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Indian economist wins University of Chicago’s alumni honour

Washington, March 5 (IANS) Indian economist Krishnamurthy V. Subramanian has received the University of Chicago’s Alumni Award for Professional Achievement. He is the first Indian economist to receive the honour in the award’s 85-year history. Subramanian served as Chief Economic Adviser to the Government of India from 2018 to 2021. He later represented India at […]

Homeland Security chief defends US border crackdown in tense hearing

Washington, March 5 (IANS) US Homeland Security Secretary Kristi Noem faced intense questioning from Democratic lawmakers during a congressional hearing, as she defended the administration’s sweeping immigration crackdown and border enforcement policies amid sharp criticism from lawmakers. The hearing highlighted the deep political divide in Washington over immigration enforcement, civil liberties, and border security, with […]

China’s coercion in Europe alarms US panel

Washington, March 5 (IANS) US lawmakers, foreign leaders, and experts have warned that China is expanding its influence in Europe. They said Beijing uses investment, pressure, and covert tactics, and urged closer US-Europe coordination on technology, supply chains, and security. At a hearing on “China’s increasing infiltration in Europe” on Wednesday (local time), Congressman Jake […]

US-Russia dispute over UNSC agenda illustrates its polarisation

United Nations, March 5 (IANS) In a stark portrayal of the Security Council’s polarisation that paralyses its work, a dispute between the US and a combination of Russia and China over charting Iran in the month’s agenda has stalled the adoption of its programme of work while Washington presides over it. After a flamboyant start […]

India’s PMI services remain strong in February at 58.1

New Delhi, March 4 (IANS) India’s services sector continued to expand at a healthy pace in February, even as growth in new orders slowed amid rising competition, according to the latest data from the HSBC India Services PMI Business Activity Index. The Services Purchasing Managers’ Index (PMI) stood at 58.1 in February, slightly lower than […]

Sensex slumps to 10-month low, Nifty slides over 6-month low amid Middle East tensions

Mumbai, March 4 (IANS) Indian stock markets fell for the third straight session on Wednesday as investors remained cautious over rising tensions in the Middle East, particularly the growing conflict between the United States and Iran. The uncertainty kept traders on edge and triggered selling across sectors. The Nifty ended the day 1.6 per cent […]

Safe-haven assets likely to rally as Middle East tension deepens

New Delhi, March 4 (IANS) Safe‑haven currencies, from the dollar to the yen and gold, are expected to rally and equity sentiment could worsen due to supply chain disruption amid escalation of the US-Iran war, a report said on Wednesday. The report from DBS Bank said spreads of sovereign and corporate bonds could widen as […]

West Asia conflict: Maha govt assures protection of farmers’ interests​

Mumbai, March 4 (IANS) Maharashtra Minister of Ports and Shipping Nitesh Rane claimed on Wednesday that the government will protect the interests of the farmers, especially amid the escalating conflict in West Asia, as exports of essential commodities, including sugar, onions, rice, and grapes to Gulf nations have been impacted. ​ Rane was replying to […]

Agroecological homesteads boost women’s incomes, nutrition in Central India: Report

New Delhi, March 4 (IANS) An agroecological homestead model has transformed backyard plots in Madhya Pradesh’s Mandla district, increasing production, nutritional outcomes and incomes for tribal women, a report has said. The report from Eco‑Business said the initiative, led by the CGIAR Multifunctional Landscapes Program and Professional Assistance for Development Action (Pradan) among the region’s […]

BSE gets SEBI nod to launch derivatives on Sensex Next 30 index

Mumbai, March 4 (IANS) The Bombay Stock Exchange has received approval from the Securities and Exchange Board of India to launch derivatives contracts on the BSE Sensex Next 30 index. The exchange shared the update in a notice on Wednesday, saying it will introduce cash-settled monthly index futures and monthly index options on the new […]