North Korea has ordered parents to give their children patriotic names including the likes of ‘bomb’ and ‘gun’ – as the dictatorship clamps down on using gentler, more uplifting monikers. Previously, Pyongyang had allowed people to use names that ended on softer vowels such as A Ri (loved one) and Su […]
India has jumped to the 48th position — its highest ever spot — in the global aviation safety ranking by the International Civil Aviation Organization (ICAO), the Directorate General of Civil Aviation (DGCA). Four years ago, the country was ranked at the 102nd position. In the ranking, Singapore is at […]
The Reserve Bank of India (RBI) on December 1, 2022, began the much-awaited trial run of India’s first retail central bank digital currency (CBDC) or ‘e-rupee’ in four cities—Mumbai, Delhi, Bengaluru, and Bhubaneswar—through eight participating banks. CBDC is not expected to replace India’s premier instant payment solution, Unified Payment Interface (UPI), instead, […]
All over the world, the cost-of-living crisis is continuing to bite. According to the Worldwide Cost of Living Index, which is run by Economist Intelligence Unit (EIU), the average cost of living is up by 8.1 percent – largely thanks to the Russian war in Ukraine and the long-term consequences of the pandemic. […]
The number of Indian gamers is expanding at a compounded annual growth rate (CAGR) of 12% and is expected to jump to 700 million in FY25 compared with 507 million in 2021, said a new report by Dentsu titled Gaming Report India 2022 – For the Game. The report said […]
The World Bank Report has stated that India, the third largest economy of Asia, is set to become the first country to receive $100 billion in remittances from migrant workers abroad. Notably, India had received $89.4 billion in remittances in 2021, according to the World Bank report, which then made […]
Equity Research major Morgan Stanley (MS) on Monday said the Sensex could hit 80,000 by the end of 2023. This comes even as the Sensex closed at a record high of 62,504 after gaining 0.34 per cent, or 211 points. The Nifty rose 0.27 per cent, or 50 points, to […]
The Centre for Policy Analysis (CPA), in its first global minority report, has listed India at the top of the list of countries for its treatment of religious minorities. India has topped the list on counts of inclusiveness towards religious minorities. Released by former Vice President of India Venkaiah Naidu, […]
SVR Srinivas, Chief Executive Office of Dharavi Redevelopment Project said, “We got three bids of which we opened two financial bids of Adani and DLF as Naman Group did not qualify in the technical bidding. The bid by Adani Group was for Rs 5,069 crore and DLF was Rs 2,025 crore. We will […]
India’s newest financial hub is rising from scrubland near the banks of the Sabarmati River once dominated by marsh birds and grazing buffalo. In the state of Gujarat, just a few glass-fronted towers greet the 20,000 employees of companies such as JPMorgan Chase & Co. and HSBC Holdings Plc […]
Months before President Vladimir Putin launched a full-scale invasion of Ukraine, he was planning to attack Japan, according to an alleged letter from a whistleblower at Russia’s Federal Security Service (FSB). In March, an FSB agent, dubbed the ‘Wind of Change’ reportedly wrote a letter to Vladimir Osechkin, a Russian […]
China held a meeting this week with 19 countries from the Indian Ocean region in which India was conspicuously absent. The China International Development Cooperation Agency (CIDCA), an organisation connected with the Chinese Foreign Ministry held a meeting of the China-Indian Ocean Region Forum on Development Cooperation on November 21, […]
The world population surged past 8 billion people on Tuesday, the United Nations said, warning that more hardship is in store for regions already facing resource scarcity due to climate change. Whether its food or water, batteries or gasoline, there will be less to go around as the global population […]
The United States Department of Treasury has taken off India’s name from the from its Currency Monitoring List of major trading partners. In its biannual report to Congress, the US’ Treasury Department conveyed that along with India, it had also removed Mexico, Thailand, Italy and Vietnam from the list. With […]
Electric vehicles (EVs) may play a critical role in the future of mobility but the journey so far has been fraught with challenges. While customers may fundamentally be in favour of switching to electric alternatives, when it comes to buying one, they are still hesitant. The biggest impediments to the […]
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