The five-time prime minister was re-appointed to the job on May 12 following the political circus precipitated by the unprecedented economic crisis in the island's history.
Sectors which attracted maximum foreign inflows during April-June 2019-20 include services (USD 2.8 billion), computer software and hardware (USD 2.24 billion), telecommunications (USD 4.22 billion), and trading (USD 1.13 billion), the commerce and industry ministry data showed.
Sri Lanka's Hambantota Port authorities said the high-tech Chinese research vessel that was to dock there on Thursday won't reach the port as scheduled, according to a media report, days after India expressed security concerns over its presence in the island nation.
Star Australian opener David Warner did a Cristiano Ronaldo during the ongoing T20 World Cup as he removed Coca Cola bottles placed in front of him during a press conference for a brief while.
The Chinese investor in the parent firm of Koo, India's answer to Twitter, is on its way out after other investors have pledged to buy out its 9 per cent stake, Koo's co-founder and CEO Aprameya Radhakrishna said.
Billionaire Gautam Adani's son Karan will helm the cement firms his group has acquired to become India's second largest cement player and extend his burgeoning empire that spans from ports and energy to airports and telecom.
Riled by Sri Lanka's request to defer the planned docking of a high-tech Chinese research vessel at the strategic Hambantota Port, China on Monday took a dig at India, saying it was "senseless to pressure" Colombo by citing the issue of security concerns.
The country's foreign exchange reserves touched a life time high of USD 555.12 billion after it surged by USD 3.615 billion in the week ended October 16, according to RBI data.
The ship will now arrive on August 16 and remain at the Hambantota port till August 22, they said.
Internet giant Google will invest USD 1 billion in telecom major Bharti Airtel, which includes equity investment as well as a corpus for potential commercial agreements, to be identified and agreed on mutually agreeable terms over the course of the next five years.
In India, air pollution is most severe in the Indo-Gangetic Plain (northern India), where topography and meteorology concentrate pollution from energy, mobility, industry, agriculture, and other activities, the researchers said.
The country's foreign exchange reserves swelled by USD 3.005 billion to a lifetime high of USD 490.044 billion in the week ending May 22, mainly on account of a rise in foreign currency assets, RBI data showed on Friday. In the previous week, the reserves had increased by USD 1.726 billion to USD 487.04 billion.
China on Thursday told Pakistan's new Prime Minister Shehbaz Sharif that it will always put its "all-weather ally" as a priority in its neighbourhood diplomacy as it praised his commitment to promote the USD 60 billion CPEC initiative.
It was gold rush for India at the Asian Junior Boxing Championships in Dubai on Sunday with four pugilists from the country winning gold medals.
These unicorns, or startups valued at over USD 1 billion, are across industries, beyond technology and tech-enabled sectors as well, like pharmaceuticals, and consumer goods, Credit Suisse India equity strategist Neelkanth Mishra told reporters in Mumbai.
The jump in the sale of American weapons to India comes at a time when sale of weapons from the US to other countries has dipped to USD 50.8 billion in 2020 from USD 55.7 billion in 2019.
India is struggling with a second wave of the pandemic with more than 3,00,000 daily new coronavirus cases being reported in the past few days, and hospitals are reeling under a shortage of medical oxygen and beds.
Trade deficit during the month narrowed to USD 14.54 billion from USD 15.3 billion in January 2020. It was USD 15.44 billion in December 2020.
"In 47 years, Joe did none of the things of which he now speaks. He will never change, just words!" Trump tweeted his first reaction to Biden's acceptance speech on Thursday.
Once formulated, this will be the fifth case against the ousted premier by the NAB.
Tata group's hospitality firm Indian Hotels Company Ltd (IHCL) on Friday said its 'Taj' brand has been rated as the strongest hotel brand in the world. According to the 'Hotels 50 2021' report by Brand Finance, Taj topped the strongest brands list for having stood resilient in spite of the challenges posed by the pandemic, besides other achievements.
China's GDP grew by 4.9 per cent in the third quarter, down from 7.9 per cent in the second, confirming the slowdown of the world's second-largest economy which was under pressure from the crisis-hit property sector, curbs on energy and tardy recovery from the Covid-19 pandemic.
