Country Financial News
02.06 / 11:51
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International
India’s forex reserves slip from record high, down by over $2 billion, gold reserves fall by $482 million: RBI data
ALSO READ: India's forex reserves jump for third week to hit fresh record high of $648.7 bnIndia’s forex reserves’ last all-time high was in October 2021.During the reporting week ended May 24, the foreign currency assets (FCA), the biggest component of the forex reserves, in the country fell by USD 1.510 billion to USD 567.499 billion, showed the RBI data.Gold reserves stood at USD 56.713 billion, down by by USD 482 million. So far this year, the forex reserves have grown about USD 28 billion on a cumulative basis.As per a RBI report, the foreign exchange reserves are sufficient to cover around 11 months of projected imports of the country.In 2023, the central bank had added about USD 58 billion to its foreign exchange kitty.
02.06 / 11:41
02.06 / 11:03
UPS
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Updates
BJP-led NDA will get more seats than predicted by exit polls: Union minister Athawale
Athawale on Sunday said the ruling National Democratic Alliance (NDA) will get more number of Lok Sabha seats than predicted by the exit polls. Addressing a press conference here, Athawale expressed confidence that the BJP-led NDA will get more than 400 seats in the 543-member Lok Sabha.
02.06 / 11:03
Election
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Bhagat Singh was hung to death, I am ready to do the same: Kejriwal before going back to Tihar jail
Tihar jail, Delhi Chief Minister Arvind Kejriwal decried the incumbent Narendra Modi government's alleged dictatorship, and said that like Bhagat Singh, he is ready to die for the country.
02.06 / 10:19
UPS
Dash
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blues
cricket
Babar Azam opens up on ‘handling nervousness’ ahead of India vs Pakistan T20 World Cup 2024 match: ‘More you focus on..’
among players but also among the fans," Babar Azam said in a PCB podcast."Wherever you go in the world, you'll have people talking about the India-Pakistan match with everyone supporting their country. Every fan eagerly waits for this fixture and focuses on this one particular match," he added.
02.06 / 07:45
COST
CEO
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Job cuts in Tata Steel's UK operations ‘inevitable’, says CEO T V Narendran
Tata Steel's operations in the UK, which are in a transition phase, is “inevitable", the company's CEO T V Narendran said.As reported by PTI, concerns about potential job losses have led to criticism from workers' unions, prompting ongoing protests against Tata Steel in the UK. Tata Steel, an India-based company, operates the largest steelworks in the UK, with a capacity of 3 million tonnes per annum, located in Port Talbot, South Wales.The company employs approximately 8,000 people across its operations in the country.
02.06 / 07:05
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Updates
Exit polls a corporate game and fraud, claims Sanjay Raut
Shiv Sena (UBT) MP Sanjay Raut on Sunday described the exit polls as a "corporate game and a fraud" and claimed there was pressure on the media companies which conduct it. Speaking to reporters here, the Rajya Sabha member claimed the opposition INDIA bloc will win 295 to 310 seats in the 543-member Lok Sabha and form government.
02.06 / 05:53
President
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PM Modi, Rahul Gandhi extend greetings on Telangana statehood day
Also Read: PM Narendra Modi to hold 7 meetings, session to review agenda for 100 day program todayBharat Rashtra Samiti working president and former state minister KT Rama Rao said that the struggle for the formation of the state was successful as Telangana has become one of the leading states in India."We are happy that our struggle for the formation of this state was successful. The state is among one of the leading states of the country.
02.06 / 05:35
COST
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Citi
Trade
country
Gold and silver prices today on 02-06-2024: Check latest rates in your city
gold in the last one week has been -0.9% .whereas in the last month it has been -0.8%.The cost of silver is Rs.92630.0 per kg Gold Price Today in Delhi is ₹74671.0/10 grams. Yesterday’s Gold Price on 01-06-2024 was ₹73846.0/10 grams. and last week’s gold price on 27-05-2024 was ₹73180.0/10 grams.
