India is turning to its overseas community to boost its foreign currency inflows, with banks expected to offer substantial leverage on special foreign-currency deposits. This comes after the Reserve Bank of India (RBI) cleared lenders to extend loans against such deposits.Earlier on Tuesday, the apex bank said that lenders can extend loans to overseas residents…
Infosys Chairman Nandan Nilekani sent a ‘calming message’ to shareholders at the company’s 45th Annual General Meeting (AGM). Addressing shareholders, Nilekani answered what has been the biggest worry of most analysts and shareholders about software companies. “AI will not replace companies like ours. It will amplify those who move with purpose and adapt with speed,”…
There comes a point when almost everyone notices it. A silver strand near the temple. A few greys hiding in the parting. Then suddenly, one day, there are enough of them that ignoring them is no longer an option.And with that comes the question many people know all too well: Do I colour my hair,…
Congress senior leader Jairam Ramesh gives his views on Cockroach Janta Party NEW DELHI: Congress leader Jairam Ramesh on Wednesday said the Cockroach Janata Party (CJP) movement is an important vehicle for sending a message of frustration on the part of the youth, but ultimately established political parties have to take the issues raised by…
Kerala HC invalidates BJP councillors’ oaths taken in names of deities, Mother India NEW DELHI: The Kerala high court on Wednesday ruled that elected local body representatives must take their oath strictly in the manner prescribed by law, declaring invalid the oaths of several BJP councillors in the Thiruvananthapuram Corporation who invoked the names of…
The dream, the gap and Indian Basketball’s future TimesofIndia.com in SINGAPORE: By the time The Velammal International School took the floor on Tuesday morning, the first impressions of the NBA Rising Stars Invitational had already been formed.South Korean teams had looked physically imposing. The Australians brought size and pace. Japanese teams moved with the confidence…
Photo credit: FlightGlobal China’s new airborne early warning and control aircraft, the KJ-3000, is drawing attention from military planners across the world.Based on the indigenous Y-20B strategic transport aircraft, the KJ-3000 is expected to become one of the most advanced airborne surveillance platforms in China’s inventory. The Y-20B is among the largest transport aircraft currently…
Deep in the rainforests of far north Queensland, Australia, scientists have discovered a tiny spider with an extraordinary hunting strategy. Nicknamed the “ballista spider”, the newly described species uses a silk-powered trap that launches prey into its web with accelerations reaching up to 140 times the force of gravity. Researchers say the spider specifically targets…
Actor R Madhavan received one of the country’s most prestigious civilian honours, the Padma Shri, thus, marking another significant achievement in his celebrated career. As congratulatory messages poured in from across the film industry and among his fans, his wife Sarita Madhavan penned an emotional for him. While Madhavan was honoured with a Padma Shri…
A Pakistani delivery driver who raped a vulnerable woman shortly after she left a hospital in West Sussex has been sentenced to eight years and three months in prison.Suleman Mukaish, 27, who was living in the UK on a student visa, carried out the attack in a car park near Worthing Hospital on March 11…