India lines up Kakinada deepwater port for rice exports

Mumbai: India’s southern state of Andhra Pradesh will use a deepwater port to export rice for the first time in decades amid a global shortage of the grain, according to a government order which could raise shipments this year by a fifth. The order, issued late on Wednesday, allows Kakinada Deep Water Port to handle […]

Online trading apps in UAE: Everything you need to know about platforms, features and deposits

Online trading platform Robinhood and the role it played in recent stock rallies in firms such as GameStop have brought the focus back on to online trading. Over the last few weeks, the platform has faced the ire of top US financial watchdogs who have accused the firm of using “aggressive tactics” to lure newbie […]

Yellen warns of ‘tough months’ ahead, urges US congress to act

Washington: Treasury Secretary Janet Yellen warned of “tough months ahead” with COVID-19 continuing to flare, making it critical that Congress pass President Joe Biden’s $1.9 trillion relief package. In her first public interview since becoming Treasury secretary last week, Yellen said that Biden is willing to cooperate with Republicans to pass the measure on a bipartisan […]

Australian prime minister says Bing could replace Google

Canberra: Australia’s prime minister said on Monday that Microsoft is confident it can fill the void if Google carries out its threat to remove its search engine from Australia. A Google executive told a Senate hearing last month that it would likely make its search engine unavailable in Australia if the government goes ahead with […]