US

US long-term mortgage rates fall sharply: 30-year at 3.60%

1:59 am August 9, 2019

Washington: US long-term mortgage rates fell sharply this week, with the benchmark 30-year loan touching its lowest level since November 2016. Financial markets around the globe have been whipsawed by anxiety over the U.S.-China trade war, sending investors fleeing from stocks to the safety of bonds and pushing bond interest-rates to record lows. Mortgage buyer […]

Dark matter may be older than the Big Bang: Study

4:49 pm August 8, 2019

Washington: The elusive dark matter, which is believed to make up about 80 per cent of the universe’s mass, may have existed before the Big Bang, according to a study. The study, published in the journal Physical Review Letters, presents a new idea of how dark matter was born and how to identify it with […]

Pakistan closes a corridor of its air space

9:58 am August 8, 2019

New Delhi: Pakistan has closed a corridor in its airspace, which will result in an additional up to 12 minutes of flying time for overseas flights, an Air India official said on Wednesday. The flights will have to be diverted to other routes due to the closure, the official said. “One air corridor has been […]

Irrespective of the winner of presidential polls, India-US relationship to remain strong

‘Urgent need’ for dialogue to avoid potential military escalation in South Asia:US

10:21 pm August 7, 2019

Washington: There is an “urgent need” for dialogue among all actors to reduce tensions and to avoid a potential military escalation in South Asia, the US said on Wednesday, hours after Pakistan expelled the Indian envoy and downgraded its diplomatic ties. Pakistan on Wednesday expelled Indian High Commissioner Ajay Bisaria and downgraded the diplomatic ties […]

Afghan foreign minister likely to visit India this month

US, Taliban push for peace in day 2 of talks

7:47 pm August 4, 2019

Doha: The US and the Taliban were thrashing out elements of a deal to bring a close to Afghanistan’s 18-year conflict at the second day of renewed talks in Doha on Sunday. The US, which invaded Afghanistan and toppled the Taliban in 2001, wants to withdraw thousands of troops and turn the page on its […]