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13.06 / 16:05
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International
Italian PM Giorgia Meloni's 'Namaste' greeting at G7 Summit goes viral online
Giorgia Meloni greeted European Commission President Ursula von der Leyen and German Chancellor Olaf Scholz with a 'Namaste' at the G7 Summit in Italy. The traditional Indian greeting, symbolizing respect and mutual recognition, highlighted solidarity among the world leaders. The video of this greeting quickly went viral, evoking reactions from netizens, including one who commented, «Namaste karna sikh gai (learnt how to do Namaste).»
13.06 / 16:05
Election
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Lok Sabha Speaker's election on Jun 26; candidates can be proposed till Jun 25 noon
new Speaker on June 26 for which notices for motions supporting candidates can be submitted by members by 12 noon a day prior, the Lok Sabha secretariat said on Thursday. The 18th Lok Sabha will meet for the first time on June 24 and the session will conclude on July 3. At any time before 12 noon on the day preceding the date fixed for the election, any member can give notice in writing to the secretary general of a motion supporting another member for the office of the speaker, a Lok Sabha bulletin noted. «In the present case, notices of motions for the election of the Speaker can be given before 12 noon on Tuesday, June 25,» it explained.
13.06 / 15:33
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International
What to know about the G7 Summit, and why it matters
The heads of the Group of 7 nations — Britain, Canada, France, Germany, Italy, Japan and the United States — started their annual summit Thursday at a luxury hotel in Puglia on the southern Italian coast, overlooking the Adriatic Sea. The wars in Ukraine and the Gaza Strip and the threats posed by China's economic rise are high on the agenda.
13.06 / 15:33
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US, Europe agree to lock up Russian assets until it pays for Ukraine war, clearing way for USD 50 billion loan
United States and European countries have agreed to lock up sanctioned Russian assets until Moscow pays reparations for its invasion of Ukraine, a senior US official said on Thursday. The move clears the way for leaders to announce a USD 50 billion loan package for Kyiv at the Group of Seven summit, where President Joe Biden is set to sign a security agreement with Ukraine's Volodymyr Zelenskyy. The highly anticipated agreement will leverage interest and income from the more than USD 260 billion in frozen Russian assets, largely held in Europe, to secure a USD 50 billion loan from the US and additional loans from other partners. The first disbursements will be made this year, but it will take time for Ukraine to use all the money, the official said. The official spoke on the condition of anonymity to preview the agreement, which will be included in the G7 leaders' communique on Friday.
13.06 / 14:21
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El Salvador Prison: Thousands of gang members kept in cramped cells amid torture, fear of death. No one comes out alive
El Salvador, built to hold members of the country's most violent gangs. Known as the Centre for the Confinement of Terrorism, this huge facility in Tecoluca can hold about 40,000 prisoners, similar to fitting two full Madison Square Gardens, as per the reports of 'New York Post'. The El Salvadoran government posted photographs of numerous severely tattooed, shirtless prisoners being transferred to the maximum-security jail. These prisoners are continuously in fear of being tortured or killed while being held in small, artificially lit cells. No inmate who has ever been admitted has ever been freed.
13.06 / 14:21
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International
AI, energy, Africa to be in focus, says PM Modi as he leaves for Italy for G7 outreach session
Italy to attend an Outreach session at the G7 summit, Prime Minister Narendra Modi on Thursday said its focus would be on artificial intelligence, energy, Africa, and the Mediterranean. Modi said this in a departure statement before leaving for the European nation in his first foreign trip after becoming prime minister for a third term. The prime minister said issues crucial for the Global South will also be deliberated upon at the Outreach session. The G7 summit, to be held in the luxury resort of Borgo Egnazia in Italy's Apulia region from June 13 to 15, is expected to be dominated by the raging war in Ukraine and the conflict in Gaza.
13.06 / 10:53
UPS
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Pride
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Haldia Petrochemicals Limited announces 10-year naphtha supply agreement with QatarEnergy
Haldia Petrochemicals Limited (HPL) on Thursday announced an agreement with QatarEnergy to secure long-term naphtha supply. QatarEnergy will supply a total of up to 2 million tons of naphtha to HPL through its 100% subsidiary, HPL Global Pte Limited, Singapore over the next ten years. The deal will come into effect from the second quarter of 2024, HPL said in a press release.
