World

7.0 magnitude quake hits Indonesia

Jakarta: An earthquake with a magnitude of 7.0 jolted 96 km north of Tuban, Indonesia at on Friday, the US Geological Survey said. The epicenter of the quake that hit the region…
Russia’s oil exports hit 3-year-high in March, revenues up USD 1 bn: IEA

Moscow: The International Energy Agency (IEA) on Friday said Russia’s oil exports reached the highest level since April 2020 in physical terms in March 2023 due to an increase in supplies of…

Highest sovereign defaults in 2022, two in 2023: Moody’s

Chennai: Global credit rating agency Moody’s Investors Service on Friday said that 2022 saw a spike in the annual sovereign bond defaults with seven countries defaulting on repayments. In 2023, there were…
Pakistan’s parliament, SC on collision course

Islamabad: Pakistan’s parliament and judiciary have arrived at a standoff as the ruling alliance rejected the eight-member bench constituted to hear the petitions challenging the Supreme Court (Practice and Procedure) Bill 2023,…
Rishi Sunak’s wife set to earn huge dividend income from Infosys

Rishi Sunak’s wife, Akshata Murty, is set to earn a huge dividend income from Infosys, India’s second-largest IT firm. Murty, who is the daughter of Infosys co-founder Narayana Murthy, held 3.89 crore…
IMF stands its ground, refuses to show any flexibility towards Pakistan

Islamabad: The International Monetary Fund (IMF), Pakistan’s only hope for a bailout from its crippling economic conditions and looming threats of a meltdown, does not seem to be ready to show any…
G20 consensus that regulations on crypto assets has to be global: FM Sitharaman

Washington: Members of the G20 agree that a globally coordinated understanding would be required not only to deal with the challenges posed by crypto assets but also to regulate them, Union Finance…

EAM Jaishankar takes ride in ‘Made in India’ train in Maputo

Maputo: External Affairs Minister S Jaishankar on Thursday took a ride in a Made in India’ train during his visit to the capital of Mozambique and discussed with the Mozambican Transport minister…
Amid cross-border tension, acting Afghan FM to visit Pakistan

Islamabad: Tension is growing between Pakistan and the interim Afghanistan government with Islamabad pointing fingers at Kabul for being the facilitator and supporter of militants from the Tehreek-e-Taliban Pakistan (TTP), whose continued…
In a first, British govt issues guidance on Eid Al-Fitr 2023 marking

For the first time in its history, the British government has issued guidance for the sighting of the moon for the marking of Eid Al-Fitr, and has concluded that it cannot be…
Amid layoffs, tech firms continue to exploit H-1B visa programme: Study

New York: Amid massive ongoing layoffs in the tech sector, the top 30 H-1B visa employers hired 34,000 new workers in 2022 and laid off at least 85,000 workers in 2022 and…
Pak court grants Imran Khan interim bail till May 4 in three cases

Lahore: An anti-terrorism court in Pakistan on Thursday extended interim bail to Imran Khan till May 4 in three cases related to the clashes between his supporters and the police during an…
Oxford University, SII tie-up delivers ‘high efficacy’ malaria vaccine

London: A University of Oxford developed and Serum Institute of India (SII) manufactured and scaled up “high efficacy” malaria vaccine has been licensed for use in Ghana by Africa’s Food and Drugs…
Sweden shuts down embassy in Pakistan for security reasons

Islamabad: Sweden has announced closing its embassy in Pakistan “indefinitely” due to the prevailing “security situation” in the crisis-hit country’s capital. The embassy did not elaborate on the nature of the threat,…
Inflation forces Greeks to cut back on coffee

Athens: Meeting over a cup of coffee has long been an integral part of Greek culture. However, the inflationary pressure of the past year has forced 54 per cent of people to…