The proposal was suggested by the Reserve Bank of India and is currently under active consideration by the Finance Ministry. Looking to tackle foreign outflows and preserve forex, the government is weighing a major cut in the tax burden imposed on foreign investors investing in domestic bonds. Policymakers are looking to bring the country’s framework…
NEW DELHI: Virat Kohli’s stunning return to form against Kolkata Knight Riders did not just earn applause from fans — it also brought a heartfelt message from IPL great Dwayne Bravo.After Kohli’s unbeaten 105 powered Royal Challengers Bengaluru to a six-wicket win in Raipur, Bravo walked into the RCB dressing room to personally congratulate the…
India’s wholesale price inflation accelerated sharply to 8.30 per cent in April from 3.88 per cent in March, driven mainly by a steep rise in fuel, power and crude oil prices amid the ongoing West Asia crisis, according to government data released on Wednesday.Data released by the ministry of commerce and industry showed that inflation…
NEW DELHI: The Election Commission on Thursday announced the conduct of Phase III of special intensive revision (SIR) covering 16 states and 3 Union territories. This would not include Himachal Pradesh, Jammu & Kashmir and Ladakh, the poll body said.“Election Commission of India has directed the conduct of the Special Intensive Revision (SIR) in 16…
NEW DELHI: Ministry of External Affairs on Thursday condemned the attack on an Indian-flagged ship off the coast of Oman, calling the incident “unacceptable” and expressing concern over continued attacks on commercial shipping in the region.In an official statement, the MEA said all Indian crew members on board the vessel were safe and thanked Omani…
PC: National Museum of Great Lakes Rhode Island may be the smallest state in the United States by area, but comparing it with some of North America’s largest lakes makes it seem even tinier. The state covers just 1,214 square miles, which is surprisingly small once you realise that six freshwater lakes in or partly…
NEW DELHI: An inquiry has been initiated at Dr Ram Manohar Lohia Hospital after a cockroach was allegedly found in dal served at the doctors’ hostel mess on Tuesday, triggering concerns over food safety and hygiene standards within the hospital premises.The issue surfaced after a hostel resident shared photographs of the food item and alleged…
MUMBAI: Maharashtra CM Devendra Fadnavis arrived at the Vidhan Bhavan on a motorcycle to attend the swearing-in ceremony of newly elected members of the legislative council on Thursday.The move follows Prime Minister Narendra Modi’s appeal to reduce fuel consumption amid concerns over rising energy pressures due to the ongoing conflict in West Asia, according to…
For decades, stories about billion-dollar company sales have usually followed the same pattern. Founders become wealthy, investors celebrate massive returns, and employees often receive little more than praise for their hard work. Recently, Graham Walker has drawn attention after reportedly sharing $240 million with 540 employees following the sale of Fibrebond Corp. to Eaton in…
India’s reserves have fallen 5.2% to $691 billion. (AI image) Philippines and India are the Asian countries that have seen the highest percentage losses to their foreign exchange reserves as a result of the ongoing US-Iran conflict that has sent global crude oil prices to above $100 per barrel levels. Foreign-exchange reserves across Asia are…