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The Morning Standard

FOREX RESERVES TANK $18 BILLION, RUPEE TAKES A HIT

INDIA's foreign exchange (forex) reserves have seen the sharpest weekly dip on record, losing $17.76 billion for the week ended November 15 as the dollar continued to rally, leading to immense pressure on the rupee, which forced the Reserve Bank of India to sell the greenback to stem the slide.

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1 min  |
November 23, 2024
No proof of Modi link to Nijjar plot, clarifies Canada
The Morning Standard

No proof of Modi link to Nijjar plot, clarifies Canada

The Justin Trudeau-led government on Friday sought to set the record straight as it trashed a Canadian media report, which claimed Prime Minister Narendra Modi was in the loop about the killing of Sikh separatist Hardeep Singh Nijjar in Canada.

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1 min  |
November 23, 2024
Go Beyond News Stories To Understand Ukraine Crisis
The Morning Standard

Go Beyond News Stories To Understand Ukraine Crisis

Debut director Lesia Diak speaks about her documentary on the life of an Ukrainian soldier, the psychological impacts of war, her personal losses, and her message as an Ukrainian to India and the world

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3 mins  |
November 22, 2024
PACE-PRIT BUMRAH
The Morning Standard

PACE-PRIT BUMRAH

Two fast-bowling captains seek happy start as BGT commences

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3 mins  |
November 22, 2024
The Morning Standard

Ding Liren, China's mortal champ with immortal spirit

DURING China's Cultural Revolution inthe 1960s and 1970s, chess was seen as a 'decadence' of the West. The result was an official ban on the game.

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4 mins  |
November 22, 2024
The Morning Standard

Ange hails 6outstanding, Bentancur

ANGE Postecoglou has insisted Rodrigo Bentancur is an \"outstanding person\" after the Tottenham midfielder was punished this week for using racist language regarding team-mate Son Heung-min.

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1 min  |
November 22, 2024
Visa issue: Judokas 3rd time unlucky
The Morning Standard

Visa issue: Judokas 3rd time unlucky

IN an unusual turn of events, cadet judokas of the country have missed international events not once but thrice in the last three months.

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2 mins  |
November 22, 2024
Davis Cup: Australia beat USA to reach last four
The Morning Standard

Davis Cup: Australia beat USA to reach last four

AUSTRALIA defeated record 28-time Davis Cup winners the United States in a decisive doubles rubber on Thursday to reach the semifinals with a hard-fought 2-1 victory.

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1 min  |
November 22, 2024
Lakshya enters quarterfinals, Sindhu crashes out
The Morning Standard

Lakshya enters quarterfinals, Sindhu crashes out

STAR Indian shuttler Lakshya Sen progressed to the quarterfinals with a straight-game win, but two-time Olympic medallist PV Sindhu's campaign ended in the second round of the China Masters Super 750 badminton tournament here on Thursday.

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1 min  |
November 22, 2024
The Morning Standard

Growth can't come at the cost of price stability: RBI Governor

Amid calls from central ministers for rate cut ahead of the next policy announcement on December 6, Reserve Bank governor Shaktikanta Das on Thursday said growth is a fundamental necessity for the Global South, but it can't come at the cost of price stability, indicating that it's too early for an easing cycle.

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1 min  |
November 22, 2024
The Morning Standard

Kenya cancels airport, energy deals with Adani group

KENYA President William Ruto on Thursday said he has cancelled deals with Adani Group for multimillion-dollar airport expansion and energy after US bribery and fraud indictments against group chairman Gautam Adani.

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1 min  |
November 22, 2024
NTPC Green IPO booked 93% on Day 2
The Morning Standard

NTPC Green IPO booked 93% on Day 2

The initial public offer of NTPC Green Energy Ltd, the renewable energy arm of NTPC, got subscribed 93 percent on the second day of bidding on Thursday.

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1 min  |
November 22, 2024
CIL allows coal supplies beyond agreed quantity
The Morning Standard

CIL allows coal supplies beyond agreed quantity

In a bid to enhance coal availability for non-regulated sector (NRS) customers, Coal India Limited (CIL) has tweaked its policy to allow coal supplies beyond the annual contracted quantity (ACQ) during long-term linkage auctions.

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1 min  |
November 22, 2024
Rupee breaches 84.5 mark on foreign fund outflows
The Morning Standard

Rupee breaches 84.5 mark on foreign fund outflows

THE rupee, under pressure for nearly two months now, tumbled new lows, breaching the 84.50-mark on Thursday as foreign funds continued to dump domestic equities on the one hand and the dollar kept pace with its northward-ho.

