MUMBAI: RBI’s plans to add nearly Rs 1.5 lakh crore to money markets will provide temporary relief but that may not be enough, analysts say. Further action could be required in the fourth quarter of the current fiscal, they said. If the rupee remains under pressure, RBI may need to use its reserves to limit…
Brendon McCullum. (Getty Images) Australia won the day-night second Ashes Test in Brisbane by eight wickets on Sunday to take a 2-0 lead in the five-match series. They chased the target of 65 in 10 overs, with captain Steve Smith hitting a six off Gus Atkinson over square leg to seal the result. Sixty-five was…
MUMBAI: Startup IPOs are taking the sheen off large private funding deals (beyond $100 million). Venture capital (VC) investors are actively raising funds, the funding winter is over, but it is the small and mid-sized deal counters (a few million dollars to $50 million or so) where there’s a rush of activity. There have been…
NEW DELHI: The online money gaming industry may be crippled after the govt’s ban on their operations, but Korean esports major Krafton — the maker of the popular Battlegrounds Mobile India (BGMI) game — is doubling down on India. The company is lining up investments of around $200 million (around Rs 1,800 crore) for the…
Filmmaker Vikram Bhatt who is known for making the ‘Raaz’ franchise, ‘Kasoor’, ‘Awara Pagal Deewana’ among othershas reportedly been arrested in a ₹30 crore fraud case. The arrest took place during a joint operation by the Rajasthan Police and Mumbai Police at the home of Bhatt’s sister-in-law. Rajasthan Police will now seek transit remand from…
Smriti Mandhana and Palash Muchhal Indian women’s cricket team vice-captain Smriti Mandhana has officially addressed the end of her engagement with music composer Palash Muchhal, ending weeks of social media speculation.Mandhana shared her statement on Instagram, marking her first public response to the situation.“I need to clarify that the wedding is called off. I would…
Lucknow: The Uttar Pradesh tourism department is set to develop historic Yahiyaganj Gurdwara in Lucknow as a heritage and tourism site with a fund of Rs 2 crore.The initiative aims to conserve the historical legacy of the gurdwara while improving the visitor experience for devotees and travellers who come to engage with Sikh history.State tourism…
Lucknow: The Lucknow Development Authority (LDA) has scrapped its proposed “Second Innings Homes” project for senior citizens in Gomtinagar’s Virajkhand and decided to relocate it to another site. The decision was taken at a recent LDA board meeting after it was found that high-tension power lines were passing directly over the identified plot.Approved in 2023,…
Lucknow: The public outreach initiative, ‘Aapka Vidhayak – Aapke Dwaar’, launched by Sarojininagar MLA Rajeshwar Singh to ensure doorstep delivery of govt welfare schemes, marked its 146th camp on Sunday in Ashrafnagar.Hundreds of residents participated and presented issues related to streetlights, PM Awas applications, drainage, road repairs, Ayushman cards and old-age pension. A total of…
Lucknow: A 42-year-old finance executive with an MNC in Bengaluru died after allegedly collapsing at the parking of Chaudhary Charan Singh International Airport in Lucknow late Friday evening, police officials said on Sunday.The deceased, Anoop Kumar Pandey, suddenly fell ill in the airport’s parking area shortly after arriving to board an Air India flight to…