Tamil Nadu’s farmers are the most distress-ridden in India
Uttar Pradesh chief minister Yogi Adityanath’s announcement of farm loan waiver has given credence to similar demands from across the country. Those making these demands include political parties, protesting farmers and even the judiciary. An earlier Plainfacts column had pointed out how farm loan waivers can be counter-productive in the long run, a fact which […]
TCS misses both revenue and profit estimates in March quarter
Tata Consultancy Services Ltd (TCS) missed analysts’ estimates for both revenue and profit in the fourth fiscal quarter, even as India’s largest software services firm’s full-year sales rose 6.2% to $17.58 billion. The company reported revenue of $4.45 billion in the three months ended 31 March, a 1.5% increase from the preceding quarter and 5.8% […]
India climbs to 8th spot on FDI confidence index
India has climbed one spot to the eighth rank in the 2017 A.T. Kearney Foreign Direct Investment (FDI) Confidence Index as investors turned bullish on the Asia-Pacific. The index, released on Tuesday, shows that investor confidence in India has been growing steadily over the last two years, making it one of the top two emerging […]
Indian national on FBI’s top ten fugitives’ list
WASHINGTON: A 26-year-old Indian national wanted for the 2015 murder of his wife in Maryland is the newest addition to the FBI’s ten most wanted Fugitives’ list, and a reward of up to $100,000 is being offered for information leading to his capture, the Bureau and local police announced on Tuesday. Bhadreshkumar Chetanbhai Patel, a […]
Sikh cabbie assaulted, turban snatched by passengers in US
NEW YORK: A 25-year-old Sikhcab driver in the US was assaulted and his turban knocked-off by drunk passengers, an incident the police was investigating as a possible hate crime. The incident took place here early on Sunday morning and has left Harkirat Singh, an immigrant from Punjab who moved to the US three years ago, […]
Consumption in India to nearly triple to $4 trillion by 2025: BCG
India is set to become the third largest consumer economy by 2025, trailing only the US and China, fuelled by an increase in consumption levels, changes in consumer behaviour and spending patterns, according to a report released by consulting firm The Boston Consulting Group. Consumption across the country is expected to almost triple over the […]
Mumbai-Ahmedabad bullet train project clears major land hurdle
The railways have crossed a major hurdle in rolling out the ambitious Mumbai-Ahmedabad bullet train project as the Maharashtra government has agreed to give land at the Bandra-Kurla complex (BKC). The starting point of the Mumbai-Ahmedabad high speed corridor at BKC was a bone of contention between the railways and the Mumbai Metropolitan Region Development […]
Infosys to ramp up local hiring in US amid H-1B visa concerns
Information Technology major Infosys plans to focus more on local hiring in the US and is also looking at setting up development and training centres in the country as part of its efforts to tide over visa-related issues. Infosys has been in favour of a healthy mix of local and global personnel even though hiring […]
Indian-origin thoracic surgeon performs path-breaking surgery, saves a woman’s life
Dr Shafique Keshavjee, a thoracic surgeon of Indian origin who has years of experience at the forefront of innovative research into lung transplantation, saved a young mother’s life with what is believed to be the world’s first radical procedure. Melissa Benoit, 32, was born with cystic fibrosis and had developed a rampaging lung infection that […]
Indian doctor charged with genital mutilation on girls in US
NEW YORK: A 44-year-old Indian-origin woman doctor has been arrested and charged with performing genital mutilation on girls aged six to eight, believed to be the first such in the US. Jumana Nagarwala has been charged with performing FGM on minor girls out of a medical office in Livonia, Michigan. Click here to read more… […]

