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European Union takes major step toward Russian oil ban, new sanctions

The EU gets about 25% of its oil from Russia

Airbus registers 1.2 billion euro profit; will build more A320s

The ramp-up in A320 production builds on a current Airbus goal to build 65 A320s a month by the middle of 2023.

Railways uses 86% of open wagons for coal transportation amid shortage

Data shows the Railways has around 3,82,562 wagons, out of which 1,31,403 are open wagons and 3,636 of whom are in need of repair as of May 2

PM Modi meets France's Macron; discusses regional, global developments

Macron held a tete-a-tete with Modi before the delegation-level talks at the Elysee Palace - the official residence of the French President

78% Indian organisations found to have been hit by ransomware: Survey

The survey found that 48% of Indian firms paid less than $5,000, while 10% paid $1 million or more

Loudspeaker row: Hundreds of MNS workers detained in parts of Maharashtra

In Pune and neighbouring Pimpri Chinchwad, 200 Maharashtra Navnirman Sena (MNS) workers and party functionaries were detained, while 12 party activists were arrested in Thane

Dolly Parton, Eminem, Lionel Richie in Rock & Roll Hall of Fame

In its citation, the hall call­ed Parton 'a living legend and a paragon of female empower­ment'

Punjab and Haryana HC permits Haryana to hold panchayat elections

Notably, the term of the village panchayats in Haryana had ended on February 23, 2021

SC strikes down law allowing Kerala to annul arbitration clause, awards

Supreme Court on Wednesday struck down a 1998 local law allowing the state government to revoke the arbitration clause and the judicially enforceable arbitral awards, saying it was "unconstitutional"

EU takes major step toward Russian oil ban, new sanctions imposed amid war

The European Union's top official on Wednesday called on the 27-nation bloc to ban oil imports from Russia and target the country's biggest bank and major broadcasters in a sixth package of sanctions

India's Russian oil import 'minuscule', must not be politicised: Govt

Country's energy needs are enormous, says oil ministry in statement.

Growth to be in range of 7-8.5% given global uncertainties: CEA Nageswaran

The International Monetary Fund recently lowered its growth forecast to 8.2 per cent which is higher than 7.2 per cent by the Reserve Bank of India

LIC IPO Day 1: Issue subscribed 66%; policyholders' portion oversubscribed

LIC's public offer, the country's biggest-ever IPO, saw the policyholders' portion being oversubscribed on the first day itself on Wednesday, though overall subscription stood at just 66%

Investor wealth tumbles Rs 6.27 trillion as markets tank after RBI meet

Home, auto and other loan EMIs are likely to increase after the Reserve Bank of India (RBI) hiked its key interest rate by 40 bps in a surprise move on Wednesday in an effort to tame inflation

Pope's Ukraine diplomacy a political and spiritual tightrope

Pope Francis hasn't made much of a diplomatic mark in Russia's war in Ukraine, seemingly unable to capitalise on his moral authority, soft power or direct line to Moscow

European Union leader calls for Russian oil ban in new set of sanctions

European Commission President Ursula von der Leyen also proposed that Sberbank, Russia's largest bank, and two other major banks be disconnected from the SWIFT international banking payment system.

Ukraine hopes for more evacuations from besieged steel mill in Mariupol

Mariupol has come to symbolize the human misery inflicted by the war.

North Korea launches projectile in an apparent weapon test: S Korea

South Korea's Joint Chiefs of Staff says the launch was made on Wednesday but gave no further details.

Sri Lanka opposition seeks no-confidence vote on Rajapaksas

Protesters on Tuesday were in the 25th day of their occupation of the entrance to the president's office, demanding the resignations of Rajapaksa family members

President Biden visits Lockheed plant as weapons stockpile strained

The Russian invasion offers the US and European defence industry a big opportunity to bolster profits as lawmakers from Washington to Warsaw are primed to increase defence spending