Risks to economy still look uncomfortably high: Experts

Govt must urgently initiate appropriate supply side measures to address inflation especially in cases of edible oil and fuel. High inflation print is the price that the Reserve Bank of India (RBI) will have to pay to nurse a fragile growth back, say economists. Wholesale Price Index-based inflation rose to a record high of 12.94 per cent in May, aided […]

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Futures Points To Broadly Higher Open

Asian shares finished broadly down, while European shares are trading down on Wednesday. Early signs from the U.S. Futures Index suggest that Wall Street might open broadly higher. Wholesale Inventories for April might be the major announcement on the economic front. As of 7.50 am ET, the Dow futures were sliding 29.00 points, the S&P 500 futures were adding 3.50 […]

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Volvo to build steel cars without fossil fuels by 2026

Swedish carmaker joins forces with steel firm to use technology that replaces coal with hydrogen Last modified on Wed 16 Jun 2021 04.24 EDT Volvo plans to build cars using steel made without fossil fuels by 2026, as part of a deal that could significantly reduce the carbon emissions from manufacturing its vehicles. The Swedish carmaker and compatriot steelmaker SSAB […]

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China says nuclear fuel rods damaged, no radiation leak

BEIJING — A Chinese nuclear power plant near Hong Kong had five broken fuel rods in a reactor but no radioactivity leaked, the government said Wednesday in its first confirmation of the incident that prompted concern over the facility’s safety. Radiation rose inside the No. 1 reactor of the Taishan Nuclear Power Plant in Guangdong province but was contained by […]

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Q.beyond Acquires Modern Workplace Specialist Datac; Sees Revenue Growth By FY22

German IT service provider q.beyond AG (QSCGF.PK), formerly known as QSC AG, Wednesday said it is acquiring Augsburg-based modern workplace specialist datac Kommunikationssysteme GmbH. Datac develops and currently supervises end-to-end solutions for the digitalised world of work for more than 700 SME customers. It has more than 50 IT specialists, including numerous Microsoft-certified experts, at its two locations in Augsburg […]

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Ingraham exposes 'who's really terrorizing Americans', Biden administration efforts to 'frighten' voters

Laura Ingraham: Garland, Biden, seeks surveillance state, oppressing critics Laura Ingraham sounds off on ‘The Ingraham Angle’ In her “Ingraham Angle” commentary on Tuesday, Fox News host Laura Ingraham warned viewers of the Biden administration’s continued efforts to use the power of the federal government and bureaucracy to intimidate political opponents and “frighten” voters into surrendering more of their liberty. […]

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Nets rally past Bucks in Game 5 on Kevin Durant’s historic performance to take 3-2 series lead

Kevin Durant saved the Brooklyn Nets with a legendary performance. The Nets overcame a 17-point deficit, the absence of Kyrie Irving and a hobbled James Harden. Behind Durant’s beautiful basketball, Brooklyn defeated the Milwaukee Bucks 114- 108 on Tuesday, taking a 3-2 series lead in this Eastern Conference semifinal matchup. Game 6 is Thursday (8:30 p.m., ESPN), and with a […]

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Babylon Bee CEO on NYT retracting claim satire site peddles fake news: It's malicious because they know better

New York Times admits it smeared a popular satire site Babylon Bee CEO Seth Dillon says, ‘As satirists, the last thing we want to do is threaten lawsuits’ on ‘Tucker Carlson Tonight’ Babylon Bee CEO Seth Dillon appeared on “Tucker Carlson Tonight” to discuss why the New York Times’ reversed its claim that the satirical site peddles “misinformation.” On Monday, […]

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Senate approves bill to make Juneteenth a federal holiday

WASHINGTON — The Senate passed a bill Tuesday that would make Juneteenth, or June 19th, a federal holiday commemorating the end of slavery in the United States. The bill would lead to Juneteenth becoming the 12th federal holiday. It is expected to easily pass the House, which would send it to President Joe Biden for his signature. Juneteenth commemorates when […]

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