Rescue teams find two dead after small plane crashes near Croatia’s Zadar Two people were found dead late Friday after a small plane flying from the Czech Republic crashed in the mountains of Paklenica National Park, about 60 kilometres northeast of the coastal city of Zadar, news agency AP reported citing Croatian authorities said.“The search…
Mid-size SUVs’ market share rises to 18.2% as premiumisation reshapes India’s car market CHENNAI: Indian car buyers’ love for sports utility vehicles (SUVs) is moving up the price ladder. After years in which compact SUVs powered the country’s shift away from hatchbacks and sedans, mid-size SUVs are now taking a bigger slice of the passenger…
Apple may expand manufacturing beyond iPhones in India, while Google could shift more device exports from China, govt says NEW DELHI: India expects Apple to widen its manufacturing footprint beyond iPhones, whereas Google could shift a substantial share of its export-oriented device production from China to India, electronics and IT minister Ashwini Vaishnaw said.Vaishnaw told…
India’s eased FDI rules for investors with under 10% stakes in Chinese entities attract over $500 million in foreign investment since May NEW DELHI: Govt’s decision to allow companies and funds with under 10% holding of Chinese entities has helped generate over $500 million (Rs 4,895 crore) foreign direct investment since the rules were eased…
Govt conclave flags PSBs’ shrinking CASA share and weaker presence in high-value banking segments NEW DELHI: Public sector banks (PSBs) have rapidly lost market share in the higher value segment of the industry, such as credit cards business, where they are offering lower range card variants and in global capability centres (GCCs), to private and…
Informal sector sees strong Q1 growth, with women making up nearly one-third of its 13.7 crore workforce NEW DELHI: The informal sector, which constitutes major part of the economy, registered robust growth in Q1 (April -June) of the current financial year as number of establishments in the sector grew 9% (y-o-y) to 8.7 crore from…
Bigger screens and PC-like features fuel tablet demand, with 12GB models jumping 835% year-on-year in Q1 NEW DELHI: As laptop prices rise, tablet makers are making a stronger play for everyday computing, armed with bigger screens, more memory, keyboards and increasingly PC-like multitasking capabilities.The shift is showing up in what Indians are buying. Research agency…
Indian-American tech entrepreneur Vivek Wadhwa said many H-1B visa holders have fake degrees. Indian-American investor Vivek Wadhwa recently said that he’s aware that 20-25% of people who come to the US on H-1B are frauds. In a podcast with Mark Halperin, the India-born Silicon Valley investor spoke about H-1B abuse and Green Card limbo. “See,…
Robert Moses at the placing of final steel, Fire Island Inlet Bridge 1962. A powerful nor’easter hit the eastern coast of the United States in March 1962. The storm destroyed dunes, swept nearly 100 homes into the Atlantic Ocean, and cut through the narrow barrier island off Long Island’s south shore. The storm, known as…
Laapataa Ladies actor Satendra Soni has filed a Zero FIR against Paid Paalki filmmaker Pushpendra Singh and Pragati Chauhan over alleged assault, threats, wrongful confinement and unpaid dues, with AICWA extending support and demanding a fair investigation. Actor Satendra Soni, who is known for his role in Aamir Khan-backed Laapataa Ladies, has filed a Zero…