Prime Minister Narendra Modi yesterday said five crore (50 million) houses will be built for the poor by 2022 as he laid the foundation stone of ‘Pradhan Mantri Awas Yojana’, reports PTI from Naya Raipur. He stressed on the need for skill development and asked the youth to be job creators.…

LG has announced a modular Android smartphone that can gain extra functions via add-on parts, reports BBC. Components are plugged in by pulling off the base of the G5 phone and swapping it for an alternative unit. Google is known to be working on a modular phone of its own, but the concept is far from…

Chinese vice finance minister Zhu Guangyao said on Saturday he is confident about the country’s economic growth in Future, reports XINHUA from Beijing. “Chinese economy will surely continue to grow, because the fundamentals of the economy remain sound. The Chinese economy enjoys high resilience,…

XINHUA, WASHINGTON: A very possible recession within the next three years would take place in the United States, economists warned Saturday at a meeting of US governors. There is a “100 per cent certainty” of a recession between now and 2018, President of Fosler Group Gail Fosler said at…

AFP, WASHINGTON: Virgin Galactic, the space tourism company owned by British billionaire Richard Branson, on Friday unveiled a new commercial spaceship, more than a year after its predecessor crashed and killed one of its pilots. It marked the beginning of a testing phase for the SpaceShipTwo, and the…

AFP, SHARM EL SHEIKH: African leaders and bankers vowed at an economic summit in Egypt Saturday to push for trade and investments on the continent despite…

AFP, ALWAR: With his rickety bicycle and sackcloth mail bag, 62-year-old Indian postman Chet Ram does not look like a worker at the vanguard of an e-commerce…

AFP, MADRID: Six officials of Chinese megabank ICBC have been placed in detention by Spanish authorities on suspicion of laundering tens of millions of euros, judicial sources said on Saturday. They were detained overnight and while three of them can be freed if they post bail of 100,000 euros ($111,000)…