13.06 / 07:57
Software
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More job losses? 10,000 freshers from major IT firms Infosys, Wipro and TCS await onboarding: Report
Times of India reported. As per the report, Harpreet Singh Saluja, the President of the IT employee union, said that candidates who were offered positions in companies including TCS, Infosys, Wipro, Zensar, and LTIMindtree have complained to the labour union about delays in onboarding.
13.06 / 05:55
Election
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Amit Shah criticized over his 'stern' talk with Tamilisai Soundararajan amid infighting in Tamil Nadu BJP: WATCH
Soundararajan and instructing her something while waging his finger. Tamilisai was the BJP's Lok Sabha Election candidate from South Chennai.
13.06 / 03:45
Target
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gatherings
US widens sanctions on Russia to discourage countries such as China from doing business with Moscow
The United States has widened its sanctions against Russia as G7 leaders prepare to gather in Italy for a summit where top priorities will be boosting support for Ukraine and grinding down Russia’s war machine
13.06 / 03:45
13.06 / 03:45
CEO
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Elon Musk drops lawsuit against ChatGPT-maker OpenAI without explanation
Elon Musk has dropped his lawsuit against OpenAI just ahead of a scheduled Wednesday hearing on the case
13.06 / 03:45
13.06 / 02:53
13.06 / 01:15
Aviat
Manufacturing
Airlines
Boeing
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Investigations
Airlines ready to trust Boeing again, but want quality and safety in place
emergency exit door, blew out, causing an uncontrolled decompression of the aircraft. The aircraft returned to Portland and several passengers required medical attention after landing.As a result, the National Transportation Safety Board of the US opened an investigation into the Alaska Airlines incident and weeks later, the NTSB was also investigating another incident in February in which a United Airlines pilot in a Boeing 737 Max-8 reported stuck rudder pedals during a landing.“I think Boeing has work to do.
12.06 / 22:39
COST
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Fox
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How it started... how it's going: Cost of living still way up compared to pre-Biden norm
'The Big Money Show' co-hosts Brian Brenberg and Taylor Riggs discuss inflation in America, the Fed's monetary decision, student loan handouts and the majority of Trump supporters prioritizing families.
12.06 / 21:05
COST
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President
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Department
Updates
7th Pay Commission: DA hiked by 4% for govt employees in THESE states – Check details
7th Pay Commission News: Days after the Lok Sabha poll results, the West Bengal government has increased the dearness allowance for over a million government employees in the state. The DA is hiked by 4% to 42% and will be effective from April 1, which means employees will also get 2 months’ arrear when they receive the June month’s salary.
12.06 / 21:05
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CREDAI-NCR stresses Deemed Approval clause to accelerate real estate deliveries
Following the mandate by UP RERA requiring promoters to obtain an OC/CC before offering possession letters to all allottees, the Confederation of Real Estate Developers Association of India NCR (CREDAI-NCR) has reiterated the critical importance of the long-standing regulation concerning the approval process for Occupation Certificates (OC) and Completion Certificates (CC) in the real estate industry.
12.06 / 20:33
COST
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Progressive
security
economy
President
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Federal Reserve reveals June rate decision
Federal Reserve officials penciled in just one interest-rate cut this year and forecast more cuts for 2025, reinforcing policymakers’ calls to keep borrowing costs high for longer to suppress inflation.
12.06 / 17:43
markets
COST
Citi
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CIBC
reports
Rate Cut
Posthaste: How much are variable-rate mortgage holders saving after the rate cut?
For those with a variable rate mortgage, last week’s Bank of Canada interest rate cut was welcome relief, but how much Canadians ultimately saved really depends on where they live.
12.06 / 17:07
markets
UPS
Strategy
President
reports
Relationships
Sequoia taps industry veteran Chris Thom for new C-suite role
Sequoia is positioning itself for strategic growth as it unveils a new C-suite hire to help it build crucial relationships and map out its strategic marketing.
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