When India imports goods (such as gold), it pays for it in dollars. The more a product is imported (both in value and quantity), the more the requirement for dollars. (AI image) Gold may be a safe haven asset but India’s love for the yellow metal is adding pressure to its foreign exchange reserves buffer…
US goes ahead with radar upgrade for Pak’s F-16 fleet, move a worry for India In a decision that will raise India’s concerns, the US is going ahead with a radar upgrade programme for Pakistan’s F16 fleet, which comprises 75 to 85 fighter jets. In a $488 mn deal, American defence major Northrop Grumman Systems…
In a world driven by instant validation and public praise, a Korean proverb offers a timeless reminder: “The friend who claps the loudest may not stand the longest.” Though simple in its wording, the saying carries a powerful message about the difference between outward support and genuine loyalty.The proverb suggests that the people who are…
Rajasthan Royals’ Jofra Archer (PTI Photo) Former England captain Michael Vaughan has raised concerns over England’s handling of Jofra Archer’s availability, questioning whether centrally contracted players should be allowed to prioritise franchise commitments over Test cricket as England gear up for their home summer against New Zealand. Speaking on Cricbuzz, the former England captain highlighted…
Noel to step down from 6 Tata companies boards in November Mumbai: Come Nov, Noel Tata will step down from the boards of six Tata group companies as he turns 70, triggering the conglomerate’s retirement age limit for non- executive directors. Noel, who chairs Tata Trusts, the foundations that control the group’s holding company, Tata…
JAMMU: Two cloudbursts struck J&K’s Kishtwar district, while another occurred in Doda district on Tuesday, triggering flash floods and road blockades in several areas. There were no casualties or property damage, officials said.One cloudburst each occurred in Sarthal’s Gahan area and Machhipal in Kishtwar. The resulting flash floods, accompanied by heavy debris flows and a…
Mark Zandi, chief economist at Moody’s Analytics, has warned that America’s economic divergence remains ‘firmly intact’, with newly updated data showing the bottom 80% of earners losing ground against inflation while top earners dominate national consumption. Zandi’s estimates reveal that households in the top 20% of the income distribution — those earning over $175,000 annually…
Prime Minister Narendra Modi on Friday departed for the UAE as part of his five-nation tour from May 15 to May 20. After the UAE, the Prime Minister will also visit the Netherlands, Sweden, Norway and Italy.The visit is expected to reinforce India’s growing engagement with Europe and the Gulf region amid evolving geopolitical and…
Ankita Raina in action (Photo by DLTA) NEW DELHI: A lot can be said of a coach not by how they react to a win but how they spearhead a team after a loss. Vishal Uppal’s credentials were tested already this week after a 1-2 defeat to Thailand in the ongoing Asia/Oceania Group 1 tie…
‘You will have no place to hide’, P 22 New Delhi: Home minister Amit Shah on Friday stoutly defended the delimitation proposal, saying the existing freeze on the number of Lok Sabha seats since 1976 violated the constitutional principle of “one person, one vote, one value”, reports Kumar Rakesh. The number of electors in many…