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Consumer inflation at 8-year high of 7.79% may 'trigger' quicker rate hikes

Given the tone of urgency in RBI's statement to support the altered inflation-growth dynamics, "we now revise our call and expect the RBI to hike repo rate by an additional 60 bps in the rest of FY23"

Twitter, Tesla and Musk see billions evaporate after reports of buyout bid

Most of the vapourisation is coming from investors abandoning Tesla. Their carp is that legal issues at Twitter might distract the maverick suitor

Goa, Bhopal Income Tax raids linked to leaked Panama Papers, says ED

Days after Enforcement Directorate sleuths searched the premises of a renowned business house at Dempo House here on May 9, the central agency on Friday in a statement said that the operation was connected with a money laundering case registered against one Sanjay Shinde.

SC seeks Centre, EC response over J-K's Delimitation Commission plea

Solicitor General Tushar Mehta said the plea contends that delimitation can be conducted only by the EC and not the Delimitation Commission.

IPL 2022: Cummins leaves Knight Riders early due to hip injury, say reports

Kolkata Knight Riders' right-arm pacer Pat Cummins has left the 2022 edition of the Indian Premier League (IPL) with a minor hip injury, says a report by cricket.com.au

Panama Papers leak case: ED conducts raids at 4 places in Goa, MP

In a latest development in connection with the Panama Papers leak case, the Enforcement Directorate (ED) on Friday conducted searches at four premises in Bhopal and Goa in a money laundering case registered against one Sanjay Vijay Shinde.

Patna High Court issues arrest warrant against Sahara chief Subrata Roy

The Patna High Court on Friday issued an arrest warrant against Sahara India chairman Subrata Roy after he failed to appear before it despite repeated summons

Hike in interest rates by banks may hit housing demand: Realtors

Soon after the central bank Reserve Bank of India (RBI) raised the repo rate by 40 basis points, the banking sector imitated the same by increasing interest rates in lending and deposit schemes.

Sonia Gandhi hits out at BJP, accuses party of keeping country polarised

In her inaugural address at the Cong's 'Chintan Shivir', Sonia Gandhi targeted the BJP and alleged that the party was constantly 'playing the polarisation game and instilling fear in the public'

Swiggy enters high-end dining market with acquisition of Dineout

Online food delivery platform Swiggy on Friday announced it has acquired Dineout, a dining out and restaurant tech platform, for an undisclosed sum.

Stalin likely to head TN delegation to World Economic Forum meet in Davos

Tamil Nadu is chairing the AMHUB that has around ten members including the United States, Denmark, Spain, and Brazil and it is the only state from South Asia that has signed an MoU with the WEF

Australian scientists identify biomarkers that cause sudden infant death

SIDS is the unexplained death of an apparently healthy infant less than one year of age, during a period of sleep

Kumbh Mela 2025: Prayagraj gears up with new facilities for pilgrims

Chief minister Yogi Adityanath has directed officials to improve facilities and infrastructure for the mega even in 2025 which should be "grander than ever"

Chess Fed president to choose Viswanathan Anand for deputy president's post

According to a FIDE official, if president Arkady Dvorkovich wins the elections, Anand will be his deputy

Samsung holds 1st-ever 6G forum to discuss next gen communications tech

At the forum, titled 'The Next Hyper-Connected Experience for All,' global industry experts had presentations and discussions on the topics of 6G air interface and AI-based intelligent networks for 6G

Aid deliveries into Ethiopia's conflict-hit Tigray far from enough: UN

About 1.5 million people have received food assistance over the past seven months in Northern Ethiopia. However, this is only about a quarter of the number of people who needed assistance, OCHA said

Imran seeks review of Pakistan SC's decision on no-confidence voting

Khan, also chairman of the Pakistan Tehreek-e-Insaf (PTI), has contested that Article 248 of the Constitution barred any other institution from interfering in the affairs of Parliament

Karnataka HC permits Xiaomi India to take overdrafts, make payments

Senior advocate S. Ganeshan argued that Xiaomi India was being targeted as it is a Chinese company and other companies are allowed to make payments of technology royalty

PM invites citizens to share inputs for upcoming Mann ki Baat on May 29

The Prime Minister also shared a link of MyGov, inviting ideas for 'Mann Ki Baat' on May 29

Europe's cumulative Covid cases cross 218 mn, death toll tops 2 mn: WHO

It noted that although the number of new infections is decreasing in the region, Covid-19 remains a lethal virus, particularly for unvaccinated and clinically vulnerable individuals