RBI to give mega Rs 2.69 lakh crore dividend to central government: Key things to know
The RBI will give a mega dividend of Rs 2.69 lakh crore to the central government. Source link
Israel is under the assumption “it can act with impunity”
Global anger at Israel for firing on diplomats visiting Jenin camp in the occupied West Bank. Source link
President Droupadi Murmu awards 6 Kirti Chakras and 33 Shaurya Chakras to brave personnel
President Droupadi Murmu on Thursday conferred six Kirti Chakras, including four posthumously, to personnel from the Army and Jammu and Kashmir Police for displaying indomitable courage and extraordinary valour in the line of duty. The Kirti Chakra is India’s second-highest peace-time gallantry award. Alongside, 33 Shaurya Chakras, including seven posthumously, were presented to personnel from…
JSW Steel misses quarterly profit view
India’s JSW Steel, the country’s top steelmaker by market cap, reported a smaller-than-expected rise in fourth-quarter profit on Friday, hurt by weak steel prices. Its consolidated net profit stood at 15.03 billion rupees ($176 million) for the quarter ended March 31, below analysts’ average estimate of 15.66 billion rupees, as per data complied by LSEG….
Harvard University’s foreign students reel from Trump administration ban
Kelly Ng & Annabelle Liang BBC News Shreya Mishra Reddy Harvard is “the ultimate school that anybody in India wants to get into,” says Shreya Mishra Reddy When Shreya Mishra Reddy was admitted to Harvard University in 2023, her parents were “ecstatic”. It is “the ultimate school that anybody in India wants to get into,”…
Heart-Melting Alert! Bipasha Basu’s Adorable Pic With Daughter Devi Breaks the Internet!
Bollywood actress Bipasha Basu melted hearts on social media when she recently shared an adorable picture with her daughter, Devi, on Instagram. The glamorous mommy-duo looked stunning as they posed together, sparking a wave of love from fans and celebrity friends. In this blog, we cover: Bipasha Basu’s latest Instagram post with Devi Fan reactions…
Currency Market News: After three-day losing streak, rupee jumps 70 paise to 85.25 vs US dollar
After three consecutive sessions of losses, the rupee bounced back sharply on Friday, appreciating by 70 paise to settle at 85.25 (provisional) against the US dollar. The recovery was fuelled by a drop in the dollar index and a strong rally in domestic equities, reflecting renewed investor interest in riskier assets. Forex traders pointed to…
Regime Uncertainty and Market Uncertainty
The Great Depression formally began in August 1929, two months before Black Tuesday. Initially, the economic downturn that began late that Summer gave no signs that it was the start of what was to become – and, so far, remain – the greatest economic calamity in United States history. Just a decade earlier there occurred…
FMCG emerged as the top sectoral gainer today; Is it a good time to invest?
ITC, Varun Beverages, Nestle India lift sentiment; analysts see signs of recovery as cost pressures ease Fast-moving consumer goods (FMCG) stocks led the gains on Dalal Street on May 23, ending the session as the top sectoral performer after ITC’s robust Q4 results improved market sentiment across the space. The Nifty FMCG index…
Trade Negotiations aren’t Chess, Poker, or Go. They’re Bridge.
Trade negotiations are often mischaracterized as adversarial contests akin to warfare or chess. (The latter is increasingly invoked in varying degrees: 3d, 4d, and nth degree). Headlines speak of countries “battling” over tariffs or “outmaneuvering” each other in the global marketplace. But while those analogies may be emotionally satisfying and undergird ideological fervor, they fundamentally…
