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Global economy: World Bank slashes growth forecasts to just 1.7% in 2023

January 11, 2023 virendra pandit

Virendra Pandit New Delhi: Painting a gloomy picture for 2023, the World Bank has slashed its growth forecasts for most countries and regions, and warned that new adverse shocks could tip the global economy into a recession. Global GDP will probably increase only 1.7 percent this year, about half the pace forecast in June 2022, […]

Business

Clean energy: India approves an Rs.19.7 k crore mission for green hydrogen

January 4, 2023 virendra pandit

Virendra Pandit New Delhi: In a significant development, the Government of India on Wednesday approved the National Green Hydrogen Mission (NGHM) with an initial outlay of Rs 19,744 crore, aiming to make the country a global hub for manufacturing this clean source of energy. Prime Minister Narendra Modi launched this Mission on August 15, 2021, […]

Business

Extreme weather: ‘Bomb cyclone’ kills 32 in the US as millions freeze in the darkness

December 26, 2022 virendra pandit

Virendra Pandit New Delhi: A relentless and brutal winter storm that brought Christmas chaos to millions of Americans will dissipate only slowly, the US National Weather Service (NWS) said on Monday, after intense snow and frigid cold caused power outages, travel delays, and at least 32 deaths across the eastern part of the country. […]

Business

Digital markets: India’s online sales in the festive month were up 25% YoY to Rs.76,000 cr

November 18, 2022 virendra pandit

Virendra Pandit New Delhi: India not only accounts for nearly 40 percent of all digital payments in the world, but it also saw robust online sales worth Rs. 76,000 crores in the festive month (September 22 to October 23, 2022), a healthy 25 percent per year-on-year growth, market reports said on Thursday. According to […]

Business

Population Bomb: As the world now has 8 bn people, India to replace China in 2023

November 15, 2022 virendra pandit

Virendra Pandit New Delhi: It is worrying that Earth now has 8 billion mouths of Homo sapiens to feed when the global climate is collapsing, the world is worried over international conflicts with new war theatres emerging, and the planet is facing a global recession in 2023, with food, fuel, and financing crises looming […]

English

Overuse Of Social Media Can Lead To Depression: Report

October 4, 2022 Vinayak Barot

New Delhi: The latest research published in the Journal of Affective Disorders shows that young adults who are more active on social media are substantially more likely to develop depression within six months, irrespective of their personality type. The report demonstrated that individuals with high agreeableness had a 49% lower risk of developing depression than those […]

Business

Technology: PM Modi launches 5-G services; countrywide rollout by March ’24

October 1, 2022 virendra pandit

Virendra Pandit New Delhi: Prime Minister Narendra Modi on Saturday said the rollout of 5-G communication services in India will make sure the country played an active role in the development and implementation of technology, rather than remaining an end-user. With this launch, India has become only the fifth nation—after Finland, Sweden, South Korea, […]

Business

No WfH? Moonlighting millennials oppose returning to their offices!

September 19, 2022 virendra pandit

Virendra Pandit New Delhi: While Information Technology (IT) majors have relaxed Covid-19 pandemic restrictions and reopened their offices for all staff, the millennial generation, enjoying the flexibility of work and life, seems no longer ready to return to official workstations. Their flexibility to balance work and life also gave them an opportunity to ‘moonlight’ […]

Business

Jitna zaruri, utna kaam: To avoid burnout, the US workforce draws a line between life and work

August 29, 2022 virendra pandit

Virendra Pandit New Delhi: The Covid-19 pandemic’s after-effects continue to haunt the corporate world. Realizing the need for greater work-life balance, many in the US workforce are following simple things: “Act Your Wage,” that is, work should match compensation, and they don’t mind quitting quietly soon afterward. According to the media reports, most US […]

Defence

Roving Periscope: Returning Gotabaya may spell more trouble for Sri Lanka

July 27, 2022 virendra pandit

Virendra Pandit New Delhi: A week after Ranil Wickremesinghe took oath as Sri Lanka’s President until November 2024, his unpopular predecessor Gotabaya Rajapaksa, who secretly fled the country on July 13 amid violent protests in the financially crippled island nation, is allegedly trying to return from Singapore where he fears he might be indicted […]