Search Results for: economic recession

India to get Asia's longest bi-directional pass; here's why Zojila tunnel is important to Kashmir

The Zojila tunnel, the longest bi-directional tunnel in Asia, will provide all-weather connectivity between Jammu and Kashmir's Srinagar, Kargil and Leh.

May 20, 2018

PM Modi in J&K: Internet suspended, schools closed

Separatists leaders, including Syed Ali Geelani and Mirwaiz Umer Farooq, have been placed under house arrest while Yasin Malik has been taken into preventive custody.

May 19, 2018

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Saudi Arabia gives assurances on supply as oil hits $80 per barrel

The statement came as oil prices surged to $80 per barrel for the first time in four years due to rising concerns over disruptions to Iranian oil exports because of new U.S. sanctions. The crude oil output has also declined in Venezuela.

May 18, 2018

Donald Trump threatens Kim Jong-un with 'decimation'

Trump on Thursday, May 17 gave Kim two options – reach an agreement to denuclearise and remain in power or suffer the fate of Libyan leader Muammar Gaddafi.

May 18, 2018

Delhi to become world's most populous city by 2028 surpassing Tokyo: Here's why

According to a report by Population Division of the UN Department of Economic and Social Affairs (UN DESA), two-thirds of people in the world will be living in cities and will be mainly concentrated in three countries - India, China, and Nigeria by 2050.

May 17, 2018

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Asia oil thirst tab $1 trillion a year as crude rises to $80

With the US dollar - in which virtually all oil is traded - also growing stronger, concerns are rising that economies will take a hit, especially in import-reliant Asia. Surging costs could have an inflationary effect that will hurt both consumers and companies.

May 17, 2018

Former RBI boss Raghuram Rajan says won't apply for top BoE job

Rajan is a former chief economist at the International Monetary Fund, and warned of financial imbalances in the run-up to the 2007-08 global crisis.

May 17, 2018

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Suspected RBI interventions stems rupee's fall

Sharply rising U.S. dollar yields have boosted the dollar on international exchanges, and the rupee was also coming under pressure from firm crude oil prices that will weigh on India's already widening trade deficit.

May 16, 2018

Mukesh Ambani's son Anant is not engaged to Radhika Merchant

Reports had earlier suggested that Mukesh and Nita Ambani's youngest son Anant Ambani was secretly engaged to Radhika Merchant. This news came just a week after Isha Ambani got engaged to Anand Piramal.

May 15, 2018

PM Modi to meet Russian president Putin at Sochi's seaside resort

MEA announced the informal summit and said that it "will be an important occasion for the two leaders to exchange views on international matters in a broad and long-term perspective with the objective of further strengthening our Special and Privileged Strategic Partnership"

May 15, 2018

Xiaomi coming up with 15 new smartphones: Redmi Note 6 and others

Xiaomi Redmi Note 6, Mi 7 Lite, Redmi S-series and Redmi A-series are in the pipeline as Xiaomi aims to become the world's largest smartphone maker. See what's coming in 2018.

May 14, 2018

IndiGo Airlines forcibly offloads 'aggressive' doctor

Unruly staff taking a toll? IndiGo asks crew to stay calm, de-escalate issues

In an internal mail circulated on Sunday, May 13, IndiGo Airlines has asked its crew members to remain calm and behave well with passengers especially at times of scuffle. The direction says that matters must be de-escalated then and there unless extremely serious.

May 14, 2018