SoftBank’s President and COO Nikesh Arora has resigned from his post. Nikesh Arora was earlier tipped to become the next CEO of the firm. SoftBank was founded in 1981 by Mr. Son. In 2006, this software distributor company acquired Vodafone Group PLC’s Japanese operations. SoftBank then rebranded it and transformed it into Japan’s third-largest mobile-phone […]
Author: Sushil Joshi
Indian Government Relaxes FDI Norms in Civil Aviation, Pharma, and Defense
In what is being considered a major reform move, Narendra Modi’s Government has decided to ease foreign direct investment (FDI) norms in aviation, pharma and defense sectors. The decision to ease norms was taken on Monday at a high-level meeting chaired by Prime Minister Narendra Modi. 100% FDI would now be allowed in scheduled airlines […]
PM Modi Asks Taxmen to Double Taxpayer Base to 10 Crore
Aiming to accelerate the revenue base in India, Prime Minister Narendra Modi has asked taxmen to double taxpayer base to 10 crore. Prime Minister was speaking at inaugural session of the two-day ‘Annual Conference of Tax Administrators 2016’ (Rajasva Gyan Sangam event) in New Delhi on Thursday. Narendra Modi said the tax officers should adopt […]
This Thai Man was Stunned to see a Monster Monitor Lizard Clinging at the Front Door of His House
Attanai Thaiyuanwong, a Thai man, was left amazed to see a big monitor lizard clinging to his front door after it entered his house. Attanai posted some pictures and a video of the lizard on Facebook, which have been viewed so far by over 250,000 people, while also receiving thousands of likes and shares. The […]
PM Narendra Modi to Inaugurate Work on Smart City Projects from Pune on June 25, Says Venkaiah Naidu
Prime Minister Narendra Modi will launch work on Smart City projects on June 25, Union Minister Venkaiah Naidu has said. The work would be inaugurated from the city of Pune and would start simultaneously in 20 other cities across India. The Smart City Project, announced last year on June 25, is one of the flagship projects […]
India’s NSG Membership will Deteriorate Security Situation in South Asia: Chinese Daily
India’s entry into the Nuclear Suppliers Group (NSG) will also deteriorate the security balance in South Asia, Chinese daily Global Times has said. According to the daily, approving India’s membership application could also trigger a nuclear race in the subcontinent. NSG is a group of 48 countries that control access to sensitive nuclear technology in […]
At Least 49 People Killed at Florida NightClub after an American-born Man Opens Gunfire
At least 49 people were killed at a gay nightclub in Orlando, Florida on Sunday in the deadliest mass shooting and worst terror attack in the United States since 9/11. The gunman, Omar Mateen, a 29-year-old American-born man from Fort Pierce, Florida started shooting at packed Pulse club at around 2 am Sunday, killing 49 […]
CBI to Hire ‘Eligible and Willing Officers’ from Financial Institutions to Investigate High-Profile Cases
The Central Bureau of Investigation (CBI) in India wants to appoint ‘eligible and willing officers’ from financial institutions, such as RBI, Small Industries Development Bank of India (SIDBI), and National Bank for Agriculture and Rural Development (NABARD) to help it in investigation of high-profile cases. CBI say these senior advisers on foreign exchange, foreign trade, […]
610 Gentlemen Cadets Take Part in Passing-out Parade at the Indian Military Academy, Dehradun
A total of 610 gentlemen cadets (GCs) took part in the colorful Passing out Parade (POP) on 11 June 2016 that was held on the drill square in front of Chetwode Hall at Indian Military Academy in Dehradun. The GCs who competed their training at the IMA included 45 from six friendly nations. The Reviewing […]
Indian Government is Comfortable with Oil at $60, Says Jayant Sinha
Indian Minister of State for Finance Jayant Sinha has said that the government would be comfortable if crude oil prices stayed below $60 a barrel, but if prices go beyond that range, then it would be definitely a matter of concern. “If oil prices stay in the range that most forecasters are expecting them to […]
