NEW DELHI: The ongoing West Asian crisis is a “live balance of payments stress test” for the country – directly impacting inflation, the exchange rate and the current account, chief economic advisor V Anantha Nageswaran said at the CII Annual Business Summit Tuesday. “Managing the current account credibly, financing it and preventing further currency depreciation…
NEW DELHI: India Meteorological Department on Tuesday launched two new services, including an AI-enabled monsoon advance forecasting system that will provide information on progress of the seasonal rainfall and “localised weather information” up to four weeks in advance to support farmers across 16 states and more than 3,000 sub-districts.The second product, launched as a pilot…
LONDON: British PM Keir Starmer told members of his cabinet on Tuesday he had no intention of resigning as calls grew louder within his Labour Party for him to step down.Starmer tried to shore up support within his cabinet following a febrile few days in the wake of hefty losses for the Labour Party in…
NEW DELHI: Commerce and industry minister Piyush Goyal on Tuesday said the ongoing global challenges should act as a “wake-up call” for Indian industry to become self-efficient and productive, make better use of free trade agreements, and reduce dependence on imports to strengthen the economy.Amid trying times, India has an opportunity to outshine others, he…
NEW DELHI: Supreme Court on Tuesday agreed to hear the plea of Enforcement Directorate seeking cancellation of bail granted to alleged West Bengal coal smuggling ‘kingpin’ Anup Majee and issued notice to him but it observed that the agency was dragging its feet as the probe was going on for the last six years.A bench…
D4vd made an appearance at a Los Angeles County courtroom on Tuesday in a status hearing that is related to his murder case. The singer, whose name is actually David Burke, has been charged with serious offenses as part of the murder case involving the death of Celeste Rivas Hernandez, a 14-year-old girl. Despite the…
While women-led films in Hollywood continue to dominate the global box office, Alia Bhatt feels Indian cinema still largely focuses on catering to male viewers.The actress, who is currently attending the Cannes Film Festival, recently spoke about the need for more gender-neutral storytelling in Indian films. According to her, cinema should focus on stories rather…
MUMBAI: Mitsui OSK Lines, which runs one of the largest shipping fleets globally, on Tuesday said that container rates may rise further as there is a gap between freight rates and increase in cost as bunker oil prices have doubled in Asia.During an interaction with TOI, the Japanese company’s global president and CEO Jotaro Tamura…
NEW DELHI: The 21st Livestock Census report, which was expected to be made public late last year, is likely to be released after June, as technical glitches in data compilation and validation have delayed its finalisation.An official said data validation was in process. “This is expected to be completed by June. The report can be…
Hiker Sandarsh Krishna, who went missing inside Grand Canyon National Park in Arizona, was found dead. After a 10-day search, the body of Sandarsh Krishna, a 26-year-old Indian man, who went missing inside Grand Canyon National Park, Arizona, was recovered but no cause of death could be established. Park officials announced Tuesday that the body…
