LIVE: Rajasthan Governor orders state govt to call for assembly session

Rajasthan HC dismisses petition by BJP against merger of six BSP MLAs in the state with Congress. Stay tuned for latest news live updates

2:50 AM

Heavy rainfall likely in Delhi-NCR on July 29, 30; IMD issues alert

The India Meteorological Department on Monday issued an alert for heavy rainfall in the national capital on July 29 and 30.

 

In an advisory, the IMD said the heavy rainfall can cause water logging in low-lying areas and roads, leading to disruption of traffic flow and municipal services such as water supply and electricity.

 

"Delhi-NCR is very likely to experience moderate rain with one or two spells of heavy rainfall (more than 65 mm) during the evening of July 29 and July 30," it said.

2:49 AM

25-30 million lost jobs in MSMEs during March-June, says survey

A survey on micro, small, and medium enterprises conducted by SKOCH Group in collaboration with Federation of Indian Micro, Small and Medium Enterprises; Bhartiya Vitta Salahkar Samiti, and Tax Law Educare Society showed that estimated 25-30 million have lost jobs by the end of June.

 

Another 10-15 million jobs may be lost by the end of August. Read more

2:48 AM

Govt, RBI and 15th Finance Commission discuss bank recapitalisation

The Fifteenth Finance Commission is in discussions with the Centre and the Reserve Bank of India on the issue of bank recapitalisation, Commission Chairman N K Singh said on Monday.

 

The banking sector needs to open up to the same levels of ‘liberalisation process’ which other sectors have witnessed, Singh said. Read more

2:48 AM

RBI likely to slash policy rates by 100 bps in FY21: BofA Securities

Analysts at BofA Securities, in their July 26 note, have predicted contraction of Indian economy, as measured by gross domestic product (GDP), at 6 per cent in fiscal year 2020-21 (FY21) as their base case.

 

BofA expects the monetary policy committee (MPC) of the Reserve Bank of India (RBI) to slash policy rates by 100 bps in FY21 (earlier expectation: 75 bps) as base case, with inflation set to slip to 2.5 per cent in the second half of the fiscal year (H2FY21) from 6.3 per cent in July.

1:13 AM

UK, India to collaborate in anti-microbial resistance research worth 8 million pounds

1:12 AM

Oldest living IAF fighter pilot turns 100, Air chief extends greetings

Retired Squadron Leader Dalip Singh Majithia, who holds the distinction of being the oldest living IAF fighter pilot, turned 100 on Monday.

 

Air Chief Marshal RKS Bhadauria extended his greetings to the centenarian who had retired in August 1947 when India achieved Independence.

 

"IAF extends its best wishes to Sqn Ldr Dalip Singh Majithia (retd) on his 100th birthday today. He retired in Aug 1947 & holds the distinction of being the 'oldest' IAF fighter pilot now," the IAF tweeted.

12:26 AM

NASA's next Mars rover is brawniest and brainiest one yet

With eight successful Mars landings, NASA is upping the ante with its newest rover.

 

The spacecraft Perseverance set for liftoff this week is NASA's biggest and brainiest Martian rover yet.

 

It sports the latest landing tech, plus the most cameras and microphones ever assembled to capture the sights and sounds of Mars.

 

Its super-sanitized sample return tubes for rocks that could hold evidence of past Martian life are the cleanest items ever bound for space. A helicopter is even tagging along for an otherworldly test flight.

11:46 PM

Bombay Flying Club becomes country's first DGCA-approved drone training school: Aviation Ministry

11:34 PM

IMD issues alert for heavy rainfall in Delhi on July 29, 30

The India Meteorological Department on Monday issued an alert for heavy rainfall in the national capital on July 29 and 30.

 

In an advisory, the IMD said the heavy rainfall can cause water logging in low-lying areas and roads, leading to disruption of traffic flow and municipal services such as water supply and electricity.

 

"Delhi-NCR is very likely to experience moderate rain with one or two spells of heavy rainfall (more than 65 mm) during the evening of July 29 and July 30," it said.

 

Kuldeep Srivastava, the head of the IMD's regional forecasting centre, said, "At present, the monsoon trough is running close to the foothills of the Himalayas. It will start shifting southwards on Tuesday. It will be close to Delhi-NCR from Tuesday evening to Thursday."

11:33 PM

DRDO launches contest to promote innovators on fifth death anniversary of Kalam