JUNE 7, 2022
Three brothers from Uttar Pradesh's Saharanpur are making international headlines, but sadly for all the wrong reasons. On Monday, June 6, the South African government said that law enforcement authorities in the UAE have arrested Rajesh Gupta and Atul Gupta for using their 'close proximity' with former president Jacob Zuma to profit financially and influence senior appointments....
JUNE 7, 2022
The Indian Mountain Foundation (IMF) has urged the Ministry of Home Affairs to open 141 peaks in Ladakh in addition to the already 120 open peaks for promotion of mountaineering and trekking activities in the cold desert region.
Honorary Secretary, IMF, Colonel Vijay Singh called on the Lieutenant Governor of Ladakh, RK Mathur and briefed him about the...
JUNE 7, 2022
The GDP growth compares to an 8.7 per cent expansion in the previous 2021-22 fiscal. - The Financial Express
The World Bank on Tuesday cut India’s economic growth forecast for the current fiscal to 7.5 per cent as rising inflation, supply chain disruptions and geopolitical tensions taper recovery.
This is the second time that the World Bank has...
JUNE 7, 2022
Economist and ex-Treasury Secretary Larry Summers. - Hyungwon Kang/Reuters
Economists have devised a new inflation metric that accounts for modern-day spending patterns.
They found that US inflation is currently much closer to its 1980 peak than previously expected.
US inflation is running closer to its peak than previously anticipated, according to a group of economists, which could...
JUNE 7, 2022
Donald Trump at a rally in Washington, DC, on January 6, 2021, hour before the Capitol Riot. - Jacquelyn Martin/AP
Rep. Jamie Raskin said the Jan 6 committee found serious evidence implicating Trump in the riot.
He said it showed worse than incitement — the charge in Trump's second impeachment.
Raskin hinted that the committee would try...
JUNE 6, 2022
Joe Root looked a class apart in the Test series opener against New Zealand as he became only the 14th batter in the history of cricket to scale the mountain of 10,000 runs in the longest format of the game. England were in a spot of bother in their chase of 277 as they had lost their...
JUNE 6, 2022
The economy is likely to blow hot and cold for the immediate future, Morgan Stanley’s co-president says, as the economy swings between fears of inflation and fears of a contracting economy.
Last week, Ted Pick, head of institutional securities at investment bank Morgan Stanley, joined bankers and investors from Jamie Dimon to Carl Icahn in warning that chances...
JUNE 6, 2022
A charge of seditious conspiracy requires prosecutors to prove that force was used either to overthrow the government or to interfere with the execution of federal law. - Jim Urquhart/Reuters
Enrique Tarrio, the former chairman of the Proud Boys, and four other members of the far-right group were indicted on Monday for seditious conspiracy in connection with...
JUNE 6, 2022
Americans are burning through their savings and might virtually exhaust them within months.
Michael Burry warned the US economy could suffer once consumers empty out their savings accounts.
The US economy is being propped up by consumers cracking open their piggy banks, and could capitulate once their savings dry up later this year, Michael Burry warned in...
JUNE 6, 2022
Elon Musk threatened to terminate his deal to buy Twitter Inc. in a letter accusing the company of not complying with his request for data on the number of spam and fake accounts on the social-media platform.
Mr. Musk said Twitter has refused to provide the data necessary for Mr. Musk to facilitate his own evaluation of the...
