Business

Now go glamping in India in motorhome


Campervan Camps and Holidays India Pvt Ltd, a Bengaluru-based start-up has introduced India's first commercially approved premium motorhome - the LuxeCamper. The LuxeCamper provides living and sleeping areas designed within a compact space that can accommodate up to four people. The motorhome comes with a lounge at the rear end that doubles up as a queen...

UN

Will promote global peace: Modi on India’s entry to UNSC


New Delhi: Hours after India was elected to the UN Security Council with an overwhelming majority, Prime Minister Narendra Modi said he was grateful to the support shown by the global community and added that India will work to promote global peace, security, resilience and equity. "Deeply grateful for the overwhelming support shown by the...

standoff

Foreign Minister takes Rahul to task on Ladakh standoff


New Delhi: Union Minister of External Affairs, S. Jaishankar on Thursday took opposition Congress leader Rahul Gandhi to task for peddling misinformation regarding the India-China faceoff in which 20 Indian soldiers were killed along the Line of Actual Control (LAC) in Ladakh. Congress parliamentarian Rahul Gandhi had tweeted a video of a national newspaper on...

In big relief, govt to withdraw 96% of AGR dues of PSUs

Post Date: June 18, 2020

New Delhi: The Indian government on Thursday informed the Supreme Court it is willing to withdraw 96 per cent of the Rs 4 Lakh crore dues pending against various PSUs in the adjusted gross revenue (AGR) matter. Solicitor General Tushar Mehta, representing the Center, told a bench headed by Justice Arun Mishra that the Center...

Nassau-Coliseum

Nassau Coliseum to be shuttered indefinitely


The Nassau Coliseum, NYCB Live will close its doors indefinitely as the operator billionaire Mikhail Prokhorov is seeking investors to take over the lease and assume the $ 100 million remaining debt. The decision of Prokhorov raises questions about the future development of the Nassau Hub of $ 1.5 billion and is expected to return...

155 Indian companies create nearly 125K jobs in US: CII report

Post Date: June 18, 2020

Washington, DC: As many as 155 Indian companies have invested $22 billion in the US, thus creating nearly 125,000 jobs in the country, according to a report issued by the Confederation of Indian Industries (CII) on Monday. The report, “Indian Roots, American Soil 2020,” is a state-by-state breakdown of tangible investments made and jobs created by...

AT&T

AT&T plans to cut 3,400 jobs, shuts down 250 stores


San Francisco: AT&T plans to cut over 3,400 technician and clerical jobs across the country over the next few weeks, the US wireless carrier has informed its main labour union, the Communications Workers of America. In addition, the company plans to permanently shutter over 250 AT&T Mobility and Cricket Wireless stores, impacting 1,300 retail jobs,...

Chief Economist of IMF, Gita Gopinath.

IMF may further slash global economic outlook


New Delhi: The International Monetary Fund (IMF) is likely to further revise economic growth forecasts downwards in its upcoming outlook update due to the severe impact of the coronavirus pandemic and the resultant lockdowns across the world. In a blog post, the Chief Economist of IMF, Gita Gopinath, said that although many countries begin to...

Prime Minister Narendra Modi.

Modi urges India Inc to turn corona crisis into opportunity


Kolkata: Prime Minister Narendra Modi on Thursday urged India Inc to come forward and convert the ongoing COVID-19 crisis into a turning point for the industries to make India a self-reliant nation. Addressing the inaugural speech on the 95th annual plenary session of the Indian Chamber of Commerce (ICC) via video conferencing, the Prime Minister...