India seeks to block Chinese firms from sub-Rs 12,000 phone market: Report

India seeks to restrict Chinese smartphone makers from selling devices cheaper than Rs 12,000 ($150) to kickstart its faltering domestic industry, dealing a blow to brands including Xiaomi Corp. The move is aimed at pushing Chinese giants out of the lower segment of the world’s second-biggest mobile market, according … Read more

Recession concerns abound despite strong jobs report

Feverpitched The jobs report on Friday blew it out of the water, with nonfarm-payrolls expanding by 528,000 in July, more than double expectations of a 250,000 increase. The unemployment rate fell to a further 3.5%, marking its lowest level since 1969, while average hourly earnings grew at 5.2% Y/Y. That data doesn’t look too consistent … Read more

85% of Indian children cyberbullied, highest globally: McAfee report

Leading amongst all other nations, 85 per cent of Indian children reported being cyberbullied as well as having cyberbullied someone else at rates well over twice the international average. According to McAfee’s 2022 Cyberbullying in Plain Sight Report, Indian children said that they’ve cyberbullied someone else at rates well over twice the international average. … Read more

India’s outbound tourism to surpass $42 billion by 2024, says report

Outbound trips from India will surpass USD 42 billion by 2024 and the government could bring about certain policy changes to boost this growing market, a report said. The report’ titled ‘Outbound Travel and Tourism – An Opportunity Untapped’ by Nangia Andersen LLP in association with FICCI, highlights the up-and-coming Indian travel … Read more

Bond markets complicate Fed moves after blowout jobs report

Bond yields ripped higher after new employment data showed the U.S. economy adding a breakneck 528,000 jobs in the month of July. Emily Roland, co-chief investment strategist at John Hancock Investment Management, told Yahoo Finance the strong July jobs report shows that the economy is “not there yet” when it comes to recession. Michael Pearce, … Read more

Rajasthan most affected with lumpy skin disease, 11 districts report surge

Out of five states affected by lumpy skin disease, Rajasthan is the most affected with 11 districts reporting a surge in such cases, Union Animal Husbandry Minister Purushottam Rupala said on Saturday. He also cautioned against drinking milk of the affected cows and said such animals should be isolated. Rupala was … Read more

Delhi L-G okays 11 officials suspension for lapses in excise policy: Report

Lieutenant Governor V K Saxena has approved the suspension of 11 officials over “serious lapses” in the implementation of the Excise Policy 2021-22, sources said on Saturday. The suspended officials include then Delhi excise commissioner Arava Gopi Krishna and deputy excise commissioner Anand Kumar Tiwari, they said. Krishna, a 2012 batch … Read more

Indian Army plans to use 5G to boost frontline troops communication: Report

The Indian Army is planning to use 5G services to boost frontline troops communication services that will be essential in a tactical battlefield area, sources in the defence establishment said on Saturday. The Army was the lead service when a joint services study was recently conducted on implementation of 5G in armed … Read more

Omicron, sub-lineages circulating predominantly in India: Report

  New Delhi [India], August 6 (ANI): The Indian SARS-CoV-2 Genomics Consortium (INSACOG), in a weekly meeting, reviewed the data of genomic surveillance of variants and found that at present, Omicron and its sub-lineages are the predominant mutataions that are circulating in India. “Presently, only Omicron and its sub-lineages are the … Read more

Covid like at-home test kit unlikely to be effective for monkeypox : Report

While rapid at-home test kits became an instant success during the Covid-19 pandemic, a similar attempt for monkeypox seems unlikely, media reports said. The recent global monkeypox outbreak brings a sense of deja vu with the Covid pandemic, which included painful swabs, the struggle to find a test, and a long wait … Read more