Mumbai, Aug 3: The Reserve Bank of India is expected to maintain the key short-term lending rate, or repo rate, at 5.5% in its upcoming monetary policy review on Wednesday, despite economic headwinds and persistent uncertainty over US tariffs. According to leading economists, the central bank may opt for a wait-and-watch approach after having already delivered three consecutive rate cuts totalling 100 basis points. The Monetary Policy Committee (MPC), chaired by RBI Governor Sanjay Malhotra, wi...Read More
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. SharpLink bought the dip and added another $100M-worth of $ETH to its Ethereum treasury. Arkham pointed out that the address that moved the $ETH already bought another $800M previously for SharpLink Gaming, with the latest transaction of $108.6M going to Galaxy Digital OTC. Data from Strategic ETH Reserve places SharpLink Gaming second on the list of companies with the largest $...Read More
Bhubaneswar: Enforcement Directorate (ED) on Sunday arrested Partha Sarathi Biswal, managing director of a Bhubaneswar-based private company, in connection with an alleged fake bank guarantee case.The ED probe stemmed from a case registered by the economic offences wing of Delhi Police against the company and its directors for allegedly providing a fake bank guarantee submitted to a central PSU."The company fraudulently arranged and submitted fake bank guarantees of Rs 68.2 crore along with forg...Read More
New Delhi, Aug 3: India's annual oil import bill could rise by USD 9-11 billion if the country is compelled to move away from Russian crude in response to US threats of additional tariffs or penalties on Indian exports, analysts said. India, the world's third-largest oil consumer and importer, has reaped significant benefits by swiftly substituting market-priced oil with discounted Russian crude following Western sanctions on Moscow after its invasion of Ukraine in February 2022. Russian oil, ...Read More
Nagpur: A call threatening to blow up the residence of Union minister Nitin Gadkari in the city on Sunday morning prompted a swift response from the security agencies and Nagpur police, leading to the arrest of a liquor shop employee within two hours. The call, made to the emergency helpline no. 112 at 8.46am, claimed a bomb would detonate at Gadkari's residence within 10 minutes. Bomb squads were dispatched, and security around Gadkari's residence near Jaiprakash Nagar Metro Station and Mahal w...Read More
Nagpur: The state government has banned the immersion of Lord Ganesh's Plaster of Paris (POP) idols in natural water bodies. A fresh set of guidelines, issued on August 1, introduces stricter norms. Under the new rules, all POP idols must carry a red circle painted on their back and be immersed only in artificial ponds.The norms aim to curb water pollution and promote eco-conscious rituals for a greener Ganeshotsav. "Every POP idol, big or small, must now have a painted red dot using oil paint. ...Read More
Hyderabad: Six information technology (IT) professionals were arrested by prohibition & excise sleuths for allegedly being in possession of drugs at a birthday party at a farmhouse in Medipally village in Shankarpally on Saturday night. They also seized 0.05 grams LSD blots, hashish oil, a scotch bottle and three cars -- BMW, Jeep and Datsun Go -- from their possession.The arrested accused were identified as Abhijith Banerjee, Simpson, Parthu, Goyal, Yashwanth Reddy and Sevio Dennis.Excise offic...Read More
Hyderabad: The Kaleshwaram project was characterised by "rampant and brazen procedural and financial irregularities", the Justice P.C. Ghose commission of inquiry is learnt to have concluded in its report. The commission is learnt to have indicated that such unabashed level of laws being ignored, or rules violated, were likely a result of "sole decision taking" by then-Chief Minister K. Chandrashekar Rao, starting with him picking locations for the Medigadda, Annaram and Sundilla barrages. The ...Read More
Nagpur: The licences of eight Krishi Seva Kendras (agriculture service centres) have been suspended, and sales at two others were halted due to irregularities in the sale of chemical fertilisers -- urea and DAP. The action followed a probe conducted by the district agricultural superintendent.Inspections carried out by taluka-level quality control inspectors and flying squads revealed violations at several centres, including Om Ganesh, Rohit, Himanshu, Vaibhav, Mauli, and Shri Krishna Krishi Sev...Read More
Nagpur: In a heart-warming initiative, 800 brothers are set to adorn their wrists with rakhis prepared by Nagpur central jail's women inmates. The inmates will also tie rakhis on the wrists of prison personnel, fostering a symbolic bond of brotherhood in a unique celebration of rakshabandhan, informed DySP (prisons) Deepa Aagey. "Sweets and other eatables from the prison canteen would be made available on the day of rakshabandhan," she said.The Maharashtra prison dept has set up a dedicated stal...Read More
