"Where Facts Speak Louder."
MUMBAI: RBI net sold $11.1 billion in the spot foreign exchange market in Jan, according to data released on Wednesday. It purchased $49.2 billion and sold $60.3 billion during the month.This was lower than Dec 2024, when RBI bought $54 billion and sold $69 billion, resulting in net sales of $15 billion. From April 2024…
HDFC Bank has announced a final dividend of Rs 22 per equity share for the financial year 2024-25. This translates to a 2,200% pay-out on the face value of Re 1 per share and is subject to approval by shareholders.The bank has fixed June 27, 2025, as the record date to determine shareholders eligible to…
Protestors gather during a demonstration at the headquarters of the Department of Education, Friday, March 14, 2025, in Washington. (AP Photo) President Donald Trump has long campaigned on dismantling the US Department of Education, calling for its elimination or restructuring. However, despite his executive power, Trump cannot simply abolish the department with a stroke of…
NEW DELHI: Union finance minister Nirmala Sitharaman on Thursday said that the recalibration of global trade policies poses serious challenges to the global economy. Her comments come in the wake of the sweeping tariffs imposed by US President Donald Trump which has sent jolts to the global stock markets. Speaking at the 150th anniversary celebration…
MUMBAI: In a significant decision, the Income Tax Appellate Tribunal (ITAT), Mumbai bench, distinguished between a legal owner (an individual whose name is merely added on purchase of a property, say a spouse or brother) and a beneficial owner (to whom it actually belongs).The ITAT emphasized that merely having a name on a property title…
PLI Scheme (Image for representation) NEW DELHI: Govt has disbursed around Rs 14,020 crore under its production-linked incentive (PLI) schemes for 10 sectors which include large-scale electronics manufacturing , IT hardware, bulk drugs, medical devices, pharmaceuticals, telecom and networking products, food processing, white goods, automobiles and auto components, as well as drones and drone components,…
Yamaha FZ-S Fi hybrid launched in India. After making its first public appearance at the Bharat Mobility Global Expo in January, Yamaha has finally launched its first-ever hybrid motorcycle, the FZ-S Fi Hybrid, in India. The bike is priced at Rs 1,44,800, ex-showroom, and brings a mix of design tweaks, technological upgrades, and more. FZ-S…
NEW DELHI: In a big blow to CPM, Kerala HC in a rare order Friday warned state police against “coming under pressure from any political or bureaucratic quarters” and directed the investigating officer to expedite probe of money laundering charges against top functionaries of the state’s governing party and place on record all documents within…
NEW DELHI: Bharatiya Janata Party on Friday wrote a letter to external affairs minister S Jaishankar demanding a ban on Mamata Banerjee’s travel to foreign countries in the capacity of West Bengal chief minister following “anti-India pitch” the TMC supremo made in UK.In a letter to Jaishankar, leader of opposition in the assembly Suvendu Adhikari…
NEW DELHI: In a major development that has sent waves of excitement through the Mumbai Indians fanbase, star pacer Jasprit Bumrah has officially joined the franchise’s squad ahead of their upcoming IPL 2025 fixture. The five-time champions announced the news on Sunday via their social media platforms, sharing an electrifying video with the caption: “Ready…
