RBI keeps interest rate unchanged for ninth time in a row

MUMBAI: The Reserve Bank of India on Thursday expectedly kept the benchmark interest rate and stance unchanged for the ninth straight policy meeting, saying it cannot afford to look through persisting high food inflation and has to remain vigilant to prevent spillover. Retaining its unambiguous focus on inflation, the Monetary Policy Committee (MPC), which consists […]

US says it stands ready to work with Bangladesh’s interim govt

  WASHINGTON: The United States has said it is ready to work with the interim government of Bangladesh as the country charts a democratic future for its people. An interim government led by Nobel laureate Mohammad Yunus is set to take oath in Bangladesh on Thursday. “We continue to monitor developments in Bangladesh, and we […]

Come back stronger: PM Modi on Phogat’s disqualification

NEW DELHI: Prime Minister Narendra Modi on Wednesday described wrestler Vinesh Phogat as a “champion among champions” and exuded confidence that she would come back stronger following her disqualification from the final Olympic bout.   “Vinesh, you are a champion among champions! You are India’s pride and an inspiration for each and every Indian,” Modi […]

Pakistani man with ties to Iran charged in plot to assassinate government officials on US soil

NEW YORK: A 46-year-old Pakistani national with close ties to Iran was on Tuesday charged in connection with a foiled plot to assassinate a politician or US government officials on American soil, authorities here said.   Asif Raza Merchant was charged in a complaint unsealed in federal court in Brooklyn with murder-for-hire as part of […]

Harris and Walz officially certified as Democratic Party’s nominees for President and Vice President

WASHINGTON: US Vice President Kamala Harris and Minnesota Governor Tim Walz have officially been certified the Democratic Party’s nominees for President and Vice President respectively, the ruling party announced on Tuesday. Harris and Tim Walz officially accepted the nominations Tuesday, following the close of delegate voting on Monday, August 5th, and the official certification of […]

Bangladesh president appoints Nobel laureate Yunus as interim govt chief, dissolves parliament

DHAKA: Bangladesh President Mohammed Shahabuddin dissolved Parliament on Tuesday and appointed Nobel laureate Mohammad Yunus as the head of an interim government, a day after Prime Minister Sheikh Hasina abruptly resigned and fled the country following weeks of violent protests.   The decision was made in a meeting President Shahabuddin had with chiefs of the […]

US urges its citizens not to travel to Bangladesh

WASHINGTON: The United States on Tuesday recommended its citizens not to travel to Bangladesh, witnessing civil unrest, crime, and terrorism following the resignation and fleeing of former prime minister Sheikh Hasina.   Elevating its travel advisory to the highest ‘Level 4: Do Not Travel’ category, the US State Department has also recommended the departure of […]

Hasina in shock, govt giving her time before speaking to her: Jaishankar at all-party meeting

NEW DELHI: External Affairs Minister S Jaishankar on Tuesday told an all-party meeting that India has assured help to former Bangladesh prime minister Sheikh Hasina, who arrived here on Monday evening, and given her time to decide the future course of action, sources said.   Briefing political party leaders in Parliament House, Jaishankar said India […]

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