Experts are of the view that India’s bonds have been made attractive. (AI image) Looking to preserve its foreign exchange reserves and defend the rupee, the government and the Reserve Bank of India on Friday announced several steps aimed at attracting foreign inflows. Record foreign capital outflows amid the ongoing US-Iran conflict have added immense…
Latest developments: Sen. Angela Alsobrooks said she will not support the Clarity Act on the Senate floor unless negotiators reach agreement on ethics provisions and other outstanding issues. Alsobrooks said ethics concerns remain a major sticking point, alongside illicit finance provisions and work still needed in the Agriculture Committee. She characterized her committee vote advancing…
Oil India Limited discovered the presence of natural gas in an exploratory well drilled in the Andaman Sea, marking a significant development in India’s offshore exploration efforts, announced union minister for petroleum and natural gas Hardeep Puri.The discovery has been made in the “Sri Vijayapuram-3” well, located about 15 km off the east coast of…
Bhagwant Mann (File photo) Punjab chief minister Bhagwant Mann on Friday announced that eligible women across the state will begin receiving financial assistance under the Mukh Mantri Mawan Dheeyan Satkar Yojna from July 1. The scheme aims to strengthen women’s financial independence and ensure dignity and self-respect.Under the initiative, eligible women will receive Rs 1,000…
US stocks ended lower on Friday, with technology shares leading the decline, as a stronger-than-expected jobs report reduced expectations of interest rate cuts by the Federal Reserve this year.The S&P 500 fell 0.7%, while the Dow Jones Industrial Average declined 81 points, or 0.2%. The tech-heavy Nasdaq Composite dropped 1.4%, weighed down by losses in…
Finance minister Nirmala Sitharaman on Friday said the government remains committed to driving the “Reform Express” through decisive policy measures to sustain economic momentum despite global challenges, even as the Reserve Bank of India lowered its FY27 growth forecast.Earlier in the day, the RBI cut its GDP growth projection for FY27 to 6.6% from 6.9%…
Pakistan’s foreign exchange reserves are nearing the government’s $18 billion target for FY26, but a widening trade deficit, mounting external payment obligations and pressure on the rupee are raising concerns about the country’s economic stability, PTI reported.Data released by the State Bank of Pakistan (SBP) showed the country’s foreign exchange reserves increased by $43 million…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1681.25, down 4.8% (-84.48) since 4 p.m. ET on Thursday. All 20 assets are trading lower. Leaders: BTC (-2.8%) and BNB (-2.9%). Laggards: ICP (-14.6%) and NEAR (-14.3%). The…
NEW DELHI: Former Tamil Nadu BJP chief K Annamalai’s newly launched political movement, “We The Leaders”, appears to have struck an immediate chord, attracting more than 7 lakh volunteers within hours of its launch after he formally quit the BJP on Friday.Calling on people passionate about “education, health, sustainability, or youth leadership” to join, Annamalai…
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