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mortal remains of a fisherman who died at sea to the Indian Navy near the International Maritime Boundary Line (IMBL) in the wee hours on Saturday, an official release here said. Indian Navy ship, INS Bitra, which was on deployment off Rameshwaram, coordinated with the Sri Lankan Navy ship and received the fishermen and the dead body at sea at about 1 am. The Indian Navy ship then proceeded to Rameshwaram, where the Navy Officer from the Naval Detachment coordinated with marine police and Tamil Nadu Fisheries department in transferring the mortal remains and the fishermen, at around 3 am, the release said. On August 1, a fisherman from Tamil Nadu's Rameswaram reportedly died and another went missing when the boat in which they were fishing in the mid-sea capsized after colliding with the Sri Lankan Navy ship.

stocks sold off for a second straight session on Friday, and the Nasdaq Composite confirmed it was in correction territory after a soft jobs report stoked fears of an oncoming recession. The Labor Department said nonfarm payrolls increased by 114,000 jobs last month, well short of the 175,000 average forecast by economists polled by Reuters, and the at least 200,000 that economists believe are needed to keep up with population growth. The unemployment rate jumped up to 4.3%, near a three-year high.

The Justice Department sued TikTok on Friday, accusing the company of violating children’s online privacy law and running afoul of a settlement it had reached with another federal agency

MUMBAI: India's real estate market just got a bit more transparent for tax authorities, but this increased scrutiny can change the dynamics of property transactions. A new tax rule, effective from October, will close a loophole that has allowed property sellers to skirt their tax obligations.

Economist Peter Morici criticizes the Biden administration’s economic policies and discusses former President Trump’s campaign push to cut taxes on Social Security benefits. 

Telangana Chief Minister A Revanth Reddy on Friday said the state government would provide free electricity to about 30,000 government schools as part of measures to improve infrastructure facilities. Addressing a convention of teachers who have recently been promoted, he also said Delhi Chief Minister Arvind Kejriwal won elections thrice as he improved government schools and provided quality education to the poor. Observing that electricity supply is a sine qua non for imparting quality education in schools, including using computers, he said power supply was stopped by the energy department when electricity bills of schools were not paid, he said. «When (free power) is given to farmers and 200 units free (power) is provided to the poor, why cannot free electricity be provided in schools where Telangana's future is built. I gave directives to our government officials to provide free power to the 30,000 schools in Telangana. The state government will take that burden,» he said.

Delhi Police has sought information from the Maharashtra government, the IAS training academy in Mussoorie and AIIMS Delhi on former IAS prohibitionary officer Puja Khedkar in connection with a cheating and forgery case, sources said on Friday. Khedkar was booked by the Delhi Police Crime Branch on July 19 for wrongly availing OBC and PwD (person with disabilities) quota benefits to secure her candidature in the civil services exam. On Thursday, a Delhi court denied her anticipatory bail, saying there were serious allegations against her which «require a thorough investigation». Khedkar, who has not been arrested in the case, had approached the court through her lawyer, saying she faces «immediate threat of arrest».

employment report for July raised expectations that the Federal Reserve will cut interest rates by 50 basis points in September as the economy sours. Employers added 114,000 jobs, below expectations for an increase of 175,000. The unemployment rate rose to 4.3%, above economists expectations that it would be unchanged on the month at 4.1%.

civil services exam but was declared «temporarily unfit» to be a civil servant due to obesity, the Supreme Court came to his rescue on Friday by ordering the UPSC to conduct his medical examination afresh. The top court used its special powers under Article 142 of the Constitution, directing the Union Public Service Commission (UPSC) to conduct a fresh physical fitness test for Rakshit Shivam Prakash, who ranked 93 in the civil services exam held in 2014 but lost out due to «unacceptable» Body Mass Index (BMI). The BMI of the candidate was at 31.75, which is higher than the prescribed standard of 30. He was declared «temporarily unfit» and consequently, denied employment. He could not take part in the second medical test scheduled on July 14, 2015. Article 142 of the Constitution empowers the top court to pass «any decree or order necessary for doing complete justice in any case or matter pending before it».

Construction is booming in states like Arizona, California, Florida and Texas.

public comments till August 30 on its proposed amendment to bring uniformity in rules regarding mandatory declaration on packaged commodities sold in the retail market, except for institutional consumers. According to an official statement, the Department of Consumer Affairs has extended the timeline for submission of comments on the proposed amendment in Rule 3 of the Legal Metrology (Packaged Commodities) Rules, 2011 until August 30. The last date of submission was July 29. The Legal Metrology (Packaged Commodities) Rules, 2011 make it mandatory to declare information like name and address of the manufacturer/ packer/ importer, country of origin, common or generic name of the commodity, net quantity, month and year of manufacture, MRP, Unit Sale Price, best before/use by date and consumer care details on all pre-packaged commodities. However, Rule 3 provides that these rules are not applicable for the packaged commodities containing quantity of more than 25 kilogram or 25 litre except cement, fertilizer and agricultural farm produce sold in bags above 50 kilogram. It is presumed that the packaged commodities meant for retail sale are not more than 25 kg, the statement said.

