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Karnataka CM DK Shivakumar (centre) and former CMs Siddaramaiah (left) and BS Yeddiyurappa NEW DELHI: Karnataka chief minister DK Shivakumar on Sunday described the Mekedatu dam project, proposed by the state government on the Cauvery river, as a “permanent solution” to the long-standing dispute between Karnataka and neighbouring Tamil Nadu over the sharing of Cauvery…

India’s biggest listed companies added Rs 2.51 lakh crore in market value last week as a rally on Dalal Street lifted nine of the top-10 most-valued firms. Bajaj Finance emerged as the biggest gainer after its June-quarter earnings, while Hindustan Unilever was the only company to end the week with a lower valuation.BSE Sensex climbed…

RBI changes deposit rules, allows differential bulk deposit rates and tighter disclosures. NEW DELHI: The Reserve Bank of India (RBI) has overhauled rules governing bulk deposits, allowing banks to offer differential interest rates based on liquidity risk under the Liquidity Coverage Ratio (LCR) framework while mandating daily public disclosure of bulk deposit rates to improve…

Foreign portfolio investors (FPIs) made their comeback to Indian equities in July after staying away for four consecutive months, emerging as net buyers with investments worth Rs 20,200 crore. Attractive valuations, improving corporate earnings and a better global investment environment helped bring foreign investors back.According to data from the Central Depository Services (India) Ltd (CDSL),…

After ending last week on a strong note, stock market is headed for a crucial week with a host of domestic and global events set to shape investor sentiment. Reserve Bank of India’s interest rate decision, ongoing US-Iran conflict, crude oil prices and a fresh round of quarterly earnings will be among the key factors…

As thousands gathered near the border, Moroccan security forces used batons and tear gas to push back crowds Ceuta came into focus after around 60,000 migrants crossed the border from Morocco into the Spanish enclave on North Africa’s Mediterranean coast, across the Strait of Gibraltar, triggering a major humanitarian crisis in which 67 people were…

Rahul Gandhi uses viral Korean finger heart trend to wish Friendship day (Image/Instagram) NEW DELHI: Leader of opposition in the Lok Sabha Rahul Gandhi on Sunday wished people on Friendship Day with a Gen Z-style post, using the popular Korean finger heart emoji while joking that he had only just learnt its meaning.Sharing a photo…

Former India goalkeeper PR Sreejesh Former India goalkeeper P R Sreejesh has urged the Indian men’s hockey team to put the jersey controversy behind them and concentrate on ending the country’s 50-year wait for a World Cup medal. The two-time Olympic bronze medallist said changing jersey colours is not new, pointing out that India had…

Cong hits back after Rahul faces FIR over Parliament protest NEW DELHI: Congress leader Pawan Khera on Sunday defended leader of opposition in the Lok Sabha Rahul Gandhi after an FIR was registered against him and other opposition MPs over a protest linked to the alleged misuse of Ram Temple donations, saying the BJP-led government…

Judge leading fast-track paper leak court transferred by Delhi HC NEW DELHI: The Delhi High Court has transferred Special Judge Anu Grover Baliga, who was appointed last month to head the designated fast-track court for paper leak cases, as part of a reshuffle involving 138 judicial officers.Judge Baliga was appointed after the Delhi High Court,…