Iran has sent its response to the latest United States ceasefire proposal through Pakistani mediators, seeking negotiations focused on a permanent end to the war across the region, including in Lebanon, where Israel continues military operations against the Iranian-backed Hezbollah group. However, US President Donald Trump swiftly rejected Tehran’s position, calling it “TOTALLY UNACCEPTABLE!” without…
MUMBAI: Noel Tata has voted against the reappointment of Venu Srinivasan and Vijay Singh as trustees of Tata Education and Development Trust (TEDT), the largest corpus trust within Tata Trusts, in a move that widens fault lines within one of India’s most powerful philanthropic structures. It marks the first time Noel has made his opposition…
After Indian military leadership warned Islamabad on the first anniversary of Op Sindoor that “no terror sanctuary across the border is beyond India’s reach”, Pakistan’s Chief of Defence Forces Field Marshal Asim Munir on Sunday called last year’s conflict with India a “battle between two ideologies”.Addressing a ceremony at General Headquarters in Rawalpindi to mark…
A flight carrying evacuees from the hantavirus-hit cruise ship MV Hondius landed in the Netherlands on Sunday, with passengers disembarking in good spirits as authorities began quarantine procedures for those onboard.The flight from Tenerife, where the Dutch-flagged cruise ship is currently docked, carried 26 passengers and crew members, including eight Dutch nationals, according to the…
The Competition Commission of India has ordered a detailed probe into French spirits giant Pernod Ricard and seven other entities for alleged cartelisation in the Indian-made foreign liquor market. The investigation will examine restrictive conduct by Pernod Ricard with retailers and wholesalers, potentially violating competition laws. The CCI’s Director General will lead the inquiry, looking…
A non-binary transgender Indian and former PhD student, born in Tamil Nadu, has become the first person to be elected as a Member of the Scottish Parliament (MSP) despite being a foreign citizen who does not have a permanent visa to live in the UK.Indian national Q Manivannan won the Edinburgh & Lothians East seat…
Ogden Nash (Image: Wikipedia) Marriage advice is often given in long speeches, relationship books, counselling sessions and complicated psychological explanations. But sometimes a single sentence can explain human relationships more honestly than pages of earnest discussion. It’s no wonder one quote by American poet Ogden Nash remains popular decades after it was first written. On…
MUMBAI: Net outflow by foreign portfolio investors (FPIs) from the stock market for the current year crossed the Rs 2-lakh-crore mark for the first time ever. This also showed up in aggregate foreign holding in Indian stocks falling to a 14-year low at 14.7%, a level much below the comparative data for domestic institutions, which…
MUMBAI: Indian banks are navigating a paradox where credit growth is outstripping deposit growth but margins are under pressure. On paper, a scenario where credit outstrips deposit growth should be a recipe for soaring profitability. However, a deeper look into the recent earnings calls of major public sector lenders shows that margins remain under pressure…
NEW DELHI: Swiss pharma major Novartis is sharpening its strategy in India as a pure-play innovator across core therapy segments, including cardiovascular, oncology and immunology, after divesting its stake in its listed arm earlier this year.Significantly, India increasingly contributes to nearly every molecule that Novartis commercialises globally, and is moving further up the value chain,…