Walmart buys 77% stake in Flipkart
Walmart Inc on Wednesday announced that it would pay $16 billion for an initial stake of approximately 77% in homegrown e-commerce company Flipkart. The deal values Flipkart at $20.8 billion, according to sources.
North Korea frees three U.S. detainees
North Korea has freed three American detainees and they are heading home with U.S. Secretary of State Mike Pompeo, U.S. President Donald Trump said on Wednesday.
Iran will quit nuclear deal if European signatories do not offer solid guarantees: Khamenei
Iran’s supreme leader Ayatollah Ali Khamenei on Wednesday that Tehran would quit the landmark 2015 nuclear deal unless European signatories offered solid guarantees that trade relations would continue even after the United States' withdrawal from the pact.
Modi accuses Congress of dividing people on language, caste lines
The Congress is dividing people on the basis of language, caste, and tradition, Prime Minister Narendra Modi said at a BJP poll rally at Chikkamagaluru in Karnataka on Wednesday.
Tremors felt in North India as quake hits Afghanistan-Tajikistan border
The tremors of an earthquake that hit the Afghanistan-Tajikistan border were felt in several north Indian States including Delhi, Punjab, Haryana, Rajasthan as well as Jammu and Kashmir.
Narendra Modi among top 10 most powerful people in the world: Forbes
Prime Minister Narendra Modi has been ranked among the top 10 most powerful people in the world by Forbes in a list that has been topped for the first time ever by Chinese President Xi Jinping, who dethroned Russian President Vladimir Putin as the most influential person on the planet.
SC pulls up ASI for failing to take steps to protect Taj Mahal
The Supreme Court on Wednesday came down heavily on the Archeological Survey of India (ASI) for its failure to take appropriate steps to protect and preserve the iconic Taj Mahal. The court also expressed concern over Taj Mahal being infected by insects, and asked the authorities, including the ASI, what steps they had taken to prevent this.
Donald Trump threatens to revoke media credentials over ‘negative’ coverage
U.S. President Donald Trump hinted on may 9 that he was ready to take his battles with the news media a step further by revoking journalists’ credentials. “The Fake News is working overtime. Just reported that, despite the tremendous success we are having with the economy & all things else, 91% of the Network News about me is negative (Fake),” Mr. Trump tweeted.
Rupee opens weak after U.S. withdraws from Iran nuclear deal
The rupee opened weak against the dollar on Wednesday after United States said it will withdraw from the nuclear deal with Iran which could have adverse consequences on oil prices. India which imports 80% of its crude oil requirements face the risk of worsening macroeconomic parameters if crude prices rise.
Google showcases AI advances at its big conference
Google put the spotlight on its artificial intelligence smarts at its annual developers conference Tuesday, announcing new consumer features aimed at simplifying your life.
