The government is set to soon notify changes under the Foreign Exchange Management Act (FEMA) that will ease foreign direct investment (FDI) norms for overseas companies with up to 10 per cent Chinese shareholding, a senior official told news agency PTI on Thursday.Once notified by the Department of Economic Affairs (DEA), the revised framework will…
Long ago, Indian kitchens ran on firewood, charcoal, and cow dung cakes. Today, almost every home runs on that one familiar blue flame: LPG.That familiar red gas cylinder is what keeps it all going. The steady blue flame is powered by LPG or Liquified Petroleum Gas, which has travelled a complex journey: crossing oceans, borders,…
India’s Rohit Sharma and Virat Kohli (PTI) Former India opener Shikhar Dhawan believes the reduced frequency of ODI cricket will not trouble Rohit Sharma and Virat Kohli as they prepare for the 2027 World Cup, pointing to their experience and professionalism as key factors.Having himself spent the latter part of his career as a one-format…
Chief Economic Adviser V Anantha Nageswaran on Thursday said the Indian economy is well placed to withstand external disruptions and emerge stronger, asserting that the country’s macroeconomic strength built in recent years provides a cushion against global uncertainty.Speaking to ANI, Nageswaran said India had sustained growth of over 7 per cent before the recent geopolitical…
The US economy grew at an annualised pace of 2 per cent in the January-March quarter recovering from the drag caused by last year’s 43-day federal government shutdown, though the outlook has been clouded by the ongoing Iran war, AP reported.The Commerce Department said on Thursday that gross domestic product (GDP), which measures the nation’s…
Angkrish Raghuvanshi had few words with the umpires. (AP Photo) MUMBAI: The prestigious Marylebone Cricket Club, which is the custodian of the laws of the game, on Thursday defended the umpires’ controversial decision to give Kolkata Knight Riders’ batter Angkrish Raghuvanshi out obstructing the field during an IPL 2026 match recently. Issuing a ‘Law clarification’…
Rohit Sharma with wife Ritika Sajdeh. (Pic credit: Ritika’s Instagram post) NEW DELHI: As Rohit Sharma turned 39 on Thursday, it was an emotional note from wife Ritika Sajdeh that stood out amid a flood of wishes from across the cricketing world.Taking to Instagram, Ritika penned a heartfelt message that quickly resonated with fans. “Happy…
Benchmark equity indices Sensex and Nifty closed nearly 1 per cent lower on Thursday as elevated crude oil prices, weak global cues and continued foreign fund outflows hurt investor sentiment.The 30-share BSE Sensex fell 582.86 points, or 0.75 per cent, to settle at 76,913.50. During the session, it plunged as much as 1,237.5 points, or…
Sunrisers Hyderabad’s Travis Head, and Abhishek Sharma (PTI Photo/Kunal Patil) Travis Head heaped rich praise on opening partner Abhishek Sharma, calling him one of the best spin-hitters he has ever seen, after Sunrisers Hyderabad pulled off a stunning record chase against Mumbai Indians at the Wankhede.The much-talked-about ‘Travishek’ duo once again lived up to its…
Value 360 Communications Limited will open its initial public offering (IPO) for subscription on May 4 with the public issue closing on May 6, according to a statement issued on Thursday by the company. The company plans to raise up to Rs 41.69 crore through the SME issue, which will be listed on NSE Emerge.The…