On Tuesday, President Joe Biden will award the Medal of Honor to four U.S. Army Soldiers who fought in the Vietnam War. First Lady Jill Biden will attend the ceremony, to be held at the White House at 11:15 AM. The nation’s highest military award for bravery, the Medal of Honor is awarded by the President in the name of […]

The Centre should privatise all public sector banks (PSBs), except the State Bank of India (SBI). This is because private banks have emerged as a credible alternative to PSBs with substantial market share. Also, government ownership hinders the ability of the Reserve Bank of India (RBI) to regulate the sector, according to a report by the National Council of Applied […]

India’s politicians need to do a better job of managing the economy: Inflation control, productivity improvement, etc, asserts T N Ninan. When P Chidambaram was finance minister, among the things that used to provoke the famously thin-skinned politician were newspaper headlines that said ‘Rupee falls to a new low’. Or to a ‘record low’. While he saw a falling currency […]

(CNN)In February 1964, an English boy band called the Beatles made its US television debut. Beatlemania, the intense fan frenzy directed towards the fab foursome, was gripping America and the group’s performance at the Ed Sullivan Theater was punctuated by fervent screaming from the studio audience. In May 2019, over 55 years later, another band of foreigners played the same […]

EXCLUSIVE: Google’s dogfight with TikTok for dominance in the shortform video space has a new combat zone – the courts. The UK’s Intellectual Property Enterprise Court, to be precise, and a potential David in Shorts International Ltd trying to tackle the tech goliath. In what could shape up to be a long-term dust-up, the London-based ShortsTV parent company filed a […]

Veteran PR executive Brad Turell has joined APA as Chief Communications Officer. Turell, who had been in talks with APA CEO Jim Gosnell and President Jim Osborne for several weeks, comes from ICM Partners where he was head of Corporate Communications department from 2017 until the agency’s acquisition by CAA was completed June 28. Turell, who starts July 18 and […]

Asian stock markets are trading mixed on Tuesday, following the positive cues from European markets overnight, as investors remained cautious amid persisting worries about inflation, slowing growth and rising interest rates by major central banks pushing towards a potential recession. Signs of new waves of COVID-19 infections in China also hurt market sentiment. The Asian markets closed mixed on Monday. […]

Paramount Global (NASDAQ: PARA) revenue did not move last quarter. Its stock trades near its 52-week low, and its streaming subscriber base is among the lowest in the industry. The company barely continues to be in the top tier of America’s media elite. In the most recently reported quarter, Paramount had revenue of $7.3 billion, down by 1%. Earnings dropped […]

The creation of formal jobs for those in the 18-21 age group in India has declined steadily, sharply eroding this cohort’s share of the net new Employees’ Provident Fund (EPF) accounts opened over the last four years. It is a trend that economists and researchers say might continue. The data shows the share of this age group in the net […]