BEIJING (TIP): A property downturn, slowing economy and war in Ukraine loom large over this week’s annual convening of China’s legislature, with policymakers expected to focus on shoring up faltering growth. The rubber-stamp parliament starting March 4 in Beijing gathers some 3,000 members of the National People’s Congress (NPC) for highly choreographed meetings over bills, … China’s Congress to focus on boosting slowing economy
Moscow (TIP): Companies and investors across the world faced Russian dilemmas on March 4 as they weighed up an offer from Moscow to fast-track their exits from the country and allow them to hand over holdings to local managers until they return. The options offered by First Deputy Prime Minister Andrei Belousov came one week … Russia’s offer to foreign firms: stay, leave or hand over the keys
Kyiv (TIP): Russian troops are shelling Europe’s largest nuclear power station in Ukraine. “We demand that they stop the heavy weapons fire,” AndriyTuz, spokesperson for the plant in Enerhodar, said in a video posted on Telegram. “There is a real threat of nuclear danger in the biggest atomic energy station in Europe.” The plant accounts … Ukraine claims 3 soliders killed, 2 wounded in Russian attack on nuclear plant
NEW YORK (TIP): Nearly 4,000 luxury cars like Porsches, Lamborghinis, Bentleys and Volkswagen — along with several high-end electric vehicles — have sunk aboard a cargo ship in the Atlantic that caught fire last month.Felicity Ace ship was carrying both electric and non-electric vehicles, and a fire broke out on the ship as it was … 4,000 luxury cars like Lamborghinis, Bentleys sink in the Atlantic Ocean as the cargo ship catches fire
Russia (TIP): The Swedish Armed Forces said that four Russian fighter aircraft have violated the country’s airspace. In a statement, the Forces said that it conducted an operation with JAS 39 Gripen aircraft of the rapid readiness unit, which documented and photographed the incident. “This demonstrates that our readiness is good. We were on site … 4 Russian fighter jets violate Swedish airspace
Kaduna (TIP): At least 200 gunmen were killed in the past three days in Nigeria’s central-northern state of Niger during a security operation to clear armed gangs from the area, a state commissioner said on March 3. Gunmen have terrorised citizens in the north and northwest of the country and have gained notoriety for kidnapping … More than 200 gunmen killed in Nigeria security operation
Sydney (TIP): Sydney was preparing on March 2 for dangerous flash flooding as population centers farther north began a massive cleanup operation after record floods that have claimed at least 14 lives along Australia’s east coast in recent days. The torrential rain — as much as 20 centimeters (8 inches) — is forecast for Australia’s … Sydney braces for flash floods as rain disaster moves south
MOSCOW (TIP): Independent US Senator Bernie Sanders recently called out the US for being “hypocritical” in not accepting Russia’s argument of “spheres of influence.” For the last 200 years, recalled Sanders in the US Senate, America had operated under the Monroe Doctrine which gave it the right to intervene against any country that might threaten … US stance on Russia’s security interests hypocritical: Bernie Sanders
Kiev (TIP): Ukrainian Foreign Minister DmytroKuleba on Friday warned against Russian troops firing at the Zaporizhzhia nuclear power plant, which is the largest in Europe, saying that if it blows up then the disaster would be “10 times larger” than Chernobyl. In a tweet early March 4 morning, the Minister said: “Russian army is firing … ‘Will be 10 times larger than Chernobyl’, Ukraine warns Russia on nuclear-plant attack
Islamabad (TIP): Pakistan is likely to remain on the grey list of global money laundering and terrorist financing watchdog FATF until June for failing to meet some of the targets under the additional criteria, according to a media report on March 4. Pakistan has been on the grey list of the Paris-based Financial Action Task … Pakistan likely to remain on FATF’s grey list for four more months: Report
New delhi (TIP)-As the equity markets bounced back on Thursday, March 3, after a steep decline in the previous session, investors’ wealth grew by Rs 1,99,397.83 crore in early trade. The BSE benchmark Sensex jumped 527.72 points to 55,996.62, tracking positive trends in Asian markets. Sentiments also improved after stock exchanges in the US closed … Investors’ wealth climb Rs 1.99 lakh crore as stocks bounce back
New Delhi (TIP)-Although several countries have banned cryptocurrency, the decentralised money has become a mainstream component of the global financial system. This means that it will inevitably become a part of international conflict, for better or worse and as Russian armies enter Ukraine, this is on full show.As the war with Russia rages on, Ukrainian … Crypto gains currency as Russia-Ukraine conflict escalates
New Delhi (TIP)-Payment startup BharatPe has stripped its co-founder Ashneer Grover of all positions for his alleged “misdeeds” and may take further legal actions, including clawing back of some of his shareholding. BharatPe said Grover quit after receiving the agenda for an upcoming Board meeting that included submission of an independent audit regarding his conduct. … Ashneer Grover is ‘no longer a founder’ of BharatPe; company can take legal action for ‘spinning lies’
London (TIP)-Oil prices surged on Wednesday, March 2, as supply disruption fears mounted following hefty sanctions on Russian banks amid the intensifying Ukraine conflict, while traders scrambled to seek alternative oil sources in an already tight market. Brent crude futures rose by more than $8, touching a peak of $113.02 a barrel, the highest since … Oil surges to $111/barrel as Russian supply woes rise
New Delhi (TIP)-Even as the finance ministry is keeping an eye on global market conditions and whether they warrant deferring the initial share sale of the state-run Life Insurance Corporation (LIC), it is firming up a long-term, five-year plan to divest up to 25% of its equity in the firm, two officials familiar with the … Govt may offload up to 25% of its share in LIC in next 5 years
