Our Businessdesk India’s economic growth story over the past decade has quietly achieved an important structural milestone — the country is becoming significantly less oil-intensive. That means the economy today requires far less petroleum consumption to generate the same level of GDP compared to a decade ago. Oil intensity refers to the amount of oil…
New Delhi: A fugitive wanted in a major narcotics case was brought back from Azerbaijan by the Special Cell of Delhi Police, who secured his extradition in coordination with the CBI, officials said on Wednesday. The accused, Prabhdeep Singh, was wanted in a 2021 case involving the recovery of 358 kilograms of heroin and had…
New Delhi: Former India goalkeeper and junior men’s team coach PR Sreejesh on Wednesday publicly expressed his frustration over being removed from his role after just 17 months, questioning Hockey India’s preference for foreign coaches despite his successful stint. In a strongly-worded social media post, Sreejesh said that his tenure was brought to an end…
New Delhi: Markets regulator Sebi on Wednesday proposed allowing mutual funds to use intraday borrowing lines for a wider range of cash management needs, including trade settlements, forex obligations and derivative margin payments, beyond just meeting redemption payouts. The proposal seeks to address operational challenges faced by asset management companies (AMCs) due to timing mismatches…
New Delhi: The RSS is proud of its “son” Suvendu Adhikari, and he doesn’t need to sign a membership form to be a part of the family, just like a daughter-in-law joining a household — this is how the Sangh views a spate of leaders joining the BJP from other parties and becoming chief ministers….
Beijing: US President Donald Trump arrived in China on Wednesday for a three-day state visit during which he will discuss a host of global issues, including the Iran war, with Chinese President Xi Jinping. Trump, who is visiting China at the invitation of President Xi, was received by Chinese Vice President Han Zheng at the…
Kolkata: Newly elected West Bengal legislators, including Chief Minister Sivendu Adhikari, took oath in the Assembly on Wednesday. Pro tem Speaker Tapas Roy administered the oath. Newly appointed state ministers — Agnimitra Paul, Dilip Ghosh, Ashok Kirtania, Kshudiram Tudu, and Nisith Pramanik — were among those who took oath as MLAs in the 294-member House….
Thiruvananthapuram: Heavy summer rain accompanied by strong winds lashed several parts of Kerala, particularly high-range regions, causing widespread damage to houses, roads, and power infrastructure, authorities said on Wednesday. Uprooted trees and downed power lines disrupted daily life across various districts, cutting off electricity and bringing traffic to a standstill. Sea erosion and lightning-related incidents…
New Delhi: Observing that Hinduism is a way of life, the Supreme Court on Wednesday said it is not necessary for a Hindu to mandatorily go to a temple or perform a ritual in order to remain a Hindu and even lighting a lamp inside house is enough to prove one’s belief. The observation of…
Chennai: Chief Minister C Joseph Vijay-led TVK government won the trust vote in the Tamil Nadu Assembly on Wednesday with support from parties including the Congress, VCK, and the AIADMK rebel faction led by leaders SP Velumani and C Ve Shanmugam. As soon as the House convened, Chief Minister Vijay moved a vote of confidence…
