Vladimir Putin and Andrei Kozyrev (File photo) Russia’s justice ministry said on Friday that it has designated Andrei Kozyrev — a former foreign minister and prominent critic of President Vladimir Putin — as a “foreign agent”. The Yeltsin-era minister responded to this labelling by calling it “the stupidity of the regime.”According to Reuters, Kozyrev, 74,…
MUMBAI: The rupee closed at 86.04 against the dollar on Friday, gaining 64 paise from Wednesday’s close. However, it ended the week 0.9% weaker, marking its worst weekly performance in two months. The decline followed last weekend’s rally when the currency had strengthened to 84.97.The rupee’s recovery came as the dollar weakened globally. The dollar…
Spain’s RTVE has urged the EBU to debate Israel’s Eurovision participation due to the Gaza war, prompting the EBU to acknowledge concerns while affirming all members’ eligibility. The contest, set in Basel, faces protests over Israel’s inclusion, with Yuval Raphael representing the nation amidst the ongoing conflict that began on October 7, 2023. Spain’s public…
HYDERABAD: The rapidly escalating trade tensions between the US and China propelled gold past the $3,200/ounce mark for the first time on Friday. This in turn also pushed the price of the yellow metal in the domestic market a step closer to the psychologically important Rs 1 lakh/10-gram mark, to Rs 96,000 by Friday evening,…
Denmark PM Mette Frederiksen (AP file photo) Denmark started the process of approving a new defence agreement with the United States that will allow American troops to be stationed on its mainland. The Danish parliament held the first of three readings of the bill on Friday, with a final vote expected by the end of…
MUMBAI: Markets regulator Sebi on Friday warned people about the proliferation of securities market-related fraudulent activities using various social media platforms (SMPs). It also asked people to report such activities on its portal, at https://mi.sebi.gov.in/.With the rise in digital platform usage, fraudsters are enticing victims through trading advice disguised as educational content, Sebi said in…
Lt. Gen. John Caine (Retired) (AP Photo) On Friday, the Senate confirmed retired Air Force Lt. Gen. Dan “Razin” Caine as the new chairman of the Joint Chiefs of Staff, nearly two months after President Donald Trump dismissed his predecessor. Trump nominated Caine for the position in February, following the abrupt firing of Gen. CQ…
MUMBAI: Total assets managed by the mutual fund (MF) industry jumped 23% or Rs 12.3 lakh crore in fiscal 2025 to settle at Rs 65.7 lakh crore. Of this, about Rs 8 lakh crore came though fresh inflows, while the balance was due to mark-to-market gains, data released by industry trade body AMFI showed.At close…
Luigi Mangione’s lawyers slam Trump admin’s push for death penalty in UnitedHealthcare CEO murder case (Picture credit: AP) Lawyers for Luigi Mangione, the man accused of fatally shooting UnitedHealthcare CEO Brian Thompson in a shocking daylight attack in December 2024, are urging a federal judge to block the Trump administration from pursuing the death penalty,…
MUMBAI: RBI has proposed a new route for banks and NBFCs to offload bad loans, allowing them to bundle and sell stressed assets directly to investors through special purpose entities set up by regulated financial firms. Until now, only asset reconstruction companies handled such assets. The move, announced with the April monetary policy, is intended…