CBI Creates SIT to Speed Up Probe in Corruption Cases against Vijaya Mallya and AgustaWestland
The Central Bureau of Investigation (CBI) has formed a special investigation team (SIT) to speed up probes in some corruption cases including the case of loan default by liquor tycoon Vijay Mallya and AgustaWestland corruption case. Gujarat IPS officer Rakesh Asthana will head this SIT. Mr Asthana is police service officer of Gujarat cadre from […]
Oil Prices Jump to Eight-Month High on Supply Disruptions and Chinese Demand
U.S. crude prices hit their highest level in eight months on Wednesday, buoyed by strong Chinese demand data and ongoing supply disruptions in Nigeria. Brent crude futures increased to $52.24 a barrel on Wednesday, the highest level since last October. This is the third consecutive session for crude to see a rise in its prices. […]
Switzerland Announces to Support India’s Bid for NSG Membership
Switzerland has announced to support India in its bid to become a member of the Nuclear Suppliers Group (NSG). Swiss President Johann Schneider-Ammann held comprehensive talks with Indian Prime Minister Narendra Modi on June 5 before announcing his country’s support to India’s membership in the elite 48-member group. India had formally moved its application for […]
Annual Naked Bike Ride at Cardiff and Bristol Highlights Vulnerability of Cyclists
On Sunday, the ninth annual Naked Bike Ride was held at Cardiff, the capital city of Wales, to highlight the vulnerability of cyclists on the roads. Around 150 naked and semi-naked cyclists participated in this clothing-optional event. While many cyclists were completely naked, some chose to be partially dressed for the 8.5 mile ride. Many […]
Seventeen People Killed across Odisha in Lightning Strikes
At least 17 people were killed and several others injured in Odisha on Wednesday as lightning struck them during a thunder squall. Most of the people killed had either taken shelter under trees or were working in open fields when thunderbolts struck them. Extensive damage has also been reported from Berhampur. A large number of […]
Pulgaon Fire Tragedy: Seven People Blown to Pieces in Explosions, Death Toll Rises to 18
The death toll from the fire mishap at Pulgaon ammunition depot in Maharashtra has increased to 18. Two more bodies were recovered on Wednesday from the site. According to police officials, the fire broke out at 1 AM on Tuesday, and the intensity of the fire and explosions was so high that seven people were […]
India’s GDP Growth for the First Quarter of 2016 Likely to be around 7.1%, Says DBS Report
A new research report from DBS suggests that India’s GDP growth for the first quarter of 2016 (January to March) is likely to be around 7.1 per cent. The report says India is doing relatively well despite challenging conditions around the world, but, there are some domestic sectors which have remained weak. Stressed banking sector […]
India Informs Canada about Khalistan Terrorists Planning Attacks in Punjab
Indian intelligence agencies have informed Canadian government about a pro-Khalistan group running a terrorist camp near Mission city in British Columbia. According to a Times of India report, agencies have informed Canadian government that the group is planning to carry out terrorist strikes in Punjab. Punjab intelligence agency has revealed that Canadian Sikh Hardeep Nijjar […]
PM Narendra Modi’s Aircraft Diverted as Storm Lashes Delhi
At least 27 flights heading towards Indira Gandhi International Airport in Delhi were diverted to other nearby airports on Sunday, May 29, after a dust storm and heavy rain lashed the capital city. Prime Minister Narendra Modi’s aircraft could not land in Delhi, and air traffic control had to divert the flight to Jaipur. The […]
Monica O’Connor, the British Woman Killed in Speedboat Accident in Thailand on Thursday, was on Honeymoon
On Thursday, a huge wave capsized the boat off Koh Samui, killing a British woman and two other people. It has now emerged that Monica O’Connor, 28, the British woman killed in the horrific accident, was on honeymoon with her husband Tim. Local authorities are running a search operation for a missing British man – […]
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