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Srinagar, Jul 3 (PTI) The annual Amarnath Yatra began on Thursday with the first batches of pilgrims setting off from the twin base camps in Baltal and Nunwan towards the 3880-metre-high cave shrine in the south Kashmir Himalayas, which houses a naturally formed ice-lingam, officials said. The yatra started early morning from the twin tracks -- the traditional 48-km Nunwan-Pahalgam route and the 14-km Baltal route. The batches of pilgrims, including men, women and sadhus, left from the Nunwan ...Read More >
India's balance of payments (BoP) recorded a $13.5 billion current account surplus in the fourth quarter of fiscal year 2025 (Q4FY25), equivalent to 1.3 per cent of GDP. This surplus, driven by robust services exports and remittances, paints a picture of external sector strength. However, it conceals significant vulnerabilities in merchandise trade, capital inflows, and domestic demand. In fiscal year 2025 (FY25), the current account deficit (CAD) moderated to -0.6 per cent of GDP, an unusual o ...Read More >
1. India: New strategy on FX volatility The Indian Respondents' Bank (RBI) is allowing more volatility on the USD/INR exchange rate, prompting many companies to hedge with forward contracts. This is the highest level of coverage since 2020. We thank in advance our Official Broker Partner PEPPERSTONE who supported us in writing this article. FX Impact: Potential weakening of the rupee in the short term, but increased stability in the medium-long term. Volatility on USD/INR, EUR/INR, JPY/INR ...Read More >
The Current Account Deficit or CAD (as per cent of GDP) is projected at 1.0 per cent in FY25 and 0.9 per cent in FY26, while the fiscal deficit is estimated at 4.4 per cent, according to a CareEdge Ratings report. India's GDP is projected to grow at 6.2 per cent in FY26, with CPI inflation around an average 4.0 per cent, a report showed on Friday, adding that it does not expect any further rate cuts from the RBI "unless downside risks to growth materialise". The Current Account Deficit or CAD ...Read More >
Mumbai, June 27 (SocialNews.XYZ) India's GDP is projected to grow at 6.2 per cent in FY26, with CPI inflation around an average 4.0 per cent, a report showed on Friday, adding that it does not expect any further rate cuts from the RBI "unless downside risks to growth materialise". The Current Account Deficit or CAD (as per cent of GDP) is projected at 1.0 per cent in FY25 and 0.9 per cent in FY26, while the fiscal deficit is estimated at 4.4 per cent, according to a CareEdge Ratings report. "T ...Read More >
Ghaziabad (UP) Jun 26 (PTI) Chief Minister Yogi Adityanath on Thursday said that Uttar Pradesh will generate 20,000 megawatts of renewable energy by 2027. He said this after laying the foundation stone, along with Union minister Jitendra Singh, for a greenfield data centre at Sahibabad here. According to an official statement, Adityanath expressed his pleasure at the new data centre being developed by Central Electronics Limited (CEL). "This is a strong step towards the Prime Minister Narendr ...Read More >
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the four ...Read More >
Lucknow, Jun 26 (PTI) India rejoiced again as the Space-X spacecraft with Lucknow-born astronaut Shubhanshu Shukla on board landed at the International Space Station (ISS) on Thursday. 'Bharat Mata ki jai', 'India-India' and 'Hip Hip Hurray' chants intermingled with resounding applause after the Dragon spacecraft docked to the orbital laboratory after a 28-hour journey around the earth. After joining for Wednesday's successful liftoff from Kennedy Space Centre in Florida, marking India's retur ...Read More >
Meerut (UP), Jan 10 (PTI) Five members of a family, including three children aged eight, four and one whose bodies were stuffed in sacks and kept in a bed box, were found killed in their home, police said on Friday. Two persons were detained for the sensational murders that shocked this Uttar Pradesh town. Several suspects have also been taken into custody for the killing that came to light on Thursday night. The bodies of the parents were wrapped in bedsheets. And all five had deep head injuri ...Read More >
Sambhal (UP), Dec 15 (PTI) Weeks after violent clashes over a court-ordered survey of the Shahi Jama Masjid claimed four lives, the district administration has launched a campaign against encroachments and illegal power theft in the area around the historic mosque. As part of its efforts, the administration began removing encroachments from the area on Sunday morning. According to Additional Superintendent of Police (ASP) Shrish Chandra, the focus is on clearing drains outside houses and shops ...Read More >
New Delhi [India], December 15 (ANI): CareEdge Ratings expects the central government to continue on the path of fiscal consolidation and projects India's GDP growth to moderate but remain healthy at 6.5 per cent in the current financial year. For the next financial year, 2025-26, it pegged India's GDP growth at 6.7 per cent, in a webinar held on Economic and Sector Outlook for 2025. Despite global uncertainties, CareEdge Ratings asserted that India will continue to hold steady in 2025. The R ...Read More >
Emerging market currencies fell against a stronger dollar after U.S. President-elect Donald Trump announced wide-ranging tariffs on imports from Canada, Mexico, and China. Mexico's peso and the Canadian dollar reached new lows, while South Africa's rand and Hungary's forint also weakened. Economists predict increased uncertainty amid Trump's tariff policies. Emerging market currencies saw a decline against the dollar as U.S. President-elect Donald Trump announced plans to impose major tariffs o ...Read More >
VANCOUVER, BC, Nov. 18, 2024 /PRNewswire/ -- BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) ("BioVaxys" or the "Company") is pleased to announce that it intends to complete a non-brokered private placement offering (the "Offering") consisting of up to an aggregate of 14,285,715 units of the Company (each, a "Unit") at a price of CAD$0.07 per Unit for gross proceeds of up to CAD$1,000,000. Each Unit consists of one (1) common share in the capital of the Company (each, a "Share") and one (1) wh ...Read More >
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