Record imports push trade deficit to near all-time highNEW DELHI: India’s trade deficit neared record level in Aug as a surge in gold shipments pushed up monthly imports by 3.4% to an all-time high of $64.4 billion, while exports fell 9.4% to $34.7 billion.As gold imports more than doubled to a new high of over…
NEW DELHI: Citing multiple accounting lapses, audit watchdog National Financial Reporting Authority (NFRA) on Tuesday proposed aligning a key accounting standard with global norms, which has been resisted by a powerful lobby of chartered accountants. NFRA has argued that it is important to converge SA600, fixed 22 years ago, with the global standard to ensure…
NEW DELHI: Israel‘s ambassador to India Reuven Azar on Tuesday hit out at Iran‘s Supreme Leader Ali Khamenei for his remarks on Muslims in India. “You are a killer and oppressor of your own people. Muslims in Israel, India and all democracies enjoy freedom, which is denied in Iran. I wish the people of Iran…
NEW DELHI: Finding merit in the “sensitive information” provided by the Union government, the Supreme Court collegium on Tuesday reconsidered its July 11 recommendation for appointment of chief justices to seven high courts and routed three of them to different HCs.The collegium led by CJI D Y Chandrachud and comprising Justices Sanjiv Khanna and B…
NEW DELHI: Union minister Hardeep Singh Puri on Tuesday said that the recent statement of Rahul Gandhi about the Sikh community during his US visit showed a “Jinnah like” mindset – “Either I get what I want or I will destroy it.”“Rahul Gandhi wants to foment a divisive narrative and the nation to bleed,” said…
NEW DELHI: Union home minister Amit Shah on Tuesday said Waqf Amendment Bill, currently being examined by a joint parliamentary committee, is committed to management, protection and prevention of misuse of Waqf properties and will be brought to Parliament for approval “in the coming days”.The assertion that the bill will be tabled soon makes light…
LOS ANGELES: In one of the biggest tech launches this year, American multimedia company Snap Inc introduced its new cutting-edge AR (augmented reality) spectacles together with its new OS, which powers these see-through glasses.The fifth generation Snap spectacles, which the company says weigh 226 gram, sit lightly on the eyes and behave like usual glasses…
MUMBAI: In the 70th year of its formation, the Department of Atomic Energy (DAE) will cross an important milestone with India’s first 500MW Prototype Fast Breeder Reactor (PFBR) near Kalpakkam, close to Chennai, set to become critical.Speaking on Monday at the 68th general conference of the International Atomic Energy Agency (IAEA) in Vienna, Ajit Kumar…
MUMBAI: In a major step towards boosting nuclear power generation in the country, the govt has given the go ahead for the formation of a new firm — Ashvini — a joint venture between Nuclear Power Corporation of India Limited (NPCIL) and National Thermal Power Corporation (NTPC).According to NPCIL, its share in the new organization…
LONDON: A new academic study has found that the “pervasive problem of violence against women in India” will not be solved by men protecting women, as such patriarchal sexist beliefs can also be harmful.The first large-scale analysis of associations between sexism and tolerance of violence against women in India, written by academics in the UK,…
