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Jammu: Directorate of School Education Jammu (DSEJ) has declared Pooja holidays for all government and recognised private schools across Jammu Division from October 19 to October 23, 2025. According to an order issued by the Director School Education Jammu (DSEJ) said It is hereby ordered that all the Government Educational institutions and also recognized Private School (s) upto Higher Secondary levels (Summer /Winter Zones) of Jammu Division shall observe Pooja Holidays w.e.f 19-10-2025 to 23 ...Read More >
Bengaluru - An investor group including Singapore's Temasek, BlackRock, Microsoft and Nvidia is buying one of the world's biggest data centre operators with nearly 80 facilities in a deal worth US$40 billion (S$51.8 billion) to secure coveted computing capacity for artificial intelligence (AI). The deal is the biggest-ever data centre transaction as companies race to lock in AI computing power. Aligned Data Centers, which is based in Texas, currently has 50 campuses in the United States and So ...Read More >
NEW DELHI: A team of Indian officials led by commerce secretary Rajesh Agarwal is once again headed to the US for talks on the proposed bilateral trade deal, amid indications that Trump administration is keen to move ahead.Officials indicated that delegation would visit Washington this week itself as the two sides seek to thrash out a deal in a few weeks. The move comes just a day after US ambassador-designate Sergio Gor met PM Modi and held discussions with Agrawal. "During my visit to India, I ...Read More >
BENGALURU: A day after Biocon chief Kiran Mazumdar-Shaw highlighted Bengaluru's "creaking" infrastructure, Karnataka's deputy CM D K Shivakumar Wednesday accused her of "betrayal" and of tarnishing the very state and country that helped her succeed as an entrepreneur.However, people sprang to her defence, accusing the government of displaying hostility towards those who speak up, and of refusing to accept constructive criticism.On her part, Shaw on Wednesday blamed previous governments' inaction ...Read More >
NEW DELHI: Employees' Provident Fund Organisation's (EPFO) move to allow withdrawals of up to 75% of the corpus will make life easier for its over 7 crore subscribers, while the norms around 25% balance are meant to ensure a healthy kitty, without imposing any restrictions on pension or PF payment at the time of retirement, a top official said. "The idea is to empower members and repose trust. The changes are meant to pave the way for automated settlement of claims," Central Provident Fund commi ...Read More >
BENGALURU, Oct 15 (Reuters) - The Indian city of Ahmedabad in the state of Gujarat has been recommended as the host city for the 2030 Centenary Commonwealth Games, the Commonwealth Sport Executive Board said on Wednesday. The board said it will propose Ahmedabad, also known as Amdavad, in the western Indian state of Gujarat, to the full Commonwealth Sport membership for approval at the General Assembly in Glasgow on November 26. The recommendation follows an evaluation process of candidate cit ...Read More >
BENGALURU - The Indian city of Ahmedabad in the state of Gujarat has been recommended as the host city for the 2030 Centenary Commonwealth Games, the Commonwealth Sport Executive Board said on Oct 15. The board said it will propose Ahmedabad, also known as Amdavad, in the western Indian state of Gujarat, to the full Commonwealth Sport membership for approval at the General Assembly in Glasgow on Nov 26. The recommendation follows an evaluation process of candidate cities. Both Ahmedabad and Ab ...Read More >
MUMBAI/NEW DELHI, Oct 15 (Reuters) - India's market regulator late on Wednesday issued an order against two officials of the country's federal power regulator alleging they traded on price-sensitive information in shares and derivatives of Indian Energy Exchange (IIAN.NS), opens new tab (IEX). The Securities and Exchange Board of India (SEBI) said two officials at the Central Electricity Regulatory Commission (CERC), along with related persons, traded in IEX derivatives and shares ahead of a po ...Read More >
SYDNEY (Reuters) -Australia and India will strengthen maritime security and defence industrial cooperation, signing an agreement on mutual submarine rescue during the first annual defence ministers dialogue in Canberra, a joint statement said. Indian Defence Minister Shri Rajnath Singh made the first visit by an Indian defence minister to Australia in more than a decade on Thursday. A statement released by Australia after his meeting with Defence Minister Richard Marles said they agreed to pur ...Read More >
Oct 9 (Reuters) - India's payments authority National Payments Corporation of India and fintech firm Razorpay have collaborated with Microsoft-backed (MSFT.O), opens new tab OpenAI to launch AI-driven payments on ChatGPT, the companies said on Thursday. The initiative, currently in the pilot stage, will allow users to make purchases on ChatGPT, facilitated by India's homegrown payments network Unified Payments Interface (UPI). The pilot will evaluate how the service can be expanded across vert ...Read More >
