Finance
Rishi Sunak becomes first Asian, Indian-origin British PM

New Delhi [India], October 24 (ANI): In a historic development, Britain got its first Asian-origin Prime Minister in Rishi Sunak to lead the nation. Sunak also becomes the first Indian-origin British Premier. Liz Truss, who stepped down as the PM of the United Kingdom on October 20, congratulated Sunak on being appointed as Leader of […]

Updated: Oct 24, 2022
UN Agencies Say Rains Have Flooded Two-Thirds of South Sudan

Geneva – The United Nations refugee agency says that South Sudanese flood victims are in desperate need of international support. Climate change is wreaking havoc on Africa. Aid agencies struggle to provide food and other aid to millions of people suffering from four years of devastating drought in the Horn of Africa. To the west, […]

Updated: Oct 23, 2022
UP Minister reviews preparations of ‘Deepotsav’ in Ayodhya ahead of PM Modi’s visit

Ayodhya (Uttar Pradesh) [India], October 22 (ANI): Ahead of Prime Minister Narendra Modi’s visit, Uttar Pradesh Tourism Minister Jaiveer Singh on Saturday took stock of the preparations of ‘Deepotsav’ in Ayodhya. After the inspection, Singh said, “Deepotsav will be celebrated in a grand manner, for which preparations have been completed. No stone will be left […]

Updated: Oct 22, 2022
EU proposes new measures to combat high energy prices

PARIS, Oct. 21 (Xinhua) — The European Union (EU) is battling high energy prices, which are a consequence of the COVID-19 crisis, and the Russia-Ukraine conflict. The EU has vowed to wean itself off Russian fossil fuels while transitioning to green energy. “The Europeans are trying to solve the energy crisis in several ways, including […]

Updated: Oct 21, 2022
Turkish central bank makes biggest rate cut this year

ANKARA, Oct. 20 (Xinhua) — Turkish central bank cut the benchmark rate by 1.5 percentage points to 10.5 percent on Thursday, a major decrease this year despite high inflation. “It is critically important that financial conditions remain supportive to preserve the growth momentum in industrial production and the positive trend in employment in a period […]

Updated: Oct 20, 2022
Indian markets gain for fourth straight session

New Delhi [India], October 19 (ANI): Indian stock indices extended their gains for the fourth straight session on Wednesday, as the 30-share Sensex surged 147 points and closed at 59,107.19 while the Nifty50 rose 25 points to close at 17,512.25. The indices rose from the previous sessions, tracking firm cues from US markets and a […]

Updated: Oct 19, 2022
The Kamikaze Drones Terrorizing Ukrainian Cities

Experts say Iranian-made suicide drones being used against Ukraine are a sign that Russia’s stock of domestic weaponry may be severely depleted. Dramatic images of ‘kamikaze drones’ slamming into central Kyiv on October 17 firmly discredited Tehran’s denials that it’s supplying weaponry for Russia’s war on Ukraine. A Russian-launched Shahed-136 kamikaze drone is photographed moments […]

Updated: Oct 18, 2022
UK reverses bulk of September tax-cutting package to calm markets

LONDON, Oct. 17 (Xinhua) — The United Kingdom (UK) government on Monday announced a reversal of the bulk of its September tax-cutting measures in yet another emergency action to ensure economic stability and provide confidence in its commitment to fiscal discipline. The basic rate of income tax is set to remain at 20 percent until […]

Updated: Oct 17, 2022
Strong US dollar is a headache IMF

The US currency’s surge is making other nations’ fight against soaring inflation even harder, the global financial body suggests As countries around the world struggle to bring down soaring inflation, the weakening of their currencies relative to the US dollar has made that fight even harder, the International Monetary Fund (IMF) has said. In a […]

Updated: Oct 16, 2022
Thailand Mulls Stricter Gun Control Following Latest Mass Shooting

bangkok – Authorities in Thailand say they’re planning a raft of new gun control measures in the wake of a mass shooting that has left the country reeling, though experts question how much they’ll do to stop a repeat or drive down one of Asia’s highest firearm ownership rates. Panya Kamrab, a former police officer, […]

Updated: Oct 15, 2022