40 percent of global jobs, according to the International Monetary Fund (IMF). According to an IMF analysis, AI will affect more than one-third of global jobs with advanced economies facing greater exposure than emerging markets and low-income countries, the media reported […]

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Forecast: Most economists say the world economy will weaken in 2024

January 15, 2024 Vinayak Barot

Virendra Pandit    New Delhi: More than half of leading economists believe the global economy will weaken this year, according to a report from the World Economic Forum (WEF). The global economic prospects will remain subdued and uncertain because of the challenges including tight financial conditions, geopolitical rifts, and the rapid development of Artificial Intelligence […]

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Ayodhya Abroad: Hindu Americans to celebrate the event as 10 US states display 40 billboards of Lord Ram

January 13, 2024 Vinayak Barot

Virendra Pandit    New Delhi: Ahead of the much-awaited grand consecration ceremony of Shri Ram Lalla in Lord Ram’s Temple in Ayodhya, Uttar Pradesh, on January 22, the religious fervor has gripped the Hindu Americans in a big way as at least 10 states in the USA have seen around 40 billboards of the event […]

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Roving Periscope: As the West targets the Houthis in Yemen, the Gaza War may widen

January 13, 2024 Vinayak Barot

Virendra Pandit    New Delhi: As the US and British forces launched fierce attacks on the Shia Houthi sites in Yemen and the Red Sea on Friday to clear the way for maritime traffic comprising over 2,000 commercial ships, and Iran threatening to retaliate, the three-month-old Gaza War involving Israel and the Palestinians may escalate […]

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Taiwan: China warns voters, condemns the US ahead of Prez poll on Saturday

January 12, 2024 Vinayak Barot

Virendra Pandit    New Delhi: As Taiwan geared up for the Presidential election on Saturday, China warned voters to make the “right choice”, saying a win for the frontrunner William Lai could endanger relations of the self-ruled island nation with the mainland which claims it is it’s own. China also criticized “brazen chattering” by the […]

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Roving Periscope: Despite Western sanctions, Putin claims Russia is the 5th largest global economy

January 12, 2024 Vinayak Barot

Virendra Pandit    New Delhi: As Russia completes two years of its Ukraine invasion on February 24, and struggles with Western sanctions on multiple fronts, President Vladimir Putin has claimed his country is now the fifth-largest economy worldwide. “Despite pressure, we are also now Europe’s largest economy,” he was quoted as saying in media reports […]

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Pakistan: Ahead of February NA polls, IMF approves a $ 700 mn loan tranche

January 12, 2024 Vinayak Barot

Virendra Pandit    New Delhi: Even as Pakistan’s economy is expected to grow at a meager 2 percent in the fiscal year 2024, the International Monetary Fund (IMF) tried to keep Islamabad’s nose up from drowning in bankruptcy by sanctioning another loan tranche of USD 700 million, ahead of the February 8 elections to National […]

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