Amid concerns over several larger overseas buyers seeking reduction in prices in the wake of a drop in cotton prices, here’s some silver lining for garment exporters. Export of readymade garments from India has grown faster than those shipped from China for a bulk of 2014, although the rise is on a much smaller base. According to UN Comtrade data, during JanuaryOctober 2014, India’s garment exports rose 14.6% to $14 billion....

  The 2016 World Twenty20 will be played in India from March 11 to April 3. The International Cricket Council (ICC) approved the dates for its main events through to 2019, following its board meeting here on Thursday . The board also approved the dates for the 2017 Champions Trophy in England, which will be held from June 1-19. England will also host the 50-over World Cup in 2019 from May...

As Per 2007-2008 Survey, India Is Home To 27,000 Elephants The People for the Ethical Treatment of Animals (PETA) -an international animal rights and conservation group -and the Bannerghatta Biological Park, Karnataka, have joined hands to create India’s first `fenced’ elephant sanctuary in a forested space that will allow elephants to move around freely within the secure area. This 49.5-hectare sanctuary within the biological park -which is an extension of the...

Aamir Khan-starrer PK has become the first Bollywood film to gross Rs 100 crore from online bookings, signalling that internet economy is beginning to seriously influence India’s movie-going habits. BookMyShow, the country’s largest online entertainment ticketing platform with over 90% market share, has reported over Rs 102 crore in revenue from the sale of PK tickets, as of Wednesday . This represented 21% of PK’s domestic collections and 16% of its...

Scientists tracking the Ebola outbreak have said that the deadly virus has mutated. The team is yet to confirm whether the virus has become more virulent or contagious. Viruses are notorious for changing form making it difficult to create vaccines against them. Ebola is an RNA virus -like HIV and influenza -which have a high rate of mutation. “We know the virus is changing quite a lot,“ said human geneticist Dr...

Apple posted a quarterly profit of $18 billion -the highest ever recorded by a corporate -at the end of last year on booming sales of big-screen iPhone models, especially in China. The California tech titan also announced on Wednesday that it had sold its one billionth device powered by its iOS mobile operating system, on a day of dizzying figures -even by Apple’s high standards. Apple’s profit is around Rs 1,200...

The Indian Air Force (IAF) is moving towards an indigenous missile era that will allow India to order surgical strikes destroying targets about 300km away . In a new feat, HAL has completed integration of BrahMos thermonuclear cruise missile with Sukhoi-30 MKI after over two years of work, modifying the Russian-made aircraft. HAL director S Subrahmanyan, who led the project, said the first test flight of the modified Su-30 MKI with...

US President Barack Obama’s India visit was initially seen as more about symbolism than substance, but as it turned out, this was one of the most substantive engagements between the two countries with senior foreign ministry officials describing it as historic. Obama backed India to play a bigger role on global issues as he reiterated support to India’s candidature for a permanent membership of UN security council. The following are some...