China to set up first solar power plant in space by 2028

After successfully returning samples from the Moon, landing, and roving on Mars in their first attempt, China is set to launch the first solar-powered plant in space. The project is already in its initial stages and the agency aims to launch it by 2028, two years ahead of the earlier estimated time. The solar space…

OnePlus Nord 2T India launch officially confirmed, tipped to go official on July 1

OnePlus has finally confirmed the India launch of its upcoming Nord series phone. The company has published a teaser on the India website, which says that the device will soon be unveiled in India. The launch date for the OnePlus Nord 2T is still under wraps, but OnePlus is expected to reveal it soon. Here’s…

Sensex, Nifty rally nearly 1% in line with global gains; rise for 3rd day

Benchmark stock indices Sensex and Nifty rallied nearly 1 per cent to close at over two-week high levels on Monday, posting gains for a third straight day as global equities advanced on easing inflation concerns. The 30-share BSE Sensex jumped 433.30 points or 0.82 per cent to settle at 53,161.28, a level not seen…

Russia defaults on foreign debt for first time in a century as payment deadline expires

Russia looked set for its first sovereign default in decades as some bondholders said they had not received overdue interest on Monday following the expiry of a key payment deadline a day earlier. Russia has struggled to keep up payments on $40 billion of outstanding bonds since its invasion of Ukraine on Feb. 24, as…

Sri Lanka economic crisis: Schools closed, people work from home to save fuel

Troops in Sri Lanka handed tokens on Monday to people queueing for petrol amid a severe fuel shortage in the nation battling its worst economic crisis in seven decades, while schools shut in Colombo and public employees were asked to work from home. With its foreign exchange reserves at a record low, the island of 22…