More opportunity awaits in India, thanks to decent economic growth with a rising middle class that's just discovering the web through smartphones
Warning that the world economy is now "teetering on the brink of a severe global downturn," the United Nations said it expects growth this year to be sharply lower at 1.8 per cent - nearly half of the 3.4 per cent growth estimated only three months ago.
IPO-bound hospitality major Oyo's India Chief Executive Officer (CEO) Ankit Gupta and the head of its Europe business Mandar Vaidya have resigned. A company spokesperson told Business Standard that the two had moved on from their roles six months ago in March 2023. During the same period, Oyo had rejigged its top management, where the company's COO Abhinav Sinha was reassigned as Chief Product and Technology Officer, while Chief Business Development Officer Anuj Tejpal was reappointed as Global Chief Merchant Officer.
L&T had also sought shareholders' approval to raise $600 million through a qualified institutional placement.
There is mounting evidence that suggests that Omicron subvariants -BA.4 and BA.5 - are infecting people who have been vaccinated.
Remittances to India are likely to drop by 23 per cent from USD 83 billion last year to USD 64 billion this year due to the coronavirus pandemic, which has resulted in a global recession, the World Bank has said. Globally remittances are projected to decline sharply by about 20 per cent this year due to the economic crisis induced by the pandemic and shutdowns, according to a World Bank report on the impact of the Covid-19 on migration and remittances released on Wednesday.
The government declared NSCN-K, all its front organisations and formations as a terrorist organization under the Unlawful Activities (Prevention) Act, 1967, a home ministry spokesman said.
Rediff Labs investigates the link between environment and economy in countries around the world.
Yaadhum is a documentary that talks about how Islam spread in South India because of trade and not through invasion.
Indian paddler G Sathiyan has qualified for his maiden Summer Games with a comfortable 4-0 win over Pakistan's Muhammad Rameez in the Asian Olympic Games Qualification Tournament in Doha.
The Centre has warned it is likely that the spread of the new variant will outpace the Delta variant where there is community transmission.
The war of words between China and the US heated up on Tuesday with an American Admiral defending last week's US naval ship's foray near Chinese-made artificial islands in the area while Beijing blasted the move as a "blatant provocation".
India and Japan have a shared interest in countervailing China's hegemonic ambitions in Asia. Although neither has an interest in forming an overt anti-China alliance, Tokyo and New Delhi feel increasingly obligated to work together to find ways to guard against a muscular Beijing's power sliding into arrogance, says Brahma Chellaney.
The United States has dismissed reports of propping up India as a counterweight to China by agreeing to scrap the 30-year-old ban on nuclear exports to New Delhi.
The Indian economy, severely hit by the coronavirus pandemic, is projected to contract by a massive 10.3 per cent this year, the International Monetary Fund said on Tuesday. However, India is likely to bounce back with an impressive 8.8 per cent growth rate in 2021, thus regaining the position of the fastest growing emerging economy, surpassing China's projected growth rate of 8.2 per cent, the IMF said in its latest 'World Economic Outlook' report.
The Doha-based airline operates across 145 business and leisure destinations spanning over the Middle East, Asia Pacific, Africa, North America and South America with a fleet of 139 aircraft.
An aggressive Pyongyang is likely to force Seoul and Tokyo to build nuclear deterrents and thus thwart Beijing's ambitions.
The Working Mechanism for Consultation and Coordination on India-China Border Affairs (WMCC) was established in 2012 as an institutional mechanism for consultation and coordination for the maintenance of peace and tranquillity in the border areas.
The WHO said the four current 'Variants of Concern' being monitored closely - Alpha, Beta, Gamma and Delta - are widespread and have been detected in all WHO regions.
'RBI is already late in addressing inflation pressures.'
The resolution condemns additional Chinese provocations, including China's use of military force to change the status quo along the Line of Actual Control, construction of villages in contested areas, publication of maps with Mandarin-language names for cities and features in the Indian state of Arunachal Pradesh, and expansion of Beijing's territorial claims in Bhutan.
The B.1.617 variant was first detected in India and was divided in three lineages -- B.1.617.1, B.1.617.2 and B.1.617.3.
According to a report by Greenpeace and AirVisual, air pollution will cause around 7 million premature deaths globally next year.
Aveek Sen on how the Lashkar e Tayiba looks at the world while focusing on India and Afghanistan.
'Increasingly, there is a tendency to magnify 'victimhood' of the minority for electoral gains and vote bank politics.'
'There is no doubt that there is a worldwide rise in Islamophobia. There is a tendency amongst some in India to react to this in the Indian milieu,' says Colonel Anil A Athale(retd).
Major General S C N Jatar, who passed into the ages on Monday night, thwarted anti-national forces at the peak of the Assam agitation. Colonel Anil A Athale (retd) salutes this officer and gentleman.
'We are beginning to see that the rest of the world will not simply accept the domination of one power'
The BJP's Karnataka unit shared photographs of the artworks inside the new Parliament House, including the murals of ancient India, Chanakya, Sardar Vallabhbhai Patel and B R Ambedkar and the cultural diversity of the country.
United States President Joe Biden and First Lady Dr Jill Biden on Monday hosted a Diwali reception at the White House in what they called the largest since the People's House started celebrating the festival during the George Bush administration.
A new sub-lineage BA.2.75 of the Omicron variant of the coronavirus has been detected in countries like India and the World Health Organisation is following this, Director-General Tedros Adhanom Ghebreyesus said.
However, the territorial administration cancelled the journey of two other vessels following warning of high tidal waves in the Arabian Sea due to tremors that hit South East and South Asia.
Tulsidas Balaram, who passed into the ages last week, was a member of the Indian football team which reached the semis at the Olympics and won an Asian Games gold medal.
The acquisition will give the Tatas a firm footing on international routes and generate economies of scale.
ISRO Chairman Dr A S Kiran Kumar said there was no information loss following the alleged hacking of the website of the space organisation's commercial arm Antrix Corporation Ltd.
Jio has been allocated spectrum in 28 gigahertz to run 5G trials.
'No Cold War should be reignited and no Ukraine-style crisis should be repeated in Asia'
'India-China economic ties are likely to take a hit in the wake of the new situation, but that also provides India with a new opportunity to strengthen its manufacturing base,' points out Dr Rajaram Panda.
The minister said this underlying resentment and pain of those countries regarding the global economy was building up for the last 15-20 years and the COVID-19 pandemic and the Ukraine conflict resulted in prices of energy and food items going up.
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