Russia has strongly condemned the US for pressuring India to halt Russian crude oil imports, deeming the tariffs ‘unjustified’ and ‘unlawful.’ Russian officials affirmed their commitment to uninterrupted oil supplies to India, highlighting a ‘special mechanism’.
A parliamentary panel has expressed serious concerns about the severe staffing shortages at the DGCA, highlighting an “existential threat” to safety oversight. The committee urges granting the regulator financial and administrative autonomy to address critical vulnerabilities amidst rapid sector growth. They also recommend a comprehensive plan to synchronize fleet additions with airport expansion and stronger…
Wall Street showed resilience after a previous decline in AI stocks, with mixed earnings reports influencing market movement. Target’s CEO transition and sales decline contrasted with Lowe’s profit beat and acquisition. Investors are anticipating Federal Reserve Chair Jerome Powell’s speech amid inflation and rate cut considerations. Global markets displayed varied performance, influenced by factors like…
China’s rare earth magnet exports experienced a significant resurgence in July, reaching a six-month peak of 5,577 metric tons. This rebound, a nearly 75% increase from June, signals a return to pre-export control levels, driven by eased restrictions and agreements with the US and Europe.
Infosys has distributed performance bonuses for the April-June quarter to eligible employees, with payouts averaging 80% and ranging from 75-89%. This marks an improvement compared to the previous quarter’s disbursement.
Chandigarh Police apprehended a 34-year-old Mumbai resident, Joshua Oscar Nevis, for allegedly defrauding a city resident of Rs 1.3 crore through a WhatsApp impersonation scam. Nevis posed as the victim’s employer, tricking him into transferring funds. He admitted to providing his banking details to contacts on Telegram, leading to a broader investigation into a potential…
The Narendra Modi government has launched the Pradhan Mantri Viksit Bharat Rozgar Yojana. This scheme aims to boost job creation and social security. The government will provide incentives up to Rs 15,000 for new employees registered with EPFO. Employers will also receive support for creating new jobs. The scheme aims to generate 3.5 crore employment…
Starting November 1, 2024, Indian Railways has shortened the advance ticket booking window to 60 days, intensifying competition for seats during the festive season when migrant workers travel home.
The Promotion and Regulation of Online Gaming Bill, 2025, has been introduced in the Lok Sabha, aiming to regulate online gaming by banning real-money games while promoting e-sports and social games. The legislation seeks to protect youth from predatory apps and prevent addiction and financial risks.
Washington D.C. has faced the nation’s highest unemployment rate for three months, reaching 6% in July, due to federal workforce reductions under President Trump and declining international tourism. Neighboring states Maryland and Virginia also saw slight increases in unemployment. These layoffs are projected to worsen the District’s Black-white unemployment disparity, as international tourism continues to…
