CATEGORIES

India’s forex reserves drop for sixth week by 6.477 billion
The Statesman

India’s forex reserves drop for sixth week by 6.477 billion

India's forex reserves dropped by $6.477 billion to $675.653 billion for the week ended November 8, the RBI said on Friday.

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1 min  |
November 16, 2024
NCR registers 137 per cent spike in housing prices in five years: Report
The Statesman

NCR registers 137 per cent spike in housing prices in five years: Report

The National Capital Region (NCR) saw an astounding 137% rise in housing prices with Noida, Gurugram, Ghaziabad and Greater Noida seeing prices more than double between 2019 and September 2024, a report by PropEquity said on Friday.

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1 min  |
November 16, 2024
Expo to showcase pharmaceutical industry's modernisation, innovation, sustainability
The Statesman

Expo to showcase pharmaceutical industry's modernisation, innovation, sustainability

An expo to showcase the pharmaceutical industry's modernisation, innovation, and sustainability will be held in Greater Noida from November 26 to 28.

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1 min  |
November 16, 2024
Gems & jewellery exports up by 9.18 per cent to over ₹25,000 crore for Oct: GJEPC
The Statesman

Gems & jewellery exports up by 9.18 per cent to over ₹25,000 crore for Oct: GJEPC

For the month of October, India's gems and jewellery exports grew by 9.18 per cent to USD 2,998.04 million (Rs 25,194.41 crore) due to revival in demand for cut and polished diamond, the Gem and Jewellery Export Promotion Council (GJEPC) said.

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1 min  |
November 16, 2024
Global brokerage CLSA shifts 'tactical allocation' to India from China
The Statesman

Global brokerage CLSA shifts 'tactical allocation' to India from China

In good news for the domestic stock market, global brokerage CLSA has shifted its \"tactical allocation\" to India from China, citing growing concerns over Beijing's economy and investor sentiment after the US presidential election.

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1 min  |
November 16, 2024
SBI seeks largest dollar-denominated loan of 2024 worth $1.25 bn: Report
The Statesman

SBI seeks largest dollar-denominated loan of 2024 worth $1.25 bn: Report

India's largest public sector lender, State Bank of India (SBI), sought a loan of USD 1.25 billion, potentially making it the largest dollar-denominated bank loan from the country's financial sector in 2024, a report by Bloomberg said quoting sources.

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1 min  |
November 16, 2024
Energy is the spinal cord of economy, says Puri
The Statesman

Energy is the spinal cord of economy, says Puri

India is poised to lead global hydrogen energy production & export, he said

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1 min  |
November 16, 2024
Indian economy in sweet spot, says Moody's, forecasts 7.2 per cent GDP for CY24
The Statesman

Indian economy in sweet spot, says Moody's, forecasts 7.2 per cent GDP for CY24

Rating agency Moody's on Friday forecast 7.2% GDP growth in the 2024 calendar year and 6.6% in the next.

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1 min  |
November 16, 2024
Biden arrives in Peru f Or international Summit
The Statesman

Biden arrives in Peru f Or international Summit

Biden'S South American trip COme Sa davafter he metwith Trump in the White HOuse

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2 mins  |
November 16, 2024
A France-trained force aims to strengthen Ukraine's defenses at a critical point in war
The Statesman

A France-trained force aims to strengthen Ukraine's defenses at a critical point in war

A French military task force with a festive name - \"Champagne\" - is wrapping up a mission that's no party: training a whole new brigade of several thousand Ukrainian troops who will be joining the fight against Russia's invasion armed with France-supplied tanks, artillery canons and other heavy weaponry.

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1 min  |
November 16, 2024
South Korean opposition leader gets a suspended jail term for violating election law
The Statesman

South Korean opposition leader gets a suspended jail term for violating election law

South Korean opposition leader Lee Jae-myung (photo) was convicted of violating election law and sentenced to a suspended prison term Friday by a court that ruled he made false statements while denying corruption allegations during a presidential campaign.

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1 min  |
November 16, 2024
North Korea tests exploding drones as Kim calls for mass production
The Statesman

North Korea tests exploding drones as Kim calls for mass production

North Korea tested exploding drones designed to crash into targets and leader Kim Jong Un called for accelerating mass production of the weapons, state media said Friday.

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2 mins  |
November 16, 2024
Masses of residents flee homes in Haiti's capital as gangs ratchet up violence
The Statesman

Masses of residents flee homes in Haiti's capital as gangs ratchet up violence

Masses of residents fled a running battle Thursday between gang members and police in one of the few neighborhoods of Haiti's capital that hadn't already been fully taken over by gangs, as violence flared amid political turmoil.

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1 min  |
November 16, 2024
Imran Khan seeks judicial probe into crackdown against his party
The Statesman

Imran Khan seeks judicial probe into crackdown against his party

Pakistan Tehreek-i-Insaf (PTI) founder Imran Khan has filed a petition in the Pakistan Supreme Court, urging the formation of a judicial commission to investigate the alleged suppression of his party leaders and workers, Dawn reported.

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1 min  |
November 16, 2024
Australia's plan to ban children from social media proves popular and problematic
The Statesman

Australia's plan to ban children from social media proves popular and problematic

How do you remove children from the harms of social media? Politically the answer appears simple in Australia, but practically the solution could be far more difficult.

