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A total of €328 billion was invested in R&D by the EU in 2021
In 2021, the EU spent €328 billion on research & development (R&D), an increase of 6% over the previous year (€310 billion). Data published by Eurostat,…
Global remittances to India are set to cross the record $100-billion mark in 2022
Indian migrants earning relatively high salaries in the United States, United Kingdom, and East Asia are expected to boost global remittances to India by 4…
Dailyhunt parent sacks 150 employees; makes pay cuts for staff drawing over-ten lakh INR
VerSe Innovation Pvt. Ltd, the parent company of news aggregator Dailyhunt and short-video platform Josh, announced a 5% layoff of its employees as part of its…
Reserve Bank of India to launch retail digital rupee pilot program on December 1
A pilot program for the retail digital rupee will be launched by the Reserve Bank of India on December 1, 2022. Eight banks have been identified for phase-wise…
European inflation is unlikely to have peaked – ECB President Lagarde
After reaching record levels, the head of the European Central Bank believes inflation has not peaked. ECB President Christine Lagarde also said the bank would…
634,000 Ford vehicles are being recalled worldwide because of fire risks
On Thursday, Ford Motor Co announced that it was recalling 634,000 sport utility vehicles (SUVs) worldwide over the possibility that their fuel injectors may be…
Tesla stock plummets, leaving Wall Street analysts in the dust
In the wake of Tesla Inc.'s rapid selloff, most Wall Street analysts' price targets have become obsolete. Tesla shares must rally 80% to reach the median…
Indian economy to grow by 6.1 to 6.3 percent in Q2 – RBI
Reserve Bank of India (RBI) said in its monthly bulletin that high frequency indicators and economic prediction models predict 6.1%-6.23% growth in the second…
Bangkok hosts Asia-Pacific leaders for a conference on trade and sustainability
There will be a Pacific-Rim summit taking place in the capital of Thailand this week that will focus on competition between great powers in Asia, inflation,…
Africa is primed to become a global leader in green hydrogen
In a landmark report released by Masdar and Abu Dhabi Sustainability Week (ADSW) on the sidelines of the UN Climate Change Conference (COP27) in 2022, the…