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Indian Railways after a recent RTI query revealed that the Lucknow division of the Northern Railways spent ₹69.5 lakh between 2020 and 2022 "to catch rats". Reacting to the RTI reply, Surjewala took to X (formally known as Twitter) and wrote, “Railways spent ₹41,000 and six days in catching a rat! By spending a total of ₹69.40 lakh, 156 rats were caught in 3 years! This is the condition of the Lucknow region alone." "All over the country, the ‘rats of corruption’ are picking people's pockets every day… Result: Under BJP rule, people are hit by rampant inflation every day. Even the concession given to the elderly in rail fares has been eaten away! Still, he says - ‘Neither will I eat nor will I let you eat..’ !" Surjewala added.

₹50,000 to daughters of industrial workers pursuing higher education to purchase electric two-wheelers during an event at Palwal, PTI reported. The move will promote mobility and enable the daughters of industrial workers to be independent, Khattar said while speaking at Shri Vishwakarma Skill University in Palwal. The Haryana chief minister also made announcement to increase the scholarship amount for the children of industrial workers.

US International Development Finance Corporation (DFC) has sanctioned a $20 million long term loan for Gurgaon-based Ummeed Housing Finance to fund housing needs of the economically weaker and middle-income groups. The American funding body will provide the debt at a 4.25% fixed rate for 15 years, Ummeed's founder and managing director Ashutosh Sharma said. «This DFC facility would allow us to extend longer tenure credit to the underbanked population to assist with home purchases, construction, and extension. This will also help us diversify the wagon wheel of liability while the funding is attractive from an interest rate perspective,» Sharma told ET. The all blended cost of this borrowing including the hedging cost for five years would be anything between 8-9%, he said.

(Bloomberg) — The European Central Bank raised interest rates this week and trimmed growth estimates as President Christine Lagarde signaled a shift that could mean borrowing costs have peaked.

Narendra Modi is regarded as a great leader globally, Union minister Kiren Rijiju on Sunday asserted that developed nations' outlook towards India has changed significantly after the BJP-led government came to power in 2014. He was addressing a function here on the occasion of the launch of the PM Vishwakarma scheme, which envisages providing support to traditional artisans and craftspeople. «Earlier, leaders from India were not given importance during their visits to foreign countries.

Things are finally moving at Australia’s biggest horticultural company.

If the United Auto Workers strike isn't settled soon, consumers will see higher prices for new cars — and not just the ones from Detroit

A long stretch of hot, dry weather has left the Mississippi River so low that barge companies are reducing their loads as shipping costs soar

oil refiners are proving powerless to make enough diesel, opening a new inflationary front and depriving economies of a fuel that powers industry and transport alike. While oil futures are rocketing — on Friday they were just below $95 a barrel in London — the rally pales in comparison with the surge in diesel. US prices jumped above $140 to the highest ever for this time of year on Thursday. Europe’s equivalent soared 60% since summer. And it could get worse. Saudi Arabia and Russia have turned down the taps on production of crudes that are richer in diesel. On Sept. 5, both nations — leaders in the OPEC+ alliance — announced they would prolong those curbs through year-end, a period in which demand for the fuel usually picks up. “We’re at risk of seeing continued tightness in the market, especially for distillates, coming into the winter months,” said Toril Bosoni, head of the oil market division at the International Energy Agency, referring to the category of fuel that includes diesel. “Refineries are struggling to keep up.” The situation is challenging for a global refining fleet that’s been dogged by lackluster production for months. Searing Northern-Hemisphere heat this summer forced many plants to run at a slower pace than normal, leaving stockpiles stunted. There’s also been pressure on them to make other products instead like jet fuel and gasoline, where demand has rebounded hard, according to Callum Bruce, an analyst at Goldman Sachs Group Inc.

Six Democratic governors are warning the Biden administration that offshore wind projects need more federal funding and planning assistance

airports and airlines can help them become eco-friendlier and give the aviation sector a sustainable boost of growth, a new study by Indian Institute of Management (IIM), Lucknow and University of Liverpool has found. Led by IIM Lucknow, the study sheds light on how airlines and airports can collaboratively achieve sustainable growth through various agreements.

The United Auto Workers strike has exposed tensions between President Joe Biden's goals of fighting climate change and supporting unions

The union representing striking auto workers is describing its latest talks with Ford as reasonably productive

Supply problems and insurance complications have made it difficult for many patients to start and stay on new prescription medications used to treat obesity

Greek officials are assessing the staggering cost of repairing the damage from record flooding and compensating residents and businesses

Kenya’s president is wooing American tech companies, promising a business-friendly environment — even though he has raised taxes on businesses at home

Small-scale, tech-based solutions to transportation problems have emerged as a great equalizer in the battle for infrastructure dollars between big cities and rural communities

Vishwakarma Jayanti', Prime Minister Narendra Modi on Sunday launched 'PM Vishwakarma' scheme for the benefit of traditional artisans, with an allocation of Rs 13,000 crore. The event took place at the newly inaugurated India International Convention and Expo Centre in Dwarka, New Delhi. The launched scheme will offer skill enhancement through both basic and advanced training, a toolkit incentive of Rs 15,000, collateral-free credit support up to Rs 1 lakh (first tranche) and Rs 2 lakh (second tranche) at a concessional interest rate of 5 per cent, incentives for digital transactions, and marketing support, read a PMO press release. «PM Vishwakarma scheme has been launched today which will emerge as a ray of hope for artists and craftspersons,» said PM Modi during the event. The scheme will register 'Vishwakarmas', who create using their hands and tools, at no cost through Common Services Centres, utilising the biometric-based 'PM Vishwakarma' portal. These artisans and craftspeople will receive recognition in the form of a PM Vishwakarma certificate and ID card. It will benefit artisans and craftspeople in rural and urban areas across India.

Jefferies’ head of research Matthew Wilson does not mince words in his assessment of Westpac’s institutional bank.

The customer had lodged a home-and-contents claim after wild weather, but the insurer’s call centre couldn’t satisfactorily answer their questions. So, on a recorded conversation the corporate regulator reviewed, the customer asked how they could speak to another staff member.

IICC) — YashoBhoomi — in Dwarka and the nearly two-kilometre extension of the Airport Express line from Dwarka Sector 21 to YashoBhoomi Dwarka Sector 25 on Sunday. The mega expo centre in Delhi is said to find its place among the world's largest MICE (meetings, incentives, conferences, and exhibitions) facilities. The operationalization of YashoBhoomi at Dwarka could bolster PM Modi's ambition to have a world-class infrastructure for hosting meetings, conferences, and exhibits in the nation.Key highlights of YashoBhoomi