Raipur (Chhattisgarh) [India], August 3 (ANI): Ahead of the inauguration of Chhattisgarh assembly new building in Nava Raipur on November 1, Chief Minister Vishnu Deo Sai stated that the inauguration to be conducted on the Rajyotsav Silver Jubilee will be celebrated with full enthusiasm. We will celebrate the silver jubilee with full enthusiasm and invite PM Narendra Modi for the inauguration of the Assembly building... We have all come here to see the progress, and the work on it might as well...Read More
Hyderabad: Amid the ongoing uncertainty regarding when the state govt will receive funds from the Centre for the Metro phase-II project, preparations have gathered pace in the Old City.In addition to demolitions and the disbursement of compensation, activities that have been underway for over five months, officials have begun identifying locations for the construction of concrete pillars for the elevated corridor, marking a significant development.Several such locations have already been identif...Read More
Aizawl, Aug 3 ( PTI) Over 1.30 lakh farmers in Mizoram have received financial assistance amounting to more than Rs 38 crore under the 20th instalment of Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Yojana, officials said on Sunday. Under the country's flagship farmer support scheme, Prime Minister Narendra Modi had on Saturday released a total of Rs 20,500 crore to about 9.7 crore cultivators across the country through Direct Benefit Transfer from Varanasi in Uttar Pradesh, they said. "On Sat...Read More
New Delhi, Aug 03: Since its launch in 2016, the Pradhan Mantri Fasal Bima Yojana (PMFBY) has insured 78.41 crore farmer applications up to June 30, 2025.During this period, around 22.67 crore farmers have received compensation amounting to Rs 1.83 lakh crore, highlighting the scheme's wide reach and impact in supporting farmers against crop loss, informed Ramnath Thakur, Minister of State for Agriculture and Farmers Welfare in a written reply to Rajya Sabha on August 1.Pradhan Mantri Fasal Bima...Read More
Raipur: Chhattisgarh deputy chief minister Vijay Sharma who holds home portfolio on Sunday indicated that his government is working on a stricter law to curb religious conversion in the state and may bring a legislation in this regard in the coming winter session of the Assembly. Mr. Sharma said the state government is working on the plan to make the existing Chhattisgarh Freedom of Religion Act more stringent and as many as 52 meetings were held so far for the purpose. "We are planning to bri...Read More
JAMMU: National Hydroelectric Power Corporation (NHPC), through its Regional Office Jammu, and Relief and Rehabilitation Commissioner (M) Office, J&K, today signed a Memorandum of Understanding for the Development of Bhadrakali Temple as a Cultural Heritage Centre at Village Thalwal, Jammu Lieutenant Governor Manoj Sinha presided over the MoU signing ceremony at Raj Bhawan. He lauded the initiative of NHPC under its Corporate Social Responsibility (CSR) programme. Bhadrakali Temple, nestled on...Read More
Dehradun (Uttarakhand) [India], August 3 (ANI): The Narcotics Control Bureau (NCB), Dehradun Zonal Unit, has busted a major interstate syndicate involved in the illegal diversion and distribution of pharmaceuticaldrugs, primarily Tramadol and Alprazolam, across Uttarakhand and western Uttar Pradesh, especially in the districts of Muzaffarnagar, Saharanpur, and Bareilly. The operation commenced with a case registered on 12.05.2025, following a raid at a medical store in Vikasnagar, Dehradun, whi...Read More
Bhavnagar (Gujarat) [India], August 3 (ANI): Union Railway Minister Ashwini Vaishnaw held a 'Viksit Bharat Samvad' with traders, merchants, industrialists, and prominent citizens at Iskcon Fern in Gujarat's Bhavnagar. Speaking about India's robust and continuously growing economy compared to other countries, the Railway Minister stated that while global economies have seen declining growth rates post the COVID-19 pandemic, India has witnessed a consistent rise in its growth rate--a matter of bo...Read More
Bhubaneswar: Chief Minister Mohan Charan Majhi on Sunday announced that land acquisition for a proposed mega steel plant in Keonjhar district will commence shortly, with the company involved having already deposited the required funds. The project, a joint venture between the JSW Group and South Korean steel major POSCO, will involve an investment of over Rs 40,000 crore. The plant is expected to have an initial capacity of 5 million tonnes per annum (MTPA). "The process is in an advanced stag...Read More
Aizawl, Aug 3 (UNI) Biometric registration of refugees from Myanmar and Bangladesh is now underway across all 11 districts of Mizoram, with state home department officials confirming that the process began in the final days of July. According to official estimates, more than 32,000 refugees from Myanmar and over 2,000 from Bangladesh are to be enrolled. District administrations began rolling out the biometric exercise on varying dates -- some initiated the process on July 28 and 29, while most ...Read More
