Yearly Archives: 2019

Meet the world’s fastest ant

It’s official: the Saharan silver ant is the fastest of the world’s 12,000 known ant species, clocking a blistering 855 millimetres — nearly a metre — per second, researchers said on Thursday. Measured another way, the six-legged sprinter covers 108 times its own body length per second, a feat topped …

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Domestic air traffic growth at 1% in Sept.

Domestic aviation traffic grew at a measly rate of 1.18% in September as compared to the year ago period, according to the monthly data released by the Directorate General of Civil Aviation (DGCA). Airlines altogether flew 1.15 crore passengers last month as compared to 1.13 crore during the same period …

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IL&FS completes sale of wind energy arm to Orix

Infrastructure Leasing and Financial Services (IL&FS), has completed its first asset sale plan, selling 51% stake in its wind energy arm to Orix Corporation. “The IL&FS Group has completed the sale process of its 51% stake, held through IL&FS Wind Energy Limited (IWEL) in seven operating wind power SPVs (with …

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No better place to invest than India: FM

Investors can find no better place in the world than India that has a democracy- loving and a capitalist-respecting environment, Union Finance Minister Nirmala Sitharaman has said. She also assured international investors during an interaction session at the IMF’s headquarters that the government was continuously working towards bringing reforms. “It …

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‘For FMCG, rural growth worst in 7 years’

For the first time in seven years, rural growth has fallen below that of urban for the fast-moving consumer goods (FMCG) industry, whose sales are often looked upon as a barometer of overall economic growth and consumption due to the range and reach of products across price points. According to …

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‘Syrians unified against assault’

Damascus on Thursday said Syrians are unified against a cross-border Turkish assault, in its first statement since deploying troops in Kurdish-controlled areas to contain Ankara’s offensive. “The Syrian government renews its absolute rejection and strong condemnation of Turkey’s blatant aggression,” said a Foreign Ministry statement carried by state news agency …

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Johnson scrambles for votes on Brexit

Prime Minister Boris Johnson Johnson on Thursday urged MPs “to come together” and support his “excellent” Brexit deal without any more delay. But he is facing a desperate scramble for votes to pass the deal in Parliament, as his Conservative government is well short of a majority. MPs will debate …

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Army gets precision ammunition

After the Balakot air strikes in February, the Army fast-tracked procurement of 155-mm Excalibur precision-guided ammunition from the U.S., and it has recently been inducted. The ammunition gives the artillery guns extended range and the ability to hit targets with very high accuracy, sources said. “The need for precision-guided munitions …

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