Washington: Indian-American business leader Ajay Banga is an exceptional candidate and he is uniquely equipped to lead the World Bank at such a critical moment, the US has said as the bank plans to formally announce his appointment as its president. In February, President Joe Biden announced that the US would be nominating Banga to…
Kolkata: West Bengal could soon become the highest-contributing market to direct selling revenue in the country, surpassing Maharashtra, a senior official of a leading industry body said. West Bengal has performed “consistently well” as a market for direct selling in India, and once again emerged as the second-highest revenue-grossing state, accounting for 10.4 per cent of…
Kolkata: Amid rising temperatures and prolonged rainless periods due to climate change, large-scale attacks of pests and diseases in tea plantations across the country have become worrisome for planters with an estimated annual crop loss of around 147 million kg, an industry body said on Saturday. Tea Research Association, in its statement, said the revenue loss…
New Delhi: Unsold housing stocks fell 6 per cent during January-March to nearly 5.18 lakh units across 14 cities compared to the previous quarter on better sales, according to data analytic firm PropEquity. Unsold inventories stood at 5,17,879 units during January-March this year against 5,48,217 units in the preceding quarter. During the first quarter of this…
Islamabad: Cash-starved Pakistan is likely to ink a deal for additional deposits of USD 2 billion from Saudi Arabia after Eid, authorities said on Saturday, a move that will help the country secure the much-required bailout from the IMF. In March, Pakistan sought Saudi Arabia’s confirmation for funds to ink an IMF deal. Earlier this…
Jerusalem: Indian swimmer, Aryan Singh Dadiala, on Friday, equalled the existing world record of the fastest male swimmer to swim the Sea of Galilee, braving extreme weather conditions. Sea Of Galilee is the second lowest water body in the world, approximately 214 metres below sea level, and poses multiple challenges such as whirlpools and indefinite wind…
Washington: US President Joe Biden is looking forward to travelling to India in September, his administration’s point person for South and Central Asia has said, observing that 2024 is going to be a “big year” for the India-US relationship. India’s leadership in the G-20 further broadens its capacity to stand as a force for good…
Washington: The US is on track to issue more than a million visas to Indians this year, a senior official has said, assuring that the Biden administration is committed this summer to make sure it processes all of the student visas for Indians whose school starts this fall. US Assistant Secretary of State for South and…
Washington: The success of the world in combating the climate crisis will in part depend on decisions taken by India, a senior US official has said, as he vowed to work with New Delhi and other countries in achieving the ambitious targets. These remarks were made by US Assistant Secretary of State for South and Central…
Guwahati: Asia’s largest underwater hydro-carbon pipeline, below the river Brahmaputra connecting Jorhat and Majuli in Assam has been completed by the Indradhanush Gas Grid Limited (IGGL), the company’s CEO Ajit Kumar Thakur said on Saturday. The challenging task of laying a 24-inch diameter hydrocarbon pipeline beneath the mighty Brahmaputra river by Horizontal Directional Drilling (HDD) method…
