The disruption of Middle East energy supplies due to the Iran war is pushing global oil and gas prices higher, a development that could strengthen Russia’s finances and indirectly support its war effort in Ukraine.Rising energy prices are increasing the revenue Russia earns from oil and gas exports – a key pillar of the Kremlin’s…
NEW DELHI: Union education ministry will launch a nationwide drive to identify and enrol out-of-school and dropout children through the National Institute of Open Schooling (NIOS), as part of efforts to achieve 100% gross enrolment ratio (GER) from pre-school to secondary level by 2030.Data from the Periodic Labour Force Survey (PLFS) 2023-24 shows nearly 2…
IndiGo confirmed late on Saturday that all 200 aircraft in its A320-family fleet had been fully updated, becoming the first major Indian operator to complete the mandatory enhancement. In a message posted on X, the airline said the work was “carefully coordinated” between engineering and operations teams and carried out with “minimal impact on customers’…
India’s foreign exchange reserves fell for the third consecutive week, slipping by $2.699 billion to $687.034 billion for the week ended November 7, according to data released by the Reserve Bank of India (RBI) on Friday.The forex kitty had already declined by $5.623 billion in the previous week to $689.733 billion, extending what has become…
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US President Donald Trump on Friday (local time) announced plans to cap credit card interest rates at 10% for one year, saying the move is aimed at easing affordability concerns for American consumers. He also criticised the previous Joe Biden administration for not checking high interest rates in recent years.In a post on Truth Social,…
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NEW DELHI: In an unusual introspective remark, Chief Justice Surya Kant-led bench of the Supreme Court on Friday said on several occasions the apex court passes sweeping orders unmindful of India’s social ground realities and without understanding their adverse impact on the social fabric.When a bunch of petitions challenging the validity of the sedition provision…
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MUMBAI: Axis Bank has entered into an agreement with Max Financial Services to pursue a listing of their life insurance joint venture, Axis Max Life Insurance, by April 2027, potentially through a merger of Max Financial into the insurer. The agreement outlines a sequence of options to unlock value from the insurance business, with the…
