In India-China crisis, an India-US bonanza in view

Washington: A border clash has plunged ties between India and China to their lowest point in decades. But one beneficiary looks clear — the US-India relationship. Experts say India could finally end equivocation about openly aligning itself with the long-eager United States, although there will still be disagreements — which, paradoxically, are now mostly due … Read more In India-China crisis, an India-US bonanza in view

J&K: Army foils infiltration attempt along LoC

SRINAGAR: Two militants were killed on Saturday as the Army foiled an infiltration attempt along the Line of Control (LoC) in Naugam sector of Jammu and Kashmir, a defence spokesperson said.Early in the morning, suspicious movement was detected by the troops along the Line of Control at Naugam sector in north Kashmir’s Kupwara district, defence … Read more J&K: Army foils infiltration attempt along LoC

Explained: Why US cannot say no to foreign students

How important are international students to US universities? Extremely important, say experts, be it by way of diversity, the quality of talent or the revenue they bring to institute coffers.On Wednesday, Harvard University and Massachusetts Institute of Technology sued the Trump administration to protect student visas, and vowed to pursue the case vigorously, according to … Read more Explained: Why US cannot say no to foreign students

Banks’ fund-raising spree giving wrong vibes; stay cautious

The domestic equity market continued its fractured up-move, defying grim economic growth prospects for India as well as the world as projected by the IMF in its latest report. It seems first-time investors, who can also be termed as lockdown players, and traders have taken this market higher by shoring up share prices of smallcaps … Read more Banks’ fund-raising spree giving wrong vibes; stay cautious

Jio Platforms receives over Rs 30,362 crore from four investors

MUMBAI: Jio Platforms has received all the approvals for its stake sales to L Catterton, PIF, Silver Lake and General Atlantic Singapore, and has got a total of Rs 30,362.43 crore for 6.13,% stake.“We hereby inform that, after receipt of all requisite approvals, Jio Platforms Limited, a subsidiary of the Company, received the subscription amounts … Read more Jio Platforms receives over Rs 30,362 crore from four investors

India quite literally needs to put a roof over its China dream

By Andy MukherjeeIt took a pandemic and a lockdown to highlight the precarious existence of the country’s blue-collar workers. Left without jobs and shelter, an estimated 30 million — roughly a fifth of the urban labor force — have gone back to their villages, with many completing long, hazardous journeys on foot when trains and … Read more India quite literally needs to put a roof over its China dream

Mini lockdowns creating maximum hurt?

NEW DELHI | KOLKATA: Localised shutdowns, necessitated by Covid-19 outbreaks in clusters across the country, are taking a toll on consumer goods, automobile and ecommerce companies. This comes as business is in the process of reviving after the nationwide lockdown, imposed on March 25, was eased in stages. Such re-impositions have a knock-on effect, disrupting … Read more Mini lockdowns creating maximum hurt?

Amazon bans TikTok for employees, then backtracks

By Mike Isaac and Karen WeiseSAN FRANCISCO: Amazon on Friday asked its employees to delete the Chinese-owned video app TikTok from their cellphones, putting the tech giant at the center of growing suspicion and paranoia about the app.Almost five hours later, Amazon reversed course, saying the email to workers was sent in error.In the initial … Read more Amazon bans TikTok for employees, then backtracks