America

Why is Hawaii Becoming the Leader in USA’s EV Adoption?

Why is Hawaii Becoming the Leader in USA’s EV Adoption?

The whole world is moving towards EV vehicles to ensure a sustainable and clean future. The USA is not an exception. Some of the biggest states in the USA are seeing a boom in EV adoption rates. However, one anomaly that no one is expected to lead in EV adoption is Hawaii. The tropical island…

Indian-origin Ajay Banga Is Next World Bank’s President

Indian-origin Ajay Banga Is Next World Bank’s President

The World Bank appointed ‘Ajay Banga’ as a new President. A 25-member execute board confirmed his name for the post on Wednesday after following a selection process agreed upon by shareholders in 2011. Banga, who is at 63 now, has worked for Mastercard as a CEO before this, and his term in the World Bank…

Rupees Hits Record Low Of 79.36 Against US Dollar

Rupees Hits Record Low Of 79.36 Against US Dollar

Indian currency, Rupee plunges by 41 paise to close at a fresh lifetime low of 79.36 against the US Dollar on Tuesday due to the greenback overseas and unrelenting foreign fund outflows.  At the interbank forex market, the local unit started at 79.04 against the greenback and witnessed an intra-day high of 79.02 and a…

Raj Subramaniam named new CEO of FedEx, replacing Fred Smith 

Raj Subramaniam named new CEO of FedEx, replacing Fred Smith 

Raj Subramaniam will soon take over as the new Chief Executive Officer (CEO) at FedEx. The US-based multinational company FedEx announced on Monday stating that Indian-American Raj Subramaniam will replace the Founder and CEO Fredrik W Smith. Sources state that Fredrick Smith would step down from his position on 1st June 2022.  After stepping down…