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Chinese leader, the highest-profile guest of Moscow’s WWII commemorations, keen to maintain ‘deep’ relationship with Russia. Chinese President Xi Jinping has told Russian leader Vladimir Putin that his country will stand with Moscow against “unilateralism and hegemonic bullying” during a visit to the country to commemorate the defeat of Nazi Germany in World War II….
The Bank of England has lowered its key interest rate by 25 basis points to 4.25%, as mounting global trade tensions and uncertainty over US tariffs cast a shadow over Britain’s economic outlook. The widely expected rate cut was announced at 11:02 GMT—two minutes later than usual—to observe a moment of silence commemorating the 80th…
The Pakistan Stock Exchange (PSX) was forced to halt trading on Thursday after a massive selloff dragged the KSE-30 index down 7.2 per cent in intraday trade. The sharp correction followed a series of retaliatory strikes by India on Pakistani air defence systems, in response to attempted military engagements in Northern India. The KSE-30, which…
Israel’s prime minister has said there is “uncertainty” about the condition of three of 24 hostages previously believed to be alive in Hamas captivity in Gaza. Benjamin Netanyahu said he knew “with certainty” that 21 hostages were alive but the status of “three more” was unclear. His comments came after US President Donald Trump said…
Domestic and international travel from Mumbai airport will become expensive from next week as the Airports Economic Regulatory Authority (AERA) has approved variable User Development Fees (UDF) for economy and business class passengers. The UDF charges will be applicable for the tickets issued on or after May 16. UDF charges for domestic passengers AERA has…
The expansion, expected to be completed in 4 years, will be funded through internal accruals and debt. | Photo Credit: vencavolrab The BC Jindal Group, a leading business conglomerate, plans to achieve a target of 5 GW renewable energy capacity by 2030. The group, through its renewable energy arm, Jindal India Renewable Energy, plans to…
New Delhi, India – As Indian military officials took the podium next to the country’s foreign secretary at a media briefing on Wednesday morning, after unprecedented missile strikes into Pakistan and Pakistan-administered Kashmir, a timeline of death played out on a video screen behind them. The 2001 attack on the Indian parliament in New Delhi…
Rupee fell sharply by 84 paise to close at 85.61 (provisional) against the US dollar on Thursday, as escalating geopolitical tensions between India and Pakistan triggered risk aversion among investors. Forex traders said the domestic currency came under pressure after Pakistan attempted to target several Indian military sites using drones and missiles—a move thwarted by…
SBI Lakhpati RD: Those having a monthly income cycle find it cumbersome to invest in a lump sum. On the other hand, a recurring deposit (RD) is a basic saving where individuals can accumulate to save a simple amount every month, drill up interest, and withdraw the matured amount after a particular time frame. Investors…
Asian Paints reported a 45 per cent year-on-year fall in consolidated net profit to Rs 692.13 crore in Q4 FY25, far below Street estimates and Zee Business Research expectations of Rs 1,082 crore. The paints major had posted a profit of Rs 1,256.72 crore in the year-ago quarter. On a sequential basis, profit was down…
