India and Russia have agreed to increase bilateral trade to over USD 100 billion by 2030. This decision was made during the 22nd Annual Bilateral Summit between Russian President Vladimir Putin and Prime Minister Narendra Modi in Moscow. The joint statement following the summit emphasized reinvigorating investments, using national currencies for trade, and boosting cooperation in sectors such as energy, agriculture, and infrastructure.
India and Russia have agreed to increase bilateral trade to over USD 100 billion by 2030. This decision was made during the 22nd Annual Bilateral Summit between Russian President Vladimir Putin and Prime Minister Narendra Modi in Moscow. The joint statement following the summit emphasized reinvigorating investments, using national currencies for trade, and boosting cooperation in sectors such as energy, agriculture, and infrastructure.
Fed Chair Jerome Powell informed Congress that the U.S. job market has cooled from its pandemic extremes, indicating a stronger case for potential interest rate cuts. Powell emphasized the balance of risks the Fed now faces, highlighting recent improvements in inflation and economic conditions. Despite not signaling specific future actions, analysts suggest Powell's remarks hint at a possible rate cut as early as September. The Fed’s policy rate remains at 5.25% to 5.5% since July 2023. Powell’s... Читать дальше...
The banking sector in India has reached a decadal high in terms of financial parameters and is poised to support the country's economic growth, said Reserve Bank deputy governor Swaminathan J on Tuesday. He was speaking at a conference attended by statutory auditors, chief financial officers of commercial banks, and all Indian financial institutions.
The court rejected Satyendar Jain’s plea for four weeks’ interim bail to care for his injured wife, Poonam, and ailing younger daughter. Poonam, needing constant care, cannot manage other affairs. Ex-cabinet minister Jain, in Arvind Kejriwal’s government, was arrested for money laundering.
Cartoon Network is currently amid a new social media buzz, suggesting that the heritage cartoon channel is closing down. 'RIP Cartoon Network' is trending on social media handles along with a hashtag 'Stay Tuned'. What exactly is the real incident that is happening? Get to know more.
Maruti Suzuki India Chairman RC Bhargava on Tuesday highlighted the Uttar Pradesh government's new policy offering a 100 per cent registration tax waiver on hybrid vehicles. This initiative is designed to reduce carbon emissions and decrease oil imports. Reports indicate that this waiver will lower the prices of hybrid vehicle models by up to Rs 3.5 lakh.
India and Russia aim to boost their bilateral trade to over USD 100 billion by 2030. The focus is on using national currencies, expanding trade routes, and increasing cooperation in sectors like energy, agriculture, infrastructure, and the digital economy. The agreement, announced at the 22nd Annual Bilateral Summit in Moscow, includes eliminating trade barriers, optimizing customs procedures, and promoting investments and joint projects, with a strong emphasis on humanitarian and cultural collaboration.
Scientists working with the James Webb Space Telescope have found hydrogen sulfide on an exoplanet known as HD 189733b. It is near Jupiter and about 64 light years from the Earth. It is the first time that this gas has been found outside our solar system.
Supreme Court advocate Ashok Pandey faces criticism from multiple judges for not following court orders and filing unsuccessful pleas. He is warned of license cancellation and contempt notices for failing to pay fines. Judges emphasize the importance of abiding by legal procedures.
On Tuesday, Ajay Bhushan Prasad Pandey, chairman of the National Financial Reporting Authority (NFRA), emphasized the importance of insolvency law for a healthy credit culture and its role in unlocking capital from unviable businesses for productive use through the resolution of bankrupt firms' stress. He highlighted that the Insolvency and Bankruptcy Code (IBC) has a significant role in strengthening the economy beyond just enabling lenders to recover dues from corporate debtors.
The BlackRock Investment Institute (BII) said on Tuesday that recent parliamentary elections in Britain had made valuation of UK equities attractive, while Japan stocks remained its favoured equity investment play.
Financial Services Secretary Vivek Joshi chaired a review meeting with private sector banks to assess the progress of financial inclusion schemes, urging them to focus on marginalized communities. Key schemes reviewed included PM SVANidhi, PM Vishwakarma, PMJDY, PMJJBY, PMSBY, APY, PMMY, and Stand Up India. Joshi emphasized expanding social security and deepening financial inclusion. He also discussed the importance of the Jan Samarth portal and urged banks to increase participation in these schemes... Читать дальше...
A New Delhi court issued a production warrant for jailed Chief Minister Arvind Kejriwal for July 12 appearance in the Delhi excise policy scam. Judge Kaveri Baweja acknowledged ED's seventh chargesheet against Kejriwal and AAP. The eighth names Vinod Chauhan and Ashish Mathur. Kejriwal, national convenor, was arrested by anti-money laundering agency on March 21. Physical production ordered.
Russia issues arrest warrant for Yulia Navalnaya, accusing her of involvement in an extremist organization. Navalnaya, widow of opposition leader Alexei Navalny, denounces the warrant and vows to carry on his work. Navalnaya's team refutes the allegations. Navalnaya has been actively opposing Putin's government from abroad.
An expert surgeon who has closely studied the photographs of Joe Biden over the years has said that the president has undergone numerous surgeries and hair transplants to keep up with his looks. It is estimated that Biden spent $145,000 to undergo a transformation.
A resort owned by the family of Samajwadi Party leader Azam Khan was demolished by authorities for being built illegally on government land. The action was taken to free 0.038 hectare of land belonging to a fertilizer unit in Rampur. Khan is currently in jail in a separate case.
Gautam Gambhir, renowned for his pivotal role in India's cricketing triumphs, has been appointed as the new Head Coach of the Indian cricket team. Taking over from the upcoming Sri Lanka series, Gambhir brings extensive experience and strategic acumen, having led Kolkata Knight Riders to IPL victories. He expressed deep honor and commitment, aiming to nurture young talent and foster a culture of excellence. The BCCI praised his leadership qualities and vision, foreseeing a successful journey under... Читать дальше...
The food services sector in India is set to grow at a CAGR of 8.1% from 2024-2028, reaching Rs 7.8 lakh crore by FY28. According to the report, rising incomes, urbanisation and changing lifestyles are significantly increasing the frequency of dining out.
Reliance Infrastructure has withdrawn its appeal from the Supreme Court against a Delhi High Court order that restrained it from "selling, alienating, transferring or encumbering its assets." This case involves an arbitration award worth $135.32 million, which was won by Shanghai Electric Group Co Ltd against Anil Ambani's firm.
Episode #1112 of One Piece is set to introduce a pivotal narrative twist in the ongoing arc, injecting a refreshing change amidst the intense action unfolding on Egghead Island.
Nifty soared to a new record high on Tuesday, forming a bullish pattern on the charts. After breaking through the 24,400 resistance level, the next target for the index could be 24,960. The momentum indicator showed bullish trade on the counters of BASF India, Kaynes Technology, Hindustan Aeronautics, Britannia Industries, and Colgate-Palmolive (India).