RAI Financial News

Waqf Amendment Bill passed, and the Opposition looking to raise the issue of US planning to impose reciprocal tariffs on India, and the political slugfest over language and the delimitation issues. The Finance Bill and Demands for Grants are the crucial items on the legislative agenda — approval for both is mandatory for completing the budgetary process. The discussion on the demand for grants for several ministries would be held in both houses of Parliament. President's Rule in Manipur

Virat Kohli and Anushka Sharma hugging each other at the Dubai stadium. India won another global cricket tournament with a four-wicket victory over New Zealand in the Champions Trophy final on Sunday. Rohit Sharma led the chase with 76 off 83 balls and Lokesh Rahul’s unbeaten 34 helped India cross the finish line on 254-6 in 49 overs to win the Champions Trophy for the third time.

Odisha government on Sunday issued an advisory to all collectors given the India Meteorological Department's (IMD) forecast on the rise in the daytime temperature. In a weather bulletin, the IMD said that the daytime temperature would rise by 3 to 5 degrees Celsius during the next four to five days in the state. The maximum temperature is expected to increase to about 40 degrees C and above over isolated places of Sundergarh, Jharsuguda, Sambalpur, Sonepur, Boudh and Bolangir districts during the next five days, it said. Given this forecast, the office of the Special Relief Commissioner (SRC), Odisha, advised the collectors to circulate the hot weather warning message among the public.

Rohit Sharma’s journey as India’s white-ball captain has been nothing short of extraordinary. At this moment, no proof is needed to claim that. India have been crowned as Champions for the record third time, and Hitman deserves all the appreciation for this one. While no one can erase the harsh memories of November 19, 2023, where India lost the ODI World Cup to Australia, Sharma, led India to a T20 World Cup victory in June last year and now it's the Champions Trophy. With multiple ICC trophies, Asia Cup titles, and record-breaking performances, he has now cemented his place as one of India's greatest leaders in limited-overs cricket.

Initially meant for him and his partner, the game soon found a larger audience when Wardle decided to make it publicly available in October 2021. Within months, Wordle became a sensation, capturing the attention of word-game enthusiasts across the English-speaking world. Social media played a significant role in its meteoric rise, as players began sharing their daily scores and engaging in friendly competition.

«The aircraft is grounded and will be back in operations post necessary repairs and clearance,» the statement said. «At IndiGo, the safety of our customers, crew, and aircraft is our top priority. We operate with the highest standards of safety. We regret any inconvenience caused to our customers due to subsequent cancellations due to this grounding,» the statement added.

Speaking to CNN, Adam Boehler — a Jewish American — acknowledged it had been «odd» sitting face-to-face with leaders of a group that the United States has listed as a «terrorist» organization since 1997. The talks took place in recent weeks. Boehler said he understood Israel's «consternation» that the US had held talks at all with the group, but said he had been seeking to jump-start the «fragile» negotiations.

The decision came as part of President Donald Trump's «maximum pressure campaign» on Iran, which is «designed to end Iran's nuclear threat, curtail its ballistic missile programme and stop it from supporting terrorist groups,» the statement said. «We urge the Iraqi government to eliminate its dependence on Iranian sources of energy as soon as possible, and welcome the Iraqi Prime Minister's commitment to achieve energy independence,» the statement said.

«If the third child is a boy, we will give a cow and a calf. Will make a fixed deposit of Rs 50,000 if the third child is a baby girl. The Indian population has to rise,» Appala Naidu told PTI on Sunday. The parliamentarian said he was inspired by the calls given by Chief Minister N Chandrababu Naidu and Prime Minister Narendra Modi to raise India's population.

WHY DOES THERE NEED TO BE A RACE? Unlike in Australia and Britain, where prime ministers are chosen by legislators and can be removed very quickly, the heads of political parties in Canada are chosen by members in special contests. Trudeau's resignation automatically triggered a leadership race. The new head of the Liberal Party will become the new prime minister.

Nagarkurnool civil hospital for post mortem and to follow other procedures, a senior official told PTI. The body could be extricated following «very careful» digging and other efforts for more than 48 hours, he said. It was buried under silt at a depth of about 10 feet. Efforts were on to ascertain the identity of the deceased, a police official said.

Narendra Modi became Prime Minister and people do not talk about anti incumbency against the government. He said people talk about pro incumbency and are voting for BJP in successive election. Addressing a rally in Agartala, J.P. Nadda said that the anti-incumbency issue is a past now in India as people have very much satisfied with BJP and that’s why, they voted for the BJP for the third consecutive term in the 2024 Lok Sabha elections.

