‘Indian economy to grow by 7.3% in 2018-19, regain top spot’

‘Indian economy to grow by 7.3% in 2018-19, regain top spot’

The World Bank is estimating India’s economy to grow by 6.7 per cent during the current fiscal year, higher than the 6.5 per cent estimate by the Indian government. The Gross Domestic Product (GDP) growth is expected to rise to 7.3 per cent in 2018-19, making India again the world’s fastest growing economy, according to […]

Ecuador weighs mediation to resolve Julian Assange issue

Ecuador weighs mediation to resolve Julian Assange issue

Ecuador’s Foreign Minister on Tuesday said that Quito may pursue mediation to resolve the standoff between the South American nation and Britain over the fate of WikiLeaks founder Julian Assange, who has spent more than five years holed up at the Ecuadorian Embassy in London. “We have an enormous interest in reaching a definitive solution […]

Global cues, buying support lift Sensex to new high

Global cues, buying support lift Sensex to new high

The barometer index of the Indian equity market — S&P BSE Sensex — touched its new record high level during the early morning trade session on Wednesday. Similarly, the the broader NSE Nifty50 also closed-in on its record high level during the trade session. According to market analysts, healthy buying in healthcare, oil and gas […]

US to sell missiles worth over $133 mn to Japan

US to sell missiles worth over $133 mn to Japan

The US has approved the sale of missiles worth $133.3 million to Japan, saying it will serve to reinforce the Asian country’s defence against the ballistic missile threat from North Korea. The consignment, which must still be approved by the US Congress, includes the sales of four missiles for the SM-3 interceptor Block IIA system […]

iPhone battery explodes at Zurich Apple store, one injured

iPhone battery explodes at Zurich Apple store, one injured

A man was injured when an iPhone battery overheated and the device exploded at an Apple Store here, leading to a temporary evacuation of those present on the premises. According to a report in www.swissinfo.ch, the incident occurred at the Apple Store on Zurich’s Bahnhofstrasse on Tuesday, injuring a repairman. “According to Zurich City police, […]

Twitter to act only if Trump tweets personal information

Twitter to act only if Trump tweets personal information

If US President Donald Trump tweets someone’s personal information, Twitter will caution him to remove that tweet, Bruce Daisley, Twitter’s VP of Europe, the Middle East and Africa, told BBC Radio. In an interview with host Emma Barnett, Daisley said: “If someone tweets private information … private address, phone number — then there are no-go […]

2017 ‘costliest’ year in US: Report

2017 ‘costliest’ year in US: Report

Last year will be remembered as the “costliest” one for the US with losses from hurricanes, wildfires and extremely cold weather reaching a record $306 billion, according to a government report. The US had 16 weather and climate disasters in 2017 each with losses exceeding $1 billion, the US National Oceanic and Atmospheric Administration said […]

H&M apologises for using black child to sell sweatshirt

H&M apologises for using black child to sell sweatshirt

Global fashion retailer H&M had to apologise on Monday after it was accused of being racist for using a black child to model a sweatshirt with a “coolest monkey in the jungle” slogan. After facing the ire of hundreds of people on social media, the company removed the ad from its website. It continues to […]

Sacked ‘anti-diversity memo’ author sues Google

Sacked ‘anti-diversity memo’ author sues Google

Former Google employee James Damore who was fired last year for criticising the tech giant for its diversity policy, has filed a class-action lawsuit against the company claiming that it discriminates against white men. According to a report in ReCode, Damore, in his lawsuit filed in a California court on Monday, said that Google “ostracised, […]

Trump stands on field for National Anthem at college game

Trump stands on field for National Anthem at college game

US President Donald Trump walked onto the field and stood with members of the military for the National Anthem at a college football national championship game in Atlanta, the media reported. On Monday night, the President stood with his hand over his heart, singing along to parts of the anthem ahead of the game between […]