Employers added just 114,000 jobs in July, the U.S. Labor Department reported, and the unemployment rate rose to 4.3%. The data pointed to an unexpected deterioration in the labor market that had held up surprisingly well during the Fed's aggressive rate-hike campaign.

Congress leader Jairam Ramesh on Friday submitted a notice to move a privilege motion against Union Home Minister Amit Shah, alleging that he «misled» the Rajya Sabha by his emphatic statements on early warnings issued by the Centre to the Kerala government ahead of the Wayanad landslides «which have been proven to be false». Ramesh, who is the Congress' chief whip in the Rajya Sabha, said in his letter to Chairman Jagdeep Dhankhar that in his response to a Calling Attention on the Wayanad landslides in the Rajya Sabha on July 31, 2024, the home minister made several claims on early warning systems and how they were not utilized by the Kerala government inspite of alerts issued by the Union government well ahead of the tragedy. «These claims have been extensively fact-checked in the media. One such detailed fact-check published in The Hindu dated August 2, 2024 is attached,» Ramesh said in his letter, which was also signed by Congress' deputy leader in the House Pramod Tiwari and senior leader Digvijaya Singh.

A spokesperson for UBS AM refused to comment on Chow's departure, but said «there have been some changes to the set up and responsibilities within our engagement team, which continues to be led by Francis Condon». Chow's departure happened shortly after the firm's head of impact investing Narina Mnatsakanian left the asset management division of UBS in June. UBS AM impact investing chief departs as Credit Suisse integration progresses News about Chow and Mnatsakanian exiting UBS came amid a sweep of senior changes at the lender. Chow started her career in 2001 as part of the gra...

For real estate owners, especially those with long-held properties, the provisions of the Union Budget 2024 came as a rude shock, leaving them scrambling to decipher the new tax landscape.

Geological Survey of India (GSI) on Friday said its regional forecast bulletins for the district were experimental and issued once a day for ground testing. This process was a «part of building a prediction model», which will take 4-5 years to be ready for public use, a GSI official said. «GSI has started issuing regional landslide forecast bulletins on an experimental mode once a day for Wayanad district, Kerala. These are issued only to the State Disaster Management Authority (SDMA) and District Disaster Management Authority (DDMA) for ground testing since the onset of the 2024 monsoon. It is restricted only to SDMA and DDMA for receiving feedback,» a GSI spokesperson told PTI. These forecasts are based on rainfall predictions provided by the National Centre for Medium-Range Weather Forecasting (NCMRWF) and the India Meteorological Department (IMD) to prepare landslide thresholds, he said.

Delhi government extensively mapped the city's utilities, creating a geospatial database that included both two-and three-dimensional information on underground and overground assets. Recently, the government has decided to modernise this infrastructure to provide more accurate data and integrated services using the latest technologies, reported The Times of India. This initiative will start with a pilot project covering Mehrauli, Masoodpur, and Rangpuri villages using high-resolution drone surveys. The original database operational since over a decade includes comprehensive spatial datasets covering drains, sewers, water pipes, power lines, buildings, and transport networks, among other utilities. This database was accessible over the web and widely used by various departments and stakeholders to solve planning issues ranging from bus routes to drainage and preventive health campaigns.

Replying to a question in Rajya Sabha by MP Sushmita Dev, Minister of State of Home Affairs Nityanand Rai on Thursday stated that, as per information furnished by the State Government of Assam, 880 casualties have been reported due to floods in Assam from 2019 to July 25 this year. «157 casualties reported in 2019, 190 in 2020, 73 in 2021, 278 in 2022, 65 in 2023 and 117 in this year up to July 25,» Rai said in the Upper House of Parliament.

The U.S. Department of Transportation is proposing a new rule that would ban airlines from charging parents to sit with their young children

government employee in the failed attempt to assassinate an American citizen on US soil last summer, an official said. «We continue to expect accountability from the government of India in relation to the alleged role of an Indian government employee in the failed attempt to assassinate a US citizen on US soil that occurred last summer,» State Department Deputy Spokesperson Vedant Patel told reporters at his daily news conference. «We continue to raise our concerns directly with the Indian government at senior levels,» he said. Patel, however, declined to comment on a news report alleging that Canadian authorities claim to have arrested five Indian nationals planning to target a Sikh separatist at a wedding ceremony.

Officials say an overnight protest by climate activists at Leipzig/Halle Airport in eastern Germany forced a three-hour halt to cargo flights