MUMBAI: Cash logistics companies, which replenish ATMs, have approached banks seeking measures to offset a sharp rise in operating costs, warning that a combination of fuel inflation, wage hikes and compliance expenses could push industry costs up by 15-20% in the near term. An increase in fees is likely to require a revision in ATM…
The Federal Reserve left its benchmark fed funds rate range unchanged at 3.50%-3.75% on Wednesday, a move markets had expected nearly unanimously. “Economic activity is expanding at a solid pace despite elevated uncertainty that owes, in part, to the conflict in the Middle East,” the press release said. “Inflation remains elevated relative to the Committee’s…
SRINAGAR: Gulmarg’s glittering slopes, once blanketed for months, now flicker between white and bare. Seasons shrink. Thaws bite. People ask: Where are the snows of yesteryear? Future of India’s premier ski resort looks increasingly like it’s skating on thin ice — and govt is racing to keep it from sliding off course.Plans are moving fast….
Step outside into 45-47°C heat and it is not just uncomfortable. It is immediate and overwhelming. The sun beats down relentlessly as the air feels heavy and unbearably still, hitting your face like a wave from an open furnace and clinging to the skin even as you step into shade. Within minutes, the body begins…
US President Donald Trump on Monday (local time) said that he would “100%” proceed with his plans to impose tariffs on European countries unless a deal over Greenland is reached. In a telephonic interview by NBC news, the US president was asked if he will seize the land by “force,” to which he replied, “no…
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Representative image (AI-generated) US stocks dropped sharply in morning trading on Tuesday after President Donald Trump threatened to impose new tariffs on eight NATO members. The move has escalated geopolitical tensions over his push to assert American control over Greenland. The sell-off marked the first opportunity for markets to react to the latest escalation, after…
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JAMMU: Police arrested three persons for an alleged sacrilegious act in Jammu’s Doda district.“On Dec 18 night, information was received at Doda police station regarding the alleged slaughter of a bovine animal by certain persons and the transportation of meat towards for illegal sale,” police said.Cops identified the suspects as Farooq Ahmed, Mohammad Shafi and…
