LATEST NEWS

Google backs India's IT rules as WhatsApp, Twitter fume at regulation

In a virtual conference with select reporters from the Asia Pacific, Google CEO Sundar Pichai said the company respects the legislative processes, and in cases where it needs to push back, it does so

Fugitive Indian jeweller Mehul Choksi caught while fleeing to Cuba by boat

Antigua’s Prime Minister Gaston Browne told news agency ANI that Antigua will not accept him back and that he has requested PM Skerrit and law enforcement authorities in Dominica to not return Choksi to Antigua where he has legal and constitutional protection as a citizen

WhatsApp challenges India's customer protection rules

In public, however, the IT giants Facebook and Google have adopted a non-confrontationist posture, saying they are trying to comply with the rules

Reliance creating largest cable network with 2 new subsea systems

The India-Asia-Xpress (IAX) system that connects India eastbound to Singapore and beyond and the India-Europe-Xpress (IEX) system that connects India westbound to the Middle East and Europe will address the region’s data revolution

AT&T to merge media assets with Discovery in $43 bn deal

As per the terms of the cash and debt deal, AT&T's shareholders would receive stock representing 71 per cent of the new company, while Discovery shareholders would own 29 per cent of the new company

Covid care: RBI opens Rs50,000-cr liquidity tap for banks

Under the scheme, banks can tap into the window to provide loans of up to 3 years’ tenor to various entities, including vaccine manufactures and suppliers, importers/suppliers of medical devices and Covid-related drugs, hospitals/dispensaries, pathology labs, suppliers of oxygen and ventilators and logistics firms as also patients for treatment

Bill and Melinda Gates fall apart after 27 years of marriage

The Bill and Melinda Gates Foundation said Bill Gates, 65 and Melinda Gates, 56, would continue to work as co-chairs and trustees of the organisation, even as the couple said they have reached an agreement on how to divide their assets worth $146 billion

NEWS HEADLINES

FEATURED ARTICLES

Shaping the post-pandemic economy, a global perspective

Apart from aggravating the problem of inequalities among nations the pandemic is creating joblessness within countries and since global policies cannot be tailored to suit the requirements of all individual countries, there cannot be any guarantee that the IMF, or any international institution for that matter, would be able to help bring about a job-lead economic recovery

Alibi for the Reserve Bank!

Corporates may bring stability to banks they operate, but at the cost of the economy, which could be rendered unstable by the urge to serve themselves

CCI approves Future-Reliance deal

The CCI approval for the Future Group-Reliance Group deal comes as a huge setback for US e-commerce giant Amazon, which is seeking to enforce an arbitration award from a Singapore court restraining the parties from implementing the deal

Cease-fire on the Vaccine Front!

The might of vaccines can be gauged from the fact that newly-listed Chinese pharma company, Beijing Wantai Biological Pharmacy Enterprise, made a $20 billion windfall on an untested vaccine, taking the net worth of Zhong Shanshan, who holds a controlling stake in the company, to $58.7 billion 

SHOPPING