On Wednesday and Thursday, hundreds of employees of Goldman Sachs, a central Wall Street bank, were let go as the company started laying off as many as 3,200 people globally. It is believed that 700 to 800 employees of the company who worked in India were let go due to …

After a protracted major refit in Russia, which has been subject to significant sanctions and embargoes by the US-led western countries since it invaded Ukraine in February last year, India is having “some problems” transporting one of its diesel-electric submarines home. But the $5.43 billion (Rs 40,000 crore) contract signed …

According to a blog post on Guinness World Records, he lost about $165 billion between November 2021 and December 2022. Guinness noted that although the figures were based on data from publisher Forbes, other sources suggested that Mr. Musk’s losses might have been higher. It comes after Mr. Musk’s electric …

On Wednesday, Prime Minister Narendra Modi spoke with Israel’s newly elected Prime Minister Benjamin Netanyahu, and extended an invitation for him to visit India “shortly.” The Ministry of External Affairs (MEA) issued a statement in which it said that the prime minister “conveyed his warm congratulations to H.E. Mr. Netanyahu …

The World Bank warned on Tuesday that weaker growth in all three of the world’s largest economies—the United States, Europe, and China—will bring the global economy “perilously close” to a recession this year. The World Bank, which provides loans to less developed nations for development projects, stated in an annual …

The Indian Navy is prepared to abandon new acquisitions made under Project 75 I and may repeat its Project 75 order to MDL so that the air-independent propulsion system developed by the DRDO is installed in the new submarines built under “Aatmanirbhar Bharat.” When Manohar Parrikar was India’s Defence Minister, …

The Indian Air Force (IAF) immediately activated security procedures at the Jamnagar airport after receiving information from the appropriate agencies about a potential bomb scare on the Russian Azur Air aircraft bound for Goa. “After taking the aircraft to an isolated location at the military airport which is mainly responsible …

Former Brazilian President Jair Bolsonaro was released from the hospital and arrived at a residence in Orlando, Florida. Bolsonaro was admitted to a hospital in Florida on Sunday due to abdominal pain. On Monday, he tweeted a photo of himself from a hospital bed as several US lawmakers called for …

The Saudi Fund for Development will study the possibility of raising the current $3 billion deposit to $5 billion in Pakistan’s central bank. To provide additional relief to Pakistan’s economy, which is reeling from deadly floods, Saudi Arabia’s Crown Prince Mohammed bin Salman has directed an investigation to increase the …

There hasn’t been a noticeable increase in infections in India in the nearly three weeks since health authorities increased their vigilance in response to a significant Covid-19 surge in China. After two weeks of a slight increase, new cases in India saw a slight decline in the week that ended …