Reserve Bank of India’s special swap facility to attract foreign currency brought in $20.72 billion till July 17, with most of the money coming through Foreign Currency Non-Resident (Bank), or FCNR(B), deposits.The RBI said on Monday that the concessional swap scheme has seen steady foreign exchange inflows since it was launched on June 8, 2026….
Dubai turns to East Coast ports amid Hormuz tensions DP World is planning to develop a new port and a container terminal on the United Arab Emirates’ east coast in a move aimed at reducing Dubai’s reliance on its flagship Jebel Ali Port. It looks to create an alternative trade route that bypasses the Strait…
Two Indian-origin women, mother and daughter, were subjected to a grisly stabbing attack inside their house in Burbank in which the 59-year-old mother, Arti Varma, an elementary school teacher died. Her daughter Meera Varma, a noted mental health activist, was grievously injured but was said to be stable after both the women were taken to…
England’s Brendon McCullum and Ben Stokes (AFP Photo) Former England fast bowler and Ashes winner Steve Harmison has strongly criticised England’s current Test setup, saying head coach Brendon McCullum should step down following Ben Stokes’ international retirement announcement during the third Test against New Zealand at Trent Bridge.Harmison, who played 63 Tests and took 226…
Eye On Global Bond Index Inclusion NEW DELHI: Coordinated moves by government and Reserve Bank of India (RBI) on Friday are not just meant to improve foreign exchange inflows and boost the rupee but also meet a more long-term objective of deepening the government securities market with the entry of larger and stable players, widening…
The controversy surrounding Kala Hiran, the film inspired by Salman Khan‘s 1998 blackbuck poaching case, has taken a fresh turn. Producer Amit Jani has now issued a legal notice to veteran actor Govind Namdev after the latter publicly expressed disappointment and concern over the film’s teaser.Govind Namdev recently stated that he was shocked after watching…
NEW DELHI: Australian cricketer David Warner has once again hinted that his relationship with Sunrisers Hyderabad remains strained, revealing that the IPL franchise still appears to have him blocked on Instagram. Warner shared a screenshot of SRH’s profile on his Instagram story where the account showed up as “private”, something users usually see when they…
Photo credit: TOI/ Parking chaos at Fort St. George in Chennai Every day in every Indian city, from the cramped lanes of Old Delhi to the gated high-rises on Bengaluru’s Outer Ring Road, is a losing battle. Cars spill onto footpaths, two-wheelers clog intersections and residents welfare associations send angry messages about who parked where…
NEW DELHI: The Indian govt has strongly rejected the reference to J&K in an EU-Pakistan joint statement, issued during EU foreign policy chief Kaja Kallas’s visit to Islamabad this week, saying those who have no locus standi on such matters should desist from making any comment on them.According to the joint statement, Pakistan and the…
NEW DELHI: Former deputy chief minister Udhayanidhi Stalin on Tuesday reiterated his remarks calling for the “eradication” of Sanatan Dharma in the Tamil Nadu assembly.During his address as Leader of Opposition in the Tamil Nadu assembly, Udhayanidhi said the opposition “will not permit” any attempt to sideline “Tamil Thai Vazhthu”, the Tamil invocation song.“Sanatana Dharma,…