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IMF slashes global outlook as White House says trade talks pick up pace
With tariffs on goods coming into the world’s No. 1 economy now at...
Trump’s new tariff could shave off 0.5% points of India’s GDP: Finance Secy
"Second order (effects) would be important," said Finance Secretary...
Govt asks airlines to boost engineering capabilities after series of safety incidents
Indian airlines reported 478 technical snags in the year to June 30, 2022, but dozens of mid-air safety incidents in recent weeks have prompted special spot checks and safety audits by the aviation regulator New Delhi: India has asked airlines to increase their...
Arsenic found in ground water in parts of 209 districts, uranium in parts of 152 districts: Govt
In a written reply to a question in the Rajya Sabha, Minister of State for Jal Shakti Bishweswar Tudu gave data that showed lead has been found in parts of 176 districts in 21 states, iron in parts of 491 districts in 29 states and Union territories, cadmium in parts...
After 9 months, FPIs return to Indian equities with Rs 5,000 crore investment
This is in sharp contrast to a net withdrawal of Rs 50,145 crore from the stock market seen in June. This was the highest net outflow since March 2020, when foreign portfolio investors (FPIs) had pulled out Rs 61,973 crore from equities, data with depositories showed...
Governments increase user data demands, warns Twitter
The US makes up the majority of demands for account information, accounting for 20% of the requests. India follows closely behind. Twitter says it complied fully with roughly 40% of all asks for information on user accounts Washington: Twitter warned Thursday that...
India’s SpiceJet says airplane aborted Mumbai takeoff due to caution alert
The plane was "almost at full speed" on the runway when it was suddenly stopped and the pilot aborted the takeoff, announcing later it was a technical problem, Vishal Vikram, one of the passengers on board, told Reuters New Delhi: A SpiceJet airplane was forced to...
Alibaba to seek primary listing in Hong Kong, adding to NYSE
Alibaba's decision to seek a primary listing in Hong Kong also comes as U.S. regulators have threatened to delist U.S.-listed Chinese companies unless they follow auditing requirements, which in turn triggered a selloff of Chinese stocks listed in the U.S. Alibaba,...
DGCA starts 2-month-long special audit of airlines
The focus of the aforementioned special audit will be facilities like hangars and stores, equipment being used by airline personnel, airlines' quality assurance system, aircraft grounded due to lack of spare parts and airlines' maintenance control centre, a DGCA order...
UN health agency declares monkeypox a global emergency
"In short, we have an outbreak that has spread around the world rapidly through new modes of transmission about which we understand too little and which meets the criteria in the international health regulations," WHO Director-General Tedros Adhanom Ghebreyesus said...
Ship insurers sail into unknown with Ukraine grain risks after deal reached
"There are a number of underwriters who have expressed an interest in writing this risk and one or two brokers also. It may well be a consortium that is formed," Neil Roberts, head of marine and aviation with the Lloyd's Market Association, told Reuters. A number of...
Preparing Indian Banks for Tomorrow
Shaktikanta Das, Governor, Reserve Bank of India The banks will face competition from Fintechs which are already making their presence felt within the financial services space With advancement in digital banking, cybersecurity will remain an important challenge for...