BENGALURU: Nine months after a homecoming that ended in tragedy, Royal Challengers Bengaluru returned to the M Chinnaswamy Stadium on Wednesday, beginning preparations for the Indian Premier League, which begins here on March 28.A small but vocal group of fans gathered outside the stadium to welcome the players as the RCB contingent arrived around 4.30…
QatarEnergy says Iranian missiles hit Ras Laffan Industrial City, causing “extensive damage” Qatar on Wednesday expelled key Iranian military and security officials along with their staff from its territory, escalating tensions after missile strikes hit key energy infrastructure in the Gulf. The Qatari Foreign Ministry said on Thursday it had declared the military and security…
NEW DELHI: An AI-powered robotics and software systems company, XTEND, which is headquartered in Israel with a major base and production facility in US’ Florida, on Tuesday announced that it has signed an $11 million manufacturing and distribution agreement with India-based defence technology company Rayonix Tech for unmanned aerial vehicles (UAVs) to expand its AI-enabled…
MUMBAI: The surge in retail credit in India rests on a quiet infrastructural shift-the growing ability of lenders to judge creditworthiness of borrowers quickly and cheaply. What has made this possible is a dramatic fall in the cost of obtaining credit reports, aided by digital scale and the proliferation of fintech platforms that allow consumers…
NEW DELHI: Ten years later and after two attempts, govt has failed to privatise IDBI Bank, the perpetual problem child, leaving potential bidders fatigued and raising questions over the process as well as future disinvestment plans.It wasn’t the first time that the Centre tried to exit IDBI Bank, with the plan first announced by former…
MUMBAI: The conflict in West Asia is prompting both underwriters and policyholders to reassess the efficacy of travel insurance in addressing geopolitical risks, one of the more persistent uncertainties in recent years.Early signals are visible in claims behaviour. “We have received travel inconvenience claims i.e. flight cancellation, trip cancellation/ interruption, accommodation extension etc. We have…
Why Are Sirens Blaring in Bahrain? Residents Urged to Seek Shelter Amidst Escalating Iran vs US-Israel War Panic and urgency gripped Bahrain as warning sirens echoed across the country, with authorities issuing an immediate advisory urging residents to seek shelter. The alert, issued by the Interior Ministry, called on citizens and residents to remain calm…
Indian equity benchmarks continued their upward move for a third straight session on Wednesday, with the BSE Sensex adding nearly 3,000 points over the past three trading days, prompting debate on Dalal Street over whether the recent recovery marks a sustainable bottom or just a short-term bounce, according to an ET report.The NSE Nifty ended…
NEW DELHI: As the Rajya Sabha bid farewell to 59 MPs, PM Narendra Modi told retiring members there is no full stop in politics, while praising the service of senior MPs like H D Deve Gowda, Sharad Pawar and LoP Mallikarjun Kharge.Addressing the House, Modi said that on such occasions, “we rise above partisan differences,…
NEW DELHI: Failure to pay user fee because of faulty FASTag or for low balance in the tag while crossing a barrier-less plaza on NH network will cost you double, if you don’t pay the user charge within 72 hours, as per a govt notification. Similarly, if the tolling agency fails to examine and dispose…