The boulder, which was embedded deep in river, has reappeared in the Czech Republic after a dry spell Once an ominous harbinger of hard times and even famine due to critically low water levels, a massive “hunger stone” embedded deep in the Elbe River has reappeared in the Czech Republic …
Read More »Monthly Archives: September 2018
‘Smiling may not mean you’re happy’
Smiling does not necessarily indicate that a person is happy, according to a study. It is widely believed that smiling means we are happy, and it usually occurs when we are engaging with another person or group of people. Researchers from the University of Sussex, U.K., show this is not …
Read More »Seven countries at risk of exchange rate crises: Nomura
Seven countries, including Sri Lanka, Pakistan and Turkey, are at risk of exchange rate crises as investors re-assess their risks following the contagion in Argentina and Turkey, a new index by Nomura says. According to the global financial services major, emerging markets are under pressure as investors reassess the risks …
Read More »Global trade war sends stocks into a free fall
Sensex drops 500 points intraday A combination of global and domestic factors affected investor sentiment on Monday with the benchmark indices registering their biggest single-day fall in almost six months. While renewed concerns over an escalation of trade war between the U.S. and China pulled down global markets, the domestic …
Read More »India may overtake China in farmed shrimp production
‘Many producers planning to expand capacity’ India is set gain the top slot in farmed shrimp production, overtaking China in 2019-20, said Ravi Kumar Yellanki, president, Society of Aquaculture Professionals. “We have already overtaken China in shrimp exports last year but are on par with regard to farmed shrimp production. …
Read More »Google wants more time to meet data storage norms
‘Pichai sought two more months for Google Pay to comply’ Technology giant Google has sought two more months from the Indian government to comply with RBI guidelines mandating storing of data by digital payment services providers locally. The Reserve Bank of India (RBI), in April this year, had directed payment …
Read More »RBI intervenes as rupee breaches 72.5 to dollar
Currency among worst performers in emerging markets; widening current account deficit weighs, more rate hikes may be on the cards The rupee breached 72.5 a dollar on Monday and touched all-time low of 72.67 intraday as the current account deficit widened to five- year high in the first quarter of …
Read More »India is asking for a trade deal due to our tough policies: Trump
‘They wouldn’t talk about that with previous administrations’ India has asked for a trade deal with the U.S. due to his tough policies, President Donald Trump told his supporters. Addressing a rally in South Dakota on Friday, he said countries have learned to respect the U.S. now. “India called us …
Read More »U.S. to close Palestine mission in Washington
Trump seeks to force an ‘ultimate deal’ The United States has decided to close the Palestinian mission in Washington in the latest move against them by President Donald Trump, a Palestinian official said on Monday, denouncing it as a “dangerous escalation”. The closure comes as Mr. Trump seeks to force …
Read More »CPEC to consider Pak. social sector priorities
‘We will prioritise livelihood projects and extend them to western Pakistan’ China and Pakistan are looking afresh at projects under the China-Pakistan Economic Corridor (CPEC), in tune with Prime Minister Imran Khan’s focus on development of social infrastructure. “China will give more assistance on a priority basis to such areas …
Read More »