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India faces tough challenge from Germany in women’s hockey Olympic qualifier
News Sports
India faces tough challenge from Germany in women’s hockey Olympic qualifier
The Indian women’s hockey team will have to overcome a formidable opponent in the form of world No.5 Germany in the FIH Hockey Olympic Qualifiers to be held in Ranchi from January 13 to 19. The team, ranked sixth in the world, is aiming to secure a spot in the 2024 Paris Olympics, where it hopes to improve on its quarter-final finish in the 2020 Tokyo Games. India’s group and…
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India Women’s Hockey Team to Face Germany in Olympic Qualifiers
News Sports
India Women’s Hockey Team to Face Germany in Olympic Qualifiers
The Indian women’s hockey team has been drawn in a tough group for the FIH Hockey Olympic Qualifiers 2024, which will be held in Ranchi from January 13 to 19. The hosts will have to compete against world No.5 Germany, New Zealand, Japan, Chile, the USA, Italy and the Czech Republic for one of the three spots available for the Paris 2024 Summer Games. A Challenging Group for India India,…
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Could climate tech be boon for Massachusetts economy
Business News
Could climate tech be boon for Massachusetts economy?
What is climate tech and why does it matter? Climate tech is a term that encompasses technologies and innovations that aim to mitigate or adapt to the effects of climate change. It includes sectors such as clean energy, sustainable transportation, carbon capture, smart agriculture, and climate resilience. Climate tech is not only important for the environment, but also for the economy, as it can create new markets, jobs, and opportunities…
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IndusInd Bank launches ‘INDIE’, a personalised digital banking app
Finance News
IndusInd Bank launches ‘INDIE’, a personalised digital banking app
IndusInd Bank, one of the leading private sector banks in India, has launched a new mobile banking app called ‘INDIE’, which aims to provide a personalised and intelligent digital banking experience to its customers. The app, which was unveiled on October 4, 2023, offers a range of features, including ultra-flexible products, instant line of credit, transparent rewards program, high-interest savings account, fixed deposits, and safety and security features. ‘INDIE’ offers…
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Westpac’s soaring profits expose the RBA’s bias towards banks
Business News
Westpac’s soaring profits expose the RBA’s bias towards banks
How the RBA’s inflation-targeting regime benefits the banks at the expense of households Westpac, one of Australia’s big four banks, has announced an annual profit of $7.2 billion for 2022-23, up 26% on 2021-22. This impressive result comes as no surprise to the millions of Australian families who are struggling with higher mortgage rates and rising living costs. Westpac achieved this profit boost even though, for most of the year,…
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Europe faces challenges in space race as summit begins
News Technology
Europe faces challenges in space race as summit begins
Europe is hosting a two-day summit on space policy and competitiveness, with the aim of boosting its role in the emerging space economy. However, the continent faces several challenges, such as delays in its flagship rocket project, competition from the US and China, and uncertainty over its participation in future exploration missions. Ariane 6 rocket faces funding and technical issues One of the main topics on the agenda of the…
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UK car sales hit pre-pandemic levels as supply chain issues ease
Business News
UK car sales hit pre-pandemic levels as supply chain issues ease
The UK car market has shown signs of recovery in October, as new car registrations rose by 14.3% compared to the same month last year, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). Demand driven by fleet and business buyers The SMMT reported that there were 153,529 new car registrations in October, up from 134,282 in October 2020. This was also 7.2% above the…
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Harry Kane’s record-breaking spree leads Bayern to another win
News Sports
Harry Kane’s record-breaking spree leads Bayern to another win
Kane scores hat-trick against Dortmund Harry Kane continued his sensational scoring form for Bayern Munich as he netted a hat-trick in a 4-0 thrashing of Borussia Dortmund on Saturday. The England captain, who joined the Bundesliga champions from Tottenham Hotspur in the summer, has now scored 15 goals in 10 league games, breaking the record for the most goals in the first 10 games of a Bundesliga campaign. Kane also…
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Airwallex launches new product to help businesses earn returns on foreign currency
Finance News
Airwallex launches new product to help businesses earn returns on foreign currency
What is Yield and how does it work? Airwallex, a Melbourne-based fintech unicorn, has introduced a new product called Yield, which allows businesses to earn returns on their foreign currency balances without opening overseas bank accounts. Yield, which is backed by JP Morgan, offers competitive interest rates for Australian and US dollars, and promises to expand to other currencies and markets in 2024. Yield works by pooling the funds of…
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Nigerian Manufacturers’ Debt to Banks Surges to N6.98 Trillion in June 2023
Business News
Nigerian Manufacturers’ Debt to Banks Surges to N6.98 Trillion in June 2023
CBN Report Shows Increased Borrowing by Manufacturers The Central Bank of Nigeria (CBN) has released its Sectoral Analysis of Deposit Money Banks’ Credit report, which shows that the debt owed by manufacturers to banks in the country has risen from N5.56 trillion in January 2023 to N6.98 trillion by June 2023. This means that manufacturers borrowed an additional N1.42 trillion within the first half of the year, representing a 25.54%…
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