Monthly Archives June 2016

Swiss National Bank

Zurich, June 30 (News India)- Money held by Indians in Swiss banks has fallen by nearly one-third to a record low of 1.2 billion franc (about Rs 8,392 crore) amid a continuing global clampdown on the famed secrecy wall of Switzerland’s banking system. The funds held by Indians with banks in Switzerland fell by CHF […]

World Bank Group president Jim Yong Kim

New Delhi, June 30 (News India)- The World Bank on Thursday announced funding support of $1 billion for expansion of solar power capacity in India. It also signed an agreement with the International Solar Alliance (ISA), consisting of 121 countries led by India, to collaborate on increasing solar energy use across the world, with a […]

India test-fires surface-to-air missile

Balasore (Odisha), June 30 (News India)- India on Thursday successfully test-fired a new surface-to-air missile, developed jointly with Israel, from a defence base off Odisha coast. The medium-range missile (MR-SAM), a product of joint venture between India and Israel, was successfully test-launched from a mobile launcher in the Integrated Test Range (ITR) at Chandipur at […]

Indian-origin Google CEO Sunder Pichai

Washington, June 29 (News India)- Indian-origin Google CEO Sunder Pichai and three other Indian-Americans are among the 42 US nationals honoured with this year’s prestigious “Great Immigrants: The Pride of America” award. The other three Indian-Americans are Hari Sreenivasan, anchor and senior correspondent, PBS NewsHour, Vikram Malhotra Chairman of the Americas, McKinsey & Company and […]

John Kerry

Washington, June 29 (News India)- US Secretary of State John Kerry has said that Britain’s vote to leave the European Union might never be implemented and that London is in no hurry to go. Speaking one day after talks with Prime Minister David Cameron, Kerry said the outgoing British leader feels “powerless” to negotiate a […]