Mumbai: Benchmark equity indices continued their rally on Monday, with the BSE Sensex breaching the 65,000 mark for the first time ever, propelled by bullish global market trends and foreign fund inflows. Rallying for the fourth straight day, the 30-share BSE Sensex jumped 449.46 points to hit its all-time peak of 65,168.02 in early trade. […]
New Delhi: The innovation and startup ecosystem is strongly positioned to find solutions to challenges facing the world today, India’s G20 Sherpa Amitabh Kant said on Monday, asserting there is no shortage of funds for good startups, with strong business models. Speaking at ‘Startup20 Shikhar’ event, he advocated a multi-pronged approach of ‘fund of funds’, […]
New Delhi: Honda Cars India on Monday said it has commenced pre-launch bookings for its upcoming new mid-size SUV Elevate which goes on sale in September this year. Customers can book the model across all its authorised dealerships as well as online, the automaker said in a statement. India will be the first market to […]
LONDON: Rishi Sunak, Britain’s first Indian-origin Prime Minister, has spoken of the “sting” of racism that he experienced growing up in the UK during a special appearance at the England versus Australia Ashes Test match at Lord’s Cricket Ground in London. The 43-year-old cricket lover was interviewed on the BBC’s iconic ‘Test Match Special’ (TMS) […]
LONDON: The Marylebone Cricket Club (MCC) has suspended three members over altercations with the Australian team in Lord’s Long Room following Jonny Bairstow’s controversial stumping on the final day of the second Ashes Test. The MCC had earlier “unreservedly apologised” to the Australian team for the behaviour of some of its members, who allegedly verbally […]
LONDON: For those who have seen the glory days of West Indies cricket, the sight of them missing the bus to ICC World Cup 2023 was deeply painful. The legendary Gordon Greenidge and Joel Garner know the feeling of winning a World Cup. They were part of Clive Lloyd’s invincible outfit that lifted the trophy […]
NEW DELHI: Carrying the status of India’s premier cup competition, the Federation Cup football tournament will return after a gap of six years from the 2023-24 season, the sport’s apex body said on Monday. The All India Football Federation (AIFF) has also decided to induct five new teams into the I-League, having “accommodated all five […]
Islamabad, Jul 3 (PTI) With the IMF now on board, the cash-strapped Pakistan government is now considering meeting most of its external financing needs in the medium term through 10-15 years of international bonds and concessional multilateral loans, according to a media report on Monday. It also plans to diversify local debt instruments to inflation-based […]
Islamabad:Debt-trapped Pakistan will become the fourth largest IMF borrower in the world after receiving a fresh loan of USD 3 billion in the next nine months under the standby arrangement reached with the global lender. Pakistan, which is facing its worst economic crisis since independence from Britain in 1947, was on March 31, 2023, ranked […]
Mumbai: The share of residential housing loans in total advances has increased over the last eleven years to 14.2 per cent in March 2023 from 8.6 per cent in March 2012, as per the Reserve Bank’s latest Financial Stability Report (FSR). It also said the housing sector is witnessing a healthy growth with sales growing […]