The Reserve Bank of India (RBI) on Tuesday announced a Rs 50,000 crore two-day Variable Rate Repo (VRR) auction, a move aimed at managing short-term liquidity conditions ahead of the central bank’s monetary policy review.The auction will be conducted on June 3 between 9:30 am and 10 am, while the reversal of funds will take…
NEW DELHI: India is learning to live with a hotter future. From Delhi to Mumbai, temperatures are regularly crossing 45 degrees Celsius, heatwaves are lasting longer and cities are becoming giant heat traps due to rapid urbanisation and the growing urban heat island effect.But if there is one thing Indians are famous for, it is…
Bhubaneswar: The appointments committee of the Cabinet has approved the appointment of Binod Kumar Patro, professor of community medicine, AIIMS, Bhubaneswar, to the post of director, National Institute of Health & Family Welfare (NIHFW), New Delhi on a deputation basis. He will hold the post for five years with effect from the date of assumption…
India and the UK on Tuesday discussed the key issues delaying the implementation of the Comprehensive Economic and Trade Agreement (CETA), as both sides reviewed progress under the trade pact signed in July last year.The issues came up during a meeting between Commerce Secretary Rajesh Agarwal and UK Permanent Secretary Amanda Brooks.“Engaged in extensive discussions…
Bhubaneswar: While Zeenat giving birth is a rare success of a much-watched inter-state tiger translocation project, the big question now is survival of the cubs.Zeenat, who looks quite possessive and apprehensive, has been shifting bases, apparently to save the cubs from other male tigers and predators. The cubs are around three weeks old, Similipal officials…
The fall to seventh rank is not just about the rallies in South Korea and Taiwan. It is also about the record exodus of foreign capital from Indian stock markets. (AI image) In a span of just over a week, the Indian stock market has gone from being the world’s fifth largest to the seventh…
Bhubaneswar: Four youths, two of them students of a private educational institution in the city, were arrested on Tuesday for allegedly kidnapping a male nursing student of the same college for ransom.“The motive behind the crime was a financial dispute between the victim Biswajit Pradhan (22), a fourth year BSc nursing student of SOA University,…
Mumbai: Prism, the parent company of Oyo, has secured markets regulator Sebi’s nod to go ahead with its IPO in what will be its third attempt at going public, said people aware of the matter. The company is seeking to raise up to Rs 6,650 crore through fresh issues of shares and is targeting a…
Kendrapada: Being visually impaired could not stop Subham Soumen Senapati (28), a visually-impaired man of Sitalapatana village in Kendrapada district’s Garadpur block from cracking the Odisha Civil Services Examination, the results of which were declared recently. He secured 164 rank in his 4th attempt and will be getting OAS. In 2015, Sanyasi Behera was the…
Wall Street’s record-breaking rally slowed on Tuesday as shares of Alphabet fell sharply after the Google parent announced plans to raise fresh capital to fund its growing investments in artificial intelligence.The S&P 500 slipped 0.1 per cent after hitting another all-time high a day earlier. The Dow Jones Industrial Average rose 65 points, or 0.1…