Jammu, Aug 03: Lieutenant Governor Manoj Sinha today addressed the Viksit Bharat-Yuva Connect Programme's valedictory event at University of Jammu. Aligned with the vision of Viksit Bharat @2047, Yuva Connect Programme leverages My Bharat platform to promote dialogue, empowerment and active participation of youth and bridges the gap between young citizens and policymakers. In his address, the Lieutenant Governor called upon the young minds to harness the potential of knowledge and contribute t...Read More
India's Tightrope Walk: Balancing Relations with Russia and teh West Amidst Ukraine War India finds itself in a complex geopolitical position as the war in Ukraine continues. While maintaining a historically strong relationship with Russia, notably in defense, India is also navigating increasing pressure from Western nations - especially the United States - to curtail its economic ties with Moscow. Recent accusations and threats are intensifying this delicate balancing act. Let's explore the si...Read More
Gandhinagar, Aug 3 (SocialNews.XYZ) The Directorate of Agriculture, Gujarat, has activated control rooms at the state, district, and taluka levels to to address farmers' grievances on fertiliser distribution. A dedicated state-level helpline number -- 079-23256080 has been announced, enabling farmers to directly report issues related to fertiliser availability, delivery delays, or any distribution-related grievances. This line will remain operational daily from 8 a.m. to 8 p.m., ensuring quick ...Read More
Kolkata: The city experienced another humid day with scattered morning rain and a sharp spell of evening shower, even as the maximum temperature reached 31.6°C, a degree less than Saturday's maximum. With the monsoon trough having slipped up north, rain will remain scanty and sporadic over the next few days, said the Met office. North Bengal, however, could receive heavy rain over the next 48 hours. Kolkata recorded 9.6 mm of rain following a month of heavy rain in July, which turned out to be t...Read More
Ballikurava/Berhampur, Aug 3 (PTI) Six migrant workers from Odisha were killed and at least three others injured after a massive granite rock fell on them at a quarry in Andhra Pradesh's Bapatla district on Sunday. According to the police, the accident occurred around 10.30 am when 10 to 15 workers were engaged in mining works. Odisha Chief Minister Mohan Charan Majhi expressed grief over the accident and announced an ex gratia of Rs 4 lakh for the next of kin of each deceased. "All victims a...Read More
India's Crude Oil Imports From U.S. Jump 51% Since Donald Trump's Return To White House India has sharply increased crude oil imports from the US during President Donald Trump's second term, marking a major energy policy shift. In the first half of 2025, US crude imports rose over 50% year-on-year, reaching 0.271 million barrels per day. The April-June quarter saw a 114% surge, with the value rising from $1.73 billion to $3.7 billion. In July, imports rose 23% over June, increasing the US share...Read More
NEW DELHI: Air India's Delhi-London flight AI 2017 Thursday had to return to the terminal after taxiing out as the pilots suspected a snag in the Boeing 787 Dreamliner (VT-TSN). The airline then arranged another Dreamliner (VT-TSP) which took off around 6pm. Both these B787s are ex-Vistara. In the past few days, the relatively new aircraft of erstwhile Vistara (it was merged into AI last Nov) have seen some snags.An AI spokesperson said: "Flight AI2017 operating from Delhi to London on July 31 r...Read More
Mumbai (Maharashtra) [India], August 3 (ANI): In a major crackdown on narcotics smuggling, officers of the Airport Commissionerate, Mumbai Customs Zone-III, have seized 14.738 kgs of suspected NDPS hydroponic weed (marijuana) valued at approximately Rs 14.73 crore during operations on Sunday. The seizures were made across Chhatrapati Shivaji Maharaj International Airport (CSMI), resulting in the arrest of one passenger, as stated in the press release. The passenger was arrested under the provi...Read More
New Delhi [India], August 3 (ANI): After a senior Army officer allegedly assaulted four SpiceJet ground staff members at Srinagar Airport on July 26, the Indian Army on Sunday issued a statement saying it is fully cooperating with the authorities in the investigations into the case. The Army said it is aware of the incident and emphasised its commitment to high standards of discipline. It also assured full cooperation with authorities in investigating the matter. As per the statement from the...Read More
New Delhi [India], August 3 (ANI): Prime Minister Narendra Modi on Sunday hailed the recent commissioning of India first Make-in-India Green Hydrogen Plant in the Deendayal Port at Kandla in Gujarat as a commendable effort, powering the country Net-Zero vision. In a historic milestone towards India clean energy transition, Deendayal Port Authority (DPA) on Thursday commissioned the country first Make-in-India 1 Megawatt Green Hydrogen Plant at Kandla, Gujarat. This is a commendable effort, cha...Read More