NEW DELHI, Oct 9 (Reuters) - India captain Shubman Gill ruled out a drop in their intensity and said they will field their strongest playing XI in their pursuit of a 2-0 series sweep against a demoralised West Indies in the final test beginning on Friday. India thumped West Indies by an innings and 140 runs inside three days of the opening test in Ahmedabad and look on course to win their first test series under Gill's captaincy at Delhi's Arun Jaitley Stadium. West Indies were blanked 3-0 by ...Read More >
(Reuters) -U.S. stock index futures rose on Monday, building on gains from last week as a flurry of AI-related dealmaking and softer labor market trends bolstered expectations for an interest-rate cut. The resilience in equities came despite the federal government shutdown showing little signs of resolution, underscoring the persistent appetite for tech stocks and an increased focus on the upcoming earnings season for cues on the trajectory of the economy. "The current AI infrastructure buildo ...Read More >
BENGALURU (Reuters) -The Reserve Bank of India on Tuesday proposed changes to the way banks assign risk weightage to loans and the so-called expected credit loss (ECL) framework, in a move aimed at aligning domestic regulations with global norms. The proposed changes seek to ease the risk weightage, or capital that must be set aside, for different types of loans. Major changes include differentiated risk weights for corporate loans, loans to micro, small and medium enterprises (MSMEs) as well ...Read More >
NEW DELHI (Reuters) -India's air safety regulator has sought more information from Boeing Co after an emergency power system was activated on an Air India 787 Dreamliner on Saturday, a government source with direct knowledge of the matter said. Boeing and Air India spokespersons did not immediately respond to requests for comment. The crew of the aircraft - which was flying from the northern Indian city of Amritsar to Birmingham, UK - detected deployment of the power system, known as the Ram A ...Read More >
A Palestinian woman carries belongings as she walks amid debris at a United Nations school where displaced people were taking shelter, after it was hit in overnight Israeli strikes, amid an Israeli military operation, at Zeitoun neighbourhood in Gaza City NEW DELHI (Reuters) -It is highly unlikely that UN peacekeeping forces will be deployed in Ukraine or Gaza given the composition of the United Nations Security Council, a senior Indian defence ministry official said on Wednesday. The official ...Read More >
MUMBAI, October 1 (Reuters) -The Indian rupee nudged higher on Wednesday in a modest advance that was still enough to notch its best day in two weeks after the Reserve Bank of India kept policy rates unchanged and the dollar slipped broadly as the U.S. government shut down. The rupee closed at 88.69 against the U.S. dollar, up 0.1% on the day, the most since September 17. The rupee hasn't gained in nine out of the last 10 sessions. Meanwhile the dollar slipped to a one-week low against major pe ...Read More >
MUMBAI, Oct 1 (Reuters) - The Reserve Bank of India (RBI) kept its key repo rate unchanged at 5.50% on Wednesday, in line with market expectations, as it evaluates the impact of earlier rate cuts and recent tax reductions amid global trade uncertainties. The central bank had cut the repo rate (INREPO=ECI), opens new tab by a total of 100 basis points in the first half of 2025, but paused at its previous meeting in August. The six-member rate-setting panel voted unanimously to keep the key repo ...Read More >
MUMBAI (Reuters) -The Reserve Bank of India (RBI) kept its key repo rate unchanged at 5.50% on Wednesday, in line with market expectations, as it evaluates the impact of earlier rate cuts and recent tax reductions amid global trade uncertainties. The central bank had cut the repo rate by a total of 100 basis points in the first half of 2025, but paused at its previous meeting in August. The six-member rate-setting panel voted unanimously to keep the key repo rate at 5.50% and decided to contin ...Read More >
[BENGALURU] Gold prices edged higher on Wednesday (Oct 1), hovering near record levels as the US moved closer to a government shutdown, bolstering safe-haven demand, while weak US labour data reinforced expectations of further Federal Reserve rate cuts. Spot gold was up 0.2 per cent at US$3,861.22 per ounce, as at 8.30 am. Bullion logged about 12 per cent rise in September, making it the metal's sharpest monthly rise since August 2011. US gold futures for December delivery gained 0.4 per cent ...Read More >
CHENNAI: Nine workers were killed in an accident at a thermal power plant under construction in the southern Indian city of Chennai. The incident occurred when a steel arch collapsed at a construction site at the Ennore SEZ Supercritical Thermal Power Project. J. Radhakrishnan, secretary of the Tamil Nadu Electricity Board and chairman of the plant's owner, Tamil Nadu Generation and Distribution Corporation, confirmed the details. Radhakrishnan said one person was injured in the accident in a ...Read More >
