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Chenab bridge, set to be inaugurated by PM Narendra Modi, is a breathtaking sight! This Indian Railways bridge is also the world’s highest railway arch bridge. An engineering marvel, the Chenab river bridge forms a crucial link on the Udhampur – Srinagar – Baramulla Rail Link Project, finally connecting Kashmir to the rest of the…
A sharp drop in imports helped narrow the US trade deficit to its lowest in over two years, as sweeping tariffs imposed by President Donald Trump took effect across major global markets.The US trade deficit shrank to $61.6 billion in April, falling by more than 55% from March, according to government data released on Thursday….
ECB President Christine Lagarde (AP) The European Central Bank lowered its key interest rate by 25 basis points on Thursday, citing growing uncertainty from US trade threats and slowing eurozone momentum.In its eighth consecutive rate cut, the ECB reduced its benchmark rate to 2%, down from a recent high of 4%, as policymakers attempt to…
AI image means for representation only Silver prices surged past $35 per an ounce on Thursday, buoyed by currency weakness, industrial appetite and safe-haven flows, with analysts suggesting the rally may not be over yet.Silver prices crossed the $35 mark per ounce and hit their highest level since March 2012, lifted by a mix of…
Indian maritime companies signed shipbuilding and technology collaboration agreements at the Nor-Shipping conference in Oslo, as part of a government-led push to boost global partnerships in the sector, according to an official statement released on Thursday.One of the key agreements includes a memorandum of intent signed between Germany’s Carsten Rehder Schiffsmakler und Rehder GmbH &…
With global players and key states on board, India Energy Storage Week aims to boost manufacturing and green innovation through new partnerships and MoUsIndia is likely to attract investment exceeding Rs 8,000 crore in energy storage, electric mobility and green hydrogen during the upcoming India Energy Storage Week (IESW) 2025, to be held in New…
NEW DELHI: India’s coal-fired electricity generation in May saw its steepest decline in five years, driven by a drop in overall power demand and a surge in renewable energy output, according to a Reuters analysis of government data. This marked the first fall in power demand since August and coincided with record-high generation from clean…
As domestic money cushions corrections, veteran sees index doubling twice; points to compounding, macro strength and rising retail depth.The Indian equity market’s surprising ability to recover from every correction is no accident, says veteran investor Raamdeo Agrawal, who attributes the trend to the sustained flow of domestic capital. This resilience, he believes, will underpin a…
NEW DELHI: Shares of Eternal Ltd, the parent company of food delivery platform Zomato, surged nearly 6% on Thursday, extending its two-day rally to over 8%. The upward momentum followed Morgan Stanley reaffirming the company as its top sector pick. The brokerage firm kept its target price at Rs 320, suggesting a possible 33% upside…
Kashmir will finally get all-weather railway connectivity with the rest of India. Udhampur-Srinagar-Baramulla Railway Link: Prime Minister Narendra Modi will inaugurate the 272 kilometres long Udhampur-Srinagar-Baramulla Railway Link (USBRL) project in Jammu & Kashmir on June 6. As part of the launch, PM Modi will inaugurate the Chenab railway bridge, Anji Khad railway bridge and…
