Out of the top 11 Asia Pacific economies, the average monthly Indian starting salary was ranked ninth.
Lara Dutta is celebrating 20 years of being crowned Miss Universe!
India's e-commerce market is poised to grow by 84 per cent to $111 billion by 2024 on the back of accelerated adoption of digital technologies amid the COVID-19 pandemic, a report by fintech firm FIS said on Wednesday. The report noted that countries, including India, have seen a shift in consumer behaviour caused by COVID-19, and new payment trends are shown to be on the rise. FIS, in its 2021 Global Payments Report, examined current and future payment trends across 41 countries. India's e-commerce market is projected to grow by 84 per cent between now and 2024 to about $111 billion (from about $60 billion in 2020) driven by mobile shopping, which is projected to grow 21 per cent annually over the next four years, the report said.
Byju's is set to promote its chief operating officer (COO) Mrinal Mohit to a bigger role, including leading the India operations, according to people familiar with the matter. This is because Byju Raveendran, founder and chief executive officer (CEO) of the edtech giant - which is valued at $22 billion - is planning to focus on global expansion and acquisitions. Among the global regions, Raveendran may look at markets such as the US and the Middle East.
President Biden underscored that the United States will 'continue to stand up for its interests and values and, together with our allies and partners, ensure the rules of the road for the 21st century advance an international system that is free, open, and fair', the White House said in a readout of the meeting.
China on Friday concurred with External Affairs Minister S Jaishankar's observation that an Asian Century cannot happen if India and China don't join hands and emphasised that the two neighbouring countries have 'far more common interests than differences'.
The status of the current submarine force level is alarming and we need to address the threat perceptions expeditiously. Critical decisions pertaining to national security cannot be delayed any further due to the rapidly changing maritime threat perceptions and growing strategic importance of the Indian Ocean region, asserts Commodore Venugopal Menon (retd).
The Reserve Bank on Wednesday barred Mastercard Asia Pacific from onboarding new credit, debit and prepaid card customers with effect from July 22 as it failed to comply with data storage norms. The supervisory action will not impact existing customers of Mastercard, the Reserve Bank of India (RBI) said. Taking action against Mastercard, RBI said, "notwithstanding lapse of considerable time and adequate opportunities being given, the entity has been found to be non-compliant with the directions on Storage of Payment System Data".
S&P Global Ratings on Wednesday slashed India's GDP growth forecast for the current financial year to 9.8 per cent saying the second Covid wave may derail the budding recovery in the economy and credit conditions.
Navneet would like to believe the medal was worth the sacrifice.
In the audio clip, he is heard directing the attack on Chabad House during Mumbai 26/11 terror attacks.
Employees in India were more optimistic about the future of their national economy.
Amid news of a fuel shortage in some parts of the country and wider unrest over fuel issues in the neighbourhood, an analysis of the data from international tracker globalpetrolprices.com shows that the per litre price of petrol is higher in India than in seven out of its nine neighbours.
The Indian quartet of Lovely Choubey (lead), Pinki (second), Nayanmoni Saikia (third) and Rupa Rani Tirkey (slip) beat South Africa 17-10 in the women's fours final.
Moody's Investors Service on Monday said the bank capital will moderately fall in emerging Asia over the next two years, with India seeing larger capital decline without further infusion. In a report, Moody's said the uncertain trajectory of asset quality is one of the biggest threats for emerging market banks, as operating conditions remain challenging amid the current COVID pandemic.
When Jiang Zemin traveled, as you can see in the photographs here, a Kodak Moment was never far away.
The Financial Action Task Force (FATF) on Friday retained Pakistan on its 'grey list' for failing to check money laundering, leading to terror financing, and asked Islamabad to investigate and prosecute senior leaders and commanders of United Nations-designated terror groups, including Hafiz Saeed and Masood Azhar.
Asia-Pacific economies continue to outpace other regions of the world, whose growth prospects have weakened over the first half of 2013.
The US remains the country with the largest number of ultra-high-net-worth (UHNW) households.
President Xi Jinping on Tuesday pushed China's free trade vision for the Asia Pacific region and asked APEC to "break open closed doors" as leaders of the grouping held talks on forging consensus over opening up commerce in the resource-rich and economically dynamic region.
