Will lead a central bank oriented toward reform, says new chair WASHINGTON: Kevin Warsh was sworn in as chair of the US Federal Reserve on Friday at a pivotal moment for an American economy where surging gasoline prices due to the Iran war are pushing up inflation and eroding consumer sentiment, potent ingredients for a…
Vaibhav Sooryavanshi (ANI Photo) The rise of teenage sensation Vaibhav Sooryavanshi is no longer just an Indian phenomenon. The 15-year-old’s extraordinary IPL 2026 campaign has captured global attention, with former England captain Michael Vaughan revealing that even fans in the United Kingdom are tuning in specifically to watch the young batter.Sooryavanshi’s fearless batting and remarkable…
National Commodity and Derivatives Exchange (NCDEX) plans to expand its newly launched weather derivatives business beyond Mumbai rainfall contracts, with products linked to eastern monsoons and temperature variations already under development, according to Managing Director & CEO Arun Raste. Raste believes climate-linked financial products could become increasingly important as businesses grapple with unpredictable rainfall, heatwaves…
MUMBAI: RBI stepped up dollar sales in FY26 to manage exchange rate volatility. The central bank recorded a total net sale of $53.1 billion over the course of the fiscal year an increase of $12 billion compared to net sales of $41.1 billion in FY25. Despite temporary periods of dollar accumulation, the central bank maintained…
NEW DELHI: After bringing back a pregnant woman, Sunali, and her 8-yr-old son, the Centre Friday told the Supreme Court that it would bring back in 10 days four others, including her husband, from Bangladesh where they were deported based on preliminary finding that they were Bangladeshi nationals.A bench led by CJI Surya Kant was…
Rashee Rice underwent surgery on his right knee last week in Dallas, which was later described as a cleanup surgery. According to an ESPN report, the surgery was aimed at removing loose debris that was causing inflammation. The Kansas City Chiefs star is expected to be out of action for a couple of months and…
Jennifer Garner and Ben Affleck raised eyebrows with their latest spotting. Not only were the Hollywood exes spotted together on a day out, but the two were seen twinning from head to toe in matching outfits.Ben Affleck and Jennifer Garner spotted on day outAccording to reports, the pair were seen grabbing a meal together on…
Managing nearly $1.21 billion in assets as of April 30, ASK Investment Managers is turning positive on large-cap IT despite worries around AI disruption, says CIO & CEO-Equity George Joseph. He believes fears over AI replacing Indian IT firms are exaggerated, as these companies will continue to play a critical role in system integration and…
NASHIK: The Nashik police SIT on Friday filed a 1,500-page chargesheet related to the first TCS sexual harassment and hurting religious sentiments case registered against four accused in the special court of Nashik Road sessions judge Kedar Joshi. Based on investigation so far, the police invoked charges under sections 61(2) [party to criminal conspiracy], 64…
NEW DELHI: Govt has stepped in to unclog piling up of containers at India’s busiest container port, Jawaharlal Nehru Port Authority (JNPA) (Mumbai), and has set up a panel of top officials to remove bottlenecks at all the 12 major ports. It will meet every week or fortnight to address concerns faced by businesses.The issue…
