Pak gets $1 bn as second tranche from IMF; budget under scanner

The International Monetary Fund has disbursed a second tranche of $1.023 billion under the Extended Fund Facility programme for Pakistan, the central bank said on Wednesday. IMAGE: Kindly note......

HAL Boosts Tejas as MiG-21 Era Ends

HAL aims to raise output from the current ceiling of 24 aircraft a year to 30 by the end of 2027. IMAGE: Then vice chief of the air staff (now chief of the air staff Air Chief Marshal), Air......

Countries should be mindful of...: Jaishankar on Gaza war

Countries have the right to respond to situations but they should be mindful of civilian casualties and must observe humanitarian laws, External Affairs Minister S Jaishankar told Rajya Sabha on......

It's Rahul vs BJP on lateral entry of bureaucrats

The opposition parties on Sunday slammed the move to hire public servants through lateral entry, claiming it will snatch reservations from SCs, STs and OBCs, but the Bharatiya Janata Party hit back......

Blackstone to invest Rs 6,200 crore for 9.99% stake in Federal Bank

Private-sector lender Federal Bank on Friday announced that New York-based Blackstone will invest Rs 6,196.51 crore in the bank through its affiliate Asia II Topco XIII Pte Ltd via a preferential......

'Emirates NBD Is In RBL For 15-20 Years'

'It is not looking at valuation, but investment, growth and ultimately better profit for stakeholders.' Photograph: Mahipal Soni/Rediff UAE-based Emirates NBD PJSC has entered into an agreement......

Indian economy to grow at 6.5% in FY26; US tariffs to weigh on exports: ADB

Despite a strong 7.8 per cent growth in the first quarter, the Indian economy is expected to grow at 6.5 per cent in the current financial year as the impact of US tariffs on Indian exports will......

Will RBI Governor Play Santa In December?

While the economy will wait for a rate cut in December, the banking industry should be happy with the wave of liberalisation -- a big push for growth in bank credit, points out Tamal Bandyopadhyay.......