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IMF approves disbursement of $1 bn loan to Pakistan despite India's warning

The Washington-based global lender said its Executive Board concluded the initial review of Pakistan's economic reform programme under the Extended Fund Facility

DGCA says 32 airports shut for civilian flight operations till May 15

The airports include Adhampur, Ambala, Amritsar, Awantipur, Bathinda, Bhuj, Bikaner, Chandigarh, Halwara, Hindon and Jammu

Evacuation underway in at least 5 border districts of Jammu region

Abdullah also visited relief centres in Mishriwala, Nagbani, Bishnah, and Thandi Khui, urging officials to stay alert and responsive

India repels Pak drone strikes at 26 sites, Srinagar airport targeted: Govt

The military said drones were spotted in Baramulla, Srinagar, Avantipora, Nagrota, Jammu, Ferozpur, Pathankot, Fazilka, Lalgarh Jatta, Jaisalmer, Barmer, Bhuj, Kuarbet and Lakhi Nala

Centre urges states to grant emergency buying powers to civil defence teams

The communication said the funds of the local authority shall be applicable to the payment of the charges and expenses incidental to such compliance

Trump calls for swift de-escalation amid India-Pakistan border tensions

The comments by White House Press Secretary Karoline Leavitt came as military action between India and Pakistan intensified following India's strike on nine terror sites in Pakistan

Ashwini Vaishnaw meets editors, urges to report responsibly amid conflict

The minister also advised the electronic media to refrain from live coverage or real-time reporting of defence operations and movement of security forces

Sebi proposes new disclosure norms for governance by HVDLEs in India

Under the proposal, an HVDLE should submit a secretarial compliance report in such form as specified by Sebi, to stock exchanges, within 60 days from end of each financial year

Pakistan Super League postponed amid ongoing military conflict with India

The BCCI has also suspended the remainder of the Indian Premier League (IPL) due to cross border tension between the neighbouring nations

BCCI eyes hosting rights for 2027 World Test Championship final in India

The deteriorated bilateral relations between India and Pakistan could be a potential spoiler if both the teams enter the final, but that is a situation which will be dealt with at that point of time

Consumer court awards ₹1 L for farmer as banana plants fail to bear fruit

The local agriculture officer and an advocate commissioner visited the farm and submitted reports that supported the farmer's claims

PM Modi meets tri-services chiefs, NSA, CDS amid India-Pak border tensions

The conflict with Pakistan has intensified with the armed forces responding proportionately and adequately to Pakistani attempts to target Indian installations on the intervening night of May 8 and 9

Public sector banks post record ₹1.78 tn profit in FY25, growth up 26%

Out of the total profit of Rs 1,78,364 crore earned during the FY25, market leader State Bank of India (SBI) alone contributed over 40 per cent of the total earnings

ABB India Q1 results: Profit rises 3% to ₹474 crore on higher revenues

According to the statement, the company achieved a revenue of Rs 3,160 crore for the first quarter (January-March 2025) which is higher than Rs 3,080 crore in the same period a year ago

MNRE likely to allocate ₹857 crore for phase 2 of waste-to-energy scheme

The first phase has a budget outlay of Rs 858 crore. The programme supports setting up of bioenergy plants by providing central financial assistance

Cholamandalam Financial Q4 results: Net profit rises 19% to ₹1,362 crore

For the financial year ending March 31, 2025 the consolidated PAT grew to RS 4,739.88 crore from Rs 3,850.56 crore registered during the corresponding quarter of last financial year

CCPA issues notices to 13 e-commerce sites over illegal walkie-talkies

These platforms are: Amazon, Flipkart, Meesho, OLX, TradeIndia, Facebook, Indiamart, VardaanMart, Jiomart, Krishnamart, Chimiya, Talk Pro Walie Talkie and MaskMan toys

Birla Corporation Q4 results: Net profit jumps 32.7% to ₹256.6 cr in FY25

The debt-equity ratio of the company at the end of March 2025 quarter decreased to 0.56 as compared to 0.67 in the previous corresponding period

Mahindra seeks CCI approval to acquire 59% stake in SML Isuzu for ₹555 cr

Mahindra & Mahindra (M&M) has sought approval from the Competition Commission of India to acquire majority stake in commercial vehicle maker SML Isuzu.

India's reservoir levels rise overall but eastern, northern states lag

This marks an increase from the 49.290 BCM recorded during the same period last year and exceeds the ten-year average of 50.038 BCM