The European Commission, which opened an investigation into online social media platform X in May, will announce its decision next week
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The NFRA report highlights serious violations of Section 144 of the Companies Act, which bans firms from offering certain non-audit services to their audit clients
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External Affairs Minister S Jaishankar on Saturday said Pakistan's cross-border terrorism will never succeed and its actions will "certainly have consequences", stressing that it is "karma" that the country's ills are now consuming its own society. In his address to the General Debate of the 79th session of the UN General Assembly, Jaishankar also said that the issue to be resolved between India and Pakistan is now only the vacation of illegally occupied Indian territory by Pakistan, and the abandonment of its long standing attachment to terrorism. Many countries get left behind due to circumstances beyond their control, but some make conscious choices with disastrous consequences. A premier example is our neighbour, Pakistan, he said. Today we see the ills it (Pakistan) sought to visit on others consume its own society. It can't blame the world. This is only karma, he said. Jaishankar said Pakistan's cross border terrorism policy will never succeed, and it can have no expectation
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The software company said late Monday that shareholders as of Nov. 21 will receive a quarterly dividend of 83 cents a share, compared with the current 75 cents
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At least 40 people have drowned in a boat accident on a river in northwest Nigeria, said President Bola Tinubu on Sunday. The accident happened in Zamfara state, as farmers were trying to get to their land, said Tinubu in a statement. The president promised support for the victims and directed emergency agencies to assess the incident. Yazid Abubakar, a police spokesperson in Zamfara, told The Associated Press the accident happened on Saturday and that five people were rescued, but 40 are still missing. It was not immediately clear how many people were on the boat when it went down.
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The meeting coincided with the BJP-led central government's approval of the Unified Pension Scheme (UPS), which includes Assured Pension and Assured Family Pension
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Home textiles major Welspun Living Ltd on Wednesday reported a 14.3 per cent increase in consolidated net profit to Rs 185.95 crore in the June 2024 quarter. The company posted a consolidated net profit of Rs 162.73 crore in the quarter last fiscal, Welspun Living said in a regulatory filing. Consolidated revenue from operations stood at Rs 2,536.49 crore compared to Rs 2,184.05 crore in the year-ago period, it added. Total expenses in the first quarter were higher at Rs 2,335.11 crore against Rs 1,998.65 crore in the corresponding period a year ago, the company said. Welspun Living said its board of directors at its meeting held on July 24, 2024, has approved a buyback proposal for purchase of over 1.26 crore paid equity shares of Re 1 each at a price of Rs 220 per share for an aggregate amount of not exceeding Rs 278.44 crore. "The domestic consumer business has shown resilience in the face of challenging demand scenario in the Indian retail market and continued to be the leadi
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About 18% of the 500-plus hedge funds tracked by data provider Hazeltree had an overall short position on Tesla at the end of June, the highest percentage in more than a year
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Israel is believed to have carried out the strike, among the most significant yet on Iranian interests in Tehran's close ally Syria. Israel has neither confirmed nor denied involvement
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Immensely impressed by Mayank Yadav's raw speed and accuracy, South Africa and Punjab Kings pace spearhead Kagiso Rabada sees the fast bowling sensation as a "potential pick" in India's squad for the T20 World Cup. The 21-year-old from Delhi has been pushing the speed barrier with every game and on Tuesday night, bowled a 156.7 kmph thunderbolt against Royal Challengers Bengaluru. It was his second straight man of the match performance in his debut season, leading Lucknow Super Giants to a convincing win. Rabada's team Punjab Kings was at the receiving end of Mayank's barrage of short-pitched deliveries last week when the debutant struck thrice with his rattling pace. One of the best pacers in the game, the South African also spoke about Mayank's remarkable accuracy. "He has got something that you cannot buy and that is raw pace. That is what exactly he is exploiting and exploiting it extremely well," Rabada told PTI in an interview. "The lengths that he hits, his plan is clear and
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Domestic rating agency India Ratings and Research on Monday said there was a marginal uptick in the corporate downgrade-to-upgrades ratio in FY24, when compared to the year-ago period. There were 312 upgrades as compared to 114 downgrades in FY24, which resulted in the ratio between the two coming at 0.37 per cent, which is marginally higher when compared to the 0.26 per cent in FY23, the city-based agency said. "The pace of upgrades moderated while at the same time downgrades increased, both of them marginally by about one percentage point," its head of credit policy group Arvind Rao said. However, the ratio at 0.37 per cent is still low, the agency said, attributing the performance of its rated entities to the continuing Indian growth story. Its associate director Suparna Banerji said the upgrades were witnessed in investment, consumption and service sectors, while the downgrades in the textiles and construction sectors. Meanwhile, its peer Care Ratings said it upgraded the rati
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At a time when Nepal is facing a power crisis, India on Friday renewed the agreement to export electricity to Nepal for the next three months. Under the agreement, which was to expire on March 31, Nepal can import a total of 554 MW electricity from India between 6 am and 6 pm. Nepal's domestic electricity production currently stands at around 1,200 MW while the country's demand for electricity is 1,800 MW to 2,000 MW during this period. Nepal is experiencing a shortage of electricity as most of the domestic power plants in the country are based on a run-of-the-river system and during winter, there is less water in the rivers. We have received the notification about the renewal of the agreement to export electricity to Nepal until June end, Chandan Ghosh, Nepal Electricity Authority (NEA) spokesperson, told PTI. The Himalayan nation can import 500 MW of electricity from the Dhalkebar-Muzaffarpur cross-border transmission line and 54 MW through Tanakpur, Ghosh added. After mid-June
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Most Indians do not care about the income gap between the top 1 per cent and the rest. They have their own logic that merits listening
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These funds, however, tend to underperform when domestic cyclicals do well
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Hamas launched a horrific terror attack in Israel on October 7 killing more than 1200 people and holding more than 250 people as hostages, out of which over 100 are still in captivity
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The loss last year follows $58.8 billion in net income in 2022, the Fed said. The numbers released were an audited tally following preliminary numbers reported earlier this year
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Cipla will leverage its extensive network to distribute Sanofi's CNS portfolio, including Frisium, a leading anti-epileptic drug
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Wall Street's main indices kicked off the week on a lower note. Market participants are hoping that Friday's US prices data will back investor bets for a June interest rate cut by the Federal Reserve
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Officials who spoke at the opening of the China Development Forum expressed confidence China would hit its economic targets, including growth of about 5% this year
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A total of 6.6 billion minutes of watch time was also recorded during the IPL 2024 opening match which was won by the Chennai Super Kings against the Royal Challengers Bengaluru
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