NEW DELHI: External affairs minister S Jaishankar on Thursday pushed back against European criticism of India’s Russia policy, saying weapons sold by European countries had been used against India for years even as they questioned New Delhi’s purchase of Russian oil. Defending India’s energy choices, he also revealed that the United States had encouraged India…
A research paper at the U.S. Federal Reserve praised the usefulness of prediction markets — specifically looking at Kalshi — in getting a real-time handle on economic policy. “Kalshi’s forecasts for the federal funds rate and [the U.S. Consumer Price Index] provide statistically significant improvements over fed funds futures and professional forecasters, all while providing…
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The Union cabinet on Wednesday approved highway projects worth Rs 20,668 crore, including a six-lane greenfield Nashik–Solapur (Akkalkot) corridor in Maharashtra and the widening and strengthening of NH-326 in Odisha.The largest approval is for the 374-km Nashik–Solapur (Akkalkot) corridor, cleared at a cost of Rs 19,142 crore. The project involves construction of a six-lane access-controlled…
NEW DELHI: Supreme Court has sought responses from Haryana govt and Mahira Buildwell (formerly Czar Buildwell) after an association of homebuyers from economically weaker sections accused the developer of an affordable housing scheme in Gurgaon, under Pradhan Mantri Awas Yojana (Urban), of cheating them.Accusing Czar Buildwell and its successor Mahira of obtaining a licence through…
NEW DELHI: The Commission for Air Quality Management (CAQM) lifted GRAP 3 curbs on Friday in Delhi-NCR as air quality showed significant improvement. The air quality index dropped from 380 on Thursday to 236 by Friday afternoon.“The AQI of Delhi, which was recorded as 380 on Thursday, has significantly improved and recorded 236 at 4…
US Dollar bill bearing Trump’s signature (AI-generated image) US President Donald Trump‘s administration has once again stirred controversy, this time with a proposal to include his signature on American paper currency ahead of the country’s 250th anniversary.The US Treasury Department announced on Thursday that future US dollar notes will carry Trump’s signature alongside that of…
Boris Johnson, the former prime minister of the United Kingdom, called Bitcoin (BTC) a “Ponzi Scheme” that has less value than Pokémon cards, collectibles he said had a wide appeal and a multi-decade history. Johnson wrote an opinion article published in the Daily Mail on Friday that began with a story about a friend who…
The Pension Fund Regulatory and Development Authority (PFRDA) on Thursday permitted banks to independently set up pension funds to manage the government’s flagship National Pension System (NPS), a move aimed at enhancing competition and safeguarding subscriber interests, PTI reported.The PFRDA board “has approved, in principle, a framework to permit Scheduled Commercial Banks (SCBs) to independently…
