Slamming India for backing former Bangladesh PM Sheikh Hasina, chief adviser Muhammad Yunus said on Wednesday that Dhaka’s ties with New Delhi are strained also because India didn’t like last year’s student protests that led to her ouster. “They (India) are hosting Hasina who created all these problems and killed young people,” Yunus said during…
NEW DELHI: A new study has estimated India’s logistics cost at 8% of GDP, with smaller firms having a higher burden.In 2023-24, for entities with turnover of up to Rs 5 crore, the cost added up to 16% of their output while it was pegged at 7.6% in the case of companies with turnover of…
MUMBAI: Standard Chartered India CEO P D Singh sees the India-Middle East trade corridor as a promising one for adoption of rupee invoicing, even though it’s a gradual shift. “It is picking up in Middle Eastern corridors and could expand in future, much like how Chinese yuan invoicing became common in solar equipment trade,” he…
Lucknow: Women’s participation in the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS) in Uttar Pradesh has hit a record high, reaching 42.31% of the total workforce in the 2025-26 fiscal year.The previous highest of 42.26% was recorded in 2023-24, after which it dropped to 41.87% in 2024-25, according to the latest data from the…
BENGALURU: Accenture CEO Julie Sweet said H-1B visas are not a major concern for the company, noting that just 5% of its US workforce is on such visas.“This is really a non-issue because we only have about 5% of our people in the US on H-1B visas, and they’re for really specialised experience and skills…
MUMBAI: RBI has signalled the end of OTP-only second-factor authentication (2FA or AFA) for payments with its Authentication Directions, 2025, issued on Thursday.For consumers, the changes promise fewer bottlenecks and more choice. SMS-based OTPs, prone to delay and interception, will cede ground to biometrics, app-based tokens, or device-native methods such as face ID. Liability for…
Ameesha Patel, who rose to fame with films like Gadar: Ek Prem Katha, has always kept her personal life away from the spotlight. At 50, the actress remains unmarried, but in a recent candid moment, she opened up about love, crushes, and even one-night stands. ‘Tom Cruise has always been my crush’ On Ranveer Allahbadia’s…
NEW DELHI: The Union home ministry cancelled Thursday the licence issued under Foreign Contribution (Regulation) Act, 2010 to Ladakh activist Sonam Wangchuk‘s NGO, Students Educational and Cultural Movement of Ladakh, over alleged violations. Wangchuk had alleged that the govt was building a case to put him behind bars.The cancellation came hours after MHA attributed Wednesday’s…
PUNE: Finance minister Nirmala Sitharaman on Thursday called upon banks and financial institutions with strong balance sheets to step up lending for public infrastructure, industry and the MSME sector.Addressing the Foundation Day event of Bank of Maharashtra, Sitharaman highlighted the critical role of banks amid growing global uncertainty. “The global environment has become increasingly unpredictable….
NEW DELHI: IRS officer and former Narcotics Control Bureau (NCB) zonal director Sameer Wankhede has filed a defamation suit in Delhi high court against the makers of the Netflix drama series ‘The Ba***ds of Bollywood’.The suit filed on Thursday seeks an injunction and Rs 2 crore in damages for misleading and negative portrayal of anti-drug…
