Global container shortage poses fresh export hurdle for India

Aglobal shortage in shipping containers could slow down Indian exports after a sharp recovery earlier this year. A wide range of exported items across various industries could be hit due to the container shortage that has resulted in record freight rates. The global container shortage is a result of congestions at…

Tokyo Paralympics: Discus thrower Vinod Kumar stripped off bronze medal after being found ‘ineligible’

HIGHLIGHTS Vinod Kumar had finished third in the men’s F52 discus throw final on Aug. 30 But organisers have found Vinod Kumar “ineligible” in disability classification assessment Vinod’s medal was India’s third on a blockbuster day 5 in which the country bagged two silvers and a bronze…

Cristiano Ronaldo completes medical ahead of Manchester United move, personal terms agreed

HIGHLIGHTS United said last week they had agreed a deal to re-sign Ronaldo from Juventus the transfer was still subject to the agreement of personal terms and a medical Ronaldo won eight major trophies at United from 2003-2009, and the Ballon d’Or as the world’s best player in 2008 Portuguese football…

Tokyo Paralympics: Sumit Antil breaks world record to clinch gold medal in men’s javelin F64 final

HIGHLIGHTS Sumit Antil won javelin gold medal with a world record throw of 68.55 m Sumit Antil won India’s second gold of the day in Paralympics Sumit’s gold took India’s medal tally to 7 at Tokyo Paralympics Sumit Antil scripted history on Monday as he broke the world record thrice to win a gold…

Arjun Kapoor replaces Abhishek Bachchan in John Abraham’s Ayyappanum Koshiyum remake?

Recently, reports claimed that Abhishek Bachchan is no longer a part of John Abraham-starrer Ayyappanum Koshiyum remake. Director Jagan Shakti is remaking the Malayalam film in Hindi. Now, according to latest reports, Arjun Kapoor has replaced Junior B. John is playing the lead role in the film while Arjun will be seen…

Prabhas, Shraddha Kapoor’s Saaho is a Rs 350-crore action extravaganza. On Monday Masala

Following the worldwide success of the epic fantasy action series, Baahubali, Prabhas made his Hindi-film debut with Saaho. The film clocked in two years of its release today, August 30. The action thriller boasted of an extravagant budget of Rs 350 crore and an ensemble cast with Sujeeth as its director. In this…

Pixel 6 may launch on September 13, a day before Apple’s rumoured iPhone 13 launch event

HIGHLIGHTS Pixel 6 and Pixel 6 Pro might be launched on September 13. The devices will feature Google’s own Tensor chipset. With an in-house processor, improved camera module and an attractive design, the Pixel 6 series will be a strong competitor to the iPhone 13 series. The month of September is set to be…

Sebi’s new peak margin norms: How it will impact traders from September 1

Stock market trade is likely to witness a drastic shift from Wednesday as market regulator Securities and Exchange Board of India’s (Sebi) new margin rules will come into effect. Under the peak margin rule, which has received criticism from many market participants, traders are required to give 100 per cent margin…

Rockets Fired At Kabul Airport, Intercepted By Missile Defence System

Kabul, Afghanistan:  Rockets were fired at Kabul’s airport on Monday where US troops were racing to complete their withdrawal from Afghanistan and evacuate allies under the threat of ISIS group attacks. President Joe Biden has set a deadline of Tuesday to withdraw all US forces from Afghanistan, drawing to a…

A Box Stuck In China For 8 Months Shows Global Supply Chain Crisis

Somewhere in the world’s busiest port of Shanghai, a container of fertilizer sits among tens of thousands of boxes, waiting for a ride to the U.S. It’s been on the dock for months, trapped by typhoons and Covid outbreaks that have worsened major congestion in the global supply-chain network. While the…