The race for the president of the Indian National Congress, India's major opposition party, continued to witness twists even on the final day of filing nomination, which was Friday (30). On the day, parliamentarian Digvijaya Singh, who had given a hint on entering the fray, said he was dropping out…
The Reserve Bank of India (RBI) on Friday (30) cut the economic growth projection for the current financial year to seven per cent from 7.2 per cent estimated earlier on account of extended geopolitical tensions and aggressive monetary policy tightening globally. The headwinds from extended geopolitical tensions, tightening global financial…
A presidential commission on Asian Americans and Pacific Islanders has unanimously approved a recommendation for the provision of stamping of H-1B visas inside the US, a move, if accepted by US president Joe Biden, will come as a big relief to thousands of foreign professionals, particularly from India. The H-1B…
India has entered into a collaboration with the US state of California for research and innovation in the field of zero-emission vehicles to spur the development of its nascent EV industry and address climate risks. California has the world's most advanced zero-emission vehicle (ZEV) policies. It has an ambitious 100…
Serbian tennis star Novak Djokovic on Wednesday (28) kept himself busy all day at a workshop in Tel Aviv, Israel, where he taught the sport to a group of children. The world No.7 Djokovic, who is the top seed in the tournament, was set to take on Spain's Pablo Andujar…
Here are news related to Indian economy and business for Thursday, September 29, 2022: Services industry must be competitive and not seek subsidies to boost exports, India's commerce and industry minister Piyush Goyal said while addressing an event organised by the Services Exports Promotion Council (SEPC) in New Delhi on…
India climbed six notches to 40th position in the Global Innovation Index 2022 on account of improvement in several parameters, according to a report by the Geneva-based World Intellectual Property Organization (WIPO). It said that India's innovation performance is above average for the upper middle-income group in almost every innovation…
The West Asian nation of Armenia has inked a contract with India for getting the latter's indigenous Pinaka multi-barrel rocket launchers and unspecified missiles and ammunition as its tension escalates with neighbour Azerbaijan which is close to India's rival country Pakistan and Turkey. On Wednesday (28), Armenia and Azerbaijan slammed…
India's mission to bring the T20 World Cup back home received a massive blow on Thursday (29) when its premier fast bowler Jasprit Bumrah was ruled out of the tournament with a suspected back stress fracture. The 28-year-old, who captained India in a Test match in England in July, has…
The Indian rupee strengthened on Thursday (29), as the Bank of England's decision to buy long-dated bonds prompted a retreat in U.S. yields and the dollar, though investors remained cautious amid the relief rally. The rupee was up 0.3% to 81.6950 by 0451 GMT, having firmed up to 81.5875. The…