Growth in India is expected to slow to 6.3 per cent in FY 2023/24 (April-March), a 0.3 percentage point downward revision from January, the World Bank said Tuesday but noted there is an unexpected resilience in private consumption and investment and robust growth in the services. The World Bank made these points in its latest edition of Global Economic Prospects […]

One drizzly Saturday in May last year, a slender man in a blue raincoat approached a house in the Boston suburb of Melrose. It was just before 6 a.m., and no one was around. The man took out a can of red spray paint and scrawled “JUST THE BEGINNING!” on the side of the white house. Then he hurled a […]

Logistics services provider Delhivery posted a mixed set of results during the March quarter of the previous financial year (Q4 of FY23). While its operating profit was marginally in the green, its net losses widened as compared to the year-ago quarter. Overall revenues, which were in line with estimates, fell 10 per cent year-on-year (YoY). They were dragged down by […]

Logistics services provider Delhivery posted a mixed set of results during the March quarter of the previous financial year (Q4 of FY23). While its operating profit was marginally in the green, its net losses widened as compared to the year-ago quarter. Overall revenues, which were in line with estimates, fell 10 per cent year-on-year (YoY). They were dragged down by […]

ABC News unveiled its lineup of embed reporters and producers covering the 2024 presidential campaign, while the news division also announced leadership promotions in three bureaus. Bonnie Mclean has been named director, Los Angeles bureau chief; Dimitrije Stejic will be director, London bureau and Andrea Owen will be executive director, deputy Washington, D.C. bureau chief. The class of embeds includes […]

EXCLUSIVE: Rising comedian, actor and TikTok sensation Matt Rife is set to launch his first world tour. Rife’s ProbleMATTic World Tour, produced by Live Nation, will hit cities across North America, Australia and Europe throughout 2023 and 2024. The tour, with more than 100 dates, kicks off on Thursday, July 20 in Bend, OR at Hayden Homes Amphitheater with stops […]

A year ago, Ford’s CEO, Jim Farley, acknowledged that the company’s quality fell below industry standards. Farley and his management team estimated that it would take two or three years to regain competitiveness in this area. Since then, Ford has experienced issues such as engine fires in its F-150 Lightning and several recalls, including one affecting 231,942 vehicles due to […]

Harvey Pitt, a legal wunderkind who lasted just 18 months as chairman of the Securities and Exchange Commission under President George W. Bush, died on Tuesday in Washington. He was 78. His death, in a hospital, came after a sudden illness, according to his family, which did not specify the ailment. Mr. Pitt’s career had three consecutive legs, any one […]

Fat Ham, James Ijames’ Pulitzer Prize-winning comedy nominated for five Tony Awards, will add one week of performances to its Broadway run, producers announced today. The production, directed by Saheem Ali, will now run through Sunday, July 2 at Broadway’s American Airlines Theatre. Tickets for the extension week go on sale Monday. The production’s Tony nominations include Best Play, Best […]

The Biden Administration and House Republicans recently reached a bi-partisan deal to raise the debt ceiling. To reach the compromise, and keep the United States from a catastrophic debt default, the White House agreed to a series of spending cuts to social safety net programs, including the Supplemental Nutrition Assistance Program, or food stamps. (Here is a look at the […]