The collapse of the financial institution took the world by surprise leaving well over $600 billion in debt as well as 25,000 employees in shock It was “Lehman Weekend.” The moment in September 2008 when the 150-year-old investment bank Lehman Brothers collapsed, precipitating the worst global economic crisis since the …

‘It is imposing undue influence on poll’ The Maldives has hit out at the United States after it warned of possible sanctions against key officials of the island nation if the upcoming election is not free and fair. President Donald Trump’s administration warned the Maldives on Thursday of possible sanctions …

Earlier this month, British tabloid The Daily Express ran a headline lambasting British aid to India. The article pointed to the £98 million that Britain was set to spend on India between 2018 and 2020, which it insisted was roughly equivalent to the spend on the Chandrayaan-2 space probe. “The …

In Japan, loyalty to tradition often wins out over practicability. A case in point is the Japanese language itself, which uses a mercurial combination of three wholly different scripts: hiragana , katakana and kanji . Another example, currently in the news, is Japan’s traditional gengo calendar system, a custom that …

Negotiators say developed nations want to change rules on funding plans The United States, despite withdrawing from a landmark accord aimed at curbing climate change, is stonewalling vital UN talks over how to fund poorer nations as they battle against global warming, multiple sources said on Saturday. Protests were staged …

UN postal agency to issue Deepavali stamps The United Nations Postal Administration will issue special stamps here on October 19 to commemorate Deepavali. India’s Permanent Representative to the UN Syed Akbaruddin welcomed the announcement with a tweet: Nice Diwali gift from @unstamps coming next month.PTI Source : https://www.thehindu.com/todays-paper/tp-national/un-postal-agency-to-issue-special-diwali-stamp-next-month/article24906046.ece

As part of the 150th birth anniversary of Mahatma Gandhi on October 2, the Information and Broadcasting Ministry is working on a new version ofVaishnava Jana To , the favourite bhajan of the father of the nation. Multiple singers will sing the bhajan at the Taj Mahal and other iconic …

She feels freed by SC judgment Emboldened by the Supreme Court’s verdict decriminalising homosexuality, the first transgender State- cadre civil servant of Odisha has announced plans to marry. Aishwarya Rutuparna Pradhan, 34, an officer of the Odisha Finance Service (OFS), had wanted to be recognised as belonging to the third …

The Nepal Army has withdrawn from the first BIMSTEC military exercise to be held in India following a political row in the country over the participation in the event, a media report said on Saturday. Prime Minister K.P. Oli asked the national defence force not to participate in the drill, …

J&K Cong. to clear its stand next week Jammu and Kashmir Congress president G.A. Mir on Saturday expressed doubt over the holding of panchayat and local bodies elections in the State, saying the party would clear its stand after a review meeting next week. He said the administration had announced …