New Delhi: The Reserve Bank of India (RBI) on Wednesday hiked the key policy rates for first time in four years. RBI hiked the repo rate by 25 basis points to 6.25 percent and the reverse Repo rate to 6 percent, the first increase since January 2014 and kept the stance neutral.On the basis of […]
Author: Bureau
Death toll due to volcanic eruption in Guatemala rises to 99
Guatemala City: The death toll from a highly active volcano that erupted near Guatemala’s capital on Sunday rose to 99. According to the National Coordination for Disaster Reduction of Guatemala (CONRED), nearly 192 people are missing because of Guatemala’s Fuego volcanic eruption that occurred on June 4.After another volcano eruption, the seismological, volcanic and meteorological […]
Despite ‘positive’ Amit Shah-Uddhav Thackeray meet, Shiv Sena refuses to budge
MUMBAI: Despite a ”positive” meeting between BJP chief Amit Shah and Shiv Sena president Uddhav Thackeray, the Maharashtra-based party has said that there is no change in its stance and it will contest all upcoming polls alone. The Shiv Sena said on Thursday that it will be contesting all future elections solo even after a […]
Mumbai comes to a halt due to heavy rains, BMC to work overtime in view of waterlogging
MUMBAI: Heavy rains lashed Mumbai since Thursday morning bringing the city to a standstill. Many low lying areas have reported waterlogging. Parts of Khar, Sion and Worli are the worst hit with people seen walking in knee-deep water. From 11am-12 noon, the BMC automatic weather stations reportedly recorded 15 mm rain in Kurla, 13mm in […]
Virat Kohli among world’s highest-paid athletes: Forbes
New York India cricket captain Virat Kohli is among the world’s highest-paid athletes, according to a Forbes’ compilation topped by American boxing champion Floyd Mayweather. Kohli, the only sportsperson from India to be featured in the list, is ranked 83rd with earnings of USD 24 million. Surprisingly, the ‘World’s Highest-Paid Athletes 2018’ compilation is an all-male affair with no […]
Tough Competition: It Won’t be easy for Chong Wei to reclaim Malaysian Open crown
Petaling Jaya Lee Chong Wei has a mountain to climb in his bid to reclaim the Malaysian Open victory for his 12th crown. In the draw released by the Badminton World Federation (BWF) on Tuesday, the seventh seeded Chong Wei has been drawn alongside world No.1 Viktor Axelsen and Chinese arch-rivals Lin Dan, the defending […]
World’s First “Hospital-Train” in India; Next Stop, Maharashtra’s Latur On June 15
New Delhi Maharashtra’s Latur is eagerly waiting for The Lifeline Express to roll into town. The train, touted to be the world’s first hospital-train that provides medical aid and relief to patients living in far-flung and inaccessible areas, is arriving in Maharashtra next week. It will be stationed in the Latur district from June 15 […]
For The First Time In Over Four Years, RBI hikes Repo Rate by 25 bps to 6.25%
New Delhi India’s monetary policy committee voted unanimously to increase the benchmark repo rate for the first time in more than four years, as it tries to fend off rising inflation pressures. The repo rate was raised by 25 basis points to 6.25 percent. The last time this benchmark rate was raised was in January […]
PM Modi Announces ‘Fund of Funds’ in Interaction With Young Innovators Via NaMo App
New Delhi Prime Minister Narendra Modi on Wednesday interacted with thousands of youngsters who have made it big in the start-up sector and said it is the youth who have turned out to be the “job creators” of the nation. Describing India as a “youthful nation”, Modi said the government is committed to “harnessing of […]
Saudi Arabia issues first driving license to women ahead of ban lifting date
Saudi Arabia Saudi Arabia has started issuing driving licenses to women weeks ahead of kingdom official lifting a ban on women drivers. On Monday, the kingdom’s general traffic directorate starting replacing internationally driving licenses held by women with Saudi ones throughout the country. According to the SPA, ten women were given national licenses after handing in their […]