A summary of sports stories from across the globe
'There are reports that the Biden administration is contemplating imposing CAATSA sanctions against India, the largest democracy on Earth'
The US is intensifying pressure on China, piling on visa bans, sanctions and other restrictions that are battering the already unsettled ties between the world's two largest economies.
The tiny Central American nation of El Salvador has embarked on an interesting experiment by recognising bitcoin as legal tender. This is proving painful for many of its citizens but it's a useful "pilot" project for larger economies that are contemplating the peculiarities of this new asset class. El Salvador has a population of 6.5 million and GDP of about $27 billion.
The ineptness of successive American presidents, from Bush the Younger to Joe Biden the Old, combined with the cluelessness that Americans demonstrate in foreign lands, contrasts with the Chinese leadership's seemingly singular focus on the accumulation of wealth and power, asserts T N Ninan.
Eleven days, 18 hours and 45 minutes after setting out from California, Srinivas Gokulnath created history by becoming the first Indian to complete what is considered to be the toughest cycle race in the world -- the 4,900-km Race Across America (RAAM) in the solo category.
Even as domestic passenger car sales declined 29.4 per cent between April and August this year, exports grew 6.5 per cent, partially cushioning the blow from slowing sales.
In a series of tweets on Friday, the Indian-American physician said that his 4-year-old daughter last week tested positive for the virus first with fever and sore throat.
In spite of Mukesh Ambani, Gautam Adani, the Poonawallas and many other Indians seeing a jump in their net worth in the pandemic-hit 2020, overall wealth of the country's super-rich dipped 4.4 per cent to $12.83 trillion in the year due to the rupee's fall, and so did their tally, says a report. The number of dollar millionaires in India fell from 7,64,000 in 2019 to 6,98,000 solely because of the rupee's fall, while their cumulative wealth stood at $12.833 trillion, down $594 billion or 4.4 per cent from the previous year, according to the report by Credit Suisse Research Institute. The country is home to just 1 per cent of the global rich, whose number rose by 5.2 million to 56.1 million in the COVID-hit year. However, the report expects the number of millionaires in India to soar 81.8 per cent to 1.3 million by 2025.
A Internet sensation, she has over 2.1 million followers on Instagram.
The Budget, to be presented on February 1, is likely to be less worried about fiscal deficit and will be focused more on nursing the fragile growth, according to a Wall Street brokerage report. Bank of America Securities India expects the budget to peg "fiscal deficit at a high 5 per cent of GDP for FY22 and 7.2 per cent for FY21, as it is likely to step up capex, recap public sector banks, push asset sales to break government monopolies, offer sops for real estate, tax cuts for lower income groups and creation of a bad bank". Its house economists expect these spends to be funded by debt and partly by imposing a cess on high income groups and also by some non-fiscal measures like tapping the central bank's revaluation reserves and bank recapitalisation and infra bonds.
In a statement just before leaving for the US, Modi said he will conclude his visit with an address at the United Nations General Assembly focusing on the pressing global challenges including the COVID-19 pandemic, the need to combat terrorism, climate change and other important issues.
Six football officials were arrested in Zurich early upon request from US authorities, suspected of receiving bribes worth millions of dollars, Swiss authorities said.
The suit alleges that Acosta and CNN's First and Fifth Amendment rights are being violated by the ban.
The Sikh taxi driver was assaulted by an unidentified man, who knocked off his turban and also used expletives against him.
The United States would have to grant entry to players, officials and fans from any country that qualified if it won the right to host the 2026 World Cup finals, soccer body FIFA said.
The Modi government has to embrace the history of Tamil conquests in South East Asia and stop obsessing about Babar/Humayun, argues Colonel Anil A Athale (retd).
In the US, VW faced penalties of up to $18 billion.
Demand has also jumped from abroad, including the European Union and America.
Any Indian government at this juncture would have voted and spoken exactly this way. It isn't just about the vast Indian dependence on Russian-origin military equipment. It is also about trust, asserts Shekhar Gupta.