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1 min  |
November 22, 2024
Adani's indictment rattles stocks
The Morning Standard

Adani's indictment rattles stocks

ADANI GROUP shares nosedived over 23% on Thursday and the conglomerate's combined market capitalization of 10 listed stocks fell by up to ₹2.8 lakh crore during the trading hours after chairman Gautam Adani was indicted in the US over bribery and fraud charges.

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2 mins  |
November 22, 2024
Bribery charges to hit fundraising plans of Adani Group
The Morning Standard

Bribery charges to hit fundraising plans of Adani Group

THE indictment of Adani Group, its promoters and executives by the US authorities in a bribery case could negatively impact the fund-raising process of the Adani group.

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1 min  |
November 22, 2024
Startup founders rushing after valuations is huge problem: Lenskart's Bansal
The Morning Standard

Startup founders rushing after valuations is huge problem: Lenskart's Bansal

EYEWEAR unicorn Lenskart's co-founder Peyush Bansal wants start-up founders to select the right business partner rather than maximizing valuations.

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1 min  |
November 22, 2024
Jio, Airtel, Vodafone Idea lose millions of subscribers; BSNL gains customers
The Morning Standard

Jio, Airtel, Vodafone Idea lose millions of subscribers; BSNL gains customers

RELIANCE JIO, country's largest telecom service provider, lost a whopping 12.65 million customers in the first three months following the tariff hike implemented by private telecom operators in June 2024.

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1 min  |
November 22, 2024
Sebi abolishes 1% security deposit rule with exchanges before public issue launches
The Morning Standard

Sebi abolishes 1% security deposit rule with exchanges before public issue launches

CAPITAL markets regulator Sebi on Thursday did away with the requirement of a mandatory security deposit with the exchanges before a public issue in a bid to facilitate ease of doing business for issuer companies.

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1 min  |
November 22, 2024
The Morning Standard

Musk, Ramaswamy share blueprint for regulatory reforms, savings

ELON Musk and Indian American entrepreneur Vivek Ramaswamy in an op-ed provided an insight into their blueprint for an unprecedented government reform that includes mass federal job cuts and massive expense reduction.

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1 min  |
November 22, 2024
US suggests Google to sell Chrome to end its monopoly
The Morning Standard

US suggests Google to sell Chrome to end its monopoly

US regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through its dominant search engine after a court found it had maintained an abusive monopoly over the past decade.

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1 min  |
November 22, 2024
The Morning Standard

Man held for planning attack in US

A Florida man was arrested Wednesday and charged with a plot to 'reboot' the US government by planting a bomb at the New York Stock Exchange this week and detonating it with a remote-controlled device, according to the FBI.

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1 min  |
November 22, 2024
The Morning Standard

Dozens killed in Gaza after Israeli strikes

DOZENS were killed or unaccounted for in Gaza on Thursday after Israeli strikes.

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1 min  |
November 22, 2024
50 killed, 20 others injured in attack on Pak convoy
The Morning Standard

50 killed, 20 others injured in attack on Pak convoy

At least 50 people were killed and 20 others injured when several vehicles carrying passengers were targeted by militants in northwest Pakistan on Thursday, officials said.

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1 min  |
November 22, 2024
Putin says hit Ukraine with mid-range ballistic missile
The Morning Standard

Putin says hit Ukraine with mid-range ballistic missile

Says modern air defence systems can't counteract the new weapon

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1 min  |
November 22, 2024
No women's restroom for transgender US Congress member
The Morning Standard

No women's restroom for transgender US Congress member

THE speaker of the US House of Representatives came out on Wednesday against letting a newly elected transgender woman use the women's restroom at the legislature.

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1 min  |
November 22, 2024
Another empty promise called out
The Morning Standard

Another empty promise called out

THE latest negotiating draft text on the New Collective Quantified Goal (NCQG) for climate finance has once again failed to specify a concrete funding target, leaving a placeholder \"USD [X] trillion,\" in place of an actual figure.

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2 mins  |
November 22, 2024
The Morning Standard

Who's got Maha edge? High rural vote count key

The rise in voting by almost 4% in the Maharashtra assembly elections against the 2019 figures has led the state's political adversaries to claim an edge over each other.

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1 min  |
November 22, 2024
The Morning Standard

BJP, JMM pin hopes on split exit projections

● Rivals claim to have got J'khand mandate

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1 min  |
November 22, 2024
The Morning Standard

Yogi declares film on Godhra train tax free

UTTAR Pradesh Chief Minister Yogi Adityanath on Thursday declared Hindi film 'The Sabarmati Report', based on the Godhra incident in Gujarat in 2002, tax free in the state.

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1 min  |
November 22, 2024