National Handloom Day in India is celebrated annually on August 7. This year, a “sari walkathon” has been planned on August 6 (Sunday) in central London, from the iconic Trafalgar Square to Parliament Square.
Tag: Economy
G20 FMs conference opens in Gandhinagar; carbon tech, crypto on agenda
Finance ministers of G20 nations today deliberated on the global economy and risks, issues related to crypto assets as well as policy measures for promoting green and low-carbon technologies on the opening day of the ministerial conference.
Visa applicants’ NHS fees to rise ‘significantly’: UK PM Rishi Sunak
Indian-origin United Kingdom Prime Minister Rishi Sunak warned that visa applicants from around the world, including Indians, will have to pay an increased National Health Service (NHS) fee and health surcharge to meet the country’s public sector wage increase.
USD 19.5 billion Foxconn-Vedanta deal falls through; Indian IT Minister says ‘no impact on India’s goals’
Indian mining baron Anil Agarwal’s Vedanta Ltd and Taiwan’s Foxconn have parted ways in a USD 19.5 billion semiconductor joint venture over not finding a technology partner to make chips to be used in electronic devices such as mobile phones, refrigerators and cars.
India now more attractive to investors than China: Report
According to a report which polled 85 sovereign wealth funds and 57 central banks worth a total of USD 21 trillion in assets, India has overtaken China as the most attractive emerging market for investing.
Ajay Banga set to visit India for first time since becoming World Bank chief
Indian-origin World Bank President Ajay Banga will attend the G20 Finance Ministers and Central Bank Governors Meeting in Ahmedabad next week. This will be his first visit to the country after taking charge at the global lender.
Sabre acquires e-commerce provider Techsembly to expand hospitality retailing solutions
Sabre Corporation (NASDAQ: SABR), a travel industry software and technology provider, today announced the acquisition of hospitality e-commerce provider Techsembly. Terms of the transaction were not disclosed.
MAS recorded largest net loss of SGD 30.8 billion in 2022-23: Ravi Menon
Indian-origin Managing Director of the Monetary Authority of Singapore (MAS) Ravi Menon said the city-state’s central bank has recorded its largest net loss of SGD 30.8 billion (USD 22.8 billion) in 2022-2023.
India lone SCO nation which doesn’t endorse China’s Belt and Road Initiative
Highlighting its continued opposition to China’s attempt at total trade dominance, India yesterday once again refused to endorse the Belt and Road Initiative (BRI), becoming the only country in the Shanghai Cooperation Organisation (SCO) not to support the project.
This fight isn’t over, says Joe Biden as US Supreme Court strikes down USD400 billion student loan relief plan
Biden issued a statement that he would stop at nothing to find other ways to deliver relief to hard-working middle-class American families, despite the Supreme Court ruling against student debt relief.