The risk for Chinese economy is that strong exports may no longer be enough to offset weakness at home. Driving the newsChina’s economy has unexpectedly staggered into the second quarter. Factories slowed, consumers pulled back and investment unexpectedly shrank, delivering one of the clearest signs yet that Beijing’s recovery is being squeezed from both sides:…
TRIGGER WARNING: This article includes references to sexual assault and rape.Jermaine Jackson, brother of the late Pop icon Michael Jackson, gets a legal notice after he breached the requirement to answer the lawsuit. As a default judgment by the Los Angeles court, the 71-year-old singer has been ordered to pay USD 6.5 million to Rita…
Shares of private lender CSB Bank Ltd. surged as much as 4% in response to its March quarter results, which were higher on a year-on-year basis, along with improved asset quality. Net Interest Income or core income of the lender increased by 25% from the same quarter last year to ₹464 crore. Net profit increased…
NEW DELHI: In an embarrassing incident, two Sri Lanka Under-19 men’s cricketers have been arrested over allegations of filming people bathing inside a hotel in Colombo. The incident reportedly took place at a hotel in Narahenpita where the players were staying, according to ESPNcricinfo.The cricketers were taken into custody earlier this week after women staying…
SRINAGAR: PDP’s Iltija Mufti, the daughter of former J&K CM Mehbooba Mufti, Tuesday blamed the governing NC for the suspension of her social media accounts, alleging that the party was acting in collusion with the BJP to target its critics.“X has withheld my account. Usually, they send an email, but in my case, there has…
NEW DELHI: Delhi HC, while examining the Sentence Review Board’s decision to deny premature release to Santosh Kumar Singh, serving life in the 1996 Priyadarshini Mattoo rape and murder case, observed that the board’s decisions seem to be influenced by public perception.Justice Anup J Bhambhani said on Thursday that while there was no doubt that…
The TOI correspondent from Washington: Donald Trump built a political movement around a simple proposition: America had spent too much blood and money policing the world. The Iraq War was a “big, fat mistake.” Afghanistan was an endless quagmire. Nation-building, he argued, had drained American power.Now, as a second term President, Trump is openly threatening…
Israel on Thursday sharply criticised remarks by Khawaja Asif, questioning Pakistan’s credibility as a neutral player in ongoing regional diplomacy. The response came after Asif posted a series of comments on social media targeting Israel. Reacting to those statements, the PMO said, “Pakistan Defence Minister’s call for Israel’s annihilation is outrageous.” “This is not a…
The Securities and Exchange Board of India (SEBI) has proposed a series of changes to the Margin Trading Facility (MTF) framework, including broader funding options for brokers, higher exposure limits and operational relaxations, as trading volumes under the facility continue to grow. In a consultation paper issued on June 18, the market regulator said the…
Powerica IPO Day 2: The Powerica IPO, which has been valued at Rs 1,100 crore, is open for subscription between March 24 and March 27. The price band of the IPO has been fixed at Rs 375 to Rs 395 per share, giving the company an estimated valuation of Rs 5,000 crore. Powerica specialises in…
