Kannur airport inaugurated

Kannur (Kerala) December 9 (IANS): Kerala Chief Minister Pinarayi Vijayan on Sunday inaugurated the Kannur International Airport Ltd (KIAL) and expressed confidence that it will change the fortune of the state with all towns within four hours of drive from an international airport.   “Kannur Takes Off!” Vijayan tweeted, after flagging off the first flight at […]

India’s gold demand loses steam due to high prices

India’s gold demand loses steam due to high prices

People buy gold ornaments at a jewellery showroom during Dhanteras, a Hindu festival associated with Lakshmi, the goddess of wealth, in Kolkata on November 5, 2018. (REUTERS File Photo)     Mumbai, December 7 (Reuters): Gold was sold at a discount this week in India for the first time in a month as a rebound […]

Iran agrees to OPEC oil cut, focus shifts back to Russia

Iran agrees to OPEC oil cut, focus shifts back to Russia

The logo of the Organisation of the Petroleum Exporting Countries (OPEC) is seen at OPEC’s headquarters in Vienna, Austria on December 5. (REUTERS Photo)   VIENNA, December 7 (Reuters): Iran gave OPEC the green light on Friday to reduce oil output by around 0.8 million barrels per day from 2019 after finding a compromise with rival […]

WOW air launches India-Iceland flights

New Delhi, December 7 (IANS): Icelandic low-cost, long-haul airline WOW air on Friday launched its flight from New Delhi to Reykjavik-Keflavik Airport in Iceland.   The inaugural flight was flagged off from the Indira Gandhi International Airport (IGIA) earlier in the day.   According to the airline, it will operate three weekly flights from New Delhi, […]

Government meets with WhatsApp over tracing of fake news: source

Government meets with WhatsApp over tracing of fake news: source

A man poses with a smartphone in front of displayed Whatsapp logo in this illustration on September 14, 2017. (REUTERS File Photo)     MUMBAI, December 7 (Reuters): Indian tech ministry officials met with senior WhatsApp executives this week to ask the Facebook Inc unit to start tracing the origins of misinformation spread through its […]

Facebook to check Indian political ads in build-up to vote

Facebook to check Indian political ads in build-up to vote

A man poses with a magnifier in front of a Facebook logo on display in this illustration taken in Sarajevo, Bosnia and Herzegovina on December 16, 2015. (REUTERS File Photo)   NEW DELHI/BENGALURU, December 6 (Reuters): Indian advertisers wanting to run political ads on Facebook will have to confirm their identity and location to help prevent […]

Cabinet approves policy to boost farm exports: minister

Cabinet approves policy to boost farm exports: minister

Tea garden workers wearing Japi hats made out of bamboo and palm leaves pluck tea leaves inside Durgabari Tea Estate on the outskirts of Agartala on May 25, 2017. (REUTERS File Photo)     NEW DELHI, December 6 (Reuters): The government on Thursday approved a policy to boost exports of farm commodities such as tea, […]

Sonata Software buys Australian firm for Rs 28 crore (Lead)

Sonata Software buys Australian firm for Rs 28 crore (Lead)

Bengaluru, December 6 (IANS): Leading Indian IT services provider Sonata Software on Thursday said it acquired Australia-based Scalable Data Systems for Rs 28 crore (Australian dollar 5.5 million) to hardsell Microsoft Dynamics 365 product.   “We signed an agreement to acquire Scalable for an enterprise value of Australian dollar 5.5 million (Rs 28 crore) subject to […]

$100 bn investment in telecom to add $1.2 tn to India’s GDP: Report

New Delhi, December 6 (IANS): The investment of $100 billion in the Indian telecom industry as envisioned in the National Digital Communications Policy 2018 (NDCP) would result in an increase of $1.21 trillion in India’s Gross Domestic Product (GDP) on a cumulative basis, a report said here on Thursday.   Currently, India is a $2.5 trillion […]

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