Artificial Intelligence will create 2.3 million machine learning jobs by 2020.
In fact, the Taliban apparently collects about 10 per cent as cultivation tax from opium farmers and 15 per cent as heroin tax from laboratories and smugglers that smuggle narcotics into Pakistan. This, by itself, is a revenue stream estimated at USD 250-300 million.
An "upset" Republican lawmaker from Pennsylvania has donated USD 4,000 in campaign contributions to charity after learning that they came from two men accused of being agents of Pakistan's Inter-Services Intelligence, including Kashmiri separatist leader Ghulam Nabi Fai.
Government think-tank body Niti Ayog CEO Amitabh Kant supported the industry demand and called for setting up of a single window clearance system for expeditious approval of projects. Start-ups and small medium enterprises requested the prime minister to provide support in low-cost capital at the virtual launch of space and satellite industry body Indian Space Association (ISpA).
The net worth of India's richest man, Mukesh Ambani, dropped 28 per cent, or USD 300 million a day for two months to USD 48 billion as on March 31 due to the massive correction in stock markets, a report said on Monday. The chairman and managing director of the diversified Reliance Industries saw his wealth decline by USD 19 billion (app Rs 144,400 crores) in the February-March period, taking his global ranking down eight places to 17th, the Hurun Global Rich List said.
According to the bill, Indians should not exceed 15 per cent of the population.
Equity benchmark Sensex tumbled 674 points on Friday, weighed by losses in banking stocks as an unabated spike in new coronavirus cases fuelled uncertainty over the economic impact of the pandemic. After hitting a low of 27,500.79 during the day, the 30-share BSE barometer ended 674.36 points or 2.39 per cent lower at 27,590.95. The NSE Nifty shed 170 points, or 2.06 per cent, to finish at 8,083.80.
The winners of the ICC Champions Trophy, commencing on June 6, will pocket a prize money of USD 2 million while the runners-up will be richer by USD 1 million.
Boeing has projected a USD 4.5 trillion market for 34,000 new airplanes over the next 20 years as the current world fleet doubles in size, with robust growth in China, India and other emerging markets.
Reliance Industries has sought tripling of its KG-D6 gas price from April 1, 2014 after the current below market rate of USD 4.205 per mmBtu expires.
The new data comes a day after China and the US signed a long-awaited phase one deal, marking a ceasefire in the 18-month-long trade war which saw the world's two largest economies slap 25 per cent tariffs on about half a trillion-dollar worth of each other's exports. The world's second-largest economy grew by 6.1 per cent last year, its worst performance since 1990, but it remained above the psychologically important mark of six per cent, according to the National Bureau of Statistics (NBS).
The world's biggest lockdown that shut a majority of the factories and businesses, suspended flights, stopped trains and restricted movement of vehicles and people, may have cost the Indian economy Rs 7-8 lakh crore during the 21-day period, analysts and industry bodies said.
Sania Mirza and her partner Chia-Jung Chuang advanced to the semifinals of the USD 4,500,000 Madrid Open after Russian-Belarussian duo of Victoria Azarenka and Elena Vesnina conceded their quarterfinal match in Madrid.
Sania Mirza and her partner Chuang Chia-jung of Taiwan rallied to stun eighth seeds Maria Kirilenko and Flavia Pennetta in a gruelling three-setter for a place in the women's doubles quarterfinal of the USD 4.5 million Miami Masters.
Cohen, 52, was sentenced to 36 months in prison by the US District Court for the Southern District of New York.
The three charged for sedition were part of an NGO rights group, the organisation Hindu Rights Action Force or Hindraf. Hindraf is in the forefront of a fight for the rights of Indian Malaysians who feel they have been marginalised since Malaysia gained independence from Britain in 1957.
In a bid to maintain transparency and fairness in awarding the lucrative IPL media rights, the BCCI has told Sony Max to join the bidding process with other interested bidders. Sony Max had the TV rights since IPL's inception year in 2008. According to reliable information, BCCI's negotiation period with Sony Max came to an end on July 28. There is a market projection that the new IPL TV rights will be fetching close to USD 4 billion and the Board wants the process of "next rights period" to be conducted in a transparent manner.
The Indian golfer shot a three-under 67 in the second round of the Canadian Open.
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