Over 4 kg drugs seized in Singapore
Singapore, July 18 (IANS) Singapore’s Central Narcotics Bureau (CNB) arrested a 25-year-old foreign suspect and seized 4.15 kg of “Ice” in a recent operation, according to a statement published on Thursday. Following an intelligence exchange with the Hong Kong Police Force, CNB officers arrested the suspect on Tuesday and found the drugs concealed within the […]
US should tackle ‘internal crisis’ of drug abuse: Mexico
Mexico City, July 18 (IANS) Mexican President Andres Manuel Lopez Obrador said that the United States should deal with its “internal crisis” of drug abuse, calling it the biggest US problem. At his daily press conference on Wednesday, Lopez Obrador underscored the fact that tens of thousands of young people die from drug overdose each […]
Palestine rejects proposal to reopen Rafah crossing without Israeli withdrawal
Ramallah, July 18 (IANS) Palestine has rejected an Israeli-US proposal to temporarily reopen the Rafah border crossing, calling instead for an Israeli withdrawal and the establishment of Palestinian sovereignty, said an official source. A meeting was held last week involving representatives from Palestine, the United States, and Israel to explore the possibility of operating the […]
UN condemns killing of 468 civilians by militias in South Sudan
Juba, July 18 (IANS) The United Nations Mission in South Sudan (UNMISS) expressed concern about widespread attacks against civilians, driven primarily by sub-national armed violence involving community-based militia groups in the country. The UN mission said that between January and March 2024, it documented 240 incidents of violence affecting 913 civilians across the country. Out […]
JD Vance notes ‘incredible people’ of South Asia in acceptance speech
Washington, July 18 (IANS) J. D. Vance accepted the Republican party nomination for vice-president with a well-received speech that among other things noted the “incredible people” immigrants from South Asia, including his wife Usha Vance’s family from India. “I am, of course, married to the daughter of South Asian immigrants to this country, incredible people…, […]
Sensex trades lower amid profit booking in smallcap and midcap stocks
Mumbai, July 18 (IANS) Indian equity indices opened in the red on Thursday following profit-booking midcap and smallcap stocks. At 9:46 a.m., Sensex was down 102 points or 0.13 per cent, at 80,608 and Nifty was at 24,588, down 17 points or 0.07 per cent. Selling is being seen in the midcap and smallcap. Nifty […]
LG targets over $725 million in sales from smart factory solutions by 2030
Seoul, July 18 (IANS) LG Electronics said on Thursday it aims to achieve over 1 trillion won ($725.2 million) in sales from its smart factory solution business by 2030, leveraging its artificial intelligence technologies and manufacturing expertise. This year, the South Korean home appliance giant entered the smart factory solution market, offering technologies and services […]
Samsung acquires British knowledge graph tech startup for AI
Seoul, July 18 (IANS) Samsung said on Thursday it has acquired the British artificial intelligence (AI) and knowledge graph tech startup Oxford Semantic Technologies in a bid to strengthen its in-device AI capabilities. The South Korean tech giant did not disclose financial terms of the deal, reports Yonhap news agency. Established in 2017 by Oxford […]
LTIMindtree’s net profit drops 1.5 pc to Rs 1,135 crore, revenue up 5 pc
Mumbai, July 17 (IANS) Global technology consulting and digital solutions company LTIMindtree on Wednesday reported consolidated net profit at Rs 1,135 crore for the April-June quarter, a 1.5 per cent decrease from Rs 1,152 crore in the year-ago period. The net profit, however, rose 3 per cent on a sequential basis. The company’s revenue went […]
GDP to grow at 7 pc for FY25, budget to focus on taxation reforms, new jobs: FICCI report
New Delhi, July 18 (IANS) Leading industry chamber FICCI on Thursday projected an annual median GDP growth forecast for the year 2024-25 at 7 per cent, adding that Union Budget 2024-25 should focus on taxation reforms, employment generation, innovation and sustainable development. According to the FICCI’s ‘Economic Outlook Survey’ results, median GDP growth is estimated […]
