Trump imposed 50% tariffs on India (AI image) NEW DELHI: The recent US decision to impose steep tariffs on Indian goods could boomerang on the American economy by pushing up inflation and shaving growth, according to an analysis by the State Bank of India (SBI). The report, quoted by ANI, estimates that US GDP growth…
Anti-Narcotics Task Force of Barabanki arrested three active drug traffickers on Thursday. The operation led to seizure of 90 kg and 70 grams of cannabis, value of which is estimated to be Rs 50 lakh. A motorcycle was also seized . Those arrested were identified as Rahul Singh (36), Shani Singh (38), Satyaprakash Singh alias…
Lucknow: Hectic preparations are underway across Ayodhya for the success of Sunday’s Deepotsav with volunteers giving final touches to the ghats. In all, 26.11 Lakh diyas will be illuminated along the Ram Ki Paidi and 56 other ghats this year. The state is eyeing to scale up its Guinness World Record with a new target.Describing…
Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, reported an 84% year-on-year rise in consolidated net profit to Rs 3,199 crore for the September quarter, boosted by a one-time gain from the sale of its stake in AWL Agri Business Ltd (formerly Adani Wilmar Ltd).However, excluding the exceptional gain of Rs 3,583…
The Centre is set to push for a 5 per cent tax on electric vehicles (EVs) as part of its ambitious overhaul of the Goods and Services Tax (GST) that seeks to lower tax rates on daily-use items ranging from butter to electronics. The all-powerful GST Council, chaired by Union Finance Minister Nirmala Sitharaman and…
Asian markets inched higher on Friday amid holiday-thinned trading, with several exchanges remaining closed for the Boxing Day holiday. Regional stocks extended gains after Wall Street ended the week at record highs, while most global markets were shut on Thursday for Christmas.Markets in Tokyo, Shanghai, Seoul and Taipei all posted gains. Japan’s Topix climbed to…
Airbus has issued an urgent global directive for A320-family operators to fix a software issue that could affect flight-control systems on thousands of aircraft, after a JetBlue A320 unexpectedly pitched downward on October 30. The problem, linked to intense solar radiation corrupting critical flight-control data, has prompted India to ground over 350 A320s for 2–3…
Heavy rains over the weekend have battered Himachal Pradesh, closing hundreds of roads, cutting power and water supply, and flooding several homes.Officials said on Sunday that a total of 484 roads, including two national highways, have been closed for vehicular traffic as moderate to heavy showers continue across the state.The local meteorological office has issued…
SRINAGAR: J&K’s chief cleric Mirwaiz Umar Farooq and at least two senior politicians – PDP president and ex-CM Mehbooba Mufti and Sajad Lone of People’s Conference – alleged on Thursday that the administration ordered their house arrest to prevent them from attending the funeral of pro-Pakistan separatist Abdul Gani Bhat.“I have been locked up inside…
Lucknow: The Uttar Pradesh Power Corporation Limited (UPPCL) has formally asked the state power regulator for permission to recover the cost of smart meters from consumers. Interestingly, it came shortly after power minister Arvind Kumar Sharma told the Vidhan Sabha that no existing electricity user would be charged for installation and maintenance of smart prepaid…
