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India has made a notable shift from the economic policies of 1991, when it exported gold and pledged it overseas to mitigate a looming financial crisis. The country has now shipped in a little over 100 tonnes of its gold reserves held in the UK. Sanjeev Sanyal, an economist and a member of the Economic […]
The Lok Sabha elections will come to a close tomorrow as the final phase of voting takes place in 57 constituencies across eight states and Union territories. This marks the end of the seven-phase elections that began on April 19. Voting will take place in 13 seats each in Uttar Pradesh and Punjab, nine seats […]
Israel’s Defense Minister Yoav Gallant has delivered a stern warning to Hezbollah, listing senior terrorist commanders recently eliminated by Israeli forces while accusing the Lebanese militant group’s chief Hassan Nasrallah of dragging the country into a “difficult reality.” During an operational assessment at the Israeli military’s Northern Command on Wednesday, Gallant presented images of slain […]
European stocks steadied on Thursday as bonds regained some ground after a sell-off the day before on bets that global interest rates would stay higher for longer due to stickier inflation readings. The dollar softened slightly as U.S. Treasury yields slippedback while commodity prices came under pressure on renewed expectations that the Federal Reserve is […]
Growth in India, which already is strong and surging, may become more broad-based across both on the consumer and business spending side, indicated Morgan Stanley. The global investment bank, in its latest report ‘2024 Global Economic Midyear Outlook’, attributed India’s firm growth to three megatrends -global offshoring, digitalization and energy transition. Morgan Stanley forecasts 6.8 […]
Defending champion Iga Swiatek came back from the brink to down Naomi Osaka in a French Open second-round blockbuster, saving a match point as she just avoided her earliest exit at Roland Garros, where the wild crowd came under fire on Wednesday. With fans starved of action on a day when persistent rainfall washed out […]
Indian teenage chess sensation R. Praggnanandhaa defeated world number one Magnus Carlsen in the classical format for the first time at the ongoing Norway Chess tournament on Wednesday. During round three, the 18-year-old battled the Norwegian star on his home turf and came out victorious to take the sole lead in the open section of […]
The National Highways Authority of India (NHAI) has launched an initiative to monetize its infrastructure, seeking investments from the UAE to sustain and enhance India’s expanding national highway network. NHAI’s delegation, led by Chairman Santosh Kumar Yadav and NHIT MD Suresh Goyal, are conducting high-level meetings and roadshows in Dubai and Abu Dhabi to attract […]
Agnikul Cosmos launched its Agnibaan rocket for the first time on Thursday, powered by the only Indian rocket engine to use both gas and liquid fuel in the country’s second flight of a privately built rocket. The Agnibaan’s first flight had been called off four times in the last two months because of technical issues. […]
A severe dry spell and soaring temperatures have sparked a series of forest fires in the Chingus block and various other forest areas in the Nowshera sub-division of Rajouri district of Jammu and Kashmir. Drones were used on Thursday to monitor forest fires. As per the forest officials, the fire in the Reasi area was […]
