At $500 billion, India has world’s fifth-largest foreign exchange reserves

India has accumulated the world’s fifth-largest foreign exchange reserves at more than $500 billion, making it a bright spot in an otherwise dismal economy.The reserves were bolstered by a rare current-account surplus in the first quarter, a return of inflows into the local stock market and foreign...

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International flights will have to wait until situation normalises: Hardeep Puri

He, however, added that more flights will be added to bring back stranded Indians.Commercial international flights may not resume anytime soon as Union Civil Aviation Minister Hardeep Singh Puri said that the decision to resume regular international operations will be taken as soon as countries ease...

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Emirates Lays off 600 Pilots, Including Indians, in One of the Largest Firings in Aviation Industry

Dubai state-owned airline, Emirates has fired 600 pilots including a few Indians. The company on June 9 proceeded with what is being seen as one of the largest layoffs in the aviation industry.The latest round of firing brings the total number to 792 from one of the world’s largest long-haul airlines....

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Do You Use Google Chrome’s Incognito Mode? You May Be Eligible for $5K

If you’re an avid user of Google Chrome, you’re likely familiar with Incognito mode, which allows you to browse privately.And if you’ve used this particular mode within the past four years, according to a proposed class-action lawsuit, you could eventually be in line to receive a hefty sum of $5,000.In...

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US to block Chinese airlines from flying into the US

The US government says it will block Chinese airlines from flying into the US in response to what it says is a policy that has prevented US carriers from service between the two countries.The Transportation Department restrictions will take effect June 16 but could be enacted earlier if President Donald...

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Apple Pays Indian Developer Rs. 75 Lakh for Finding a Bug in ‘Sign in With Apple’ Process

Apple has reportedly paid an Indian developer $100,000 (roughly Rs. 75.3 lakh) for finding a critical bug in the ‘Sign in with Apple' process on its devices. The 27-year-old developer named Bhavuk Jain had discovered a Zero Day bug in the 'Sign in with Apple' process that could have allowed hackers...

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International Flights May Start “Even By Middle June”: Aviation Minister

International flight operations may start by mid-June or end-July if the COVID-19 virus "behaves in a predictable manner", Civil Aviation Minister Hardeep Singh Puri said Saturday afternoon, during an online discussion with the public to clarify norms governing "calibrated" restart of domestic flights...

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Structural reforms in 8 key sectors to boost economy, says FM Sitharaman

Finance Minister Nirmala Sitharaman on Saturday announced the fourth tranche of the Rs 20 lakh crore economic stimulus package focussing on structural reforms in various crucial sectors of the Indian economy. The reforms will provide an impetus to those sectors which are new areas of growth, unleash...

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Trump threatens Apple; derails Modi’s plan to lure companies away from China to Make in India

In what can be a major setback for Prime Minister Narendra Modi’s ambitious plan to woo multinational companies away from China to make in India, US President has threatened companies such as Apple with tax deterrent if they do so.President Donald Trump requests PM Narendra Modi to release Hydroxychloroquine...

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Azim Premji is World’s 3rd Biggest Private Donor Towards COVID19: Forbes

According to the Forbes magazine list of top 10 private donations towards the fight of the coronavirus pandemic, India’s Azim Premji stands at the 3rd position with the donation of Rs. 1,125 crores. He is the only Indian to be featured on the list.The coronavirus pandemic that emerged first in the Wuhan...

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