India is now a $2-trillion economy
India’s GDP crossed the $2-trillion mark in 2014, according to data released by the World Bank in Washington late on Wednesday. After taking 60 years to reach the $1-trillion mark, India added the next trillion in just seven years. The World Bank data also show that India’s gross national... read more »
DBS India posts Rs 275-cr loss in FY15 on provisioning
Singapore-based DBS Bank has posted a loss of Rs 275 crore in FY15. This is the first time the bank has incurred a loss in its India business since it set up its first branch in India in 1995. This loss on the book was mainly on account of a clean-up of its bad loans portfolio. In FY14, DBS’s... read more »
A Google blunder knocked £175 off the price of a Nexus 6
A technical blunder at Google meant late-night shoppers could have picked up a 32GB Nexus 6 for as little as £304 ($474). Normally, those phones sell for £479 ($746). The Independent spotted the £175 ($273) discount late on Thursday night. The reason for the drop remained unclear. However, a... read more »
PM Modi to visit Varanasi on July 16
Prime Minister Narendra Modi will visit Varanasi on July 16, after he had to cancel an earlier trip here due to adverse weather conditions. Prime Minister Modi had on June 28 cancelled his plan to address ‘Vikas Sabha’ in his parliamentary constituency after heavy downpour led to water... read more »
Is the Hockey India League losing its financial viability?
Two hasty announcements have followed the pull-out of Ranchi Rhinos from the Hockey India League (HIL) last week. The quick introduction of Pune and the change in ownership of Mumbai, all... read more »
2,000 tourists stranded on Green Island due to typhoon
Nearly 2,000 tourists were stranded on Green Island off the coast of southeastern Taiwan on Monday because of big waves and strong winds resulting from Typhoon Kalmaegi.The typhoon, which... read more »
The painful secrecy of Russia’s war in Ukraine
A cemetery on the outskirts of Pskov, in northwestern Russia, has become a dangerous place to visit. Inside are recently dug soldiers’ graves that some believe prove the Russian... read more »
David Haines beheading: Latest updates as ISIS release footage showing execution of Britis...
British hostage David Haines has been beheaded by Islamic State militants. The aid worker, 44, was captured by ISIS in Syria in March 2013. The plight of the dad-of-two was revealed when he... read more »
Swedish Social Democrats face tough coalition talks after electio...
Swedish Social Democrat leader Stefan Lofven faces a tough task building a new government after an election on Sunday left the center-left short of a majority in parliament and handed the balance of... read more »
