The Federation of Automobile Dealers Association (FADA) announced on Thursday, that total vehicle registrations in March were down 28.64 % year over year. Despite last year’s low base, the decline continues. Due to a seven-day lockdown in March of last year, auto sales came to a halt. The registration numbers contrast sharply with the wholesale […]
Category Archives: Business
Top lawyers are prospering as many businesses – their major clients – are still suffering from the disruption caused by the epidemic. By the time, the courts went online and senior counsels could have gone to four to five cases in different cities as a treaty, their income had already come up. Top Shots have […]
The US State Department released new guidelines on Friday, that will enable the US officials to communicate more openly with Taiwanese officials, a move that deepens ties with Taipei, in the face of increased Chinese military activity across the island. In a tweet, State Department spokesman Ned Price said, “These new guidelines liberalise advice on […]
The renewable arm of Larsen & Toubro’s Power transmission and distribution business has bagged a turnkey EPC (engineering, procurement and construction) contract from the consortium of ACWA Power and the Water and Electricity Holding Company (a subsidiary of the Public Investments Fund of Saudi Arabia), for Sudair solar PV project of 1.5GW capacity. This mega […]
Following Facebook, LinkedIn has been the latest victim of a data breach, with scrap data from over 500 million users being sold on a common hacking site. Email addresses, cell phone numbers, job records, full names, account numbers, social media profiles, and gender information were among the information leaked. LinkedIn has confirmed the news, claiming […]
CAIRO – Archaeologists have discovered the ruins of an ancient city in the desert outside of Luxor, which they say are the “largest” ever discovered in Egypt, and date back to the pharaohs’ golden age 3,000 years ago. The “lost golden city” was discovered near Luxor, the birthplace of the legendary Valley of the Kings, […]
In 1985, the first quadruple quasar image was captured. Since then, till today only 50 such quasars have been identified. There has been an increase in the total confirmed Einstein’s crosses by 25 per cent. 12 rare quasars, each offering four distinct quadruple images, commonly called Einstein’s cross was discovered by a group of scientists. […]
The IMF raised China’s GDP forecast for this year to 8.4%, a 10-year high, but warned that the world’s second largest economy’s growth was unbalanced and private consumption had not recovered as quickly as anticipated following the coronavirus crisis. The IMF also urged China to resolve its high corporate debt levels, which were a result […]
India is expected to continue purchasing unrefined or crude petroleum from Iran, the moment the US sanctions are facilitated, assisting it with differentiating its import crate, a senior government official said. India prevented bringing in oil from Iran in mid-2019, after sanctions on the Persian Gulf country were imposed by the Trump organization. The US […]
While battling with Walmart Inc. in its largest overseas market, Amazon.com Inc. provided a rare glimpse into the Covid-era growth of its Indian sector. Since it began operating in the Asian nation about a decade ago, the US online giant has facilitated exports of Indian-made products worth $3 billion and generated over a million local […]