Of the 5.92 million in the multi-national city-state, there were...
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Strategic shift: LIC increases its g-sec exposures
Presently, more than 70 per cent of LIC's investments from its...
Top 75 valuable Indian brands witnessed a 4% decline in value to USD 379 bn this year: Kantar
The decline reflects the strain that businesses and consumers have...
WHO likely to declare Ebola an international emergency: Experts
The Ebola virus epidemic in Western Africa was the most widespread outbreak of the disease in history, killing over 11,000 people and spreading to ten countries, including Liberia, Sierra Leone, Spain, and the United States
Rainfall deficiency hits 43%; Monsoon progress likely in next 2-3 days: IMD
By now, monsoon should have reached the central India, including parts of Madhya Pradesh, Rajasthan, eastern Uttar Pradesh and Gujarat, but it is yet to reach Maharashtra.
Oil tanker insurance costs to jump after Gulf attacks
The Joint War Committee, a group that advises insurers, designated the entire Persian Gulf and waters just outside it a so-called Listed Area after the incidents a month ago. The classification gives underwriters room to charge more. As of Thursday, owners were reluctant to send vessels to the region while there was also a dearth of cargoes, according to traders and shipbrokers involved in that market, who spoke on condition of anonymity.
Uber, Lyft appeal for deal on driver status as independent contractors
Faced with legislation in California that endangers their business model, Uber Technologies Inc. and Lyft Inc. are urging a compromise that would keep their drivers from being considered employees. “We can make independent work better if we update...
Nine more children die in Bihar, toll rises to 63
Since June 1, 178 and 72 children were admitted in SKMCH and Kejriwal hospital respectively with suspected cases of Acute Encephalitis Syndrome (AES) but most of them were found to be victims of hypoglycemia.
India to become 5 trillion dollar economy by 2024: Hardeep Singh Puri
“We are a 2.8 trillion dollar economy. We are moving from this to 3 trillion dollar economy and 5 trillion dollar economy by the time the next elections take place.This year we are likely to overtake the UK to become the fifth largest economy in the world. I have absolutely not doubt that by 2030 we’ll be a 10 trillion dollar economy,” Puri said.
FDI inflows to India rose 6% in 2018 to $42 bn, says UN report
Developing and transition economies capture 45 per cent of all innovation-related FDI. Projects in developing Asia are transforming some economies, including Singapore, Hong Kong (China), India and Malaysia, into global hubs of applied research
Microsoft launches AI digital labs in India, to train 1.5 lakh students
“As AI becomes mainstream, organisations will require talent with skill sets that are very different from what exist now. Educators and institutions are integral to the skilling revolution taking root in the country,” Microsoft India President Anant Maheshwari said.
FICCI for increasing FDI cap in insurance to 74%
New Delhi: The government needs to increase foreign direct investment cap in the insurance sector and multi-brand retail trading for products manufactured and sourced from India for attracting overseas inflows, industry chamber FICCI said on June 13. ...
Suspected attack on 2 oil tankers near Strait of Hormuz stokes fears of War
The prospects of a conflict have spiked since the Trump administration tightened in early May its sanctions on Iranian oil exports. Trump abandoned a year ago the 2015 deal that was meant to prevent Iran from developing a nuclear bomb and reimposed sanctions in a bid to force the Islamic Republic to rein in its military program and proxy militias. Facing economic catastrophe, Iran has threatened to retreat from the accord itself unless European parties throw it an economic lifeline.