The billions India invested in dams, schools, etc in Afghanistan will be gone. The Hindu and Sikh population of Afghanistan has already shrunk from some 200,000 to about 500, points out Rajeev Srinivasan.
The Bharatiya Janata Party leader also claimed that the entire controversy was an "international conspiracy by the Left-wing organisations, including Amnesty International," to defame the Narendra Modi-led Central government.
Taliban failed to honour Doha accord, never renounced Al-Qaeda: US general Mark Milley
Former FIFA vice-president Chung Mong-joon, one of the most influential figures in Asian soccer, told Reuters on Thursday he is entering the race to replace Sepp Blatter as president of football's world governing body.
Pope Francis is a lifelong fan of the Buenos Aires San Lorenzo soccer team.
The bond market is not in a mood to reason with the Reserve Bank of India (RBI) on keeping yields low. The 10-year bond yields continued to rise for the fourth straight session to close at 6.202 per cent from its previous close of 6.135 per cent. The yield was at 6 per cent a week ago. The RBI wants the yields to remain at 6 per cent, but bond dealers say the central bank will have to step up its bond-buying programme.
In the Nagpur Central Jail, a COVID-19 patient who has been complaining since the last 10 days of high fever, breathlessness, joint pain, cold and sore throat, is being treated in jail quarantine. The prisoner is Professor G N Saibaba, 90% handicapped, wheelchair-bound, with a damaged heart and pancreas; dependent on others even for his essential bodily functions.
US prosecutors on Monday made public their 2013 plea agreement with Chuck Blazer, revealing that the former FIFA executive committee member had been secretly providing authorities information for nearly two years before he admitted guilt.
'An ambassador may not be sure whether there would be a war next month, but prudence requires him to take action to see to it that people leave early.' 'Because once the war starts, it will be very difficult to move out.'
"Now, our 20-year military presence in Afghanistan has ended," he said, thanking armed forces for their execution of the dangerous retrograde from Afghanistan as scheduled -- in the early hours of Tuesday (August 31) -- with no further loss of American lives.
The RBI governor is focused on growth, and keeping rupee slightly depreciated is part of that 'Atmanirbhar Bharat' strategy.
The employment situation remains dire. Whatever can be done to promote greater low-skill employment should be pursued aggressively, advises former chief economic adviser Shankar Acharya.
There are overvaluation and excesses in many pockets of the market. This is most obvious in the IPO market, where loss-making companies have inflicted large losses on investors, observes Debashis Basu.
However, the RBI is still not in a mood to issue an OMO calendar, which was the expectation in some sections of the market.
The women's age group showpiece was to be held at five venues in the country --Kolkata, Guwahati, Bhubaneswar, Ahmedabad and Navi Mumbai -- from November 2-21. FIFA Under-17 Women's World Cup was postponed by football's governing body due to the worsening COVID-19 pandemic across the globe.
The decision to speak to the political convention in pre-recorded remarks from Jerusalem breaks with the longstanding precedent of sitting secretaries of state avoiding partisan politics and appears to violate guidance on political activities that Pompeo himself emphasised in a cable to diplomats just last month.
Hassanain is being charged with Assault in the Third Degree as a Hate Crime, Assault in the Third Degree, and Aggravated Harassment in the Second Degree, and will be arraigned on Saturday, it added.
A former executive committee member of soccer's global governing body FIFA told a US judge in November 2013 that he and other officials took bribes in connection with the 1998 and 2010 World Cups.
Prime Minister Narendra Modi in his first-ever in-person meeting with President Joe Biden raised a number of issues involving the Indian community in America, including access for Indian professionals in the US and speaking about the H-1B visas, Foreign Secretary Harsh Vardhan Shringla has said.
An alert government in Delhi should have begun government-to-government discussions with Moscow the moment it came to know that Russians were developing a vaccine. That is to say, almost an year's time has been lost, observes Ambassador M K Bhadrakumar.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances