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China's true military spending in 2022 was likely worth $711 billion, or 'nearly equal' to the US military budget that year: US think tank

That's compared to a US military budget of around $742 billion that year, which was spread out acro…

Matthew Loh   


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1 min read

Need to increase per capita income to make India 3rd largest economy: Bandhan Bank MD

Bandhan Bank managing director Chandra Shekhar Ghosh on Tuesday said there is a need to increase pe…

PTI   


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India needs more R&D spend for innovation but not from the government alone, says Economic Survey

Finance Minister Nirmala Sitharaman tabled the India Economic Survey 2020-21 in the Parliament toda…

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Bill to set up mega R&D funding agency introduced in Lok Sabha

A bill to set up a national agency to fund research across universities in the country was introdu…

PTI   


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India's military spending 3rd highest in the world, says report

India's military spending of $76.6 billion ranked third highest in the world followed by the US and…

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The White House has warned stocks will plunge 45% and a deep recession will strike in the 3rd quarter if the US defaults

About 8 million jobs could be lost if the US fails to raise its debt ceiling ahead of the upcoming …

Matthew Fox   


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UK retail sales rise at record pace in 3rd quarter, as Brits splash out on clothes, shoes and dining out

Sales of non-food are now above their pre-pandemic levels in February, except for fuel, as more Bri…

Amanda Cooper   


Hanna Kang   


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Democratic Rep. Andy Kim faces off against Republican Bob Healey in New Jersey's 3rd Congressional District election

Kim, the first Democratic congressman of Korean descent, is vying for his third term against Bob He…

Hanna Kang   


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Google parent Alphabet surges 8% after massive 3rd quarter earnings beat driven by recovery in advertising spend

The earnings beat was driven by a strong recovery in online advertising spend at Google's Search an…

Matthew Fox   


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4 mins read

What Biden's $2 trillion infrastructure plan means for you

If you're planning on driving or using the Internet any time in the next eight years, you could fee…

Juliana Kaplan,Ayelet Sheffey   


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4 mins read

As the 3rd-quarter reporting season begins, markets are bracing for signs of a recession that could send stocks into a deeper bear market

PepsiCo, Delta and top banks JPMorgan, Citigroup and Morgan Stanley report earnings this week. Mean…

Jason Ma   


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South Korea's POSCO and Adani will spend $5 billion to set up an integrated steel mill together

The non-binding MoU signed between POSCO and Adani intends to further collaborate at the group b…

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Global shares recover from US inflation shock; oil heads for 3rd weekly loss

Having absorbed the initial shock over US inflation running at 31-year highs, stocks traded cautiou…

Amanda Cooper   


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50% of Americans are using the the 3rd stimulus check to pay off debt, report finds

LendingTree found that of the Americans using stimulus checks to pay off debt, 56% are putting them…

Ayelet Sheffey   


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India’s defence budget lays out more money for local contracts, a new independent approval body and leaves a quarter for R&D

The Indian government and its push for self-reliance in defence isn’t taking a back seat this year.…

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4 mins read

Spending $2 trillion on new nuclear weapons is a risk to more than just your wallet

As the US, Russia, and China rush to modernize their nuclear arsenals, the world is witnessing a ne…

Bill Perry, Jerry Brown, and John Garamendi   


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The govt will provide Rs 900 crore for R&D Indian Covid vaccine

New Delhi, Nov 12 (IANS) The government will provide Rs 900 crore to the Department of Biotechnolog…

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Lawmakers go head to head in a congressional baseball game while possible government shutdown looms

Members of Congress - including Marjorie Taylor Greene and Jon Ossoff - took time off to play in th…

Taiyler Simone Mitchell   


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Economic Survey calls for higher public spending on healthcare to reduce out-of-pocket expenditure

According to the National Health Accounts, 2017, 66% of spending on healthcare is done by the …