CHANDRAPUR: The SIT probing illegal sale of a farmer’s kidney in Chandrapur, Maharashtra, has uncovered a direct operational link to China. Fresh disclosures indicate that a Chinese surgeon, Dr Chiang, conducted transplant procedures in Cambodia and supplied harvested organs to clients in his home country.The revelations, based on statements of two key accus-ed during interrogation,…
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India’s foreign exchange reserves recorded their steepest weekly decline in months, falling by $9.985 billion to $671.625 billion in the week ended June 12, mainly due to a sharp drop in gold reserves, according to RBI data released on Friday.The country’s forex reserves had declined by $711 million in the previous reporting week to $681.610…
NEW DELHI: Retail inflation, based on consumer price index (CPI), inched up for the second consecutive month to 3.4% (y-o-y) in March from 3.2% in Feb on account of acceleration in food prices, electricity, gas and other fuels, data released by NSO showed Monday. The food index rose 3.9% in March, above 3.5% in preceding…
MUMBAI: New York-based alternative asset manager Brookfield is lining up investments worth over $1 billion (around Rs 9,000 crore) to set up a global capability centre (GCC) in Mumbai, raising its bets on India. The GCC, which will be Asia’s largest, is being developed through an agreement between Mumbai Metropolitan Region Development Authority (MMRDA) and…
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Borrowing costs for homebuyers in the US rose further this week, with the average long-term mortgage rate reaching its highest level in more than six months and adding pressure during the peak spring housing season.Mortgage buyer Freddie Mac said the benchmark 30-year fixed mortgage rate increased to 6.38% from 6.22% a week earlier. The rate…
NEW DELHI: The Supreme Court on Thursday pulled up Tamil Nadu electricity board for promising free electricity to consumers irrespective of their financial status.The apex court issued notice to the Centre and others on plea of DMK government which proposes to provide free electricity. A bench led by Chief Justice of India Surya Kant slammed…
Maglev train tested in China (Image taken from X) Chinese scientists have achieved a milestone in magnetic levitation technology. Researchers at China’s National University of Defence Technology successfully propelled a one-tonne vehicle to 700 kilometers per hour in just two seconds on a 400-meter test track, setting a new world record for superconducting electric maglev…
