On Friday, China raised its defence budget to USD 209 billion, sustaining a single-digit rate of growth for the sixth consecutive year, with a 6.8% rise in 2021. The budget increase was declared by Chinese Prime Minister Li Keqiang at the National People’s Congress, Parliament of China (NPC). Defending the rise, Zhang Yesui told the […]
Category Archives: Business
Following a renewed bout of bond uncertainty, stocks and the US futures fell on Thursday as traders awaited remarks from Federal Reserve Chairman Jerome Powell. Treasury rates have levelled off. As gold remained near a nine-month low, the Stoxx 600 Index fell 0.7 percent, pulled lower by miners. The S&P 500 and Nasdaq 100 contracts […]
During a drill, a SpaceX Starship rocket falls horizontally through the air. The SpaceX Starship rockets are designed to fall horizontally, which makes SpaceX slow down. On March 4, the SN10 Starship exploded on the ground after it landed. This is the third time a SpaceX Starship rocket has exploded in a row. The following […]
A report from United Nations (UN) reveals that an estimated 17% of total food available for consumers in 2019, went into waste which roughly equals that of 23 million fully-loaded 40-tons trucks. The study finds that food waste is not the problem of only developed countries rather it’s now a global concern. The UN conducted […]
Soon the project to fly a plan through Venus atmosphere could come true as one could observe the Venusian surface from 50km up sampling the acidic alien atmosphere directly. The temperature of Venus hovers around 460 degree Celsius. An inflatable propeller plane is to be build by US aerospace company that could fly through Venus […]
The Indian community in Australia appears to be divided over controversial farm laws in India. When their car was assaulted in Sydney, last Sunday, a group of Sikh men allegedly became victims of a hate crime. Law enforcement agencies suspect the attack was the product of growing tensions between the Sikh community and supporters of […]
Amazon has opened its first “just walk out” shop outside the US. It’s a till-less grocery store which is located in London. In Amazon Fresh, the customers can scan a smartphone while entering and automatically get billed as they leave the store. It provides hundreds of own brands and third-party products for the customers as […]
In a complaint filed in federal court in the United States, Amazon was accused of discriminating against women and Black workers while openly promoting diversity and social justice. Charlotte Newman, a Black woman who leads Amazon Web Services’ Underrepresented Founder Start-up Business Growth, claims in the suit that she has been threatened, sexually abused, and […]
India’s fuel consumption could rise by 9.8% in the year to March 2022, its highest pace of growth in six years, driven by robust demand for gasoline and gasoil in Asia’s third largest economy, according to initial government projections. Higher expectation of fuel consumption, a proxy for oil demand, points to a sharp recovery in […]
The central government of India organized ‘India Toy Fair 2021’ which begun on 27th February and will end on 4th March. The fair is held on a virtual platform owing to the restriction of an ongoing pandemic. The Prime minister of India has inaugurated this first-of-its-kind event, which is in line with the Indian government’s […]