Musk to jury International 

Musk to jury: Just Because I Tweet Something, Doesn’t Mean People Believe it

Elon Musk, Tesla (NASDAQ:TSLA) Inc’s chief executive, testified on Friday that investors do not always react to his Twitter messages as he expects, defending himself in a fraud trial over his 2018 tweet that he had funding to take the electric carmaker private. Musk’s testimony began with questions about his use of Twitter, the social media platform he bought in October. He called it the most democratic way to communicate but said his tweets did not always affect Tesla stock the way he expected. “Just because I tweet something does…

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airport scrambles International 

Philippines Main Airport Scrambles To Restore Normalcy After Power Cut

The Philippines’ main gateway remained on reduced operations on Monday after a New Year power outage that jolted its air traffic control, with authorities scrambling to resume full service after more than 300 flights were disrupted. The ageing Ninoy Aquino international airport was early on Monday handling a maximum 15 arrivals per hour compared to 20 during normal operations, said Cesar Chiong, general manager of the Manila International Airport Authority. The outage was the result of the unprecedented failure of both primary and secondary power supplies, he said. “It will…

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Sri Lanka's new Prime Minister International 

Ranil Wickremesinghe, Sri Lanka’s new Prime Minister, has expressed interest in strengthening ties with India

Ranil Wickremesinghe, Sri Lanka’s new Prime Minister, has expressed his desire for better connections with India during his term and praised India for its economic help as the country grapples with its worst economic crisis since independence. On Thursday, Wickremesinghe, 73, was sworn in as Sri Lanka’s 26th prime minister, to restore stability to the country’s debt-ridden economy and end political unrest. I want to have a stronger relationship with Prime Minister Narendra Modi, and I want to express my gratitude to him. Wickremesinghe was speaking on India’s economic support…

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International 

Nobel Prize in medicine for discovery of temperature, touch receptors

By Administrator_ India Capital Sands Two US-based scientists were awarded the Nobel Prize in physiology or medicine on Monday for their discovery of the receptors that allow humans to feel temperature and touch. David Julius and Ardem Patapoutian focused their work on the field of somatosensation, that is the ability of specialized organs such as eyes, ears and skin to see, hear and feel. This really unlocks one of the secrets of nature, said Thomas Perlmann, secretary-general of the Nobel Committee, in announcing the winners. It’s actually something that is crucial for…

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PM Narendra Modi to interact with BJP workers today International 

PM to visit US for Quad on Sept 24; focus on Afghan crisis, Covid-19

By Administrator_ India Capital Sands Prime Minister Narendra Modi will travel to the US next week to participate in the first in-person Quad summit that is expected to broadly focus on contemporary global challenges, including the Afghan crisis, the Covid pandemic, and ensuring a free and open Indo-Pacific. In his first visit to the US since President Joe Biden took office, the prime minister will participate in the summit of the four-nation grouping on September 24 in Washington and address the 76th session of the UN General Assembly in New York the next…

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International 

EU rejects UK demand for new post-Brexit deal on Northern Ireland

By Administrator_ India Capital Sands Britain demanded on Wednesday a new deal to oversee problematic post-Brexit trade involving Northern Ireland, warning it already had the right to unilaterally ignore parts of an agreement struck with the bloc just last year. The European Commission immediately poured cold water on the plea, saying Prime Minister Boris Johnson and Brexit minister David Frost had negotiated the protocol and Britain had to respect its international obligations. “We will not agree to a renegotiation of the Protocol,” said the commission’s Vice President Maros Sefcovic. The Northern Ireland protocol was part…

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AirAsia announces free rescheduling on all flight bookings till May 15 International 

AirAsia announces free rescheduling on all flight bookings till May 15

By Administrator_ India Capital Sands AirAsia India has announced free rescheduling on all flights for bookings till May 15, 2021. In a statement, the airline said that guests can now make unlimited changes for all bookings and changes made till May 15, irrespective of the travel dates, without incurring any flight change fees. “To ensure that its customers continue to have the greatest flexibility if their travel plans change with increased uncertainty and travel restrictions, the airline has extended this offer on its new website www.airasia.co.in as well as other major…

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World Bank ups FY22 GDP growth projection for India by 4.7 percentage pts International 

World Bank ups FY22 GDP growth projection for India by 4.7 percentage pts

By Administrator_ India Capital Sands The World Bank has scaled up its projections for India’s economic growth by a massive 4.7 percentage points to 10.1 percent for 2021-22 due to a strong rebound in private consumption and investment growth. The Bank had pegged the GDP growth at 5.4 percent for the country in its January report. “India, which comprises almost 80 percent of the region’s (south Asia) GDP, had a substantial revision to growth of 4.7 percentage points since January 2021, due to a strong rebound in private consumption and investment growth…

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Protests intensify across Myanmar; Suu Kyi party official dies in custody International 

Protests intensify across Myanmar; Suu Kyi party official dies in custody

By Administrator_India Capital Sands An official from the party of deposed Myanmar leader Aung San Suu Kyi died overnight in police custody, associates said, while protests were held in at least half a dozen cities in some of the most widespread action against the coup last month. The cause of Khin Maung Latt’s death was not known, but Reuters saw a photograph of his body with a bloodstained cloth around the head. Sithu Maung, a member of the dissolved parliament, said in a Facebook post that Khin Maung Latt was his campaign manager and…

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Britain plans to unveil new visa scheme for financial technology workers International 

Britain plans to unveil new visa scheme for financial technology workers

By Administrator_ India Capital Sands UK Chancellor Rishi Sunak plans to introduce new visas for financial technology workers in next month’s budget, part of a package of proposals in a report aimed at boosting the industry in the country, according to newspapers. The fast-track visa program is designed to lure global talent to Britain’s fintech companies and will mirror a similar policy for scientists, the Telegraph reported. It’s one of five pillars contained in a Treasury-commissioned report by former Worldpay Chief Executive Officer Ron Kalifa that’s due to be delivered to Sunak as…

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