Day: October 26, 2018

China leads the way as world’s billionaires get richer

China produced two new billionaires a week last year as the fortunes of the world’s ultra-rich soared by a record amount, Swiss banking giant UBS and auditors PwC said Friday. Billionaires’ wealth enjoyed its greatest-ever increase in 2017, rising 19 percent to $8.9 trillion ($7.8 billion euros) shared […]

Google’s Sundar Pichai says 48 employees were fired for sexual harassment

Google Inc Chief Executive Sundar Pichai said on Thursday the company had fired 48 employees for sexual harassment over the past two years. Pichai sent an email to Google employees in response to a New York Times story that was published earlier in the day. The report said […]

Diamond merchant makes gift of 600 cars to staff with Modi’s help

NEW DELHI – Prime Minister Narendra Modi helped a diamond merchant hand over hundreds of cars as gifts to his employees on Thursday. Six hundred employees of Hari Krishna Exporters, a diamond trading company run by Savji Dholakia, received cars made by Maruti Suzuki, while around a thousand […]

India says China agrees to increase imports from country

NEW DELHI – India’s trade minister Suresh Prabhu said on Friday that China has agreed to increase its imports from the country. Prabhu said Chinese authorities will hold a meeting in November specifically with Indian exporters to address their concerns relating to market access and trade regulations. India’s […]

Doubling down: IndiGo airline to expand, defend turf despite loss

NEW DELHI – India’s largest domestic airline, IndiGo, will add 30 percent capacity this financial year to maintain dominance of the world’s fastest growing aviation market, although its parent company has just recorded its first quarterly loss since listing. The clear market leader with 189 planes and a […]

AP Photos: Editor selections from the past week in Asia

Anti-India protesters in Kashmir take cover behind a tin sheet during clashes with security forces following the killings of two rebels and a civilian. In other images from the Asia-Pacific region this week, members of a hard-line Hindu group attend a religious celebration in India. Rescuers work at […]

Indian authorities brace for worst air pollution season

NEW DELHI— With the air quality reduced to “very severe” in the Indian capital region, authorities are bracing for a major Hindu festival featuring massive fireworks that threatens to cloak New Delhi with more toxic smog and dust. The government’s Central Pollution Control Board on Friday said New […]

Delhi’s air quality deteriorates, slides towards ‘severe’

New Delhi, Oct 26: Air quality in the national capital deteriorated Friday, gradually inching towards the ‘severe’ category, as parts of the massive Bhalswa landfill site continued to smoulder. The Central Pollution Control Board (CPCB) recorded the overall Air Quality Index of Delhi at 358 this morning, which falls […]

SC asks CVC to complete probe against CBI chief within 2 weeks, Rao not to take major decisions

New Delhi, Oct 26: The Supreme Court Friday asked the Central Vigilance Commission to complete within two weeks its inquiry into allegations against CBI Director Alok Kumar Verma and barred interim director M Nageswara Rao from taking any major policy decision. The inquiry will be conducted under the supervision […]

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