02.06 / 05:35
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International
India can cheer its low debt, but here’s the catch
reassuring, but external debt is only one part of our external liabilities. For a full picture of what India owes to foreigners, it is more useful to track India’s international investment position (IIP), which shows the stock of international financial assets and liabilities at a point in time. On the assets side, IIP includes all foreign financial assets that Indians own, including international reserves held by the central bank.
02.06 / 05:35
Citi
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mountaineering
A landslide buried a village at 3 a.m. Could it have been predicted?
SYDNEY—After a landslide hit Papua New Guinea’s highlands in the middle of the night last month, locals used spades, sticks and their bare hands to clear debris that authorities say buried people while they slept. Half a world away, Dan Shugar, an associate professor at the University of Calgary who studies landslides, wondered whether scientific methods could have detected the impending disaster and helped to prevent the loss of life. Looking at historical satellite imagery, Shugar found evidence of what appeared to be a small landslide in the same location in January 2022, and then an even smaller one in the days before the catastrophic collapse.
02.06 / 05:01
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US trying to build Asia-Pacific version of NATO: Chinese defence official
Asia-Pacific version of NATO through its Indo-Pacific strategy to maintain its hegemony in the region, a Chinese defence official has said, stressing that Washington's attempt to serve its «selfish» geopolitical interest is «doomed to fail». The remarks by Lieutenant General Jing Jianfeng, deputy chief of staff of the Joint Staff Department of the Central Military Commission, came in response to US Secretary of Defence Lloyd Austin's speech during the Shangri La Dialogue on Saturday in which he spoke about strengthening alliances and partnerships across the region.
02.06 / 04:39
02.06 / 04:35
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Food
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Planning parties for June 2024? Be aware of dry days in India | Full list here
Lok Sabha election results and Karnataka Legislative Council elections — when alcohol sales are prohibited nationwide.In June 2024, there are multiple dry days nationwide, impacting the availability of alcohol for sale. Below is a detailed overview of the particular dates and the reasons behind them:June 1 to June 3: This four-day dry spell results from the Karnataka Legislative Council elections. Liquor sales, distribution, and transportation will be prohibited during this period.
02.06 / 04:09
02.06 / 02:39
COST
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film
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reports
boating
Veraval and Alang: The Gujarat towns where ships are scrapped
kharvas, sarangs and malams, these young men kept commerce and trade alive in the triangle between India’s west coast, the Middle East and East Africa. Many of these boats, also called dhows, would end their lives on this coast too, as they’d come to be broken up in Alang, along with mightier beasts made of iron.In 2013, Shaina Anand and Ashok Sukumaran, from the Mumbai-based artists’ collective CAMP, began documenting the lives of Kachchhi sailors in India, Sindh and Balochistan in Pakistan, and southern Iran, and followed them on their voyages to Sharjah and Dubai.
02.06 / 02:37
02.06 / 01:43
Landmark
Sustainability
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rock
innovations
Updates
China makes historic landing on far side of the moon
China landed an uncrewed spacecraft on the far side of the moon on Sunday, a landmark mission which aims to retrieve rocks and soil from the lunar surface, China's space agency said.
02.06 / 01:43
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Rahul Gandhi, Mallikarjun Kharge to hold meeting to strategise on poll outcomes
Lok Sabha polls and the exit polls predicted yet another victory for the Narendra Modi-led Bharatiya Janata Party (BJP) government at the Centre, Congress MP Rahul Gandhi is slated to join a virtual meeting with all candidates from his party along with party chief Mallikarjun Kharge on Sunday morning, sources from the party said.
01.06 / 19:39
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security
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Latin
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US dampens criticism of El Salvador's president as migration overtakes democracy concerns
Nayib Bukele, on a trip to Washington, snubbing the self-proclaimed “world's coolest dictator" for fear a photo op would embolden his attempts to expand his power base. A little more than three years later, it's the United States that's courting Bukele. A high-level delegation led by U.S.
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