The year 2020 could see the worst global economic fallout since the Great Depression in the 1930s, with over 170 countries likely to experience negative per capita income growth due to the raging coronavirus pandemic, IMF Managing Director Kristalina Georgieva said on Thursday. Georgieva made the remarks during her address on 'Confronting the Crisis: Priorities for the Global Economy' in Washington, DC, ahead of next week's annual spring meeting of the International Monetary Fund and the World Bank.
Disruption and police intrusions marred Russia's first open Lesbian, Gay, Bisexual and Transgender (LGBT) athletic competition this week, organisers said.
Quelling fears of a takeover by Ola, which is also funded by Uber's major investor SoftBank Group, the US-based cab aggregating giant made it clear that the company was not ceding its position in India, one of its core markets.
Argentina has made significant progress on LGBT+ rights in recent years, in 2010 becoming the first country in Latin America to let gay and lesbian couples marry and adopt children. Vega posted a letter on social media coming out to his fans - the first openly gay professional basketball player in Argentina's history.
The policy change was originally scheduled to come into effect on February 8, the Facebook-owned company said.
India is home to the highest number of hungry people in the world.
Revenues from IT services segment, which accounts for a significant portion of the company's topline, stood at $2.013 billion, remaining flat sequentially and up by 5.8 per cent year-on-year.
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.
River Plate battled back to beat arch Argentine rivals Boca Juniors 3-1 in extra-time in an unforgettable and unique Copa Libertadores final second leg, played in Madrid after violence had seen the original game postponed.
Mexico have confirmed Miguel 'Piojo' Herrera will coach the national squad at the World Cup finals in Brazil next year.
First Secretary Sneha Dubey gave a blistering retort to Khan in the UN General Assembly as she delivered India's strong Right of Reply from the UNGA hall, carrying on with a tradition seen over the past few years of young Indian diplomats taking on Pakistani leaders and strongly responding to their rants over Kashmir and other internal matters of India.
Already a fifth of the nearly Rs 8,000 crore toothpaste market in India (around Rs 1,500 crore) is herbal with the segment estimated to become a fourth (or Rs 2,000 crore) in the next few years.
Initiative aims to encourage more people to use the Internet.
About 98.5 per cent of all spam calls in India originate from domestic numbers. However, spam calls received by users in India have decreased by 34%.
Airline to deploy around 50 planes in the next seven months
In its first overseas acquisition after parting ways with Honda, country's largest two-wheeler maker Hero MotoCorp (HMC) on Monday said it has picked up 49.2 per cent stake in US-based high-end motorcycle maker Erik Buell Racing (EBR) for $ 25 million (about Rs 148 crore).
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The Paris-based global drug giant announced last week that it would have the vaccine available by the first half of next year.
New Zealand's Olympic athletes and officials have been warned of the risk associated with the Zika virus on Friday, including the possibility that it could be sexually transmitted.
The country received $ 6bn in clean energy investment in 2013, out of a total of USD 62bn from 2006 to 2013.
Samsung has reason to be worried.
Growth in emerging market and developing economies will slow to 4.4 per cent in 2014, before rising to 5.0 per cent in 2015, it said.
Six football officials were arrested in Zurich early upon request from US authorities, suspected of receiving bribes worth millions of dollars, Swiss authorities said.
In defiance of the United States, two Latin American countries -- Venezuela and Nicaragua -- offered asylum to Edward Snowden, leaker of the United States secretive surveillance programme.
SoftBank-backed Ola Electric took the wraps off its maiden e-scooter offerings -- Ola S1 and S1 Pro -- for a commercial launch on Sunday. With prices starting from Rs 99,999 (excluding state government incentives, registration fee, and insurance cost), the Bhavesh Aggarwal-founded firm said the e-scooters are designed and engineered in India for the world and will deliver the best scooter experience to the consumer. He suggested that after 2025, sale of petrol-powered two-wheelers should not be allowed.
The stronger-than-expected recovery in remittances -- payments that are key to supporting the economies of many poor countries -- was driven by growth in Europe, Russia, and the United States.
An online campaign, which encourages mothers to tell their sons about the harassment they face, has now gone viral.
Noel Tata likes to relax at his Alibaug beach home on weekends, but he is equally passionate about driving on the Mumbai-Pune Expressway at a speed of over 100 kilometres per hour.
India on Thursday said that the United Nations Security Council reform is the "most urgent and pressing need" and called for inclusion of more developing nations in the decision making structures of the powerful world body.
The World Cup could be targeted again next year for demonstrations in Brazil against graft and poor public services but FIFA should not be held responsible or made a scapegoat, general secretary Jerome Valcke warned on Tuesday.
Defiant to the end, Brazil's first female president urged her supporters to mobilise as she braces for an impeachment trial that is set to drag on for months.
Shringla last served as India's envoy to the US. He will be serving a two-year term. In the course of a diplomatic career spanning 35 years, Shringla has held a variety of positions in New Delhi and abroad, and is considered an expert on India's neighbourhood.
It is the most potent symbol of India's soft power -- more perhaps than the IT industry and our managerial skill, notes Vanita Kohli-Khandekar
Men's exclusion from the reproductive debate contributes to gender inequalities, a study has revealed.
In the start-up world, hitting the $1-billion mark, which accords the "Unicorn" tag, is a milestone. Enterprises typically reach the milestone only by series C or series D, or three to four funding rounds later. Zeta achieved it at the first one. On May 25, the six-year-old banking tech firm raised $250 million from Japanese conglomerate SoftBank, at a post-money valuation of $1.45 billion. "This is the first time we have raised institutional money," Zeta co-founder Bhavin Turakhia beamed on the conference call. This trajectory is uncommon in start-ups.
'Elevator rules deem no more than two people for a unit that carries six people, and as an employee enters the office, there are three masks to be used for five hours each a day, then disposed and one for the next day as well.'
'When I was around 6 years old, my brother was competing in Spelling Bee, so I wanted to do it too.'
Neemuchwala will be a big asset when it comes to setting things right.
With a middle class still so small and no apparent leaps in productivity on the farm or in manufacturing on the horizon, India faces its own age of diminished expectations.
The mobile -- billed as the world's slimmest phone at 6.5 mm thick -- will go on sale in 31 markets, including Britain, Germany and China, starting this month for 449 euros ($630) without a SIM card or service contract.
Lithuania's Laura Asadauskaite will be favourite to defend her Olympic title when modern pentathlon enjoys a rare share of the global sporting spotlight on the final weekend of the Rio Games.
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