[ad_1] NEW DELHI: Walmart has spent $3.5 billion this year to increase its stake in Indian business Flipkart to 80.5%, underlining the aggressive bets the United States-based retailer is making in the country, which it counts as one of its key markets.In July, some of Flipkart’s early investors including Tiger Global, Accel and co-founder Binny […]
[ad_1] Pakistan’s Election Commission has assured the political parties that the general elections would be held by January end or mid-February, allaying fears about the fate of the polls in the cash-strapped nation. The Election Commission of Pakistan (ECP) gave assurance to the Awami National Party (ANP) when the party leaders met the election body, […]
[ad_1] CHENNAI: From raising just around $28 million in investments in 2020, the Indian space tech sector grew investments over four times in 2022 as it closed the year with $112 million of funding. As of August 2023, startups in the sector have raised $62 million, data from research firm Tracxn shows. The sector stands […]
[ad_1] France will ban children from wearing the abaya, the loose-fitting, full-length robes worn by some Muslim women, in state-run schools, its Education Minister said on August 27 ahead of the back-to-school season. France, which has enforced a strict ban on religious signs in state schools since 19th century laws removed any traditional Catholic influence […]
[ad_1] NEW DELHI: IndianOil on Friday laid out a Rs 4 lakh-crore roadmap for becoming a ‘360-degree’ energy company by pushing energy transition projects along with expansion of refining and petrochemicals capacities.“As India’s energy custodians, your company has crafted a clear roadmap to drive India’s energy destiny. To fuel the rising energy demand of an […]
[ad_1] Finland, Europe’s largest producer of fox fur, is culling 1,20,000 farmed foxes and minks in response to bird flu outbreaks in the country’s fur farms, officials said Wednesday. “A culling order has been issued for 13 farms,” Tuija Gadd, head of the virology unit at the Finnish Food Authority, told AFP. “Culling has already […]
[ad_1] India’s upper middle class is spending on premium cars, real estate, travel, technology, and home improvements. This uptick is being witnessed even as a contrarian trend emerges. According to an ET report, corporate leaders emphasize India’s enduring long-term growth trajectory, yet see an unconventional consumption pattern unfolding as food-driven inflation impacts middle-class spending. Indian […]
[ad_1] Thailand’s former prime minister Thaksin Shinawatra is set to return to the kingdom on Tuesday, the same day as a key parliamentary vote could end a political deadlock, his daughter said. The 74-year-old billionaire was ousted in a 2006 military coup and has spent 15 years in self-exile. Mr. Thaksin has long said he […]
[ad_1] NEW DELHI: Morgan Stanley expects retail inflation to moderate to Reserve Bank of India’s 6 per cent upper tolerance target only from November. Retail inflation in India rose sharply in July to 7.44 per cent and in the process breached RBI‘s 6 per cent upper tolerance target, largely due to a sharp spurt in […]
[ad_1] Taliban supporters celebrate on the second anniversary of the fall of Kabul at a street near the U.S. embassy in Kabul, Afghanistan, August 15, 2023. | Photo Credit: REUTERS Afghanistan’s Taliban government on Tuesday marked the second anniversary of their return to power, with supporters celebrating as critics denounced ever-tightening restrictions on women’s rights. […]