INDIAN VOODOO: How Russian banks are bypassing SWIFT sanction

Sanctioned Russian banks now have access to one of the world’s largest markets, due to a recent decision by the Indian government to permit cross-border trade settlements in rupees to promote Indian exports. To settle trade deals under rupee trading, Indian banks have to open special rupee-vostro accounts in the trading partner country’s banks. The … Continue reading INDIAN VOODOO: How Russian banks are bypassing SWIFT sanction

Qatar 2022: Cybercriminals targeting high-profile critics of the World Cup

A joint investigation by the Bureau of Investigative Journalism and the Sunday Times found that an Indian computer hacking group allegedly targeted dozens of British government officials, businessmen, and journalists critical of Qatar ahead of the FIFA World Cup this month. The investigation found that criminal activity began in 2019, and was allegedly commissioned by “one particular client,” … Continue reading Qatar 2022: Cybercriminals targeting high-profile critics of the World Cup

India mounts pressure on rich countries, says they should pay for increasing climate change costs

India has called on rich countries to fulfilL a decade-old promise to provide $100 billion in annual climate finance to developing nations. In 2009, a coalition of economically developed countries - including the USA, France, Germany, and the UK - pledged to give climate change-impacted nations $100 billion (€101 billion) per year by 2020. This promise has not … Continue reading India mounts pressure on rich countries, says they should pay for increasing climate change costs

India declares openness to freedom of speech, self-regulation of social media content

India continues to favour a self-regulatory body for social media content disputes, a federal minister told Reuters, despite a lack of consensus among Big Tech companies to form a joint appeals panel. The government on Friday said it would set up an appeals panel amid concerns users had no recourse if they objected to moderation decisions of … Continue reading India declares openness to freedom of speech, self-regulation of social media content

3 Indian students involved in Massachusetts crash

Photo by Sue Rickhuss on Pexels.com is for reference purpose and was not taken at the accident site Three students from India who were attending universities in Connecticut died in a two-vehicle crash in western Massachusetts this week, authorities said on Thursday. Five other people were taken to the hospital for treatment of injuries suffered … Continue reading 3 Indian students involved in Massachusetts crash

How to earn large bonus on Diwali

People in India – especially in the northern part – generally get a bonus from their employers during the auspicious occasion of Diwali. The bonus may vary from a small to an expensive gift or from a little to large amount of cash given in hand or transferred to a bank account. While any type … Continue reading How to earn large bonus on Diwali

‘World’s dirtiest man’ dies in Iran at 94 a few months after first wash

An Iranian hermit nicknamed the “world’s dirtiest man” for not taking a shower for more than half a century has died at the healthy old age of 94, state media has reported. Irna news agency reported that “Amou Haji”, an endearing nickname for an elderly person, died on Sunday in the village of Dejgah in the … Continue reading ‘World’s dirtiest man’ dies in Iran at 94 a few months after first wash

PM Modi praises Indian banking sector for supporting good governance, improved service delivery

Emphasizing India's strides towards financial inclusion and digital economy, Prime Minister Narendra Modi on Sunday said the banking sector has become a vehicle for good governance and better service delivery in the country. With an aim to promote financial inclusion, Prime Minister Narendra Modi on Sunday dedicated 75 Digital Banking Units (DBUs) to the nation. … Continue reading PM Modi praises Indian banking sector for supporting good governance, improved service delivery

Tata Motors penetrating India’s automotive industry with affordable electric vehicles (EVs)

As it seeks to attract more buyers, Tata Motors, the country's only electric vehicle maker, has introduced India's lowest priced electric car this week, costing some $10,000. Assisted by government subsidies and high import tariffs, Tata leads India's EV market. Mahindra and Mahindra, Tata's domestic rival, plans to launch its first electric sport-utility vehicle in … Continue reading Tata Motors penetrating India’s automotive industry with affordable electric vehicles (EVs)

Apple planning to produce new models in India

In a bid to diversify its smartphone production from China, American tech giant Apple is set to manufacture some of its iPhone 14 models in India. According to GSM Arena, this news comes from a new Bloomberg report which also details Apple's plans to ramp up production with contract manufacturer Foxconn at its assembly plant … Continue reading Apple planning to produce new models in India

India to play ‘Taiwan card’ if China resorts to violence

Congress MP Shashi Tharoor said that if China 'misbehaves' with India further, the government has the option to play the 'Taiwan card' and upgrade India's level of contact with the island that China claims as its own. Tharoor's reaction came as US House Speaker Nancy Pelosi concluded her visit to Taiwan amid strong reactions from … Continue reading India to play ‘Taiwan card’ if China resorts to violence

COVID-19: Latest updates as at 3.08.2022

India records 17,135 new cases in the last 24 hours A government panel on Covid immunisation has recommended allowing Biological E's Corbevax as a precaution dose for adults fully vaccinated with either Covishield or Covaxin, official sources said on Tuesday. If approved by the government, this would be the first time a booster dose of … Continue reading COVID-19: Latest updates as at 3.08.2022