Air pollution causes highest number of deaths in India, Pakistan, Bangladesh

MORE than 1.2 million people died in India because of air pollution in 2017, a global report has shown, as data also revealed that deadly air claimed the lives of 128,000 people in Pakistan and 123,000 in Bangladesh. India and China topped the list of countries with the highest mortality burden attributable to air pollution in […]

Sino-US trade war, Brexit could slow developing Asia’s economic growth

GROWTH in developing Asia could slow for a second straight year in 2019 and lose further momentum in 2020, the Asian Development Bank (ADB) said on Wednesday (3), warning of rising economic risks from a bitter Sino-US trade war and a potentially disorderly Brexit. Developing Asia, which groups 45 countries in the Asia-Pacific region, is […]

Emerging Economies Catching up In Smartphone Adoption: Survey

SMARTPHONE use has become the norm in most developed nations, while many emerging economies are showing sharp gains, a global survey showed Tuesday (5). The Pew Research Center report found strong majorities of adults using smartphones in the world’s wealthier countries, led by 95 per cent adoption in South Korea and 88 per cent in […]

Nepal Rastra Bank Bans Use Of Indian Currency Notes Above Rs 100

Nepal’s central bank, Nepal Rastra Bank has banned the exchange of Indian currency notes in the denomination of Rs 2000, Rs 500, and Rs 200. However, Indian currency notes in the denomination of Rs 100 or below, are allowed for trading and exchange purposes. The latest move of the central bank is expected to affect […]

South Asia’s Economic Growth May Accelerate To 7.1 Per Cent In 2019: World Bank

South Asia’s regional economic growth is expected to accelerate to 7.1 per cent in 2019, underpinned by strengthening investment and robust consumption, said the World Bank on Tuesday (8). India is forecast to accelerate to 7.3 per cent in the financial year (FY) 2018-19 as consumption remains robust and investment growth continues, whereas Bangladesh is […]

Indorama Ventures Acquires PET Facilities In US And Germany

Indorama Ventures is expanding its plastic manufacturing and recycling capabilities with the purchase of new facilities in the US and Germany. Bangkok headquartered Indorama has purchased Invista Resins & Fibers’ PET production plant in Gersthofen, Germany, and a PET recycling plant from Custom Polymers PET in Alabama of the US in separate agreements. The Gersthofen […]

G20 Summit: Modi meets Saudi Crown Prince Mohammed bin Salman

India’s prime minister Narendra Modi on Friday (30) met Saudi Arabia crown prince Mohammed bin Salman on the sidelines of the G20 summit in Buenos Aires and the two leaders discussed ways to boost economic and energy ties. “Had a fruitful interaction with Crown Prince Mohammed bin Salman Al Saud. We discussed multiple aspects of […]

Minister accused in India’s growing #MeToo storm

India’s belated #MeToo movement snowballed on Tuesday (9) after several female journalists accused a minister in Narendra Modi’s government of sexual harassment and a producer alleged she was raped by a veteran Bollywood actor. Women journalists took to Twitter to allege how MJ Akbar, a well-known former editor and now a junior foreign minister, conducted […]

Bengaluru to Host Asia’s Largest Military Aviation Show Aero India 2019

Aero India, Asia’s largest military aviation show will be held from 20 to 24 February 2019, in India’s silicon valley, Bengaluru, the Indian government said on Saturday (08) in a release. The announcement on the prestigious show has come days after speculation over media reports that the exhibition hosted by Bengaluru for over 20 years […]

Alibaba Co-founder Jack Ma Announces Retirement

Chinese e-commerce giant Alibaba co-founder and chairman Jack Ma has said on Friday (07) that he is scheduled to retire from the service on Monday (11) when he celebrates his 54th birthday. In an interview with The New York Times, he said, he aims to spend his time for philanthropy focused on education after his […]