MUMBAI: Interest in India remains undiminished despite near-term volatility, according to Vikram Sahu, India CEO and country executive at Bank of America.“Corporate interest remains strong and unchanged in its conviction,” Sahu said, adding that strategic investors continue to take a long-term view of India, drawn by its scale, growth prospects and governance framework.Investor sentiment is…
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…
Indians sharply cut back on overseas travel spending in March, with remittances for foreign trips dropping by more than $212 million from the previous month, according to Reserve Bank of India data. The fall in outbound travel expenditure came amid rising oil prices linked to the Middle East conflict and persistent pressure on rupee, even…
Mangaluru: A 17-year-old girl allegedly committed suicide and left a death note in Surathkal police station limits on Tuesday.City police commissioner Sudheer Kumar Reddy said that she was found dead around 4 pm. She left a suicide note for her parents. The deceased’s parents filed a complaint at 11pm.Suratkal police registered a case under the…
NEW DELHI: Supreme Court on Friday refused to entertain a plea seeking its direction against hate speeches targeting the Brahmin community, which the petitioner had alleged was ‘Brahmophobia’.A bench of Justices B V Nagarathna and Ujjal Bhuyan said there should be no hate speeches against any community but declined to entertain the plea. “We don’t…
Iranian ballistic missile attack triggers sirens across southern Israel. A fire broke out at an industrial complex in southern Israel on Sunday, with the Israeli military saying the damage was likely caused by missile shrapnel following a fresh barrage launched from Iran.According to the military, the impact occurred in the Neot Hovav industrial zone in…
England’s captain Ben Stokes (PTI Photo/Shahbaz Khan) NEW DELHI: Ben Stokes’s future as England Test captain is under serious doubt after he was involved in a nightclub incident in Chelsea following England’s win over New Zealand at Lord’s. The ECB has launched an investigation into the actions of Stokes and teammate Gus Atkinson after both…
KOLKATA: A row erupted Saturday after a viral video allegedly showed an EC official for Panihati constituency on Kolkata’s outskirts preparing BJP campaign material, prompting TMC to demand his removal and legal action before elections.Trinamool lodged a complaint with the state’s chief electoral officer (CEO) against sector officer Atanu Chakraborty, accusing him of violating norms…
Standard Chartered’s plan to cut nearly 7,800 jobs globally by 2030 has triggered a fierce backlash online after CEO Bill Winters described some roles as “lower-value human capital” while outlining the bank’s AI-driven overhaul.The London-headquartered lender, which has major back-office operations in India, said it would eliminate around 15 per cent of corporate-function roles over…
Elizabeth Fry (Image: Wikipedia) A prison cell is a strange place to find a social reformer.Yet that is exactly where Elizabeth Fry spent much of her time during the early nineteenth century. While many of her contemporaries viewed prisons as places where offenders simply received the consequences of their actions, Fry saw something else. She…
