The United States may continue to lead the global economy, but its growing debt burden has emerged as the biggest risk to its economic pillar. According to a Deutsche Bank Research Institute report, America’s debt burden has emerged as the biggest threat to its long-term economic leadership, with mounting deficits and rising borrowing costs gradually…
Kalyan Banerjee and Abhishek Banerjee NEW DELHI: TMC leader Kalyan Banerjee on Saturday sought to soften his recent criticism of party general secretary Abhishek Banerjee, describing him ‘like his son’ days after accusing him of arrogance and publicly questioning his role within the party.His remarks came as the Mamata Banerjee-led party battles one of the…
According to draft directions issued by the central bank, NBFCs will be barred from offering revolving credit products and will be required to offer only credit facilities in the nature of term loans MUMBAI: RBI has proposed a sweeping overhaul of credit facility norms for non-banking financial companies, mandating a shift to term-loan structures while…
NEW DELHI: Prime Minister Narendra Modi on Friday said the “wave of change” in West Bengal has become visible after the first phase of polling and claimed that growing public support for the BJP is effectively signalling its victory in the Assembly elections.Addressing a rally at Panihati under the Dum Dum Lok Sabha constituency, with…
The collapse of talks between Iran and the US is likely to weigh on investor sentiment when markets open on Monday, analysts said, with crude oil prices and key macroeconomic data also set to drive trends in a holiday-shortened week, PTI reported.Stock markets will remain closed on Tuesday on account of Baba Saheb Ambedkar Jayanti.The…
Donald Trump and Xi Jinping (AI-image) US President Donald Trump on Friday said that China has agreed to buy more than 200 Boeing aircraft, with the deal potentially expanding to as many as 750 planes, following his visit to China where he met his counterpart Xi Jinping.Speaking to reporters, Trump said, “We’ve made a lot…
Contrary to popular opinion, no single country can claim exclusive ownership of biryani. Historians generally agree that the dish as we know it today is the result of centuries of cultural exchange, with its earliest roots in ancient Persia and its true evolution taking place in the Indian subcontinent. Scroll down to read more… Source…
The San Francisco 49ers are reportedly expected to pursue an edge rusher before training camp, with New York Giants defender Kayvon Thibodeaux emerging as a realistic trade target. NFL insiders believe San Francisco wants to strengthen its pass rush after struggling defensively last season. While stars like Maxx Crosby seem financially unrealistic, Thibodeaux’s rookie contract…
Govinda has spoken about Sunita Ahuja’s use of abusive language and asked her to exercise greater caution while speaking publicly. The actor specifically raised concerns about expressions involving mothers and sisters. In a video, Govinda addressed Sunita Ahuja directly. He said her recent choice of words had become a concern. The actor also pointed to…
Joe Root and Sachin Tendulkar Joe Root added another remarkable achievement to his illustrious Test career by becoming only the second batter in history to score more than 14,000 runs in the longest format of the game. The England star reached the milestone during the fourth day of the second Test against New Zealand at…