Moody’s says India is in stagflation

Global financial services firm Moody’s said Indian economy is in stagflation, where growth is slow and inflation high, and cautioned that the Reserve Bank cannot go aggressive in cutting interest rates.

“India’s economy is in stagflation, with notably weaker growth but inflation still stubbornly high,” said Glenn Levine, Senior Economist, Moody’s Analytics.

Third Youth Asian games in a Sri Lankan port town

Sri Lanka’s southern port town of Hambantota awarded the third Youth Asian games in 2017. Which failed to win the bid to host the 2018 Commonwealth Games last year when it lost to Australia’s Gold Coast.

What is ICANN?

Internet Committee for Assigned Names and Numbers is the nonprofit organization that oversees the use of Internet domains. ICANN is responsible for the coordination of the global Internet's systems of unique identifiers and, in particular, ensuring its stable and secure operation.

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