Rupee slipped past the 91 mark against the US dollar on Monday, tumbling to 91.32, as escalating tensions in the Middle East and heightened volatility in global markets unsettled investors. Forex traders said that the currency came under added pressure from negative equity market sentiment and significant foreign fund outflows. Rupee opened at 91.23 and…
Financial services giant Morgan Stanley has slashed almost 3% of its workforce, which translates to 2,500 employees across its major divisions. A source familiar with the matter told Reuters that the reduction spans across investment banking and trading, wealth management, and investment management. Financial advisors, however, remain unaffected according to the source. The bank comes…
NEW DELHI: With nearly 40% of India’s LNG flow hit due to the West Asia conflict, govt is working on an “optimisation plan” for industries, including priority segments such as fertiliser. Those familiar with the discussions said the petroleum ministry could work out the arrangement as early as Tuesday, with a reduction in supply to…
People block the road in Keonjhar district on Monday Keonjhar: Consumers in Keonjhar town on Monday blocked the Keonjhar–Jharbelda road near Sankarpur village by placing LPG cylinders on the road, protesting disruption in cooking gas distribution. Traffic remained affected for over three hours.Protesters alleged that the local LPG warehouse was locked and no staff had…
Representational purposes only Berhampur: The five-year-old Khallikote Unitary University (KUU) is set for a major infrastructure upgrade with the govt giving in-principle approval to projects worth Rs 79.29 crore.The approved projects include a five-storeyed science block (Rs 35.18 crore), flat-type quarters for the vice-chancellor, registrar, controllers of finance and of examinations (Rs 4.57 crore) and…
Keonjhar: Special Pocso judge Monalisa Mohanty on Friday sentenced a 30-year-old man to 20 years’ rigorous imprisonment for raping an 11-year-old girl and imposed a fine of Rs 2,000 on him. For non-payment of the fine, the court sentenced him to two more years in jail. The court ordered the distric legal service authority to…
Kendrapada: A man was arrested for allegedly orchestrating the murder of a 23-year-old woman from Jagatsinghpur district a day after her engagement by using a hired killer, police said on Thursday. The victim had gone missing on Monday evening after leaving home to visit a friend. Her body was found dumped in a field near…
PM Modi and Mark Carney (File photo) NEW DELHI: Canadian Prime Minister Mark Carney is scheduled to begin his four-day visit to India on Friday in Mumbai, a trip seen as key to strengthening bilateral ties between New Delhi and Ottawa. The ministry of external affairs on Thursday shared details of Carney’s first official visit…
Trump hails Artemis II crew after historic Moon mission, eyes Mars next US President Donald Trump on Saturday congratulated the crew of Nasa’s Artemis II mission after their successful return to Earth, praising the astronauts and declaring that the next phase of US space exploration will be Mars.In a post on Truth Social, Trump wrote,…
Nasa’s Artemis II crew splashed down in the Pacific Ocean near San Diego, California early Saturday, marking their return to Earth after a lunar flyby mission.The Orion spacecraft carrying the crew completed a successful splashdown. A joint Nasa and US military recovery team was on site to receive the astronauts and provide medical support.Following liftoff…