Chinese investors are funneling tens of millions of dollars into private companies controlled by billionaire Elon Musk, using an arrangement that shields their identities from public view, the Financial Times reported on Sunday. The investments are being placed through special-purpose vehicles to avoid the ire of U.S authorities and companies wary of Chinese capital during a low-point in relations between the two countries, the report said, citing asset managers and investors involved in the transactions. Three Chinese-backed asset managers told the Financial Times that they had sold more than $30 million of shares in SpaceX, xAI and Neuralink, three Musk-controlled private technology companies, to investors over the past two years.

This daily word game, available on the NYT website and app, offers an engaging challenge for puzzle enthusiasts, featuring unique themes and the much-anticipated «spangram.» Strands has swiftly become a part of many players’ daily routines, with each puzzle lasting only a few minutes but delivering ample excitement.

Tech billionaire and advisor to former US President Donald Trump, Elon Musk, has hit back at critics accusing him of siding with Russia. Musk said he has previously stood up to Russian President Vladimir Putin. Replying to a user on X (formerly Twitter) on Saturday, Musk wrote, “I literally challenged Putin to one-on-one physical combat over Ukraine.” He also pointed out that his company’s Starlink satellite system is crucial for Ukraine’s military communication. “Their entire front line would collapse if I turned it off,” he said.

This streak, which has persisted since November 2023, reached its peak during the ICC Champions Trophy final against New Zealand in Dubai, with Lara's record having been established between October 1998 and May 1999. In the final match, New Zealand captain Mitchell Santner won the toss and opted to bat first, facing an unchanged Indian lineup. However, New Zealand's pace bowler Matt Henry was ruled out due to a shoulder injury sustained during the semi-final against South Africa, leading to Nathan Smith stepping in as his replacement.

Congress on Sunday condemned the vandalisation of a Hindu temple in United States' California and said such acts of hatred and intolerance were utterly unacceptable. The Bochasanwasi Akshar Purushottam Swaminarayan Sanstha (BAPS) temple in California was defaced with anti-India graffiti by some unknown persons in another incident targeting the community's sacred spaces in the US. BAPS said its Shri Swaminarayan Mandir in Chino Hills city of San Bernardino County was desecrated. Congress' media and publicity department head Pawan Khera said, «The Indian National Congress condemns in the strongest possible terms, the vandalism of the BAPS Shri Swaminarayan Mandir in Chino Hills, California.»

ONGC PetroAdditions Ltd, a subsidiary of the state-owned Oil and Natural Gas Corporation (ONGC), has relinquished its 'only-for-export' unit status as it aims to tap into the booming local petrochemical market to drive a turnaround. In a stock exchange filing, ONGC said OPaL has received the final approval for its exit from the Dahej Special Economic Zone (SEZ). «Accordingly, OPaL shall operate as a Domestic Tariff Area (DTA) unit with effect from March 8, 2025,» ONGC said. «Further, this exit from SEZ will improve the competitiveness of OPaL for supplies to be made to the DTA». This essentially means primarily catering to the domestic Indian market instead of focusing on exports, which is the primary purpose of an SEZ unit. It will now not have to pay customs duty on products sold within India, helping improve margins.

Indian Solar Manufacturers Association (ISMA) has demanded imposition of safeguard duty on import of polysilicon, ingot and wafer to help protect the domestic solar manufacturing industry from dumping and boost local capabilities. Sunlight is converted into electricity through a process called photovoltaics (PV). This involves several key components working together to harness the energy from the sun. At the core are solar cells, which are made from silicon. These are grouped together and mounted on a solar panel or module which captures sunlight and converts it into direct current (DC) electricity. According to ISMA, India is already self-sufficient in module manufacturing, helped by duty protection measures. Also, significant cell capacities are under ramp-up and the country will be self-sufficient by FY27 in cell manufacturing. «Need of the hour is to shift focus towards capital and energy intensive upstream manufacturing which is currently dependent on China with heavy dumping and price manipulation,» ISMA said in a presentation to the Ministry of New and Renewable Energy.

NMDC on Sunday said worker unions are staging protests despite negotiations underway over the wage revision. It has already intimated to the Chief Labour Commissioner (Central) in the national capital that the trade unions have resorted to a «willful» slowdown of work and work-to-rule with effect from March 6, NMDC said in a statement. The most recent wage revision occurred in 2017, and the next one was due in 2022, according to NMDC. The charter of demands (COD) was submitted by the unions on February 27, 2023.

The Kolkata bench of the National Company Law Tribunal (NCLT), on October 18, 2024, approved the resolution plan filed by Uniglobal Papers, which was challenged by Merico Agro Industries and Nagri Farm Tea Co before the appellate tribunal. While approving the resolution plan, the NCLT in its order (paragraphs 18) had asked Uniglobal Papers, the successful bidder, to make an application for renewal of the leases and to get possession, if granted.