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At least 33 dead as tornadoes ravage central US
"Numerous significant tornadoes, some of which may be long-track and potentially violent, should continue into this evening," the National Weather Service said At least 33 people were killed and dozens more injured Saturday when tornadoes and violent storms raked...
FPIs withdraw Rs 30,000 crore from equities in first fortnight in March
With these, the total outflow by FPIs has reached Rs 1.42 lakh crore (USD 16.5 billion) in 2025 so far, data with the depositories showed "The recent decline in the dollar index will limit the fund flows to the US. However, the heightened uncertainty triggered by the...
BIS cracks down on e-commerce giants over non-certified products
The standards authority has issued notices to major e-commerce platforms including Amazon, Flipkart, Meesho, Myntra, and BigBasket, directing them to ensure that only BIS-certified products are listed where certification is mandatory New Delhi: The Bureau of Indian...
UK police charge Russian captain involved in U.S. tanker ship crash
The 59-year-old Vladimir Motin was captain of the Portuguese-flagged Solong that hit the Stena Immaculate tanker, carrying military jet fuel, at close to full speed on Monday. Initial concerns of an environmental disaster subsided as assessments showed the jet fuel...
StanChart raises 1 bn euro via first social bond, commits 50% for India
The 8-year bond will primarily facilitate lending to small and medium sized enterprises (SMEs), ensuring access to finance, helping create jobs and empowering and nurturing women-owned SMEs, StanChart said in a statement on Friday New Delhi: UK multinational Standard...
India advancing with labour welfare, quality employment and social justice: Govt
Sumita Dawra, Secretary, Ministry of Labour and Employment and Gilbert F. Houngbo, Director General, International Labour Organisation(ILO) at ILO meet in Geneva The contribution of India’s flagship institutions and schemes such as EPFO (7.37 crore contributing...
Govt setting up ecosystem to resolve consumer complaints at pre-litigation stage: Secretary
The technological transformation of NCH with artificial intelligence (AI) tools has led to a significant increase in its call-handling capacity. The number of calls received by NCH has grown nearly tenfold from 14,795 calls in January 2015, Consumer Affairs Secretary...
Need to make sustainable lifestyle choices available accessible affordable for all Joshi
Pralhad Joshi ,Union Minister of Food and Consumer Affairs The government is working to move beyond "consumer protection" toward promoting "consumer interest" and "consumer care," Joshi said and mentioned the monitoring mechanisms aimed at controlling volatility in...
RBI assures customers and investors on IndusInd Bank’s financial health
Earlier this week, IndusInd Bank disclosed a discrepancy in accounting with an estimated impact of 2.35 per cent of the bank's net worth. Soon after the disclosure, massive price correction in the bank's scrip was witnessed. Mumbai: The Reserve Bank on Saturday asked...
British PM Starmer scraps health body in search of savings and better care
Keir Starmer, Prime Minister, UK "I can't, in all honesty, explain to the British people why they should spend their money on two layers of bureaucracy," Prime Minister Keir Starmer Starmer said in a speech in the northern English city of Hull. He said the change...
RBI Gov urges common pool of climate-focused projects to enhance financing
Sanjay Malhotra, Governor,RBI Speaking at a Reserve Bank Of India (RBI) event in Delhi, Malhotra said one of the major constraints in having sufficient climate-related financing is the lack of projects with a high probability of repayment New Delhi: Indian banks and...
Data Breach: Infosys settles lawsuits against US unit over cyber incident for $17.5 million
In April last year, Infosys said, McCamish, in coordination with its third-party vendor eDiscovery, identified up to 6.5 million individuals whose information was subject to unauthorized access and data exfiltration in the incident Indian IT services provider Infosys...
India sees record deal activity in February at USD 7.2 bn
Retail and consumer, IT & ITES, banking and financial services, and pharma, healthcare and biotech sectors were the key drivers for volume growth, contributing 60 per cent of the overall volumes, while traditional sectors, including energy and natural resources,...
Ex-judge Ganediwala who gave controversial verdicts to get pension on par with HC judge
Ganediwala had sought for pension as HC's additional judge, contending that it should be irrespective of the fact whether she voluntarily retired or superannuated after attaining a specific age Mumbai: The Bombay High Court on Thursday said Pushpa Ganediwala, the...
Gold vaults $3,000 in rush for safety from market, political worry
"There will likely be increased flows into safe-haven assets like gold, especially as investors move away from equity growth stocks amid rising uncertainties and future concerns," said Dina Ting, Head of Global Index Portfolio Management at Franklin Templeton. The...
SBI to launch centre for financing AI, fintech, e-commerce industries
The project will help diversify the work of the bank’s project finance and structuring unit, which appraises, structures and funds large projects in infrastructure. Lending to so-call new age industries and renewable energy sectors increasingly make up a larger...
American Airlines jet engine catches fire after landing in Denver, passengers evacuated
The engine fire is the latest in a series of high-profile aviation incidents that have raised questions about U.S. aviation safety, including the January 29 mid-air collision of an American Airlines regional jet and an Army helicopter that killed 67 people WASHINGTON:...
Baba Ramdev’s Patanjali Ayurved forays into general insurance, buys majority stake in Magma General Insurance
Patanjali Ayurved, along with other investors, have bought out the stake of Senoti Properties, a joint venture between businessman Adar Poonawalla and Rising Sun Holdings. Senoti Properties held a 74.5 per cent stake in Magma General Insurance and would...