India’s services sector maintains strong momentum in May; job creation hits record high
India’s services sector showed continued strength in May, with businesses reporting solid growth in activity,…
China push: In Nepal, EVs now account for 76% of all vehicles sold
KATHMANDU: The narrow streets of Kathmandu – sized for pedestrians and rickshaws – are choked with engines. Buses, motorbikes, small trucks and taxis fill the sprawling valley with horns and exhaust. For its more than 3 million residents, just getting around is a dangerous, eye-stinging ordeal.But recently, a new kind of motor has started to…
Startups raise Rs 44,000 cr from public markets in FY25, twice private capital
BENGALURU: India’s venture-backed startups raised over Rs 44,000 crore ($5.3 billion) from public markets in FY25, more than double the late-stage capital they secured from private investors during the same period, according to The Rainmaker Group’s RainGauge Index FY25 Annual Update. The data points to a decisive shift in the startup funding lifecycle with IPOs,…
Julian Brown ‘disappearance’ mystery: Mother says he’s safe but can’t disclose his location, details. Here’s what happened
Julian Brown disappearance claim on social media turned out to be a hoax after his mother confirmed that the Atlanta inventor was safe. 21-year-old inventor Julian Brown was reportedly missing days after claiming that he was under attack. The Atlanta inventor has 1.7 million followers on Instagram who raised concerns about the well-being of the…
Rare earth trade ban: China’s curbs may disrupt India’s output, exports in 5 sectors, say SBI economists
China’s decision to ban exports of certain rare earth elements could disrupt India’s domestic production and exports in at least five core sectors, including transport equipment, basic metals, machinery, construction, and electronics, according to a new report from economists at the State Bank of India (SBI).The report pegged India’s rare earth and compound imports at…
What is Saudi Arabia’s ‘In the Prophet’s Steps’? Over one million worldwide registered ahead of launch | World News
The project is expanding globally with planned rollouts in Indonesia, Malaysia, Turkey, and India to share the Hijrah experience/ Image: Saudi Gazzette Saudi Arabia’s immersive Hijrah experience opens in November. Over 1 million people have already registered. The 470 km route includes 41 restored sites and a Hijrah museum. Part of Vision 2030 to boost…
Market breadth narrows: 60% of NSE 500 stocks still 20% below 2024 highs; analysts flag overvaluation, weak earnings outlook
While benchmark indices like the Nifty 50 and Nifty 500 have rebounded and now sit 5–6% below their September 2024 record highs, a majority of the broader market continues to lag, with over 60% of NSE 500 stocks still trading more than 20% below their 2024 peaks, according to an ETIG study.The surge earlier in…
‘As Gwyneth Paltrow said…’: Astronomer CEO reveals a major update to move on from Kiss cam scandal
Astronomer’s Gwyneth Paltrow ad was done by actor Ryan Reynolds’ production house Maximum Effort. Astronomer CEO Pete DeJjoy in his latest message revealed that they not only roped in Gwyneth Paltrow but also actor Ryan Reynolds — to tide over the Coldplay scandal in which the company’s former CEO Andy Byron and former HR chief…
DA hike: What raise will government employees get under 7th Pay Commission? Here’s what to expect from the 8th CPC
As the final leg of the 7th Pay Commission nears, nearly 1 crore central government employees and pensioners are now tracking the next hike in Dearness Allowance (DA) and Dearness Relief (DR), which is due to be announced soon. Although the hike will be effective from July 2025, the actual credit of revised salaries typically…
London mayor Sadiq Khan ‘delighted’ after Donald Trump calls him ‘nasty’: ‘He’d see how…’
London mayor Sadiq Khan said he’s delighted that Trump wants to visit London though he called him nasty. London mayor Sadiq Khan’s spokesperson said he was delighted that US President Donald Trump wants to visit London, though Trump called Khan a “nasty person”. At his Turnberry golf resort in South Ayrshire, Trump was asked if…
LIC bond activity: LIC steps up bond hedging with $1 billion forward rate agreement deals; partners JPMorgan and BofA in market push
Life Insurance Corporation of India has ramped up its activity in the bond derivatives market, entering into $1 billion worth of forward rate agreements (FRAs) with global lenders including JPMorgan Chase & Co. and Bank of America Corp., Bloomberg reported, citing people familiar with the matter.The deals, executed over the past two months, now represent…