United Nations: The Delta variant-spurred Covid-19 second wave has shaved off 3 per cent from the International Monetary Fund's (IMF) previous projection for India's economic growth for fiscal year 2021-22, pegging it now at 9.5 per cent, but the country still remains the world's fastest-growing large economy. The IMF's World Economic Outlook Update (WEOU) made...
New York: Johnson & Johnson is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, Reuters reported, citing people familiar with the matter. During settlement discussions, one of the healthcare conglomerate’s attorneys has told plaintiffs’ lawyers that J&J could pursue the bankruptcy...
Bengaluru: Leading online learning platform Byju's has acquired Epic, the world's leading digital reading platform for kids 12 and under, for $500 million. The big acquisition comes on the heels of it buying the Aakash Institute for nearly $1 billion earlier this year. The Epic deal was backed by General Atlantic, Sequoia Capital, the Chan-Zuckerberg...
New Delhi: The government has sought the Parliament's approval for an additional spending of Rs 1.87 lakh crore to meet its expenditure commitments made under various Covid relief measures and to provide higher allocation for the health sector. Finance Minister Nirmala Sitharaman presented the first batch of supplementary demands for grants in the Lok Sabha...
New Delhi: Indian investors, especially millennials, are increasingly scaling up their participation in the US markets for portfolio diversification, the UK-headquartered financial services firm Winvesta has said in its latest report. The Winvesta Investor Pulse Report' June 2021 is based on aggregated data from retail investors across India who invest in fractional shares of the...
With a small beginning in 1981, JAINA has become known for a remarkable and praiseworthy achievements during last four decades. Gurudev Chitrabhanu (1922 - 2019) and Acharya Sushil Kumar Ji (1926 -1994), two most prominent Jain spiritual leaders in USA, blessed the JAINA at its auspicious beginning. They provided till their last breadth all...
By Sant Rajinder Singh Ji Maharaj Mysticism, rightly understood, is the most universal and fundamental approach to achieving an integrated and fulfilling life. In a world that has made such remarkable scientific and material progress, the challenge before us, individually and collectively, is to make similarly spectacular progress in the spiritual sphere. Each of us...
Have you been “ghosted” and don’t know why? Whether you’re a seasoned dater or fresh on the market, understanding ghosting can mean fewer surprises and bring romantic success. “To ‘ghost’ is to vanish from a romantic or prospective partner’s life. And when girls ghost on you – or guys – it can sting. Unfortunately, as...
Bengaluru: Flipkart Group has raised $3.6 billion in funding as it continues to grow and advance the digital commerce ecosystem in India. The investment values the group at $37.6 billion post-money. The fundraise demonstrated significant interest from global investors, including sovereign funds, private equity and crossovers in addition to Walmart, said a company statement. This round of...