The research firm expects global smartphone shipments to surpass a billion units this calendar year and 1.7 billion by 2017 aided by steady decline in average selling prices and emerging markets, including Asia Pacific, Latin America, and Middle East and Africa contributing in volumes.
Microsoft India on Tuesday said it has collaborated with Invest India to support tech startups in the country. As part of the partnership, the Microsoft for Startups programme will work closely with Accelerating Growth of New India's Innovations (AGNIi Mission) - a programme of the Office of the Principal Scientific Adviser to the Government of India, a statement said. Housed and executed by Invest India, AGNIi Mission helps startups become enterprise-ready.
Pakistan has been scrambling in recent months to avoid being added to a list of countries deemed non-compliant with anti-money laundering and terrorist financing regulations.
India's star boxer Vijender Singh does not want to carry the baggage of last year's maiden defeat on the professional circuit as he returns to the ring.
Three big cities -- Mumbai, Kolkata and Bangalore -- have been rated below average compared to other mega cities in Asia-Pacific in terms of keeping pollution levels in check, said a report of the United Nations Development Programme (UNDP). Delhi is the only Indian city featured in the average category.
The second wave of COVID-19 may have a more lasting damage on the Indian economy and exports will once again be the foundation for recovery, Moody's Analytics said on Monday. In its report titled 'APAC Economic Outlook: The Delta Roadblock', Moody's Analytics said social distancing is weighing on the current quarter, but economic recovery will resume by the year-end. The Delta variant of COVID-19 is among factors now adversely affecting economies of the Asia-Pacific (APAC) region, but the economic hit from the current round of movement restrictions in the region will not be as severe as the recessions in the second quarter of last year.
With respect to the cancelled flights, customers can opt for a full refund or alternative travel dates free of cost.
The Omicron variant of Covid-19 adds new uncertainties to the global economic outlook but much will depend on its speed of transmission, hospitalisation and death rates, and also the effectiveness of vaccines, Moody's Analytics said on Monday. In its commentary titled 'Much to Learn About Omicronast', Moody's Analytics said although the variant appears to spread "remarkably quickly", it will be at least two more weeks before more will be known about this new variant. "The Omicron variant of COVID-19 adds new measures of uncertainty to the outlook for the global economy, although it is too soon to adequately quantify that risk.
Inbound cross-regional deals, however, accounted for just 12 per cent of total Asia Pacific volume, down 4 percentage points compared to that in 2008, the report added. Within the Asia Pacific region, Australia was the most targeted nation as it attracted $128.2 billion through billion-dollar deals announced during the year.
Australia and New Zealand were handed the right to host the 2023 Women's World Cup soccer tournament by a comfortable margin after a vote by the FIFA Council on Thursday. Their joint proposal beat a rival bid from Colombia to host the tournament which is being expanded to 32 teams.
Although the pact would focus mainly on the Pacific and the South China Sea region, any action designed to deter China with or without New Delhi's active participation is a welcome move, notes Commodore Venugopal Menon (retd).
According to IFJ's list for 2018, armed conflict and militant extremism accounted for most journalists' killings.
'Recent underperformance notwithstanding, equities should constitute a major part of investors' financial portfolio.'
America's Asia-Pacific policy will come unhinged without Indian support and Indian desire to effectively balance China will remain just that, a desire, without American support, feels Harsh V Pant.
According to preliminary report on world airport traffic for 2011 by Airport Council International, passenger traffic in the Asia-Pacific region was recorded at 1.43 billion, an increase of 5.7 per cent for Asia-Pacific area when compared to 2010.
Will bout will offer viewers the glitz and glamour of Vegas-style boxing event
A country required two-thirds majority of 124 to win a seat in the elections.
Moody's has a 'Baa3' rating for India, with a positive outlook.
China, which has territorial disputes with many countries in the strategic Indo-Pacific region, has been opposing the Quad alliance since its formation.
Most of the Asia-Pacific economies would be cushioned by healthy foreign exchange reserves in the last quarter of the current calendar year, global ratings agency, Standard & Poor, said in a report.
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