New Delhi: Air India Express, Air India and Akasa Air have cancelled flights to Riyadh till October 10 amid disruptions due to attacks at the airport. IndiGo has cancelled its Riyadh flights till October 9. Saudi Arabia’s two airports in Riyadh and Abha came under attack, reportedly by Houthi militants. Air India Express and Air…
New Delhi: India aims to double its 5G user base from 550 million to one billion by 2030, Communications Minister Jyotiraditya Scindia said on Thursday, adding that the country, which was behind the world in 4G, has resolved to lead the world in 6G. Speaking at the inauguration of the 10th edition of the India…
New Delhi: While India’s green economy can support more than a crore jobs by 2035, key challenges, such as women’s lower access to technical education, limited green skilling and a lack of finance and policy related to the green workforce, continue to persist, according to a new report. The report says to build a green…
New Delhi: The World Bank on Tuesday raised India’s GDP growth forecast for the current fiscal to 7.1 per cent, up 0.5 percentage points from its projections in April, supported by robust domestic demand and strong exports, despite global headwinds. India remains one of the fastest-growing major economies in the world and a key contributor…
Mumbai: After nearly three-and-a-half years, the Reserve Bank of India on Wednesday raised key benchmark policy rate by 25 basis points to 5.5 per cent in a bid to tame rising inflation amid the continuing West Asia crisis. With the rate hike, home loans, vehicle loans and corporate loans would become expensive and EMI for…
On 15 August 1971, the United States closed the gold window, ending the convertibility of the dollar into gold at a fixed price and marking the effective collapse of the Bretton Woods system established in 1944. Fifty-five years later, US long-term interest rates have returned to levels last sustained in the early 2000s: the 30-year…
Washington: Canada’s Trade Minister Maninder Sidhu on Friday said he was heading to India later this month with a 300 strong business delegation to explore opportunities across sectors in the world’s fastest-growing markets. Sidhu, who met Commerce Minister Piyush Goyal in Milwaukee on Thursday, said India and Canada will start another round of talks with…
BG Srinivas When Turkey’s financial regulators moved to crack down on a sprawling market-manipulation scheme, they unveiled a staggering web of systemic risk. The numbers behind the investigation are massive: 56 arrests, 131 investment funds frozen or liquidated, $19 billion in assets impacted, and over 455,000 retail investors left reeling. Yet, tucked away inside the…
Washington: Trade Representative Jamieson Greer said he did not think there was “something imminent” on the trade deal with India and the two sides have identified “the universe of items” that are sticking points. Addressing a press conference after the G20 Trade Ministers’ Meeting in Milwaukee on Thursday, Greer said President Donald Trump and Prime…
Mumbai: Chief Minister Devendra Fadnavis on Thursday launched ‘Invest Maharashtra’ platform and said it would work towards making the state a major investment destination in India and globally, with the government taking responsibility for coordinating land, power, infrastructure, approvals and skilled manpower for projects. The government would work in an integrated manner to meet every…