Bengaluru - Nike on Sept 30 reported a surprise rise in first-quarter revenue and beat profit expectations as the storied sportswear brand's turnaround effort gained traction despite weakness in China and tariffs pressuring margins. The company also managed to clear some of its bloated inventory and wholesale revenues returned to growth in a sign of early success for chief executive Elliott Hill's plan to get Nike back to its former glory. Executives warned the recovery was still a way off. W ...Read More >
MUMBAI: India is expected to receive above-average rainfall in October, following above-normal precipitation in September, a senior weather department official said on Tuesday. Above-average rainfall in October could damage summer-sown crops such as rice, cotton, soybeans, corn, and pulses, which are nearing harvest. The country is likely to receive above-average rainfall of more than 115 percent of the 50-year average in October, Mrutyunjay Mohapatra, director-general of the India Meteorologic ...Read More >
New Delhi: Hamas has issued its first reaction to Donald Trump's 20-point peace proposal for Gaza. In its response, Hamas has described it as Israel's proposal. Hamas officials say that this entire proposal has been designed to benefit Israel. "We will not lay down our arms under any circumstances," said Hamas. Speaking to Reuters, a senior Hamas official said, "The USA is trying to eliminate Hamas from Palestine. The US proposal states that Hamas must lay down its arms and its fighters must le ...Read More >
New Delhi: A US-sponsored ceasefire proposal for Gaza on Tuesday was hinging on Hamas's response to the 20-point plan which President Donald Trump has said was "beyond very close" to ending the two-year-old conflict in the enclave. Mediators Qatar and Egypt shared the document with Hamas late on Monday after Israeli Prime Minister Benjamin Netanyahu stood alongside Trump at the White House and pledged his support for the proposal because he said it met Israel's war aims. Hamas was not involved ...Read More >
NEW DELHI, Sept 30 (Reuters) - India's trade pact with four European nations, including Switzerland and Norway, will take effect from Wednesday, boosting exports of textiles, leather and food products while attracting investments, a government statement said. Under the Trade and Economic Partnership Agreement, opens new tab, signed last March after nearly 16 years of negotiations, the European Free Trade Association - comprising Switzerland, Norway, Iceland and Liechtenstein - will cut tariffs ...Read More >
NEW DELHI (Reuters) -India's trade pact with four European nations, including Switzerland and Norway, will take effect from Wednesday, boosting exports of textiles, leather and food products while attracting investments, a government statement said. Under the Trade and Economic Partnership Agreement, signed last March after nearly 16 years of negotiations, the European Free Trade Association - comprising Switzerland, Norway, Iceland and Liechtenstein - will cut tariffs on 92.2% of tariff lines ...Read More >
BENGALURU: Boeing is in the early stages of developing a new single-aisle airplane that would eventually replace the 737 MAX, the Wall Street Journal (WSJ) reported on Monday, citing people familiar with the matter. Reuters could not immediately confirm the report. Rolls-Royce declined to comment, while Boeing did not respond to a Reuters' request for comment. The 737 MAX entered service in 2017 but was grounded globally in 2019 after two fatal crashes killed 346 people. The incidents slashed ...Read More >
MUMBAI, Sept 30 (Reuters) - The Indian rupee posted its fifth consecutive monthly fall against the U.S. dollar, and hit a record low on Tuesday, as trade tensions between India and the United States escalated, pushing up dollar demand. The rupee settled at 88.7875 against the U.S. dollar, its weakest ever closing level, and down slightly from its close of 88.7600 on Monday. Earlier in the day, the currency declined to an all-time low of 88.8000. The currency fell 0.7% in September, posting it ...Read More >
MUMBAI, Sept 30 (Reuters) - India's imports of gold and silver nearly doubled in September from August, defying record high prices, as banks and jewellers rushed to build inventories ahead of festivals and escape higher taxes on imports, trade and government sources said. Higher imports by India, the world's second-biggest consumer of the precious metal, are set to support gold prices that hit records this week, even as demand languishes in top buyer China. The surge in imports could widen Ind ...Read More >
MUMBAI (Reuters) -India's imports of gold and silver nearly doubled in September from August, defying record high prices, as banks and jewellers rushed to build inventories ahead of festivals and escape higher taxes on imports, trade and government sources said. Higher imports by India, the world's second-biggest consumer of the precious metal, are set to support gold prices that hit records this week, even as demand languishes in top buyer China. The surge in imports could widen India's trade ...Read More >
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