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2 mins  |
November 16, 2024
Philippines enacts maritime laws to strengthen sovereignty amid South China Sea tensions
The Statesman

Philippines enacts maritime laws to strengthen sovereignty amid South China Sea tensions

The Philippines, under President Ferdinand Marcos Jr., has enacted two new maritime laws designed to safeguard the nation's contested territory in the South China Sea, the Philippine Maritime Zones Act and the Philippine Archipelagic Sea Lanes Act.

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1 min  |
November 16, 2024
Israeli Strikes kill at least 12 Lebanese rescuers
The Statesman

Israeli Strikes kill at least 12 Lebanese rescuers

Israeli airstrikes in and around the Syrian Capital of Damascus also killed at least 15 people

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2 mins  |
November 16, 2024
Trump names vaccine-sceptic with eccentric ideas to head Health Department
The Statesman

Trump names vaccine-sceptic with eccentric ideas to head Health Department

US President-elect Donald Trump is handing over the Health Department to the eccentric scion of the Kennedy clan, Robert F. Kennedy Jr., who advocates unconventional ideas including opposition to vaccines.

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1 min  |
November 16, 2024
Shanghai, Tokyo, New York, Houston spew the most greenhouse gas among the world's cities
The Statesman

Shanghai, Tokyo, New York, Houston spew the most greenhouse gas among the world's cities

Cities in Asia and the United States emit the most heat-trapping gas that feeds climate change, with Shanghai the most polluting, according to new data that combines observations and artificial intelligence.

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1 min  |
November 16, 2024
Satire publication The Onion buys Alex Jones' Infowars at auction with Sandy Hook families' backing
The Statesman

Satire publication The Onion buys Alex Jones' Infowars at auction with Sandy Hook families' backing

The satirical news publication The Onion was named the winning bidder for Alex Jones' Infowars at a bankruptcy auction Thursday, backed by families of Sandy Hook Elementary School shooting victims whom Jones owes more than $1 billion in defamation judgments for calling the massacre a hoax.

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1 min  |
November 16, 2024
UK Treasury chief says she's not satisfied by paltry third-quarter economic growth
The Statesman

UK Treasury chief says she's not satisfied by paltry third-quarter economic growth

Britain's Treasury chief Rachel Reeves said Friday that she is \"not satisfied\" by official figures showing the British economy's rebound from recession slowed down sharply in the third quarter of the year, with most sectors stagnating.

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2 mins  |
November 16, 2024
Party of Sri Lanka's new Marxist-leaning president wins two-thirds majority in parliament
The Statesman

Party of Sri Lanka's new Marxist-leaning president wins two-thirds majority in parliament

The party of Sri Lanka's new Marxist-leaning President Anura Kumara Dissanayake won a two-thirds majority in parliament, according to official election results Friday, providing a strong mandate for his program for economic revival.

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1 min  |
November 16, 2024
Himachal in reverse gear
The Statesman

Himachal in reverse gear

Himachal Pradesh BJP president Rajeev Bindal had been the health minister in the party-led government from 2007 to 2012. He was elected as the Speaker of the legislative assembly for two years before being appointed as the party state unit chief for the first time in 2020.

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3 mins  |
November 16, 2024
Rivals Once, brought together by China
The Statesman

Rivals Once, brought together by China

Prime Minister Shigeru Ishiba inaugurated his Cabinet last month, and U.S. President-elect Donald Trump will be inaugurated in January next year.

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5 mins  |
November 16, 2024
The Statesman

Power play

The Maharashtra Assembly elections have become a dynamic battleground where political ambitions, alliances, and rivalries intersect in complex ways.

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2 mins  |
November 16, 2024
Honouring tribal heroes
The Statesman

Honouring tribal heroes

SIR, This refers to the report, \"Tribal heritage goes global, thanks to PM's Modi\" (15 November).

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1 min  |
November 16, 2024
The Statesman

Trump's victory and South Asia

The US has just concluded our generation's most eagerly watched presidential elections. Donald J. Trump has won the White House resoundingly, and in addition, the Republican Party, also known as the Grand Old Party, has now wrested control of the Senate and has a comfortable majority in Congress.

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2 mins  |
November 16, 2024
Targeting Migrants
The Statesman

Targeting Migrants

Trump's language is as always, political, and provocative, when he promises that he would, 'send elite squads of ICE, Border Patrol, and federal law enforcement officers to hunt down, arrest, and deport every last illegal alien gang member until there is not a single one left in this country.' Factors like financial costs, operationalizing intent, or even implications on the economy are not on the table for now, for it is only bravado that seemingly suffices for Trump's limited purpose

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4 mins  |
November 16, 2024
The Statesman

Bridging the Divide

In an era of heightened political polarisation, Wednesday's meeting between the incoming and outgoing US presidents signals a return to civility.

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4 mins  |
November 16, 2024
We are winning Assembly polls:Arvind Kejriwal
The Statesman

We are winning Assembly polls:Arvind Kejriwal

Kejriwal said the party is committed to fielding good candidates in the Assembly elections

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1 min  |
November 16, 2024