Passenger Vehicles: Sharp correction in December dispatches for Passenger Vehicles in India indicates market slowdown

Passenger vehicle (PV) makers are estimated to have taken a sharp correction in dispatches to dealers in December, indicating that sales in Asia’s third largest auto market are beginning to lose steam. Easing of demand post festivals that had pushed up inventory coupled with last year’s high base impact nudged automakers to cut dispatches. December … Read more

300 Indians stuck in French airport for fourth day amid trafficking probe | News

Ten of the passengers apply for French asylum, as judges probe whether a criminal group is linked to trafficking. Hundreds of Indian nationals sequestered in a French airport are being questioned by authorities over concerns they could be victims of human trafficking. Four French judges are rushing to speak to the group of over 300 … Read more

India: India extended 308 Lines of Credit aggregating more than USD 32.02 billion to partner countries

The external affairs ministry announced that, as part of its development assistance programme, India has extended 308 lines of credit aggregating to $32.02 billion to partner countries over the years. Of this, about $17.06 billion has been extended to Asia, $12.15 billion to Africa and $2.81 billion to others, it said. Around 600 projects have … Read more

Seven out of top 10 Asian small-cap funds are Indian

Indian funds have grabbed seven out of the top 10 spots in the league table of leading small-cap funds across Asia, thanks to some canny stock-picking amid growing investor appetite for cheap stocks with potential to deliver multi-bagger returns. An analysis of nearly 300 Asian small-cap schemes shows DSP BlackRock Micro Cap Fund leading the … Read more

What explains the dramatic rise in armed attacks in Pakistan? | Armed Groups News

Islamabad, Pakistan – A recent deadly suicide attack on a military post in northwest Pakistan has raised fears of the return of armed rebellion in the country’s tribal regions that have seen a dramatic rise in armed attacks this year. A little-known group, Tehreek-e-Jihad Pakistan (TJP), claimed the December 12 bombing in Dera Ismail Khan … Read more

India’s Manisha Kalyan: From a village in Punjab to European football | Football

Mumbai, India – In the quiet embrace of a small Indian village, where dreams are often whispered against the backdrop of simplicity, emerged a football prodigy destined for greatness. Meet Manisha Kalyan, the young Indian football sensation whose long journey from the narrow lanes of Muggowal in Punjab to the illustrious stage of the UEFA … Read more

Japan bullet train operator JR Central turns to on-board tech to ramp up safety checks

Japan’s shinkansen bullet trains are renowned for their safety, but Central Japan Railway is looking to improve that record by making more frequent checks at a lower cost through special inspection equipment it has installed on in-service trains. While the most famous name in Japanese bullet train safety is “Dr Yellow” – a yellow high-speed … Read more

Smell that: The rise of India’s ittar industry | Business and Economy

Kannauj, India — Gopal Kumar pulled apart the bulb of a flower and pointed to where the roots of the petals had turned a little black inside. This is when the marigolds smell the best and are ready for picking, he said. He picked a pink rose next and sniffed. “You can only find this smell … Read more

Pakistan uses artificial rain for the first time to fight pollution | Environment News

Cloud seeding was used to counter the hazardous smog in the megacity of Lahore, one of the world’s most polluted cities. Artificial rain has been used for the first time in Pakistan in a bid to combat hazardous levels of pollution in the megacity of Lahore, says the provincial government. Planes equipped with cloud-seeding equipment … Read more

South Korea scrambles jets as China and Russia fly warplanes into its air defense zone

Seoul — South Korea’s military said Thursday it scrambled fighter jets as two Chinese and four Russian military planes entered its air defense zone, an area wider than the country’s airspace. The Chinese and Russian planes entered and exited the Korea Air Defense Identification Zone (KADIZ) in the East Sea, also known as the Sea … Read more