After one of their significant budget announcements, Finance Minister Nirmala Sitharaman announced the foundation of the first-ever “Bad Bank” of India. She says the company was already formed under the Companies Act under the National Asset Reconstruction Company Limited (NARCL). Different commercial banks in the different phases shall buy stressed assets valued around Rs 2 […]
India’s new Bad Bank is good. Read More »
Under a new rule proposed by the European Commission, manufacturers will be compelled to produce a universal charge solution for phones and tiny electronic gadgets (EC). The objective is to reduce waste by encouraging consumers to reuse current carriers when they buy a new unit. The plan says that all EU cellphones must contain USB-C
EU rules would mandate all phones to have USB-C chargers. Read More »
Vicky Kaushal has confirmed that Sardar Udham, his next film, will be released on Amazon Prime Video in October of this year. To share the news, the actor turned to his accounts on the internet. In the past, the movie’s release date was set for January of this year. The film’s original title was Sardar
Prime Minister Narendra Modi flew to Washington, D.C., early on Wednesday morning to discuss global concerns and “strengthen strategic relationships.” Prime Minister Narendra Modi will arrive in the United States on Wednesday for a three-day visit that will include interactions with US President Joe Biden and Vice President Kamala Harris, as well as meetings with
Nestle India Limited has increased the prices of its goods as the cost of commodities like milk and coffee has risen in the last six to eight months. Some Nestle products have had their prices raised by 1% to 3% in response to growing costs. Nestle India Chairman and MD Suresh Narayanan stated recently at
As commodity costs rise, Nestle India’s products will likely be more expensive in 2022. Read More »
Metal and auto sectors weighed on Indian equities on Monday as investors awaited the Federal Reserve’s next move on stimulus measures from the epidemic era, which are still in place. In the early morning, the blue-chip NSE 50 index was down by 0.3 percent to 17,526.9, while the S&P BSE Sensex was down by 0.24
Metal and auto stocks decline, sending the Sensex and Nifty down. Read More »
New Zealand abruptly ended their one-day international tour of Pakistan before the start of the first ODI in Rawalpindi on Friday, citing a “security concern”. Plans are in place “for the team’s departure,” the statement read. This visit has been canceled due to an increase in New Zealand’s government’s threat levels against Pakistan, according to
India’s tour this summer has been postponed till later next year. According to New Zealand Cricket, the three-match ODI series has been postponed because of the intense cricket schedule that took place during the Covid-19 era. The Indian cricket team, led by Virat Kohli, will pay a visit to the country next year. They were
BLACKPINK, a popular K-pop girl group, has been appointed as the United Nations’ official new Sustainable Development Goals advocates. Confirming the news, the official tweet from the UN read, “ Welcome #BLACKPINK to the UN family! They have engaged with @COP26 to encourage young people to take #ClimateAction to protect the planet and were appointed
The Covid-unvaccinated President of Brazil, Jair Bolsonaro said on Thursday that he would visit the United Nations General Assembly in New York next week, thereby violating the city’s recent announcement that all attending officials and diplomats must show proof of vaccination. “I will deliver an opening statement at the UN General Assembly (UNGA) next week,”
Brazil President Bolsonaro will attend the UN meet despite being unvaccinated. Read More »
