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IMF on Monday approved a disbursement of around $1.2 billion to Pakistan, lifting the country’s total inflows under the Extended Fund Facility and the Resilience and Sustainability Facility to roughly $3.3 billion. The IMF Executive Board cleared the payment during its meeting in Washington, citing the country’s efforts in macroeconomic reforms.Pakistan remains heavily reliant on…

A new grain of conflict: Trump takes aim at India’s rice exports US President Donald Trump on Tuesday signalled a fresh flashpoint with India questioning why New Delhi is “allowed” to send large volumes of rice to the United States without facing additional duties, indicating that new tariffs could be on the table as trade…

At least 23 people were injured after a powerful magnitude 7.5 earthquake struck off northern Japan late Monday and triggered a tsunami in Pacific coast communities, officials said. Authorities warned of possible aftershocks and an increased risk of a megaquake.The quake hit at about 11:15 p.m. in the Pacific Ocean, around 80 kilometres off the…

NEW DELHI: PM Narendra Modi Monday accused Congress of betraying ‘Vande Mataram’ and bowing to pressure from Mohammed Ali Jinnah to “divide” it despite Mahatma Gandhi’s praise that the patriotic song had become like a national anthem, saying the party meted out the “grave injustice” due to its appeasement politics.Initiating a discussion in Lok Sabha…

JP Morgan has a neutral rating on Bajaj Finance with the target price at Rs 1,040. Analysts said that the recent analyst by the company underscored the company’s strategic vision to continue to deliver industry-leading growth towards achieving its goal of 3.2-3.5% of total credit market share and 3.6-4% of retail credit market share (vs…

NEW DELHI: Banking regulator RBI and the country’s largest PSU bank SBI Monday told Supreme Court it was not possible to give personal hearings to account holders before declaring an account fraud in view of the massive number of banking frauds.The country witnessed 60,000 cases of bank fraud in the last two financial years involving…

Ranveer Singh, who is known for his power-packed performance, has once again proved his mettle on the big screen with his latest release ‘Dhurandhar.’ Inspired by true events, this Aditya Dhar movie is shattering one after the other box office record, and it has been only 4 days since it debuted on the 70MM. According…

NEW DELHI: Under fire for its handling of the IndiGo crisis, govt said on Monday it would set an “example” for other airlines with “very, very strict action” against the budget carrier once the probe into the massive flight disruptions is complete. The unprecedented disruption was caused by an “internal crisis” in the airline, Union…

NEW DELHI: In a rare decision aimed at facilitating the education of a minor girl, Supreme Court on Monday approved issuance of an SC certificate based on the ‘Adi Dravida’ caste of her mother, who is married to a non-SC person, even though it is yet to adjudicate a bunch of petitions challenging the norm…

Amidst ongoing flight disruptions, the government is weighing the option of cutting IndiGo’s flight schedule by 5%, with plans to redistribute these time slots to other carriers. IndiGo has acknowledged the issues, attributing them to recent duty requirements and changes in their winter travel timetable. NEW DELHI: IndiGo may have its schedule cut by 5%…