At least one person was killed and 36 others injured in a blast at a shipyard in New York City, officials said on Friday. Emergency crews rushed to the site following the explosion, while authorities launched an investigation into the cause of the incident.This is a developing story Source link
NEW DELHI: Honda Cars India is preparing an aggressive product expansion in the country, with plans to introduce more than 10 new models by 2030 as the Japanese automaker revs up to take on competition in one of its most important global growth markets.The company on Friday unveiled the updated hybrid version of the City…
MUMBAI: Gold jewellery has not lost its sheen but it may be going out of reach for average Indians as high prices of the yellow metal are pushing people to spend less on new pieces and only stick to essentials. While sales volumes or the amount of gold sold are dropping, sales value, driven by…
BENGALURU: Swiggy shareholders have voted against proposed changes to the company’s Articles of Association, preventing the planned appointments of CFO Rahul Bothra and cofounder Phani Kishan Addepalli to the board. The special resolution received 72.4% shareholder support, falling short of the 75% threshold required for approval, according to an exchange filing on Thursday.Swiggy said the…
MUMBAI: The Reserve Bank of India board on Friday okayed a dividend of Rs 2.87 lakh crore to govt, 6.7% more than last year’s Rs 2.69 lakh crore, even as it sharply raised transfers to its contingency risk buffer amid a surge in earnings and balance sheet expansion.The higher dividend came despite a transfer of…
Will lead a central bank oriented toward reform, says new chair WASHINGTON: Kevin Warsh was sworn in as chair of the US Federal Reserve on Friday at a pivotal moment for an American economy where surging gasoline prices due to the Iran war are pushing up inflation and eroding consumer sentiment, potent ingredients for a…
NEW DELHI: Gross foreign direct investment (FDI) grew 16.7%, its fastest pace of expansion in six years, to a record $94.5 billion in 2025-26, helping reverse the four-year falling trend of net FDI.Net FDI was estimated at $7.7 billion during the last financial year, compared with under $1 billion in the previous year. After excluding…
Cabinet secretary T V Somanathan NEW DELHI: For the first time, government has carried out a performance assessment of ministries on various administrative parameters, including delays in clearing of files, grievance redressal and responses to Cabinet proposals. Cabinet secretary T V Somanathan, on Thursday, presented the ranking of ministries and departments on each of these…
MUMBAI: Domestic economic activity exhibited resilience in April, with industrial and services sectors maintaining strength across several segments, even as global uncertainties and geopolitical tensions continued to cast a shadow, RBI said in its latest State of the Economy article.At the same time, the central bank struck a note of caution, stating that “India’s near-term…
Vaibhav Sooryavanshi (ANI Photo) The rise of teenage sensation Vaibhav Sooryavanshi is no longer just an Indian phenomenon. The 15-year-old’s extraordinary IPL 2026 campaign has captured global attention, with former England captain Michael Vaughan revealing that even fans in the United Kingdom are tuning in specifically to watch the young batter.Sooryavanshi’s fearless batting and remarkable…