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23 Aug

Joe Biden said India is most important country in world: US Ambassador

Priyanka Bhowmick0 CommentsIndia, Business, InternationalBusiness, India, International

US Ambassador to India Eric Garcetti on Tuesday highlighted the close cooperation between his country and India in various fields including technology, trade, environment and space. He said President Joe Biden told him that India was the most important country in the world to him. Delivering the keynote address at the Indiaspora G20 forum, Garcetti said that Indian Americans constitute six percent of the taxpayers in the United States. "He (President Biden) told me, when he asked me to come here to serve, he said, this is the most important country in the world to me, something that I think…

04 Aug

Japan issues rare warning over fake account on X

Priyanka Bhowmick0 CommentsBusiness, InternationalInternational

Japan's Finance Ministry (MOF) on Thursday warned of a fake account for its top currency diplomat Masato Kanda on Social Media X, formerly known as Twitter, as markets fear currency interference within a month low of the yen. In a rare English-language post on X, the ministry said "Please do not follow impersonated accounts and/or comment on posts", saying such an X account did not allegedly belong to Kanda or his staff. "The MOF is currently requesting that X (formerly Twitter) suspend the impersonated account. Thank you for your cooperation", it said on its official account. The account, named "Masato…

15 Jul

Prime Minister Narendra Modi left for United Arab Emirates after completing his visit to France

editor0 CommentsInternational

After completing his visit to France, Prime Minister Narendra Modi left for the United Arab Emirates. The Prime Minister concluded his two-day visit to France and proceeded to hold talks with Sheikh Mohammed bin Zayed Al Nahyan, President of the UAE and Ruler of Abu Dhabi. After a two-day visit to France, he proceeded to the United Arab Emirates where he held extensive talks with French President Emmanuel Macron and was awarded the country's highest civilian and military honor, the "Grand Cross of the Legion of Honour". External Affairs Ministry Spokesperson Arindam Bagchi tweeted "Prime Minister Narendra Modi left France…

12 Jul

Nepal PM Dahal’s wife Sita Dahal passes away

Business Correspondent0 CommentsInternational

Sita Dahal, wife of Nepal's Prime Minister Pushpa Kamal breathed her last at Norvic international hospital in Kathmandu. She died at the age of 69 and was survived by her husband and 3 child. As per the reports it was known that she was suffering from Parkinson disease since a long time. 'Ms. Sita Dahal, 69 yrs/female, known case of Progressive Supranuclear Palsy, Parkinsonism, Diabetes Mellitus-ll and Hypertension under (on/off) Domicillary oxygen with PEG feeding and indwelling catheter went to cardiac arrest at 8 am,' said the hospital in a statement.

29 Jun

Presumed human remains found in Titan sub wreckage

Priyanka Bhowmick0 Commentsaccident, InternationalInternational

Human remains have been recovered from the wreckage of the Titan submersible, which was returned to land Wednesday, the U.S. Coast Guard said. The return of debris to the Port of St. John's, Canada, is an important part of the investigation into why the submarine exploded and the five people on board were killed. The Titan submarine, owned and operated by OceanGate Expeditions, suffered a catastrophic explosion earlier this month while sailing to see the wreckage of the Titanic. The twisted parts of the 22-foot submersible washed ashore at a Canadian Coast Guard pier on Wednesday. Officials said its landing…

24 Jun

Grab announces 1000 job cuts

Priyanka Bhowmick0 CommentsBusiness, International

Singapore's ride-hailing company Grab is cutting about 1,000 jobs, or about 11 percent of its workforce. This is the biggest round of job layoffs by the Southeast Asian tech giant since the pandemic, when it laid off about 360 employees in 2020. Grab CEO Anthony Tan said the layoffs were not a "shortcut to profits" but part of a fundamental shift in the company's operating model and cost structure. He described the decision to lay off around 1,000 employees as a 'painful but necessary step'. In a letter to Grab staff, Tan wrote, “I want to be clear that we…

23 Jun

All Members of Missing Titan Submarine Believed Dead

Priyanka Bhowmick0 Commentsaccident, InternationalInternational

All the fears came true and the submarine Titan was destroyed. The fate of submarines is similar to that of visiting the wreck of the famous ship Titanic. According to the sources of the USA Cost Guard, the submarine collapsed shortly after diving under the water. Five people in the submarine died. The wreckage of the submarine was found around noon on Thursday US time. Incidentally, the submarine Titan was missing since last Sunday. In a press conference on Thursday, the US Navy said that the submarine Titan had broken down very close to the wreckage of the Titanic. The…

23 Jun

OLX to fire 800 workers globally after its auto business struggled in some regions

Priyanka Bhowmick0 CommentsBusiness, India, InternationalIndia

In the last few years, many big and small companies around the world have retrenched employees. In this series, the online marketplace OLX Group has announced plans to reduce its workforce globally and has laid off a large number of employees. The group has laid off around 800 employees worldwide. Let us tell you that OLX Group has business in 30 countries, including India, and its headquarters are in Amsterdam. According to a report in TechCrunch, after searching for potential buyers and investors, the company has started winding down operations of its automotive unit, OLX Auto, in the market. A…

17 Jun

Bill Gates Meets Chinese President Xi Jinping

Priyanka Bhowmick0 CommentsInternationalInternational

Chinese President Xi Jinping met with 'old friend' Bill Gates after many days. They met in Beijing on Friday. This is the first visit of Bill Gates, one of the world's richest men, to China after nearly three years of isolation from the rest of the world and the end of strict Covid controls. He took part in this visit with a group of Western business leaders. During the visit, a meeting was held between the Chinese President and Bill Gates. "You are the first American friend I have met in Beijing this year," Xi Jinping told Bill Gates during…

15 Jun

Google Doodle reminds Pakistan of impending elections

Priyanka Bhowmick0 CommentsInternationalInternational

Google's new Doodle reminds the people of Pakistan that the country is going to hold elections this year. Pakistan's last elections were held in 2018 where former cricketer Imran Khan's Pakistan Tehreek-e-Insaf party secured a comfortable victory by winning 149 of the 342 seats in the National Assembly with a vote share of 31.82 percent. However, the Imran Khan government was ousted from the government last year and Prime Minister Shehbaz Sharif took over. Khan blamed the then army chief General Qamar Javed Bajwa and the US for plotting his ouster. Pakistan's next general election is scheduled to be held…