NEW YORK (TIP): Dr. Martin Luther King Visionary Awards were presented on February 27 at a Human Rights Commission Gala honoring the Life and Legacy of Dr. Martin Luther King Jr. & Black History Month. A number of New Yorkers were presented the awards for their services to community. 12 persons received Lifetime Achievement award … Dr. Martin Luther King Visionary Awards presented
NEW YORK (TIP): The Indian Diaspora Council International (IDC) joins in solidarity with others globally in its unequivocal condemnation of the unprovoked Russian invasion and attack of Ukraine, a sovereign country, resulting in unwarranted deaths, destruction and displacement of countless innocent citizens fleeing from their homes. IDC considers the invasion and attack by Russia to … INDIAN DIASPORA COUNCIL CONDEMNS THE RUSSIAN ATTACKS ON UKRAINE
UNITED NATIONS (TIP): The United Nations observance of International Women’s Day will be held virtually on 8 March, from 10 to 11.30 A.M. The theme for this year’s observance is “Gender equality today for a sustainable tomorrow”. The year 2022 is pivotal for achieving gender equality in the context of climate change, and environmental and … United Nations observance of International Women’s Day 2022
The breach impacted more than 53 million customers, including more than 4 million New Yorkers. NEW YORK (TIP): In an “urgent message,” New York Attorney General Letitia James confirmed that stolen sensitive customer information was put for sale on the dark web. James is advising all New Yorkers who believe they were impacted by the … T-Mobile Data Breach Sparks Alert From New York AG James
NEW YORK (TIP): GOPIO officials along with other Indian community organizations were invited to New York city Hall on March 1st to discuss issues of the Indian community and perspectives on how the community can be involved in the city. It all started with GOPIO’s condemnation of the defacing of Mahatma Gandhi statue at the … GOPIO led community delegation meets Mayor Eric Adams and his top officials
WASHINGTON , D.C. (TIP): Only a little more than a week ago, President Joe Biden’s first State of the Union address was focused largely inward, looking at the economic and public health woes besetting the U.S. But Russia’s invasion of Ukraine and the war that has ensued changed all that, says an AP Report. The … Key takeaways from Biden’s 2022 State of the Union speech
UNITED NATIONS (TIP): The United Nations and humanitarian partners, on March 1, launched coordinated emergency appeals for a combined US$1.7 billion to urgently deliver humanitarian support to people in Ukraine and refugees in neighboring countries. The escalation of conflict has triggered an immediate and steep rise in humanitarian needs as essential supplies and services are … UN seeks US$1.7 billion as humanitarian needs soar in Ukraine and neighboring countries
The military attack in Ukraine is undermining access to rights for all, and UN Women is deeply concerned about the rapidly mounting humanitarian crisis inside Ukraine and in the neighboring countries. We know that women and girls will be impacted differently and disproportionally, and we will seek to ensure that their specific needs are adequately … What does the military offensive in Ukraine mean for women and girls?
India’s response to Russian invasion of Ukraine has surprise and shocked democracies and Indians living in democratic countries of the world. India’s abstention from UNSC and UNGA resolutions to condemn Russia for its invasion of Ukraine is being interpreted as legitimizing Russian rape of democratic Ukraine. The Hindu scriptures say that the person who does … India’s Response to Russian Invasion of Ukraine legitimizes rape of a democracy
Negotiators also discussed maintaining a temporary ceasefire in areas where the humanitarian corridors will be located. BREST, BELARUS (TIP): Russia and Ukraine have agreed on the need for humanitarian corridors to deliver aid and help civilians exit besieged Ukrainian cities, in the first apparent sign of progress in talks between the warring sides, according to … Russia, Ukraine agree on setting up evacuation corridors
NEW YORK (TIP): Australia’s legendary leg-spinner Shane Warne passed away in the early hours of Saturday in Koh Samui, Thailand, according to Fox News. He was 52. The report said, “Shane was found unresponsive in his villa and despite the best efforts of medical staff, he could not be revived.” “The family requests privacy at … Australian cricket legend Shane Warne passes away at 52
The resolution was adopted with 32 votes in favor, two against (Russia and Eritrea) and 13 abstentions, including India, China, Pakistan, Sudan and Venezuela GENEVA/ UNITED NATIONS (TIP): India on Friday, March 4, abstained in the UN Human Rights Council on a vote to urgently establish an independent international commission of inquiry to investigate alleged … India abstains on UNHRC resolution to investigate human rights violations, crimes in Russia-Ukraine war
WASHINGTON, D.C. (TIP): Prominent Indian-American Congressman Ro Khanna has expressed disappointment over India’s decision to abstain from the UN Security Council resolution on Russia’s aggression against Ukraine, saying it is the US and not Russia that will stand with New Delhi against China’s current expansionist plans. India, China and the United Arab Emirates on Friday, … Indian American Congressman Ro Khanna expresses disappointment over India abstaining UNSC resolution on Russia
WASHINGTON, D.C. (TIP): Seeking to comprehensively overhaul the H-1B and L-1 visa programs, a bipartisan group of influential senators have introduced a legislation in the US Senate, which they argued will protect American workers and crack down on foreign outsourcing companies that exploit these popular visa programs to deprive qualified Americans of high-skilled jobs. The … Legislation introduced in US Senate to reform and stop abuse of H-1B visa system