NEW DELHI: The four-day heatwave streak abated on Friday, but the city remained in the grip of intense heat.Though there is a possibility of a thundery development on Saturday under the influence of a feeble western disturbance, India Meteorological Department (IMD) said no significant respite is expected, and heatwave conditions are likely in parts of…
Chennai Super Kings’ head coach Stephen Fleming, left, with MS Dhoni (PTI Photo) Former India captain Krishnamachari Srikkanth has strongly criticised the Chennai Super Kings management over the handling of MS Dhoni’s fitness during IPL 2026, accusing the franchise of misleading supporters throughout the season. Speaking on his YouTube channel after CSK’s crushing 89-run defeat…
MUMBAI: Total outward remittances under the Liberalised Remittance Scheme (LRS) witnessed a contraction in FY26, dropping about 2% to $29 billion from the $29.6 billion recorded in FY25. This downward trajectory highlights that visa restrictions are impacting overseas education spending, which plummeted 20.9% from $2.9 billion to $2.3 billion, alongside a 3.1% dip in international…
At least one person was killed and 36 others injured in a blast at a shipyard in New York City, officials said on Friday (local time). Emergency crews rushed to the site following the explosion, while authorities launched an investigation into the cause of the incident.“This was a complex, fast-developing emergency situation,” AP quoted New…
NEW DELHI: Honda Cars India is preparing an aggressive product expansion in the country, with plans to introduce more than 10 new models by 2030 as the Japanese automaker revs up to take on competition in one of its most important global growth markets.The company on Friday unveiled the updated hybrid version of the City…
MUMBAI: Gold jewellery has not lost its sheen but it may be going out of reach for average Indians as high prices of the yellow metal are pushing people to spend less on new pieces and only stick to essentials. While sales volumes or the amount of gold sold are dropping, sales value, driven by…
BENGALURU: Swiggy shareholders have voted against proposed changes to the company’s Articles of Association, preventing the planned appointments of CFO Rahul Bothra and cofounder Phani Kishan Addepalli to the board. The special resolution received 72.4% shareholder support, falling short of the 75% threshold required for approval, according to an exchange filing on Thursday.Swiggy said the…
Will lead a central bank oriented toward reform, says new chair WASHINGTON: Kevin Warsh was sworn in as chair of the US Federal Reserve on Friday at a pivotal moment for an American economy where surging gasoline prices due to the Iran war are pushing up inflation and eroding consumer sentiment, potent ingredients for a…
MUMBAI: The Reserve Bank of India board on Friday okayed a dividend of Rs 2.87 lakh crore to govt, 6.7% more than last year’s Rs 2.69 lakh crore, even as it sharply raised transfers to its contingency risk buffer amid a surge in earnings and balance sheet expansion.The higher dividend came despite a transfer of…
NEW DELHI: Gross foreign direct investment (FDI) grew 16.7%, its fastest pace of expansion in six years, to a record $94.5 billion in 2025-26, helping reverse the four-year falling trend of net FDI.Net FDI was estimated at $7.7 billion during the last financial year, compared with under $1 billion in the previous year. After excluding…