India may surpass Germany, Japan by 2029 to become world's 3rd largest economy: SBI report


India may surpass Germany, Japan by 2029 to become world's 3rd largest economy: SBI report

With India surpassing the United Kingdom (UK) to become the world's 5th largest economy, a report by the State Bank of India (SBI) has foreseen that the country will outstrip two other major economies by the end of this decade. The SBI's Economic Research Department predicted that India...

About 300 branches of PSU banks to be opened in these states by Dec 2022


About 300 branches of PSU banks to be opened in these states by Dec 2022

About 300 brick-and-mortar branches of public sector banks will be opened in the unbanked areas of various states by December 2022, according to sources as quoted by the news agency PTI. These new branches will cover all remaining villages with a population of more than 3,000 which do...

Flight tickets: No caps on domestic airfares from tomorrow. What it means for flyers


Flight tickets: No caps on domestic airfares from tomorrow. What it means for flyers

Are you planning to travel during the festive season? If yes, then this news is for you. From tomorrow, 31 August, the government will remove price caps on domestic airfares. This will give airlines flexibility on passenger fares. After a span of approximately 27 month, the limits imposed...

History's worst flood in Pakistan, one-third of the country submerged in water


History's worst flood in Pakistan, one-third of the country submerged in water

According to satellite images of the European Space Agency (ESA), Pakistan is facing the worst floods in history. As a result, one-third of Pakistan has been submerged. Now floodwaters threaten to spread disease, while food supplies are dwindling as the water destroyed millions of acres...

US unemployment rate rises to 3.7% in August, says govt


US unemployment rate rises to 3.7% in August, says govt

The United States unemployment rate rose to 3.7 per cent in August, after dipping percent in the prior month, said the Labour department on 2 September.  Following the announcement, the US dollar also fell.  As per the details, the US employers added 315,000 jobs in August,...

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