Indian-American corporate executive Ajay Banga took over as the President of the World Bank, becoming the first person of colour to head either the World Bank or the International Monetary Fund.
Category: News
Celebrating World Bicycle Day: India’s entrepreneurs and celebrities pedal for eco-friendly sport and commute
World Bicycle Day: Cycling can be humankind’s solution to global warming, as replacing a car ride with a bicycle ride on some or most days can drastically cut fossil fuel emissions.
Odisha train crash: Death toll from three-train pile-up rises to 280, with more than 900 injured
A massive rescue operation has been launched, with the locals first on the scene. People have readily queued up to donate blood in Balasore and have lent a hand with saving as many passengers as they could in Odisha train crash.
Meet Indian-American Dev Shah, 2023 Scripps Spelling Bee champion
Indian-American Dev Shah has won the 2023 edition of the Scripps National Spelling Bee, taking away a USD 50,000 cash prize by correctly spelling the 11-letter word “psammophile”.
Indo-Canadian entrepreneur Firoz Patel detained for USD 24 million Bitcoin fraud
A media release from the Department of Justice (DoJ), US Attorney’s Office, District of Columbia, was headlined: “Former operator of Payza.com charged with laundering 450 Bitcoin.”
Offbeat India: Woman cries ‘bomb’ at Mumbai airport to wriggle out of paying excess baggage fee
Her bags exceeded the airline’s checked-in baggage weight limit by more than 7kg — the limit was 15kg, and her two bags had a combined weight of just over 22kg.
Russian sanctions leading to increasing rupee surplus in India
A combination of economic sanctions on Russia and a lopsided trade relationship with India is leading to USD 1 billion each month in Russian rupee assets remaining stranded outside the country.
Viral video of paan dosa leaves netizens amazed and aghast
The person behind the creation of paan dosa explains in the video that the idea of the dish came from the thought: “Kuchh meetha ho jaaye (Let’s have something sweet).”
Indian priest in Singapore gets 6-year jail term for pawning temple jewellery worth SGD2.33 million
In his defence, the former priest, named Kandasamy Senapathi, said that he was helping out a friend’s mother, who was undergoing treatment for cancer.
Singapore wealth analysis: Are you in the top 1%? You are, if you’ve got SGD 4.76 million
Being in the “top 1 per cent” is the 21st century definition of being truly wealthy. In Singapore, a net worth of USD3.5 million puts you in that bracket, according to The Wealth Report 2023 by Knight Frank.
