New York: The Coca-Cola Company has recalled Minute Maid products due to the potential presence of foreign matter, specifically metal bolts or washers, according to Food Safety News. The recall was voluntary, says Coca-Cola spokesperson Ann L. Moore, and it applies to a limited quantity of refrigerated Minute Maid Berry Punch, Strawberry Lemonade, and Fruit...
New Delhi: Placing a strong bet on India's creator and developer community, Meta Founder and CEO Mark Zuckerberg said that as the social network begins initial steps to create augmented reality (AR)-driven Metaverse experiences for billions, the country and its vast pool of talent is going to be a huge part of that journey. Speaking...
Washington: Prices for US consumers jumped 6.8% in November compared with a year earlier as surging costs for food, energy, housing and other items left Americans enduring their highest annual inflation rate in 39 years. The Labor Department also reported that prices rose 0.8% from October to November — a substantial increase, though slightly less...
Washington: Finance Minister Nirmala Sitharaman has said that the Biden administration as well as leaders from the corporate sector in the United States have welcomed as a very positive step the reforms undertaken by the Indian government, particularly the withdrawal of the retrospective tax. In August, Parliament passed a bill to scrap a tax rule...
New Delhi: The Rashtriya Swayamsevak Sangh (RSS) distanced itself from an article published in Panchajanya, a journal championing Hindu cause, that attacked Infosys’ Chairman Nandan Nilekani over glitches in the income tax portal. The clarification by Sunil Ambekar, All India Prachaar Pramukh (communications chief) of the RSS, activists said, may have come after “somebody...
New Delhi: The Indian government is considering allowing foreign institutional investors to buy up to a total of 20% in state-owned Life Insurance Corporation (LIC), a government source said, as it presses ahead with a stake sale, reports Reuters. The listing of LIC is set to be India’s biggest ever initial public offering (IPO), with...
Washington: The US economic recovery from the Covid-19 pandemic is slowing due to the spread of the Delta variant and a sizable segment of unvaccinated people, Joseph Brusuelas, chief economist at accounting and consulting firm RSM US LLP, has said. "In the United States, infections have increased to a rate of 157,000 per day, with...
New Delhi: Chief Economic Adviser (CEA) K.V. Subramanian has said that India will not be affected by the possible tapering of the easy monetary policy by the US Federal Reserve by the end of this year. Citing the "strong" macroeconomic fundamentals, he said that there should not be much concern. "The fact that our macroeconomic fundamentals,...
New Delhi: The high GDP growth despite low base of last year has given confidence that the Indian economy may well grow over 9 per cent in FY22 with tailwinds coming from rapid recovery of manufacturing and construction sectors. The data released by the Union Ministry of Statistics this week showed that the country's GDP...
