Securitisation Volume Soars to Rs 70,000 Crore in Q2 FY25, Driven by Vehicle Financing
Securitisation volume in India surged by 56% year-on-year to Rs 70,000 crore in the second quarter of FY25, primarily fueled by vehicle financing, according to a report by CRISIL Ratings released on Wednesday. This increase was largely driven by significant issuances from key
Olympic Champion Valarie Allman Named Delhi Half Marathon Ambassador
American discus thrower Valarie Allman, gold medalist at the Tokyo 2020 Olympics and the upcoming Paris 2024 Olympics, has been appointed the international event ambassador for the Delhi Half Marathon, scheduled for October 20. Allman set a new American record with a throw
HM Shah Calls BJP’s Victory in Haryana Historic; Praises Performance in J&K
Home Minister Amit Shah expressed his delight over the BJP’s historic return to power in Haryana for a third consecutive term, while also commending the party’s performance in Jammu & Kashmir, where elections were held for the first time in a decade since
Biden Postpones Foreign Trip Due to Hurricane Milton
US President Joe Biden has postponed his planned trip to Germany and Angola later this week to focus on preparations for Hurricane Milton, expected to hit Florida. “Given the projected trajectory and strength of Hurricane Milton, President Biden is postponing his upcoming trip
Israeli PM Confirms Death of Senior Hezbollah Leader
Israeli Prime Minister Benjamin Netanyahu has announced that Israel has eliminated “thousands” of Hezbollah members, including Hashem Safieddine, who was expected to succeed the group’s slain leader, Hassan Nasrallah. In a video message to the people of Lebanon, released by Netanyahu’s office on
PM to Launch Multiple Development Projects in Maharashtra Today
Prime Minister Narendra Modi is set to launch several development projects worth over ₹7,600 crore in Maharashtra via video conferencing on Wednesday. Among the key projects, he will lay the foundation stone for the upgrade of Dr. Babasaheb Ambedkar International Airport in Nagpur,
US Monitoring North Korea’s Support for Russia: Pentagon
The US is actively monitoring North Korea’s support for Russia, according to a Pentagon spokesperson. This comes after reports surfaced that six North Korean military officers were killed in a Ukrainian missile strike in Russian-occupied territory near Donetsk last week. Ukrainian media have
Brazil Lifts Ban on X Following Compliance with Court Orders
Brazil’s Supreme Court has lifted the ban on the social media platform X, which had been in effect for over a month due to non-compliance with court rulings. Judge Alexandre de Moraes announced the lifting of the ban on Tuesday after X paid
Beckers-Vieujant Appointed Chair of French Alps 2030 Coordination Commission
Pierre-Olivier Beckers-Vieujant has been appointed as Chair of the French Alps 2030 Coordination Commission by the International Olympic Committee (IOC). Bringing extensive experience to the role, Beckers-Vieujant previously led the Coordination Commission for the 2024 Paris Olympic and Paralympic Games, as noted by
RBI Maintains Repo Rate at 6.5% and Projects 7.2% GDP Growth for FY25
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 6.5%, while maintaining its forecast for India’s real GDP growth at 7.2% for FY25. RBI Governor Shaktikanta Das noted that inflation is expected to
Haryana CM Meets PM Modi Following Poll Success
Following a strong performance in the Haryana Assembly elections, Chief Minister Nayab Singh Saini met Prime Minister Narendra Modi at his residence in the capital on Wednesday. This meeting is notable as Union Minister Manohar Lal Khattar announced on Tuesday that the BJP
‘Big Achievement for AAP’: Gopal Rai Celebrates Victory in J&K’s Doda
The Aam Aadmi Party (AAP) celebrated its first victory in the Jammu and Kashmir Assembly elections, with Delhi’s Environment Minister, Gopal Rai, congratulating party candidate Mehraj Malik. He described the win as a significant milestone for the party. In an interview with IANS,
Study Reveals Brainstem Damage Linked to Long-Lasting Covid Symptoms
A recent study has identified damage to the brainstem—the brain’s control center—as a key factor behind the enduring physical and psychiatric effects of severe Covid-19 infections. Researchers from the Universities of Cambridge and Oxford utilized ultra-high-resolution scanners to examine the brains of 30
Study Finds ChatGPT Overprescribes Unnecessary X-Rays and Antibiotics in Emergency Care
A recent study has revealed that while ChatGPT demonstrates promise in patient interactions and medical examinations, it tends to overprescribe unnecessary x-rays and antibiotics in emergency care settings. Conducted by researchers from the University of California-San Francisco (UCSF), the study indicated that ChatGPT
World Bank Signs $200 Million Agreement to Support Sri Lanka’s Economic Reforms
The World Bank and the Sri Lankan government have signed an agreement for an additional $200 million to support the country’s economic reforms, as announced in a statement from the World Bank on Monday. This funding is part of the Second Resilience, Stability,
India Calls for Global Action to Address Terrorism Amid Emerging Conflicts
India has urged for “global action” to align with the ambitious commitments made by world leaders to combat terrorism, as new theaters of conflict emerge. This call was made by India’s Permanent Representative to the UN, P. Harish, during a session on strengthening
Researchers Enhance Validity of Earthquake Forecasts
International researchers have made significant updates to an open-source software tool designed to evaluate earthquake forecasts, boosting confidence for governments and researchers in their predictive capabilities. These advancements are vital for long-term planning and preparedness to improve resilience against the devastating impacts of
PM Modi’s Upcoming Visit to Laos Highlights India’s Support for ASEAN Centrality in the Indo-Pacific
Prime Minister Narendra Modi’s visit to Laos this week emphasizes the critical role of ASEAN member countries in India’s Act East policy and its broader Indo-Pacific Vision, underpinned by the Security and Growth for All in the Region (SAGAR) initiative. PM Modi is
South Korea to Provide $500,000 in Aid to Flood-Affected Nepal
South Korea has announced a $500,000 humanitarian aid package for Nepal to support relief efforts following devastating floods and landslides. The South Korean foreign ministry made the announcement on Tuesday. The recent monsoon rains in Nepal have resulted in over 200 fatalities, with
Pakistanis Demand No Further Invitations for Zakir Naik After Controversial Remarks
Zakir Naik, the controversial Islamic preacher currently on tour in Pakistan, is facing significant backlash following his recent remarks, with even some of his staunch supporters expressing discontent over his invitation as a ‘state guest.’ A video of Naik went viral on social